Officer – Credit Administration at Commercial International Bank (CIB) Kenya

Job Purpose

Support the creation of high-quality credit risk assets for the bank while minimizing non-performing loans and enhancing financial performance through profitable credit risk asset development. Work closely with Relationship Managers in credit origination to play a vital role in deal structuring and add value from a credit and policy perspective.

Key Responsibilities

Financial Responsibilities

• Ensure all conditions precedent for credit facilities are met and obtain necessary deferrals/waivers from the Management Credit Committee prior to approval by the Head of Credit and Head of Legal for disbursement
• Monitor post-disbursement compliance with approved terms and conditions, including assignment of rights, credit expiry reviews, and progress payment insurance
• Monitor all irregularities, past dues, and documentation deficiencies; report findings to Management
• Ensure recovery of items pledged as security on delinquent loans
• Monitor and report to the Departmental Head on loan portfolio asset quality, including delinquencies, nonaccruals, loan concentrations, and profitability analyses
• Conduct post-approval assessment of credit facilities and initiate appropriate follow-up actions
• Review facility and overdraft excesses, and non-facility overdrafts through daily IT reports to ensure proper authorization and prevent unauthorized credit extension
• Seek necessary approvals for account excesses

Customer Responsibilities

• Work with Relationship Managers on assigned portfolios to facilitate revenue growth
• Advise all applicants of application outcomes within reasonable timeframes
• Review all Letters of Offer and other correspondence prepared by Credit Administration Assistants