I&M Bank Head of Credit Monitoring & Control Job in Kenya

I&M Bank is seeking to recruit qualified individuals for the following position:

Head of Credit Monitoring & Control

Ref: CMC/07/2012

Job Summary:

To supervise, control and monitor the credit portfolio of the Bank as laid down in the Credit Policy and Guidelines & Procedural Manuals and in compliance to the Banking Act, CBK Prudential Guidelines and Agreements with DFIs. 

This will carried out with the objective of preserving and enhancing the quality and safety of lending and promoting best practice within the Bank.

Duties and Responsibilities

The Head of Credit Monitoring & Control will report to Head of Credit Risk Management and will be responsible for:

• Overseeing credit monitoring & control function and supervision of the staff in the unit
• Preparing / review portfolio reports, management reports, statutory reports and other external credit related reports
• Portfolio risk measurement including risk classification of assets, assessment of portfolio risk ratings and assets maturities, etc.
• Spearheading operational risk management within credit function by reporting operational risk, continuously review, identify and report breaches of procedures and failures in controls
• Risk control including provisioning, administration of Non-Performing Accounts portfolio, follow up of insurance renewals, valuation reports, escalation of cases where value of securities, follow up with Business Units on loan arrears, excess drawings and expired limits, etc.
• Portfolio risk monitoring including stress testing, review of compliance to set terms, etc.
• Validation of transactions and maintenances in the system
• Monitor compliance to service level agreements with other departments

Personal Skills/Attributes:

• Leadership skills with good interpersonal skills
• Analytical skills
• Ability to make decisions

Qualifications and Experience:

• Bachelor degree in Accounting or Business disciplines
• Post-graduate degree is an added advantage
• AKIB
• At least 8 years’ experience in a banking environment of which 5 in credit function of a busy commercial bank
• Practical knowledge of Finacle Core Banking System is an added advantage
• Basic legal knowledge

If you believe you meet the above requirements, send your application together with a comprehensive curriculum indicating your qualifications, present position, contact and names of three referees. 

Your application should reach the below address on or before 28th July, 2012. 

Please quote reference number followed by the position applied for in the application

The Human Resources Manager
I&M Bank Limited
I & M Tower, Kenyatta Avenue
P.O Box 30238 – 00100, Nairobi

Or email: recruit@imbank.co.ke

Only short listed candidates will be contacted. 

Canvassing will lead to automatic disqualification.