Equity Bank is an Equal Opportunities Employer that does not discriminate on grounds of gender, age, race, HIV/AIDS status or disability. Equity Bank scouts for talented, creative and innovative team players who are excited by the opportunity of pushing the frontiers of the ever evolving microfinance industry, growing our services, delighting our customers and contributing to our community.
Equity Bank is one of the region’s leading banks whose purpose is to transform the lives and livelihoods of the people of Africa socially and economically by availing them modern, inclusive financial services that maximize their opportunities. With a strong footprint in
Kenya, Uganda and Southern Sudan, Equity Bank is now home to more than 5.9 million customers, the largest customer base in the Eastern African Region. As a Bank, we are guided by the following Core Values which we uphold in all the activities we undertake.To apply for this position, please forward your application with a detailed CV including present position, current pay and benefits, copies of relevant professional/academic certificates, day time telephone contact to the address below;
The General Manager, Human Resources
Equity Bank Uganda Limited
P.O Box 10184
Kampala, Uganda
Equity Bank has 7 Board committees that guide and govern its management. The committees include Audit, Credit, Risk Management, Strategy and Investment, Tendering and procurement, Governance, Board nomination and Staff remuneration and Board executive. All Board members are vetted before appointment. Board appointments take into account professional qualifications, integrity and track record.
General Manager Credit
- To provide overall administrative and strategic direction for the proper management of lending in the Bank
- To drive execution of the Bank's lending objectives and budget as directed by the Board Credit Committee.
- To ensure all lending decisions conform to the laid down policies and procedures as well as regulatory and international standards.
- To provide overall administrative direction to the Legal team
- To constantly review existing policies and procedures and recommend to the Board any policy changes in line with changing market dynamics.
- To drive the Trade Finance business in the Bank by providing necessary leadership to drive sales as well as maintain quality.
Key Result Areas:
- Credit Evaluation/Risk Management & Approval Functions
- Ensure all counter party risks are properly evaluated and mitigated.
- Ensure credit policy is adequately covering all the lending objectives as well as regulatory concerns.
- Ensure all credit committees are functional at every level as provided for within the policies & procedures.
- Ensure clear segregation between credit origination, evaluation and disbursement roles.
- Ensure adequate loan loss provisions are held by the Bank
- Ensure loans booked are thoroughly appraised and mitigated against all counterparty risks.
Control Functions
- Enforce random review of files to ensure approval conditions and policies & procedures are adhered with.
- Deal decisively with all cases of abuse of authority by any officer of the bank in so far irregular lending is concerned.
- Ensure daily inward clearing exceptions report is reviewed daily and ensure all cheques drawn on insufficient funds are marked unpaid unless request for accommodation is received and approved by the HOCC or Excom depending on approval limits.
Supervision Functions
- Ensure all units/sectors within the department are property functioning and adequately staffed.
- Ensure laid down credit policies and procedures are strictly adhered to by all
- staff and any.
- Ensure credit management. ., officers in the branches have clear targets against which their performance is measured.
- Ensure established SLAs are strictly adhered to at every level.
Regulatory Functions
- Ensure all statutory returns to regulatory authorities are timely done.
- Ensure adequate reserves are held by the Bank.
- Ensure insider lending is within statutory limits
- Ensure single exposure limits are maintained within core capital limit.
- Ensure credit department is rated satisfactory by regulatory authorities.
- Ensure impairment of loans is done in accordance with IAS 39 of the IFRS.
- Ensure compliance/compatibility to Basle 11 accord.
Human Resource Functions
- In liaison with Human Resources department ensure:
- Bank attracts and retains people with right skill capability to drive business.
- All credit staff are adequately trained and receive necessary exposure to mitigate against credit risks.
- Deal with ail disciplinary issues for non compliant staff in accordance with the laid down labour laws and internal disciplinary mechanisms.
- Ensure all branches and units are adequately staffed with the right calibre of people.
- Ensure all staff within the department are commensurately remunerated and motivated.
- Ensure staff productivity is within Bank's acceptable standards.
Success Indicators/KPIs
- Satisfactory rating by BOU and other regulators.
- Achieve balance sheet growth aspirations for the department
- Maintain asset quality
- Achieve maximum yields on the loan book (98%)
- Well motivated staff
Committee Memberships
- Secretary to the Board Credit Committee
- