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SENIOR PORTFOLIO MANAGEMENT OFFICER (841) [NAIROBI]   DETAILS

JOB NAME

Senior Portfolio Management Officer (841) [Nairobi]


POSTED BY: Trading and Development Bank
REF:TDB 30
Date Published:Wednesday, August 2, 2023
Date of Expiration:Sunday, October 1, 2023 EXPIRED
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LOCATION OF THIS JOB
 Kenya |  NAIROBI in Kenya
INDUSTRY
DEVELOPMENT FINANCE INSTITUTIONS
JOB TYPE
Full-Time
MAIN JOB DESCRIPTION
Requisition ID 841
Posted 08/01/2023
Department Portfolio Management
Location Nairobi

ABOUT TDB
Established in 1985, the Eastern and Southern African Trade and Development Bank Group (TDB Group) is a multilateral, treaty-based, investment-grade development finance institution, with 41 sovereign and institutional shareholders and assets of approximately USD 8.0 billion. TDB Group is an autonomous COMESA-based institution and currently serves 25 economies, with a mandate to foster trade, regional economic integration and sustainable development.

TDB aims to attract and retain exceptionally talented professionals by offering a conducive working environment and attractive salaries and benefits. In line with its growth strategy, TDB is looking for self-motivated and results-oriented professionals to join a team committed to building a world class financial institution aimed at promoting trade, economic development, and regional integration. Interested and qualified candidates who are nationals of TDB's member states are therefore invited to apply for the subject position.

JOB SUMMARY
1. Reporting to the Executive, Portfolio Management or designate, the Senior Portfolio Management Officer, undertakes various portfolio management activities and is primarily responsible for managing the Bank's loan portfolio from financial close to final settlement of the loan with a view to maintaining and improving the quality of the loan portfolio, drive growth and diversification.
2. In addition, the job holder provides effective leadership, mentorship, and coaching among staff under his/her management.

DUTIES AND RESPONSIBILITIES
The duties and responsibilities of the role include, but are not limited to:
1. Review portfolio management policies and procedures of the Department to streamline operations, manage risk, and meet compliance requirements and international best practices.
2. Prepare departmental Board Papers, carrying out analysis of the performance of the loan portfolio of the Bank, inform management and the Board of Executives, and make appropriate recommendations.
3. Originate/process disbursements for project loans in line with the terms of the Loan Agreement, the Bank's disbursement/procurement guidelines to grow the loan book.
4. Facilitate project implementation, strengthen the Bank's securities, and obtain value for money as well as mitigation performance risk.
5. Manage/ensure project implementation to ensure the completion of the project within the agreed scope, time and resources.
6. Monitoring and evaluation of operational projects to ensure smooth operation and repayment of the loan.
7. Identify red flags on a project and make appropriate recommendations for solutions on distressed accounts.
8. Guide/Coach Portfolio Management Officers in the management of complex and troubled loan accounts to turnaround status and thus maximize recovery.
9. Prepare and implement Loan Restructuring solutions to turn around distressed loans account/projects and write-back provisions.
10. Design and implement Loan work-out solutions to maximize recoveries from non-performing loans and written-off accounts.
11. Ensure borrowers' compliance with statutory and regulatory requirements to mitigate compliance risks affecting the implementation and operation of each project and hence the repayment of loans.
12. Manage stakeholders to establish and nurture good banking relationships, advance the Bank's objectives, and maximize returns.
13. Coordinate with other departments as appropriate to provide information to external stakeholders.
REQUIREMENTS FOR THIS JOB
QUALIFICATIONS AND COMPETENCIES
1. A master's degree in Business Administration, Finance, Commerce, Economics, Accounting, Banking, or a related field from a recognized university.
2. A minimum of 8-10 years of relevant professional experience and proven track record in a Commercial/Development Banking or Financial institution environment.
3. Robust knowledge of loan portfolio analytics and loan portfolio risk management.
4. Strong interpersonal skills and proven track record in relationship management.
5. Ability to work flexibly on a range of assignments and still deliver top-quality reports while meeting tight deadlines.
6. Results-oriented individual with excellent verbal and written communication skills in English. Knowledge of the Bank's other working languages (French or Portuguese) would be an added advantage.
7. Proven organizational, problem-solving, and decision-making skills with the ability to build partnerships, work in multinational teams and deliver results.
8. Proficiency in the use of computer programs including MS Office applications.

APPLICATION PROCEDURE
Interested and qualified candidates may submit their applications by 28th August 2023.

Applications should include a resume, academic and professional certificates, full contact address, and the names and addresses of three referees.

Please note that only shortlisted candidates will be contacted. TDB is an equal opportunities employer.



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