Head, Remedial and Recoveries, Leading Bank in Kenya at KPMG

Job Summary

Reporting to the Director Credit the role holder will provide leadership in the overall management of the Bank’s Non-Performing loan book, formulate/identify, review and implement policies, strategies/action plans to recover/restructure or restore to performanc

Key job duties or responsibilities:

• Monitor and control pre 90 days Credit Portfolio throughout the Bank to ensure that asset quality is maintained and improved (PAR & Migration) to within acceptable standards. 
• Overall management of non-performing debts to prevent deterioration and improve the bank’s lending asset quality. 
• Control specific provisions within budget and ensure adequate levels of provisioning on all accounts in accordance with the laid down credit policies. 
• Managing recovery costs within budgets. 
• Compliance with the bank’s Credit/NPL Policies and CBK Prudential Guidelines on loan classification and provisioning. 
• Timely submission of NPL returns to the Board and CBK. 
• Formulation of exposure/recovery strategies, action plans and supervising implementation for expedited closure. 
• Reduce non-performing credit through aggressive recoveries and viable restructuring thus contributing to the Bank bottom line through provisions write backs. 
• Participation in partnership engagement meetings/forums. 
• Oversight and support to subsidiaries in the management of the non-performing debts

Qualifications and experience

• A Bachelor’s degree in in a Business-related field from a recognized university. A Master’s degree in Business Administration or a related field is an added advantage. 
• Certification in Credit Management 
• Professional certification in AKIB/CIB, CPA(K), ACCA 
• Minimum eight (8) years’ experience in Credit Management of which five (5) years must be at senior management level in Collections, Remedial & Recoveries. 
• Proven Credit collections, remedial & recoveries skills 
• Proven planning, organization and execution skills 
• Good experience in business process re-engineering and analysis 
• Excellent interpersonal, communication and negotiation skills 
• Excellent writing and presentation skills. 
• Critical thinking and problem-solving skills 
• Excellent decision-making and leadership capabilities 
• Contract negotiation skills 
• Customer and Stake holder management skills 
• Analytical and report writing skills 
• Ability to work under pressure and within strict deadlines 
• Entrepreneurial/Commercial mind-set 
• Change management and conflict resolution skills 
• Computer Literacy