Credit Manager, Corporate Dfcu Bank

JOB PURPOSE:
Reporting to the Head of Corporate Credit, the role holder will be responsible for evaluating and approving applications within delegated approval authority, as well as recommending for approval to a higher sanctioning authority deals that are outside their discretion. To ensure profitable and well-structured proposals are booked to achieve the targeted business growth but minimize credit losses by lending within bank risk appetite and regulatory guidelines.
LOCATION: Kampala

KEY ACCOUNTABILITIES:
• Review and sanction all proposals (new & existing) within personal discretion in adherence with dfcu’s internal Credit Policies, and other required regulations including BOU, FIA, and funders.
• Assessment and recommendation of files outside their discretion to the higher sanctioning authority including the Head of Corporate Credit, Chief Credit Officer, Management Credit Committee and the Board Credit Committee in a bid to achieve the bank’s disbursement targets of quality deals.
• Analyse current credit data, and financial statements of corporate/ large individual & Business Banking borrowers to determine the degree of risk involved in extending credit; and also determine expected profitability of loans, as well as preparing reports justifying the decision made.
• Organise the maintenance and updating of bank Credit Policies and procedures per bank/ industry trends, evolving regulations and legal requirements. As well as its implementation to ensure compliance.
• Provide support in structuring proposals to minimise risk and ensure full repayment. Timely response on sanctioning of deals and excesses within agreed Service Level Agreements (SLA).
• Train and coach the Credit Analysts as well as Relationship Managers in credit assessment/ analysis, deal structure, policies and procedures. Conduct road shows on credit underwriting criteria for staff in the Credit value chain to uphold the quality of deals booked.
• Responsibility for personal adherence to governance, compliance and lending portfolio controls thus ensuring own conformance to policy and procedures within the Credit Function, including proactive management of agreed responsibilities for Data Integrity.

Review and adhere to service level agreements between sales and credit annually to maintain service delivery in line with/ ahead of competition.
• Monitor the overall quality of the Corporate and Institutional Banking portfolio, through participation in governance meetings.

KNOWLEDGE, SKILLS, AND EXPERIENCE REQUIRED:
• Bachelor’s Degree with bias in any of the following areas: Finance, Banking, Economics, Business Administration and a Master’s degree or similar qualification in these fields.
• Additional training/professional qualification in Business, Investment and project appraisal, Risk management, and financial analysis.
• Credit certification.
• Minimum of five (5) years experience in a business or Banking/financial services environment with at least three (3) in Credit Risk Management /Sanctioning.
• Analytical and problem-solving skills.
• Good communication skills (both oral and written) to allow for effective teamwork and interaction with all levels of staff.
• Computer knowledge (Microsoft desktop products).
• Basic legal skills.
• Managerial and team building skills.
• Ability to work without supervision, driven enough to achieve set targets.
• Understating of SMEs and Corporates and the general business environment.
• Thorough understanding of dfcu credit policy, FIA, and BOU guidelines on asset quality.
• Knowledge and understanding of dfcu product offering.
• Awareness of current economic/market trends.