Credit Risk Officer at Yehu Microfinance Services Limited

Key Specific Responsibilities

The Credit Risk Officer shall be mandated in collaboration with the HCRM to initiate proactive and sustainable risk business operations models through:

• Compliance of the institutional policies and procedures, and utilization of appropriate designed tools and instruments within the accepted standards as well as time to time guidelines from Management for sustainable business growth both in quality and quantity.
• Maintaining a sustainable healthy loan portfolio with a PAR (>30 Days) of utmost 2 per cent through institutionalization of delinquency management practices both at preventive and curative levels but with emphasis on preventive measures in the first instance.
• Determine whether all employees of Yehu Microfinance Services Ltd easily and clearly understand and adhere to the credit policies and procedures of the Company.
• Providing the organization with advice on any potential risks to the profitability or existence of the company as a going concern.
• Identifying and evaluating threats, and developing alternative courses of actions to avoid, reduce, or transfer risks.
• Undertake building of financial models that predict credit risk exposure of the organization.
• Conducting credit analysis and credit review to prevent poor lending decisions and protect company investments.
• Ensuring that effective processes are in place for:
  • Identifying current and emerging risks;

1. Developing risk assessment and measurement systems;
   1. Establishing policies, practices and other control mechanisms to manage risks;
   1. Developing risk tolerance limits for Senior Management and board approval;
   1. Monitoring positions against approved risk tolerance limits; and
   1. Reporting results of risk monitoring to Senior Management and the board.
2. Ensure that operational policies and protocol set in place by the organization work to achieve the prescribed vision and mission.
3. Continually develop your Credit Risk skill set through formal and informal training and to seek appropriate professional certification.

Key Qualifications

• Education minimum: Undergraduate degree in Business Administration, Banking or Finance from a recognized University or a professional qualification in Banking or Credit
• Exposure in supervision role in similar profession – Risk Management for at least 2 years.
• Evidence in influencing Quality portfolio growth through effectively deployment of delinquency management practices.
• Ability to undertake risk capacity appraisals among staff and deploy appropriate interventions for value addition and result based performance management
• Experience of more than 4 years in Credit management of a financial institution.
• Demonstrated experience in potential Credit risk identification, evaluation and mitigation
• Confidence & persistence: having confidence in own knowledge and skills i.e.    understanding of enterprise-wide risk management and emerging risk issues orientation.
• Strong interest in and awareness of approaches to service delivery in the field of social impact investing
• Excellent interpersonal skills – able to align all stakeholders to risk consciousness focus and the clarity on the function’s role in influencing staff and organizational productivity.
• Excellent communication skills- Able to read reports, assess the likelihood of the commitments made being executed, suggest interventions that will lead conversations/ feedbacks towards the desired result.
• Proficiency with Microsoft Office products required; strong working knowledge of Microsoft Access & Excel among other data analysis tools is preferred.
• Ability to plan maintains focus and positive attitude during high volume of work while multi-tasking with changing priorities.
• Self-motivated, efficient worker with high standards for quality of processes and results who can work independently.
• Quick learner that is methodical and analytical who possesses excellent organizational skills.
• Intrinsic desire to seek solutions, achieve results and complete tasks