Director Credit & Risk Management

DIRECTOR CREDIT & RISK MANAGEMENT       (1 POSITION) – LUSAKA      

Reporting to the Director General, the ideal candidate will be responsible for leading the Credit and Risk Management Team and working closely with senior management and other stakeholders, develop and implement robust but flexible credit management and reporting strategies that reflect leading market practices to identify, monitor, manage and report key credit, investment and general risks,  recommend, negotiate and implement appropriate credit mitigation actions including monitoring tools, agreement terms, collateral or policy changes.

Duties and Responsibilities

To oversee the Credit Control and Risk function of the Commission;

Develop and implement a robust Credit Management Information System that provides timely information to both internal and external stakeholders;

Develop and implement a robust Risk Management System that efficiently and effectively responds to the enterprise risk of the Commission;

Develop and implement Credit Risk and Procedures Manual;

Develop and implement Risk Policy and Procedures manual;

Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate;

Generate the term of reference for the Credit Managers;

Work closely with the Credit Managers on the software used in processing of loan as well as the extraction of reports;

Monitor the disbursement of fund on agreed terms with the Credit Managers to support the delivery of empowerment products;

Monitor the Credit Managers’ performance through meetings, requests, audits and client visits;

Ensure the development of the Term Sheet and Loan Agreement;

Evaluate the compilation of quality control performance result to ensure consistent and accurate communication with financial institutions who do business with the Commission;

Advise management on the final loan beneficiaries; and

Advise management on the investment to be undertaken on the utilized funds on the Empowerment Fund for growth purposes.

Qualifications

Grade Twelve (12) Certificate

Master’s Degree in Business Administration, Accountancy, Finance & Investment, Banking or related field

At least fifteen (15) years working experience in credit management in a Bank or Micro Credit Financial Institution of which 5 years should be at senior management level

For more information on the responsibilities and qualifications, please refer to the CEEC Facebook Page: @CEECZAMBIA or visit www.ceec.org.zm.

Interested candidates meeting the above profile should submit application letters
enclosing an updated Curriculum Vitae and copies of the academic and professional certificates to the following address not later than 17 June 2022.

NB: The applications must be submitted in a sealed envelope indicating the position
being applied for.
The Director General
Citizens Economic Empowerment Commission
Plot 6457, Los Angeles Boulevard
Longacres
P.O Box 35068
LUSAKA