Careers at Co-operative Bank of Kenya

The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeti...

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• Contents
• Open Jobs
  1. Portfolio Management Officer
  2. Corporate Credit Analyst
  3. Head – Corporate Credit Risk Analysis
• Method of Application

• Job TypeFull Time
• QualificationBA/BSc/HND
• Experience3 years
• LocationNairobi
• Job FieldBanking&nbsp

The Role

 Specifically, the successful jobholder will be required to:

• Ensure accurate preparation and timely submission of all statutory reports
• Ensure Reclassification of Loan portfolio book as per Prudential Guidelines.
• Ensure external questionnaire by CBK, KBA and DFI’s are returned on time.
• Review changes to data values and meanings.
• Review data model, architectures and specifications.
• Assess and determine whether business applications meet data requirements.
• Facilitate the resolution of data issues. Then communicate and promote the value of data.
• Ensure compliance by frequent review of provision requirement for loans
• Advise the finance department on Provision requirements on the impaired loan
• update & recalibrate IFRS9 model computation of ECL, as well as run & configure the EIR model.
• Dealing with the Bank External Lenders regarding Credit issues
• Handle external lenders and ensure compliance on Covenants and reports
• Monitor repayment schedules, rates, follow-up on rebates
• Follow-up & ensure all recommendations with regards to credit review is implemented
• Carry out data analysis as requested by the Lenders
• Notify, implement & monitor prevailing variable base rates: e.g. CBR as per changes / Base lending rate
• Forensic reconciliation of accounts to ensure nil over/under charge of interest.
• Design and develop risk grading methodologies for MSME and Personal loans for use in risk-based pricing.
• Revenue assurance.
• Advise finance on monthly manual schedule interest
• Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per the relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.

Skills, Competencies and Experience

 The successful candidate will be required to have the following skills and competencies:

• A bachelor’s degree in business related field from a recognized University with at least three years working experience.
• Advanced Computer skills especially in Microsoft Office Applications as well as analytical skills.
• Thorough understanding of The Credit Policy and Prudential Guidelines
• Business Development skills and Understanding of the core banking system preferably Finacle system
• Excellent in IFRS 9 and Loan portfolio reporting
• Personal organization and thoroughness coupled with the ability to work under minimum supervision with good Judgment and decision-making skills.

• Job TypeFull Time
• QualificationBA/BSc/HND
• Experience7 years
• LocationNairobi
• Job FieldFinance / Accounting / Audit&nbsp

The role

The successful jobholder will be expected to:

• Analysis of credit proposals from business units and make a decision on the same day.
• Recommend appropriate credit decisions to Credit approvers for final decision.
• Escalate unusual issues or issues raising concern to the Head – Corporate Credit Risk Analysis Department.
• Keep up to date records of all cases received, analyzed and decisions by prompt update of tracker.
• Advise Credit Administration Department/ business unit of decisions same day.
• Keep abreast with economic, industry and business trends to facilitate quality analysis of credit applications.
• Document issues identified as causes of weak appraisals from business units – both policy and procedure.
• Train business units credit staff on credit analysis procedures
• Ensure all lending proposals are within the bank’s credit policy & lending guidelines and escalate any exceptions
• Ensure any policy breaches are properly authorized at the correct level.
• Highlight to Head – Corporate Credit Analysis Department any necessary changes to the Bank’s credit policy and procedures.
• Provide timely and clear responses to the various business units as per the agreed SLAs.
• Strict adherence to all regulations, statutes, standards, practices and all internal processes and procedures as per the   relevant manuals and comply with all relevant external legislation and regulations with regard to Compliance requirements.
• Ensure that all risk management requirements within your remit are addressed and where necessary escalated through the defined available channels.

Qualifications, Skills & Attributes

The successful jobholder will be required to possess the following qualifications: –

• A university degree in a Business-Related field from a recognized university with at least 7 years banking experience 5 of which in Corporate Credit Risk underwriting or Corporate Credit origination
• A thorough knowledge of the Banking Act, the Bank’s credit policy, Prudential guidelines, Environmental and Social Risk Management and lending guidelines with good understanding of related products and services Plus Credit & Financial analytical skills.
• Ability to identify, analyze, condense and articulate complicated ideas and findings briefly and clearly.
• Excellent Credit risk underwriting skills
• A good knowledge of business trends and the business environment.
• A general awareness of the Bank’s vision and focus especially in relation to Business Development & management of risks

• Job TypeFull Time
• QualificationBA/BSc/HND
• Experience7 years
• LocationNairobi
• Job FieldFinance / Accounting / Audit&nbsp

The Role

Specifically, the successful jobholder will be required to:

• Provide oversight of all analysis and approval of credit proposals from all Lending Units, Treasury, and any other department/unit that will expose the Bank to credit risk in its daily activities as well as oversee the review of Bank, Insurance companies and other treasury limits annually when required.
• Ensure that all appraisal decisions meet the agreed SLA and quality standards and escalate any adverse observations to the Director-CMD
• Ensure compliance to Bank Loan policies, lending guidelines and Government regulations in collaboration with the lending units and other departments within CMD as well as coordinate the Environment and Social risk management, policy implementation, reporting and capacity building.
• Work closely with the Director – CMD to maintain appropriate credit risk management culture
• Attend all credit committee meetings as scheduled or agreed and provide timely and organized responses to internal customer proposals and escalate any complex internal customer issues to the Director – CMD and other relevant authorities accordingly.
• Manage all staff of the department and ensure they are adequately resourced and well-skilled to perform their roles.
• Maintain and develop professional and technical knowledge by attending and contributing to training programs, educational workshops, reviewing professional publications, establishing personal networks and participating in professional structures & studies.

Desired Skills and Experience

• A Bachelor’s degree in a Business-related field from a recognized university with a Certification in Credit management or Analysis.
• At least 7 years’ experience in Credit Analysis 5 of which must be in a Senior/Management role within Corporate Credit Risk Analysis.
• Good knowledge of the Banking Act, Bank Operating procedures as well as business trends and thorough knowledge of CBK Lending guidelines
• Excellent Communication, Presentation and report writing skills
• Excellent Credit Risk underwriting, Complex Credit structures, Financial Institution Risk analytics skills and Treasury Credit solutions.
• Superior leadership, management and co-ordination skills with the ability to influence positively and engage direct and indirect reports and peers.
• Customer focused & results oriented.

Method of Application

Use the link(s) below to apply on company website.