Years Of Experience
Job Duties and Responsibilities
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives, give dignity and expand opportunities for wealth creation for the people of Africa socially and economically by offering integrated financial services that socially and economically empower consumers, businesses and communities. With a strong footprint in Uganda, Kenya, Tanzania, Rwanda, Southern Sudan and DR Congo, Equity Bank is now home to more than 15 million customers, the largest customer base in the Eastern African Region. Currently the Bank is seeking additional talent to serve its customers:-
Head of Credit
JOB REF: BO/EQBUL 03/2023/1
Reports to: Banking Operations Director
The Head of Credit will be responsible for the overall credit function of the Bank. Establishes internal controls and processes for credit assessments, restructuring, monitoring and recovery in line with Bank overall Strategy and Objectives. Drives initiatives that aim to satisfy both internal and external customers.
Drive the identification of credit opportunities where businesses can handle more risks
Ensure compliance with the internal policy, credit approval terms and conditions regulatory ratio/policies
Ensure that lending decisions conform to the laid down policies and procedures as well as regulatory and international standards.
Ensure all counter party risks are properly evaluated and mitigated
Establish policies and procedures for credit applications that deviate from standards
Regularly review and escalate adverse exposure of credit portfolios to internal stakeholders for action based on review of credit portfolios
Deliver market information and insight to key stakeholders such as Board, Management and Customers.
Develop and enhance the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders. Ensure timely and accurate delivery of Credit reports
Ensuring that the Bank Credit policies and practices always comply with the Regulator guidelines.
Will be required to build, foster and maintain relationships with clients
Develop, engage and provide leadership for the Credit team
Desired Knowledge, Skills & Abilities
A Bachelor’s degree in any discipline from an accredited institution. A master’s degree in business, finance or management is an added advantage
At least eight (8) years’ experience in a financial institution within the credit/related function. Of these at least five (5) of which must be at managerial level. Exposure to both Corporate & Retail lending will be added advantage
Sound knowledge of statutory and regulatory requirements of corporate governance, business and banking operations
Ability to formulate and execute strategy
Experience in lending terms
Communication skills and empathic listening
Exposure to Risk Management
Ability to build and sustain customer relationships
Approachable with interpersonal skills
Interested and Qualified, Click Apply Now to Apply
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