Credit and Risk Officer at Mkobo Microfinance Bank Limited (Mkobobank)

Description

• The primary purpose of this position centres on ensuring the Bank’s risks are properly monitored and managed. The individual will also be responsible for the development and implementation of systems, policies and procedures aimed at mitigating identified risks, including devising strategies or programs in order to find appropriate balance in all forms of credit and operational risks while also ensuring regulatory compliance. The position covers the following areas; ∙ Risk Management (credit and non-credit risk) ∙ AML (Anti Money Laundering) ∙ Enterprise Risk Management ∙ Fraud Prevention and detection ∙ Business Continuity

Responsibilities

• Work with Unit Head in Planning, designing implementing and managing the overall risk management process for the bank.
• Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process
• Developing methods to generate a robust system to identify, monitor, manage and control credit, market and operational risks.
• Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of risk.
• Ensures proper documentation of credits by adhering to set documentation standards and procedures
• Review and analyse the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure
• Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis

Requirements

• BSc in Accounts, Finance, Economics or related subjects.
• Minimum of two (2) years’ experience in a similar role at a MFB or Financial institution
• Awareness of emerging and innovative credit risk assessment specifically social scoring, alternative credit scoring and big data analytics tools.