Credit Portfolio Manager Job Absa Bank

Banking Jobs, Absa Bank Jobs. Responsible for managing the bank’s credit portfolio, monitoring credit risk and loan performance, assessing borrowers’ creditworthiness, reviewing portfolio quality, identifying potential defaults, developing strategies to reduce non-performing loans, ensuring compliance with credit policies and regulatory requirements, preparing portfolio performance reports, and recommending improvements to credit management processes. Requires a Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field. The position is based in Nairobi and requires on-site work.

Key Responsibilities

Accountability: Credit Risk Management – 40%

• In collaboration with the business counterparts, develop, implement and maintain credit risk strategies
• Ensure the highest standards of credit quality through the sanctioning, sampling and application of best practice to credit proposals, and maintenance of these standards throughout the Credit Teams.
• Review and Implementation of credit policy and processes.  Feed into business and credit policy development.
• Ensure adherence to Lending discretions with appropriate delegation to the Retail Credit and Credit Operations Team.
• Exercise personal judgment and discretion in the evaluation and approval/decline of credit proposals.
• Responsibility for personal & team adherence to governance, compliance and lending portfolio controls. Ensuring audit outcomes are satisfactory backed by conformance to policy and procedures including proactive management of agreed responsibilities for Data Integrity.
• Maintain interactive relationship with relevant ARO/Group Risk/Business/Operations/Conformance Teams.
• Challenge pricing and profitability models in order to maximize value. Ultimate sign off at customer level remains with Business.
• Design, implement and maintain generic strategies for appropriate remedial action on poorly performing accounts in the portfolio

Accountability: Business Risk Partnership & Stakeholder Management – 40%   

• Work in partnership with the Head of Retail and Business Banking Credit to ensure that the credit team proactively anticipates & responds to (and seek to exceed) the expectations of customers. Always looking to add value.
• Develop a strong Risk/CODO/Retail Business partnerships
• Represent Retail Credit Risk in forums where Credit Risk is directly or indirectly impacted.

Accountability: Leadership – 20%

• Be part of a highly motivated team maintaining excellent relationships within own team and wider business to ensure achievement of business goals.
• Consider the training and development needs of the team and support the development and implementation of solutions.
• Act as a role model and drive proactive application of Absa behaviours throughout the team including establishment of common goals and objectives.
• Ensure effective performance development and succession planning for the team.

Qualifications

• Business Degree in mathematical finance, actuarial science, economics, statistics
• Comprehensive technical credit skills
• General commercial/industry awareness
• Working knowledge of risk management policies, procedures & pricing

Experience

• Working knowledge of Group policies and strategies relative to the credit function
• Product knowledge
• Detailed understanding / fit of the vision for Risk
• Working knowledge of local country structure and strategy
• Leadership and performance development of a team
• Managing risk and reward

Knowledge and Skills

• Leadership
• People management and coaching
• Communications (written and oral) and presentations
• Effective negotiation and influencing
• Delegation
• Influencing

How to Apply

Click here to apply