The role of the Head – Corporate Credit Risk Analysis at Co-operative Bank of Kenya is crucial for maintaining the Bank's credit risk profile. The successful jobholder will be responsible for overseeing the analysis and approval process for all credit proposals originating from Lending Units, Treasury, and any other department whose activities expose the Bank to credit risk. This involves ensuring compliance with internal policies and external regulations, maintaining quality standards in appraisals, and fostering a robust credit risk management culture.
Key Responsibilities
- Provide oversight of all analysis and approval of credit proposals from all Lending Units, Treasury, and any other department/unit that will expose the Bank to credit risk in its daily activities, as well as oversee the review of Financial Institutions (Banks), Insurance companies and Treasury limits as and when required.
- Ensure that all appraisal decisions meet the agreed Service Level Agreement (SLA) and quality standards, and escalate any adverse observations to the Director-CM.
- Ensure compliance with Bank Loan policies, lending guidelines, and Government regulations in collaboration with the lending units and other departments within the Credit Management Division (CMD), as well as coordinate the Environment and Social risk management, policy implementation, reporting, and capacity building.
- Work closely with the Director – CMD to maintain an appropriate credit risk management culture.
- Attend all credit committee meetings as scheduled or agreed and provide timely and organized responses to internal customer proposals and escalate any complex internal customer issues to the Director – CMD and other relevant authorities accordingly.
- Manage all staff of the department, ensuring they are adequately resourced and well-skilled to perform their roles.
- Maintain and develop professional and technical knowledge by attending and contributing to training programs, educational workshops, reviewing professional publications, establishing personal networks, and participating in professional structures & studies.
Desired Skills and Experience
To be successful in this role, candidates must possess the following qualifications, experience, and competencies:
- A Bachelor’s degree in a Business related field from a recognized university with Certification in Credit management or Analysis.
- At least 8 years’ experience in Credit Analysis, 4 of which must be in a Senior/Management role within Corporate Credit Risk Analysis.
- Good knowledge of the Banking Act, Bank Operating procedures, business trends, and thorough knowledge of CBK Lending guidelines.
- Excellent communication and report writing skills.
- Superior leadership, management, and co-ordination skills with the ability to influence positively and engage direct and indirect reports and peers.
- Must be customer focused & results oriented.
