Chief Credit Officer (CCO) – Position
scope – CDH
scope – CDH
CCO is a member of the
senior management team and is responsible for providing support, direction,
credit information, and local policies and procedures to ensure the overall
quality of the Bank’s lending portfolio, Accountable to the Chief Executive
Officer, the CCO is responsible for the bank’s commercial lending staff and
monitoring calling efforts and overall portfolio management, This includes
assisting the lending staff with credit structure and financial analysis,
prescreening loan
senior management team and is responsible for providing support, direction,
credit information, and local policies and procedures to ensure the overall
quality of the Bank’s lending portfolio, Accountable to the Chief Executive
Officer, the CCO is responsible for the bank’s commercial lending staff and
monitoring calling efforts and overall portfolio management, This includes
assisting the lending staff with credit structure and financial analysis,
prescreening loan
requests, and mentoring the staff on prospect and customer
calls
Tracking and reporting the calling efforts
of the commercial lending staff to management, Reviewing and
recommending/declining loans prior to submission to Management Credit
Committee, Reviewing, critiquing and either recommending or declining credit
presentations submitted to management for review, Responsible and accountable
for adherence to bank’s credit policies and procedures
of the commercial lending staff to management, Reviewing and
recommending/declining loans prior to submission to Management Credit
Committee, Reviewing, critiquing and either recommending or declining credit
presentations submitted to management for review, Responsible and accountable
for adherence to bank’s credit policies and procedures
Credit
process management – To oversee the Credit
Administration function, this includes credit policy, appraisal services,
collections and special assets, To serve as member of the Bank’s Asset
Liability Committee and act as a liaison between the Asset Liability Committee
and the lending units with respect to Credit policy monitoring, To assist all
lending Relationship Managers in the analysis and structure of credits, To
interface with regulators and supervisory agencies on all credit related
matters, To assist the Accounting/Finance department on credit related
accounting, call report and Loan Loss issues
process management – To oversee the Credit
Administration function, this includes credit policy, appraisal services,
collections and special assets, To serve as member of the Bank’s Asset
Liability Committee and act as a liaison between the Asset Liability Committee
and the lending units with respect to Credit policy monitoring, To assist all
lending Relationship Managers in the analysis and structure of credits, To
interface with regulators and supervisory agencies on all credit related
matters, To assist the Accounting/Finance department on credit related
accounting, call report and Loan Loss issues
Credit Risk Management – Establish
policies, practices and other control mechanisms to manage risks, Develop risk
assessment and measurement systems, Monitor positions against approved risk
tolerance limits, Report the results of risk management monitoring to the
senior management
policies, practices and other control mechanisms to manage risks, Develop risk
assessment and measurement systems, Monitor positions against approved risk
tolerance limits, Report the results of risk management monitoring to the
senior management
Recoveries – To oversee all collection
activity and ensure that the bank’s loan portfolio is current, To ensure that
all loan repayments are collected timeously, To lead recoveries of all loans
aging more than 90 days
activity and ensure that the bank’s loan portfolio is current, To ensure that
all loan repayments are collected timeously, To lead recoveries of all loans
aging more than 90 days
Product
Review – Analyse and assess lending product performance,
Contribute to the development of new lending products aligned to the strategy
Review – Analyse and assess lending product performance,
Contribute to the development of new lending products aligned to the strategy
Asset
quality Management – Ensure that the loan portfolio
diversification and concentration is adequate and in line with bank policies,
Enforce credit administration policy to reduce specifically credit
documentation exception, Directly responsible for maintaining acceptable
delinquency ratios within the bank standard limits, Develops collection
strategies to minimize “bad debt” portfolio loss, Monitor monthly debtors’
ageing and ensure that all collections are remitted within the stipulated
timeframe defined by executive management, Maintain a sound allowance for loan
losses; Performing any other duties as may be assigned by management from time
to time
quality Management – Ensure that the loan portfolio
diversification and concentration is adequate and in line with bank policies,
Enforce credit administration policy to reduce specifically credit
documentation exception, Directly responsible for maintaining acceptable
delinquency ratios within the bank standard limits, Develops collection
strategies to minimize “bad debt” portfolio loss, Monitor monthly debtors’
ageing and ensure that all collections are remitted within the stipulated
timeframe defined by executive management, Maintain a sound allowance for loan
losses; Performing any other duties as may be assigned by management from time
to time
Ideal candidate shall be a
proven strategic leader with extensive loan product, credit/financial
experience, and possess the ability to lead, manage and develop staff, In
particular the ideal candidate must have the following qualities and skills,
Polished and professional with strong presence and confidence, engages audience
with desire for team consensus, prioritises for desired outcome, Ability to
make decisions, dose have what it takes to get the job done, Flexible, ability
to adapt to changing priorities working at a fast pace, Excellent interpersonal
skills, ability to quickly build rapport in order to engage team members and
gain support of peers, Self motivated with a strong work ethic, takes ownership
of actions and responsibilities while pursuing objectives with energy and
drive, results oriented; holds self and others accountable, High degree of
personal integrity consistently delivers on commitments
proven strategic leader with extensive loan product, credit/financial
experience, and possess the ability to lead, manage and develop staff, In
particular the ideal candidate must have the following qualities and skills,
Polished and professional with strong presence and confidence, engages audience
with desire for team consensus, prioritises for desired outcome, Ability to
make decisions, dose have what it takes to get the job done, Flexible, ability
to adapt to changing priorities working at a fast pace, Excellent interpersonal
skills, ability to quickly build rapport in order to engage team members and
gain support of peers, Self motivated with a strong work ethic, takes ownership
of actions and responsibilities while pursuing objectives with energy and
drive, results oriented; holds self and others accountable, High degree of
personal integrity consistently delivers on commitments
Must have a First Degree
plus a minimum of 10 yrs proven experience on a similar position with a bank,
Those with a post graduate qualification in business, finance or related fields
will have a distinct advantage, Excellent understanding of business
fundamentals in the consumer lending industry, with superior financial,
analytical and technology skills, Excellent oral and written communication
skills to reinforce process controls, strategy and direction, Extensive
knowledge of credit services, loan policy and regulatory compliance
requirements, An up to-date knowledge of general risk in bank operating
environment, A mature individual, comfortable to speak to all levels including
the leadership team, board of directors and the broader organisation
plus a minimum of 10 yrs proven experience on a similar position with a bank,
Those with a post graduate qualification in business, finance or related fields
will have a distinct advantage, Excellent understanding of business
fundamentals in the consumer lending industry, with superior financial,
analytical and technology skills, Excellent oral and written communication
skills to reinforce process controls, strategy and direction, Extensive
knowledge of credit services, loan policy and regulatory compliance
requirements, An up to-date knowledge of general risk in bank operating
environment, A mature individual, comfortable to speak to all levels including
the leadership team, board of directors and the broader organisation
Interested and qualified
applicants should send applications with detailed CV by email only to Executive
Placements, KPMG Advisory Services Limited, Blantyre, Malawi, email mw-fmrecruitment@kpmg.com Only
shortlisted candidates will be contacted, Closing date for receiving
applications is Friday 10th April
applicants should send applications with detailed CV by email only to Executive
Placements, KPMG Advisory Services Limited, Blantyre, Malawi, email mw-fmrecruitment@kpmg.com Only
shortlisted candidates will be contacted, Closing date for receiving
applications is Friday 10th April
