Posts
JOB REF: CRD1.0
RANK: General
Manager
REPORTS TO:
Executive Director, Operations Division
AGE: Above 33
years, but not exceeding age 45 (both posts).
Deadline: Friday,
26th April, 2013
SALARY AND BENEFITS
: VERY ATTRACTIVE
JOB PURPOSE:
To Oversee the Credit department sections which include
Credit Evaluation, Credit Operations and Monitoring and Recovery in order for
the Bank to book quality loans with minimum defaults in accordance with the
Bank’s Credit Policy.
6. KEY
RESPONSIBILITIES:
6.1 To provide oversight for the Credit Department as
regards set policies, operational and HR matters.
6.2 To plan, set goals and budget forecasts for the Credit
Department in consultation with the Executive Director, Operations.
6.3 To initiate Credit Policy Changes and reviews in
conformity with the prevailing market and economic conditions and in line with
good banking practices.
6.4 To review, appraise and/or approve loan facilities as
provided for and in accordance with the Credit Policy as approved by the Board
of Directors
6.5 To manage the recovery of delinquent credit facilities
in liaison with legal Department in the event of foreclosure.
6.6 Ensure fees and penalties applied have been effected.
6.7 To ensure operational efficiency of Credit Department in
order to keep within the Bank’s set policies and guidelines.
6.8 Ensure efficient turnaround time for all loan
applications according to agreed targets and Service Level Agreements (SLA’s).
6.9 To ensure that the Credit function is performed in
accordance with the Financial Institution Act 2004 and the Bank’s Credit
Policy.
6.10 Research, analyze, and propose sector exposures and
limits taking account of the prevailing and forecast economic and financial
conditions.
6.11 Provide accurate reporting to management and the board
in order that decisions are taken with account of risks involved.
6.12 Ensure the integrity of the credit evaluation process
with regard to the approved risk grading model.
6.13 Ensure the Bank acts as a responsible corporate
institution with regard to the environment and corporate social responsibility
standards.
6.14 Continually review Sectoral ceilings, discretionary
authorities, portfolio measures, including industry limits, tenor limits, risk
rating, NPLs, risk acceptance criteria security acceptance and credit risk
matrices.
6.15 Ensuring that provisioning policies are in line with
the Bank’s Credit Policy Document, comply with Banking Act and Prudential Guideline
provisions and co-ordinate with Finance Department to ensure appropriate
provisions and interest suspensions are effected in the Bank’s accounting
systems.
6.16 Management of the Credit Appraisal system, ensuring
that appropriate reviews of Credit proposals are undertaken on a timely basis.
6.17 Ensure continued maintenance of a quality portfolio in
line with Bank’s standards as stipulated in policy guidelines.
6.18 Implementation of new and effective dimensions on
portfolio risk management especially in line with Bank’s growth strategy.
6.19 Implementation of automated processes to minimize
manual interventions thereby increasing efficiencies in delivery of credit
products at both personal and corporate lending levels.
6.20 Provide ongoing relevant training to all bank staff
involved in lending business to address identified skill gaps by transferring
skills through job training, coaching, mentoring and ensure harmony among the
team to improve performance.
6.21 Identification and management of the sub standard and
non performing assets portfolio of the Bank in line with the Credit Policy
Document and recommend action to EXCO and the Board, which minimize losses and
facilitate full recovery of any exposure taken by the bank.
6.22 Initiate review of industry and sector economic
analysis and compile statistical information including macro-economic
information, indices and provide feedback to the Senior Management Team, EXCO
and the Board on the possible impact of identified trends.
6.23 Provide technical support to the Executive Committee on
the management of the Bank’s credit portfolio and the review and approval
process for credit proposals.
6.24 Management of the credit administration aspects of the
portfolio, including ensuring that all requisite security documentations are in
place prior to disbursements.
6.25 Organize, manage and motivate the available human
capital within Credit Risk Management Department through establishment of
suitable organization structure and implementing development programmes to
optimize competence and productivity.
6.26 To perform any other duties assigned by management to
achieve the Bank’s objectives.
6.27 Review and maintain business continuity through robust
succession plan for the department for smooth flow of business operations and
ensure cover in the face of unplanned interruptions, losses or absence of
staff.
6.28 Monitor the performance of the team through periodic
performance reviews and ensure that staff are performing to expectation,
according to agreed targets and identity and address areas of improvement.
6.29 Evaluation and implement appropriate remedial
strategies such as restructuring of loan facility, enhancement in credit limits
or reduction in interest rates to help to help improve obligor’s repayment
capacity and avoid litigation.
7. PERSON
SPECIFICATIONS
7.1 Qualifications
University degree preferably in Accounting, Finance or
Management
Associate of Chartered Institute of Bankers (or equivalent)
7.2 Experience
·
A minimum of five (5) years experience in Credit
Risk Management
·
A minimum of five (5) years experience in
General Management
·
A minimum of three (3) years Banking experience
7.3 Relevant skills
·
Proficiency in Computer packages (incl. EXCEL
and WORD)
·
Communication
skills
·
Basic Legal knowledge
·
Financial Risk Analysis skills
·
Analytical, problem solving and decision making
skills
·
Leadership skills
Hand written applications must be accompanied by, a detailed
curriculum vitae; copies of academic qualifications and professional training documents/certificates;
names and addresses of three (3) referees.
Applications should reach NOT later than Friday, 26th April,
2013 and be addressed to:
Head Human Resource & Administration Department,
Housing Finance Bank,
Plot 4 Wampewo Avenue, Kololo,
P. O. Box 1539,
KAMPALA.
