Credit Quality Assurance & compliance Officer job at Old Mutual Kenya
Website :
591 Days Ago
Linkedid Twitter Share on facebook

Vacancy title:
Credit Quality Assurance & compliance Officer

[ Type: FULL TIME , Industry: Banking , Category: Business Operations ]

Jobs at:

Old Mutual Kenya

Deadline of this Job:
16 February 2023  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Monday, February 06, 2023 , Base Salary: Not Disclosed

Similar Jobs in Kenya
Learn more about Old Mutual Kenya
Old Mutual Kenya jobs in Kenya

JOB DETAILS:

Job Description
Working closely with the Manager - Credit Quality Assurance and compliance, he /she will ensure compliance with internal credit policies and procedures, best practices and CBK prudential guidelines to facilitate management of credit risks within tolerable levels. The Job holder will ensure that ALL loans approved by credit committees follow the laid down procedures, are complete in all material aspects and safeguard the institution from losses that may emanate from acts of negligence.
Responsible for credit assessment & releasing government guarantees including the following tasks: Sends applications to clients for the purposes of applying for further /new finance. Prepares loan applications. Follows up of outstanding documentation/ information required for assessment purposes. Receives new loan / 2nd bond/ readvance applications. Writes up register. Assesses applications for the purpose of approval/ decline in terms of the lending policy. Assesses re-advances together with correspondence for the release of government guarantees. Interacts with clients re queries. Assesses requests for reductions in interest rates. Assesses requests for Substitution of Debtors under bonds. Prepares monthly statistics for the monthly management report. Responsible for security management / registrations. This includes the following tasks: Sends instructions to the applicable Attorney with the required conditions. Interacts generally with attorneys. Follows up on outstanding registrations. Proceeds with required payments and correspondence when approved.

Education
• Business degree
• CPA 2

Experience
• 2years experience in credit administration/documentation
• Proficiency in T24 core banking system is an added advantage.

Personal Attributes
• Capacity and willingness to work for long hours and within strict deadlines
• Excellent interpersonal skills
• High degree of confidentiality
• Analytical mind.
• Knowledgeable on the Financial services sector
• Assertive
• Fast in decision making
• Honest
• Highly organized
• Creative and Innovative
• Good team player & proactive

Physical demands
• Physically fit and versatile and able to work on a computer for long hours

Work Hours: 8


Experience in Months: 24

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply


All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Banking/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 16 February 2023
Duty Station: Nairobi
Posted: 06-02-2023
No of Jobs: 1
Start Publishing: 06-02-2023
Stop Publishing (Put date of 2030): 06-02-2067
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.