Director Credit Control & Risk Management at Citizens Economic Empowerment Commission

The Citizens Economic Empowerment Commission a Body Corporate established under the Citizens’ Economic Empowerment Act No. 9 of 2006 to enhance broad-based economic empowerment, foster citizens’ economic ownership, control and management of economic resources, as well as to promote economic empowerment of targeted citizens is inviting applications from suitably qualified Zambians to fill the following position:

Director Credit Control & Risk Management (1 Position) – Lusaka

Reporting to the Director General, the Director Credit Control & Risk Management 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 direct and manage the Credit Control and Risk Management 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 the Credit Policy and Procedures Manual;
• Develop and implement Risk Policy and Procedures manual;
• Prepare the annual and quarterly workplans of the Directorate;
• Prepare the annual and quarterly reports of the Directorate;
• Prepare other workplans and reports on activities of the Directorate as may be required;
• Prepare the annual budget of the Directorate;
• Prepare and ensure implementation of the credit and risk management components of the corporate strategic plan;
• Ensure efficient and effective credit and risk management at the Commission;
• Appraise and manage the performance of staff in the Directorate; and
• Assess and recommend training and capacity building needs for staff in the Directorate.

Qualifications and Skills

• Grade Twelve (12) Certificate
• Degree in Economics, Accountancy, Finance, Banking or related field
• Masters Degree in Economics, Accountancy, Finance, Banking or related fields
• Strong relationship management, communication, and presentation skills
• Understanding of legal, regulatory compliance and risk governance frameworks
• A strong sense of urgency about solving problems, meeting multiple challenging deadlines and achieving critical goals
• Ability to maintain a high-level view of risk and compliance to promote broad understanding of implications of control weakness and acts of non-compliance
• Excellent written and verbal communication skills
• At least 15 years relevant work experience in credit management in a Bank or Micro Credit Financial Institution of which at least 5 years be at senior management level and at least 5 years  in a regulated lending institution.

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