Co-operative Bank Project Officer Job in Kenya

Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? The Co-operative Bank of Kenya, “the Kingdom Bank” is the place for those looking to new horizons.

We are looking for dynamic, creative and self-oriented professionals to fill the position of:

Project Officer - Mortgage Finance

Job Summary:

Reporting to the Business Development Manager, the jobholder will be required to support delivery of the construction product by offering the relevant technical and administrative support.

Main Duties:

The key responsibilities will among others include:

• Undertaking technical analysis/reviews on construction projects with a view to ensure compliance with the entire bank, relevant statutory and legislative requirements.
• Reviewing project progress reports with a view to advice management on early identification of potential problems.
• Ensuring completeness of project documentation as per approval conditions before initiating disbursements.
• Liaising with the various bodies within the built and design industry with a view to build and update a database for qualified professionals in construction industry.
• Advising management of various legislative /statutory changes within the build and design industry and its impact on the business.
• Reviewing the profiles of the project implementation team and give advice on the capability of the appointed team to undertake the proposed development.
• Conducting technical analysis on projects with a view to advice on adequacy of the proposed costings in line with the current market cost estimates.
• In liaison with the project implementation teams, designing draw down schedules tailored to project implementation.
• Maintaining system based ticklers for renewal of relevant project documentation such as performance bonds, contractors all risk insurance cover as well as designing and maintaining a filing system for  project related documentation
• Maintaining systems based ticklers on payment of interest during project implementation and make timely collection of such amounts.
• In consultation with the BDM attending periodical site progress meetings and ensuring areas of concern to the bank are properly communicated and followed up for implementation/response.
• Following up with the project managers and keeping records of minutes held on the various projects.
• Liaising with the project managers and ensuring timely receipt of all site progress reports as well as liaising with the legal department, ensuring completeness of the legal documentation.
• Initiating projects disbursements having ascertained compliance with the loan offer conditions.
• Monitoring project implementation schedules and advising the BDM on early problem signs and recommending remedial actions.
• Assisting BDM and in preparation of various management reports such as project compliance reports, portfolio performance, concentration risk reports.
• Participating in site inspections, review missions, and generating the necessary site reports.
• Conducting reconciliations of financial, value of work done, outstanding works and undisbursed loan funds with a view to stress test bank exposure to the project/ need for additional funds in form of sponsor support.
• In liaison with the project managers and marketing agents, receiving sales reports and conducting quarterly reconciliations of the sales proceeds applied to the escrow account in order to monitor sales progress & cash flow financial implications.
• Providing  technical support to the Business Development Team and Credit Analysis Team  in evaluation of construction related applications
• Analyzing applications from other business unit’s and giving recommendations.
• Recording key learning points for dissemination with a view of improving on the bank processing procedures and risk management.

Job specification:
The incumbent will be required to possess the following qualifications, attributes and skills:

• A bachelor’s degree in Construction Management, Land/Building Economics, and any other relevant qualification.
• At least 2 years experience in a project management firm within the construction industry.
• Good knowledge and experience in project appraisal preferably in a banking environment
• Computer literacy is mandatory
• Time management and personal organisation
• Excellent communication skills both written and oral
• Strong analytic and numerical skills for calculation of statistics needed in performance tracking
• Report writing skills
• Innovativeness

Application Process

Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum Vitae accompanied by copies of certificates and indicating the current remuneration to the address shown below or send to jobs@co-opbank.co.ke by 15th October 2012.

Please quote this reference on your application and on the envelope: PO/3/HRD/2012

The Director
Human Resources Division
Co-operative Bank of Kenya Ltd.
P.O. Box 48231-00100
NAIROBI

We are an equal opportunity employer.

NB: Only the short listed candidates will be contacted.