Principal Credit Officer, AHB 5 (Home Allocation and Financing)

Key Responsibilities

• Develop and implement strategies for the credit and applications department in alignment with Board goals.
• Make high-level decisions on credit approvals, rejections, or conditional approvals based on thorough evaluations.
• Ensure all credit applications, approvals, and related transactions are accurately documented.
• Liaise with legal, finance, and other departments to ensure seamless processing and compliance.
• Address and resolve complex issues or complaints raised by applicants professionaly.
• Analyze credit portfolio performance, including approval, delinquency, and default rates.
• Prepare and present detailed reports on credit activities and risk assessments to the Board of Directors.
• Promote the adoption of new technologies and best practices to optimize credit operations.
• Implement feedback to drive continuous improvement initiatives.
• Coordinate with internal and external auditors to facilitate credit audits.
• Identify potential risks in the credit application process and develop mitigation strategies.

Requirements & Qualifications

• Cumulative service period of nine (9) years’ relevant work experience, with at least three (3) years at the grade of Senior Credit Officer or in a comparable position.
• Bachelor’s degree in Banking, Finance, Economics, Commerce, Business Administration, Real Estate, or an equivalent qualification from a recognized institution.
• Membership in a relevant professional body and in good standing.
• Completion of a management course lasting at least four (4) weeks from a recognized institution.
• Proficiency in computer applications.
• Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.