Manager, Credit Job Vacancy at Development Bank of Kenya Limited

Job Title Manager, Credit
Job Grade DBK 3
Duty Station Head Office
Supervisor Head of Credit
Terms of Service Contract – 5 years (Renewable once)

Job purpose
To manage the credit-granting process, including assessing the creditworthiness of potential
customers and reviewing existing customers' credit. This position is responsible for managing the
bank's loan portfolio while ensuring the quality and health of the loan book.

Job Specification
1. Initiating development, reviewing and implementing policies, programmes and
strategies for lending.
2. Ensure compliance with the lending policy of the bank, statutory, and regulatory
requirements.
3. Initiating review of standard operating procedures.
4. Coordinating preparation of credit proposals for consideration and approval.
5. Coordinating management of the loans and advances portfolio.
6. Monitoring and evaluating the bank loans and advances portfolio performance and
revenue generation.
7. Coordinating the process of information and filing of periodic returns and questionnaires
to the Central Bank of Kenya.
8. Coordinating the bank's equity investment.
9. Coordinating the preparation of management and statutory reports.
10. Preparing and presenting credit reports, including disbursements, loans aging reports,
and strategic reports.
11. Any other duties that may be assigned from time to time.

Person Specification
For appointment to this grade, a candidate must have: -
1. Bachelor’s degree in Actuarial Science, Commerce, Economics, Business Administration,
Finance, or in a related field from a recognized institution.
2. Master’s degree in Business Administration, Finance, or any other related course or
equivalent qualification from a recognized institution is an added advantage.
3. Registration by any of the following recognized professional bodies: - Associate of the
Kenya Institute of Bankers, Institute of Certified Public Accountants, Financial Markets
Association, Certified Risk Manager (CRM), Diploma in Credit, or any other equivalent.
4. At least ten (10) years’ relevant work experience, five (5) of which must have been in a
senior management role.
5. Hands-on experience of collateral-based lending, portfolio performance monitoring, and
credit risk reporting.
6. In-depth understanding of credit risk assessment methodologies, scoring models, and
portfolio management.
7. Demonstrated ability to develop and enforce credit risk policies, manage delinquent
accounts, and minimize NPLs.
8. Familiarity with regulatory compliance, audit processes, and risk governance structures.
9. Ability to engage stakeholders, regulators, and auditors confidently.
10. Excellent communication and interpersonal skills.
11. Leadership courses from recognized institutions.
12. Excellent computer literacy, proficient in the Microsoft suite and other risk management tools.
13. Knowledge of banking processes.
14. Demonstrated results in work performance; and
15. Fulfills the requirements of Chapter Six of the Constitution