Manager - Credit Operations Unit Job Vacancy at DFCU Bank

Duties and Responsibilities: 

• Constantly drive service quality measures and benchmarks within Credit Operations by developing and stepping up seamless process flows and controls, enhance automation to ensure smooth running of Credit Operations to meet company objectives and values; and minimize losses and reputational issues.
• Authorize draw down of sanctioned facilities ensuring that all credits are in compliance with conditions precedent like insurance placed, payment of fees, security perfection so as to manage risk and minimize losses.
• Regularly report on all exceptions on non-compliance with standard controls; risks and losses to senior management to ensure remedial measures are taken immediately and recoveries done to minimize losses.
• Ensure that collateral being held as security is perfected and enforceable in case of default relative to the borrower’s current circumstances so as to mitigate risk. Ensure adequate credit securities management.
• Approve release of securities for paid off loans so as to mitigate any risks of fraud and losses.
• Organize, develop and manage a team of 12 people by coaching, training and mentoring for effective business continuity and succession plans.
• Ensure reconciliation of the legal fees, Guarantees, Cash Collateral fees and Insurance accounts is done on a monthly basis to avoid fraud and loss to the Bank.
• The incumbent will also ensure realization of targets set in Service Level Agreements with internal stakeholders and external preferred service providers.
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Qualifications, Skills and Experience: 

• The ideal candidate should have at least three years’ management experience in the area of Credit Operations.
• Strong leadership style, excellent managerial, interpersonal and organizational skills.
• Excellent problem solving, decision making skills and results oriented.
• Previous exposure and experience in (credit operations) process redesign and implementation.
• Excellent communication skills, written and verbal skills.
• Working knowledge of regulatory compliance – Credit Policy, IFRS, FIA, CRB, AML and KYC.
• Demonstrated ability to motivate and train staff, including organizing, prioritizing and scheduling work assignments.

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How to Apply:

All candidates who so wish to join the banking sector in the aforementioned capacity are encouraged to send their applications with detailed CVs including present position and copies of relevant professional/academic certificates to: Vacanciesbank@dfcugroup.com

Deadline:17^th March, 2016