Co-operative Bank of Kenya

Head – Corporate Mortgage Job Nairobi

Nairobi County, Nairobi, Kenya
February 29, 2024
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Job Description

Head – Corporate Mortgage Job Nairobi

Are you ready to lead a dynamic team and drive growth in the mortgage finance sector? Do you possess a passion for business development and risk management within the banking industry? If so, we have an exciting opportunity for you to join our team as the Head – Corporate Mortgage.

As the Head of Corporate Mortgage, you will spearhead the marketing and management of high-value mortgage and project finance business, contributing to the growth of our Co-operatives (CBD), and Corporate & Institutional Banking (CIBD) divisions. Your role will involve developing and executing sales strategies, maintaining portfolio standards, and championing risk management practices to ensure sustainable business growth.

If you’re a motivated individual with a passion for driving business growth and ensuring risk management excellence, we want to hear from you! Join our team and embark on a rewarding journey where you can make a real difference in the mortgage finance sector.

The Role

Specifically, the successful jobholder will be required to:

  • Lead sales efforts and business growth in Co-operatives & CIBD Division.
  • Originate, structure, and close mortgage/project cases, managing end-to-end deal conversion and revenue momentum.
  • Develop and manage a mortgage pipeline, driving quality business through effective customer engagement.
  • Ensure portfolio quality in adherence to the bank’s credit policy and risk management practices.
  • Provide continuous product knowledge and support to Relationship Managers and customers, maximizing opportunity identification and solutions.
  • Implement processes for early identification of problem accounts, collaborating closely with Relationship Managers.
  • Monitor MIS/risk reports rigorously to mitigate potential risk factors.
  • Monitor account conduct, payment of facilities, and covenant compliance.
  • Support customers in financial challenges, facilitating appropriate restructuring to preserve the bank’s position.
  • Ensure compliance with KYC and ALM measures, in line with regulatory requirements.
  • Develop and maintain strong relationships with business function units.
  • Enhance product visibility and market presence within CIBD and CBD.
  • Foster partnerships to create an end-to-end customer approach and enhance the value chain.
  • Conduct post-implementation reviews on key accounts, recording learning points for process improvement.
  • Collaborate with product development teams and participate in staff training on mortgage products.
  • Ensure strict adherence to all regulations, statutes, standards, and internal processes and procedures.
  • Contribute to department/division attaining a “Satisfactory” rating in both internal and external audits by adhering to standards and regulations.

Skills, Competencies and Experience

The successful candidate will be required to have the following skills and competencies:

Head – Corporate Mortgage Job Nairobi

  • A Bachelor’s degree in Finance/Accounting, Business Administration, Economics, or related field.
  • An MBA and professional qualification in accountancy preferred.
  • Knowledge and experience in real estate/project/construction finance, preferably in a banking environment.
  • Ability to package solutions for emerging customer needs.
  • Ability to drive sales and uptake of mortgage finance products.
  • Knowledge in mortgage finance products and services.
  • Capacity to ensure compliance with product credit policy and operations.
  • A team player who can collaborate with business segments to identify client potential and ensure disbursements.

Co-operative Bank of Kenya

Head – Corporate Mortgage Job Nairobi