Credit Monitoring & Reporting Officer at Old Mutual

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  • Company: Old Mutual
  • Location: Kenya
  • State: Nairobi
  • Job type: Full-Time
  • Job category: Policy/Monitoring Jobs in Kenya

Contribute to the overall risk management strategy of maintaining/ reducing the level of risk as business expands.

Qualifications 

  • Bachelor’s degree in a business or finance related field.
  • 3 years’ experience in all aspects of lending i.e. risk assessment, monitoring and control of loans
  • Loan documentation and securities.
  • Advanced knowledge in data analytics, MS-Excel.

Responsibilities

  • To ensure loan schedules are correctly computed and set up in the core banking system (Principal & Interest)
  • To ensure the IFRS 9 runs are conducted on a monthly basis
  • To ensure the written contracts are maintained in the system
  • To ensure daily recovery reports are available
  • To ensure Loan Risk Classification is correct as per Central Bank’s prudential guidelines
  • To undertake detailed portfolio analysis and identify early warning signs so as to inform decisions
  • To undertake scenario & Sensitivity Analysis to assess impact of undesirable macro-economic and other industry effects on loan portfolio and advise management
  • To ensure loan portfolio recovery Process complies with Credit Policy and relevant regulation
  • To undertake data clean up and ensure various employers are mapped correctly as per MOUs, correct portfolio relationship officer responsibility mapping
  • To monitor portfolio sector Limits and advise management on trends
  • To prepare in a timely manner all credit department reports which includes Old Mutual Group reports
  • To undertake product set up reviews in the core banking system as per the approved fact sheet and assurance of other core system functionalities
  • To participate in all internal and external credit audit exercises, track and monitor audit recommendations to ensure closure
  • Monitor, on a continuous basis, all transactions to ensure that unusual and suspicious transactions are reported to the Money Laundering Reporting Officer (MLRO)
  • Implementing and enforcing the board approved AML, KYC & CFT policy in as far as is applicable within area of responsibility

How to Apply

Click Here To Apply

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