ROLE ACTIVITIES
Team Leadership and Management:
- Lead and manage a team of credit analysts providing guidance, training, and support to ensure high performance.
- Allocate resources effectively to ensure timely processing of credit applications.
- Work closely with Business Development Team on loan originations and verify loan annual reviews
Credit Assessment and Approval:
- Oversee the assessment of credit applications, ensuring thorough analysis of financial statements, credit history, and risk factors.
- Review and approve credit applications within delegated authority levels or escalate to higher authorities as needed.
- Ensure all credit decisions are made in compliance with internal policies and regulatory requirements.
Policy and Process Management:
- Develop, implement, and maintain credit origination policies and procedures to ensure consistency, efficiency, and compliance.
- Continuously review and improve the credit origination process to enhance efficiency, reduce turnaround times, and improve client experience.
Risk Management:
- Monitor and manage credit risk within the origination process, ensuring that the credit portfolio is aligned with the institution’s risk appetite.
- Implement risk mitigation strategies, such as collateral management and loan structuring, to minimize potential losses.
Stakeholder Engagement:
- Collaborate with other departments, including risk management, legal, and sales, to ensure a smooth credit origination process.
- Communicate with clients to discuss credit decisions, provide explanations, and negotiate terms as needed.
Reporting and Compliance:
- Prepare and present regular reports on credit origination activities, including key performance indicators (KPIs), credit quality metrics, and risk assessments, to senior management.
- Ensure that all credit origination activities are compliant with regulatory requirements and internal policies.
Client Relationship Management:
- Maintain strong relationships with key clients, understanding their financial needs and providing tailored credit solutions.
- Work closely with the sales team to support business development initiatives through effective credit origination.
Product Development and Innovation:
- Collaborate with product development teams to design and enhance credit products for the agricultural sector, ensuring they meet client needs and align with risk management principles.
- Provide input on pricing strategies, loan terms, and product features based on credit risk analysis and market conditions.
Risk Mitigation and Policy Development:
- Develop and implement risk mitigation strategies, including collateral management, loan structuring, and monitoring practices specific to agricultural lending.
- Assist in the formulation and review of credit policies and procedures related to ensure they are robust and aligned with the Banks risk appetite.
Portfolio Management and Monitoring:
- Monitor the performance of the Bank’s loan portfolio, identifying emerging risks and trends.
- Conduct regular portfolio reviews and stress testing to assess the impact of market conditions on credit risk exposure.
- Recommend corrective actions or adjustments to lending strategies to minimize risk.
QUALIFICATIONS & EXPERIENCE
- A bachelor’s degree in finance, business, accounting, economics, or related field;
- A master’s degree in finance, business administration (MBA), or a related field is highly preferred;
- 7 years of experience in credit risk management, with a focus on credit origination/ evaluation and underwriting.
- Proven track record in leading and managing a credit analysts team in a financial institution.
- Experience in developing and implementing credit policies, procedures, and risk management strategies.
- Strong background in working with various types of credit products, across commercial.
- Agric lending will be an added advantage.
Closing date: 31 December 2024