Credit Origination Manager – National Development Bank

Job Description

ROLE ACTIVITIES

Team Leadership and Management:

• Lead and manage a team of credit analysts providing guidance, training, and support to ensure high performance.
• Allocate resources effectively to ensure timely processing of credit applications.
• Work closely with Business Development Team on loan originations and verify loan annual reviews

Credit Assessment and Approval:

• Oversee the assessment of credit applications, ensuring thorough analysis of financial statements, credit history, and risk factors.
• Review and approve credit applications within delegated authority levels or escalate to higher authorities as needed.
•  Ensure all credit decisions are made in compliance with internal policies and regulatory requirements.

Policy and Process Management:

• Develop, implement, and maintain credit origination policies and procedures to ensure consistency, efficiency, and compliance.
• Continuously review and improve the credit origination process to enhance efficiency, reduce turnaround times, and improve client experience.

Risk Management:

• Monitor and manage credit risk within the origination process, ensuring that the credit portfolio is aligned with the institution’s risk appetite.
• Implement risk mitigation strategies, such as collateral management and loan structuring, to minimize potential losses.

Stakeholder Engagement:

• Collaborate with other departments, including risk management, legal, and sales, to ensure a smooth credit origination process.
• Communicate with clients to discuss credit decisions, provide explanations, and negotiate terms as needed.

Reporting and Compliance:

• Prepare and present regular reports on credit origination activities, including key performance indicators (KPIs), credit quality metrics, and risk assessments, to senior management.
• Ensure that all credit origination activities are compliant with regulatory requirements and internal policies.

Client Relationship Management:

• Maintain strong relationships with key clients, understanding their financial needs and providing tailored credit solutions.
• Work closely with the sales team to support business development initiatives through effective credit origination.

Product Development and Innovation:

• Collaborate with product development teams to design and enhance credit products for the agricultural sector, ensuring they meet client needs and align with risk management principles.
• Provide input on pricing strategies, loan terms, and product features based on credit risk analysis and market conditions.

Risk Mitigation and Policy Development:

• Develop and implement risk mitigation strategies, including collateral management, loan structuring, and monitoring practices specific to agricultural lending.
• Assist in the formulation and review of credit policies and procedures related to ensure they are robust and aligned with the Banks risk appetite.

Portfolio Management and Monitoring:

• Monitor the performance of the Bank’s loan portfolio, identifying emerging risks and trends.
• Conduct regular portfolio reviews and stress testing to assess the impact of market conditions on credit risk exposure.
• Recommend corrective actions or adjustments to lending strategies to minimize risk.

QUALIFICATIONS & EXPERIENCE

• A bachelor’s degree in finance, business, accounting, economics, or related field;
• A master’s degree in finance, business administration (MBA), or a related field is highly preferred;
• 7 years of experience in credit risk management, with a focus on credit origination/ evaluation and underwriting.
• Proven track record in leading and managing a credit analysts team in a financial institution.
• Experience in developing and implementing credit policies, procedures, and risk management strategies.
• Strong background in working with various types of credit products, across commercial.
• Agric lending will be an added advantage.

Closing date: 31 December 2024

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