HEAD OF CREDIT AND RISK

AI summary

Head of Credit and Risk at Phoenix Capital Limited in Nairobi. Responsible for credit approval, enterprise risk management, policy governance, portfolio quality, collateral management, branch oversight, and risk analytics. Requires Bachelor's degree, 5 years experience, mid-level.

• Manage credit approval and lending oversight for branch offices
• Develop and implement credit risk management framework
• Monitor portfolio quality and produce risk reports

Description

Find a Job + + + + Search HEAD OF CREDIT AND RISK Phoenix Capital Limited Accounting, Auditing & Finance 3 weeks ago Easy apply New Nairobi Full Time Banking, Finance & Insurance Confidential Share link Share on WhatsApp Share on LinkedIn Share on Facebook Share on Twitter Share via SMS Job summary Your primary responsibility is to assess and manage the credit risk associated with lending money to individuals, businesses, or other entities. Min Qualification: Bachelors Experience Level: Mid level Experience Length: 5 years Language Requirement: English Working Hours: Full Time - 8 to 5 Applicant Location: Nairobi, Kenya Job descriptions & requirements Key Duties and Responsibilities 1. Credit Approval & Lending Oversight ➢ Review, analyze, and approve or decline all credit applications submitted by branch offices in accordance with the Company's Credit Policy and Lending Matrix. ➢ Conduct comprehensive assessments of borrowers' financial capacity, repayment ability, collateral adequacy, and overall creditworthiness. ➢ Ensure all required documentation is complete, authentic, and compliant before loan disbursement. ➢ Decline loan applications that fall outside the Company's risk appetite and provide documented reasons and recommendations where applicable. ➢ Exercise sound credit judgment while balancing portfolio growth with prudent risk management. 2. Enterprise Risk Management ➢ Develop, implement, and continuously improve the Company's Credit Risk Management Framework. ➢ Identify, assess, monitor, and mitigate credit, operational, collateral, fraud, and portfolio risks across the organization. ➢ Recommend risk mitigation strategies to Management and ensure effective implementation. ➢ Establish risk tolerance levels and monitor adherence across all branches. 3. Credit Policy & Governance ➢ Develop, review, and recommend improvements to credit policies, lending procedures, and risk management guidelines. ➢ Ensure consistent application of credit policies throughout all branches. ➢ Review and update the Company's Lending Matrix periodically to reflect market conditions and portfolio performance. ➢ Recommend policy amendments based on emerging risks and business needs. 4. Portfolio Quality Management ➢ Monitor the overall quality and performance of the Company's loan portfolio. ➢ Analyze portfolio trends, delinquency ratios, non-performing loans (NPLs), concentration risks, and portfolio exposures. ➢ Recommend corrective measures to improve portfolio quality and reduce default rates. ➢ Produce regular portfolio risk reports for Executive Management. 5. Collateral & Security Management ➢ Oversee verification, perfection, and custody of all loan securities. ➢ Conduct periodic audits and verification of vehicle logbooks and other collateral to ensure authenticity, legal compliance, and proper documentation. ➢ Ensure collateral values remain adequate throughout the loan lifecycle. ➢ Recommend additional security where risk exposure requires enhancement. 6. Branch Credit Oversight ➢ Provide technical guidance and support to Branch Credit Officers and Lending Teams. ➢ Review branch lending practices to ensure compliance with Company standards. ➢ Identify inconsistencies in branch credit assessments and recommend corrective actions. ➢ Conduct periodic branch credit audits and compliance reviews. 7. Risk Analytics & Reporting ➢ Prepare comprehensive monthly, quarterly, and annual credit risk reports for Senior Management and the Board. ➢ Analyze portfolio performance, approval trends, rejection rates, exposure concentrations, and emerging risks. ➢ Provide data-driven recommendations to strengthen credit quality and improve lending decisions. ➢ Develop Key Risk Indicators (KRIs) and monitor adherence across the business. 8. Compliance & Regulatory Oversight ➢ Ensure all lending activities comply with internal policies, applicable laws, regulatory requirements, and industry best practices. ➢ Monitor changes in financial regulations and recommend operational adjustments where necessary. ➢ Support internal and external audits relating to the credit function. 9. Fraud Prevention & Operational Risk ➢ Identify potential fraud indicators within loan applications and collateral documentation. ➢ Strengthen internal controls to minimize operational and financial losses. ➢ Investigate suspicious lending transactions and recommend appropriate action. 10. Process Improvement & Strategic Advisory ➢ Continuously evaluate the effectiveness of the Company's credit approval process. ➢ Recommend innovative approaches, automation opportunities, and process enhancements that improve turnaround times while maintaining strong risk controls. ➢ Advise Executive Management on credit strategy, portfolio diversification, and emerging market risks. ➢ Participate in strategic planning by providing insights into risk trends affecting business growth. 11. Leadership & Team Development ➢ Lead, mentor, and develop the Credit & Risk team. ➢ Build a hig