Job Purpose:<\/p>\n
\tResponsible for leading the Securities and Documentation function by ensuring timely, accurate, and compliant preparation, verification, and execution of all corporate and non-corporate loan contracts, internal security documents, and related credit documentation.\u00a0
\n\tThe role safeguards the Bank\u2019s lending position by ensuring all documentation aligns with approved sanction terms, the Bank\u2019s Credit Policy, CBK Prudential Guidelines, and all applicable legal and regulatory requirements.
\n\tAdditionally, the role provides strategic oversight on evolving legal, regulatory, and policy changes impacting credit documentation while ensuring effective covenant capture, monitoring, and risk mitigation.\u00a0<\/p>\n
Key Responsibilities:<\/p>\n
\tSignatory and Power of Attorney for Loan Contracts and Security Documentation.\u00a0
\n\tServe as the Bank\u2019s authorized signatory and holder of Power of Attorney for execution of loan contracts and internal security documents.\u00a0
\n\tEnsure all approvals are adequate and compliant with the Bank\u2019s Credit Policy, Scheme of Delegation, and related annexures before documentation.\u00a0
\n\tVerify that all facility types, sanction terms, repayment structures, pricing, commissions, collateral requirements, and approval conditions are accurately reflected in loan contracts.\u00a0
\n\tEnsure collateral clauses are correctly structured to protect the Bank\u2019s legal and financial interests.\u00a0
\n\tReview and confirm contract accuracy to minimize errors, omissions, and documentation risks.\u00a0
\n\tProvide timely and accurate reports relating to loan contracts and internal security documentation.
\n\tLiaise with approving authorities to clarify contradictory or ambiguous sanction terms before execution.\u00a0<\/p>\n
Supervisory, Leadership, and People Management:<\/p>\n
\tLead and manage the team of Securities and Documentation Officers to ensure accurate, timely, and efficient processing of all credit documentation.\u00a0
\n\tOversee workflow through the Loan Origination System (LOS) while ensuring all non LOS transactions are effectively tracked and processed.\u00a0
\n\tMonitor turnaround times (TATs), service level agreements (SLAs), and departmental productivity.\u00a0
\n\tEvaluate team performance regularly, identify skill gaps, and implement corrective measures.\u00a0
\n\tDevelop and implement process automation and continuous improvement initiatives to enhance operational efficiency.\u00a0
\n\tCoordinate effectively with Legal, Credit Administration, Relationship Management, and other stakeholders to ensure seamless credit documentation processes.\u00a0
\n\tEnsure prompt resolution of audit findings and implementation of corrective action plans.
\n\tManage staff leave planning, handovers, performance reviews, and staff exit-related documentation processes.\u00a0<\/p>\n
Risk Management and Compliance Oversight:<\/p>\n
\tMonitor legal and regulatory developments affecting lending and credit documentation.\u00a0
\n\tLiaise with Legal and Compliance teams to revise templates and documentation standards in line with new laws and internal policy changes.\u00a0
\n\tEnsure customer notifications for lending variations comply with applicable consumer protection and banking laws.\u00a0
\n\tVerify accurate capture of all conditions of sanction and covenants within facility contracts.\u00a0
\n\tMaintain covenant trackers and ensure proper monitoring, breach identification, and reporting.\u00a0
\n\tConduct periodic reviews of executed contracts to confirm compliance with approved standards.
\n\tSupport proactive risk identification by ensuring proper documentation of covenants and early warning indicators.\u00a0<\/p>\n
Training, Learning, and Development:<\/p>\n
\tBuild, mentor, and develop a high-performing documentation team.\u00a0
\n\tIdentify staff training needs and implement development plans.\u00a0
\n\tConduct training for team members, relationship managers, management trainees, and HiPo staff on:\u00a0<\/p>\n
\t\tCredit documentation best practices.\u00a0
\n\t\tRisk identification.\u00a0
\n\t\tContract execution.\u00a0
\n\t\tCollateral risk management.\u00a0
\n\t\tCovenant monitoring and compliance.\u00a0<\/p>\n
\tContribute to product development initiatives by ensuring documentation processes\u00a0 align with new product requirements.
\n\tPromote knowledge sharing and continuous professional development within the department.\u00a0<\/p>\n
Stakeholder Engagement:<\/p>\n
\tCoordinate with internal stakeholders including Branch Teams, Relationship Managers, Credit Risk Managers, Legal, and Credit Administration on all matters related to credit documentation.\u00a0
\n\tProvide timely advisory support on documentation-related credit decisions.\u00a0
\n\tGuide Relationship Managers and other business units on documentation requirements to improve customer execution experiences.\u00a0
\n\tEnsure effective interdepartmental collaboration to maintain SLA and TAT compliance.
