Co-operative Bank Project Assistant 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 Assistant - Mortgage Finance

Job Summary:

Reporting to the Business Development Manager, the jobholder will be required to participate as part of a team in reviewing and supporting the business in processing of construction finance applications and maintenance of relationships with clients during project implementation in line with the banks business objectives.

Main Duties:

The key responsibilities will among others include:

• Reviewing projects in property development suitable for financing, bearing in mind risk/return parameters set by the bank.
• Monitoring, in collaboration with the banks business and credit risk units, progress on project implementation.
• Monitor the financial and operational performance of projects for early identification of potential problems as well as initiate timely remedial actions.
• Handling of inquiries from prospective clients that sometimes involve preliminary site visits  with the Business Development Teams
• Providing guidance for purposes of re-packaging construction cases  to meet banks requirements
• Review of new applications for funding submitted from our branch network
• Initiating disbursement memos for review by the BDM as per  the laid down policies and procedures
• Review and feedback into customer satisfaction surveys, responding to customer Product complaints especially during project implementation.
• Maintain construction project files ,that relate to customer correspondence, Work in Progress, Approved credit request and general correspondence
• Conduct pre-appraisal reviews and communicating the findings to the Business Development Manager and prospective clients.
• Review submitted project documentation that includes but not limited to titles, approved architectural drawings, structural drawings, Nema approvals/ licenses.
• Conduct initial technical analysis on projects with a view to advice on adequacy of the proposed costings in line with the current market cost estimates.
• Reviewing offer letter terms and conditions to ensure they are in tandem with the envisioned mode of project implementation
• In liaison with the project implementation teams, design draw down schedules tailored to project implementation
• Reviewing submitted interim valuations before initiating disbursement requests.
• Ensuring  the term sand conditions of the offer letter are adhered to during project implementation cycle
• Holding meetings with clients/consultants to address issues on proposed construction projects
• Conducting periodical site  visits to asses projects and holding discussion with concerned parties
• Undertaking detailed Appraisal report for review by the Business Development Manager.
• Working in conjunction with the business units to  write supervision reports that asses critical parameters at implementation stage and  address issues arising out of the outcome of the supervision
• Monitoring performance of the project portfolio and generating management reports.
• Conduct post implementation reviews on projects.
• Record key learning points for dissemination with a view to improving on the bank processing procedures and risk management.
• Liaise with Sales teams and participate in training of other staff members on construction product

Job specification:

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

• A bachelors degree in either Land/Building Economics, Economics, Finance, Banking or Business Administration and any other relevant qualification.
• A masters degree in any of the above related disciplines is an added advantage
• 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
• Experienced in basics of Project management and bank operations
• Good interpersonal and networking skills
• Report writing skills

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 19th October 2012.

Please quote this reference on your application and on the envelope: PA/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.