Summary
Date Posted: Tuesday, May 14 2024, Base Salary: Not Disclosed

JOB DETAILS:
SBM Bank Kenya is a leading and trusted financial institution with an international footprint, headquartered in Mauritius and positioned to offer an unprecedented banking experience in Kenya to niche Retail, SME and corporate clients. Following approval by the Central Bank of Kenya, the bank started its operations in Kenya in May 2017 and currently ........

JOB SUMMARY:
The Job Holder is responsible for the preparation of Loan facility Contract documents – The Letter of Offer and ensuring that all terms and conditions are accurately, captured on the Letter of Offer as per the approval prior to execution.

KEY RESPONSIBILITIES:
• Obtain notifications of Approvals by checking Credit Quest for Approvals granted for lower limit approvals;
• Obtain notifications of approvals from the Credit Approvals team for Management and Board Credit Committee’s approvals
• Confirm that the approvals are authentic and have been granted within the approved delegated authority limits;
• Read through the approvals to understand the context before embarking on the preparation of the letters of offer to clients
• Have the letters of offer signed by Bank signatories and prepare supporting documents;
• Liaise with the branches and Relationship Managers for any pending issues or clarifications
• Dispatch hard copies of the Letters of Offer to the various branches and Relationship Managers
• Transmit via email the supporting documents for the Letters of offer
• Maintain a database of the letters of offer issued
• Updating the Letters of offer register on return of the Letters from Branches and relationship managers

KEY RELATIONSHIPS:
Key Customers to this Position
• SBM Branches
• All Bank Departments

KEY QUALIFICATIONS AND COMPETENCIES:
• Bachelor’s degree in Business, Social Sciences or a related field from a recognized university is a requirement.
• Minimum of 2 years’ experience in Credit operations, within the credit risk section of a medium to large sized bank.
• Knowledge of Bank/Customer relationship and the nature of contracts between different categories of persons;
• A good appreciation and interpretation of Commercial contracts
• Report writing skills and experience.
• Strong analytical and problem solving skills.



Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure

Method of Application
Interested and qualified? Go to SBM Bank on www.sbmbank.co.ke to apply



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