15 Sep 2014

Credit Manager Job Vacancy

FEP Holdings Limited is one of the fastest growing group of companies in Kenya with investments in Financial Services, Hotels, Schools, Real Estate and Media among others.

Fountain Micro-Finance Bank, an associate of FEP Holdings Limited is seeking to recruit suitable candidates for the following position:

Credit Manager

Job Summary:
Responsible for managing the Bank’s credit function efficiently and effectively in order to ensure profitability, maintain a quality loan book and ensure that the Bank is not exposed to credit risk.

Key Responsibilities

  • Develop and implement of the Bank’s credit strategy.
  • Formulate and implement the Bank’s credit policy.
  • Conduct regular reviews of the credit policy to ensure its relevance to business requirements and CBK and statutory regulations.
  • Ensure compliance with the Bank’s credit policies and procedures.
  • Ensure that customers’ financing needs for working capital and capital expenditure are addressed appropriately and profitably through the offer of suitable credit products.
  • Formulate and optimize credit scoring strategies in various business areas.
  • Manage credit risk though regular analysis and evaluation;
  • Make recommendations and develop techniques and strategies to manage, control and mitigate risk.
  • Liaise with the Credit Reference Bureau on prospects/ commitment clients and report the under performing loans to ensure non- migration of bad assets within the industry.
  • Carry out credit appraisals to vet all credit proposals from branches and other lines of business.

Minimum Qualifications and Experience

  • A Bachelors Degree in Business, Finance or related field.
  • A minimum of 5 year’s experience in a credit function in a senior managerial level within a bank, financial institution or other service oriented organisation.
  • Good understanding of credit processes, lending and customer care.
  • Knowledge and understanding of the Banking Act and Central Bank of Kenya (CBK) clearing procedures and prudential guidelines.
  • The position requires a candidate with strong organizational and interpersonal skills with the ability to prioritise, multi-task and work under pressure amidst competing demands.

How to Apply
Interested candidates who meet the above required qualifications and experience should email their application letters, detailed CV listing three professional references and your 24 hours telephone contact to: on or before Friday, September 19, 2014.

Only shortlisted candidates will be contacted for interviews.

FEP Holdings Limited is an equal opportunity employer, any lobbying or canvassing will lead to automatic disqualification.

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