\n\tSupport process reengineering initiatives aimed at enhancing service delivery and operational efficiency.\u00a0<\/p>\n
Decision-Making and Accountabilities:\u00a0
\nFinancial Impact:<\/p>\n
\tProtect the Bank from legal, compliance, operational, and reputational risks through complete and accurate loan documentation.\u00a0
\n\tEnsure prompt loan disbursement by maintaining efficient documentation turnaround, directly supporting loan book growth.\u00a0
\n\tStrengthen covenant management and monitoring to identify early warning signs and reduce potential credit losses.
\n\tEnsure compliance with changing regulatory requirements to avoid penalties and financial exposure.\u00a0<\/p>\n
Operational and People Impact:\u00a0<\/p>\n
\tManage employee leave schedules and resource planning to ensure uninterrupted business operations.\u00a0
\n\tDrive employee performance management and capability development.\u00a0
\n\tContribute to product development and process enhancement for improved operational effectiveness.\u00a0
\n\tOversee complaint resolution within required service timelines.
\n\tEnsure timely closure of audit findings, tracking of CAPs, and maintenance of audit readiness.\u00a0<\/p>\n
Academic Qualifications:\u00a0<\/p>\n
\tBachelor\u2019s degree in commerce, Business Management, Economics, or related field.\u00a0<\/p>\n
Professional Qualifications:\u00a0<\/p>\n
\tProfessional certifications in Credit Management, CPA, ACCA, Banking, or equivalent.\u00a0<\/p>\n
Work Experience:\u00a0<\/p>\n
\tMinimum 4\u20136 years of total relevant credit documentation and banking experience.
\n\tMinimum 4 years of managerial experience in credit, lending operations, or related banking functions.\u00a0<\/p>\n
Required Skills and Competencies:\u00a0<\/p>\n
\tStrong analytical and interpretation skills.\u00a0
\n\tExcellent numerical and risk assessment capability.\u00a0
\n\tStrong planning and organizational skills.\u00a0
\n\tLeadership and people management capability.\u00a0
\n\tExcellent communication, report writing, and presentation skills.\u00a0
\n\tGood knowledge of credit and trade finance products.\u00a0
\n\tStrong understanding of banking regulations, Banking Act, and CBK Prudential Guidelines.\u00a0
\n\tGood knowledge of core banking systems and loan origination systems.\u00a0
\n\tStrong understanding of legal frameworks applicable to lending, securities, and banking documentation.\u00a0
\n\tHigh attention to detail and compliance orientation.<\/p>\n
Apply Through:<\/p>\n
imbank.bamboohr.com<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"http:\/\/imbank.bamboohr.com","_company_name":"I&M Bank","_company_website":"http:\/\/www.imbank.com","_company_tagline":"I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking. Started in 1974, it evolved from a community financial institution to a publicly listed major regional commerci... read moreal bank offering a full range of corporate and retail banking services, 35 branches in Kenya and international operations in 3 other countries. I&M Bank is a dominant player in the Kenyan market that has been consistently growing, and is innovative in terms of the type and range of products and services it offers. CDC Group plc, a development finance institution wholly owned by the government of the United Kingdom owns approximately 10.68% of I&M Holdings, the holding company of I&M Bank Ltd. In addition, I&M Bank has a technical support agreement with International Finance Corporation for staff training, product development and risk management. I&M Bank also enjoys medium term foreign currency credit facilities from European Development Financial Institutions - Proparco, DEG and FMO. I&M Bank\u2019s international correspondent banks include major multinational banks such as Bank One Ltd, Citibank NA, CommerzBank AG, Deutsche Bank AG, ICICI Limited Mumbai, Mashreq Bank PLC, Standard Bank of South Africa and Standard Chartered Bank NY. I&M Bank\u2019s international network includes Bank One Limited (Mauritius), I&M Bank Tanzania Limited and I&M Bank Rwanda Specialties Banking Services, Commercial Banking, Asset Finance, Mobile Banking, Internet Banking, Investment Management Services, Diaspora Banking, Credit \/ Debit \/ Prepaid cards, Wealth Management","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[692],"job-categories":[793,693,701,1301],"job-types":[687],"class_list":{"0":"post-96101","1":"job_listing","2":"type-job_listing","3":"status-publish","4":"hentry","5":"job_listing_region-nairobi","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/job-listings\/96101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/media?parent=96101"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/job_listing_region?post=96101"},{"taxonomy":"job_listing_category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/job-categories?post=96101"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/kenya\/wp-json\/wp\/v2\/job-types?post=96101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}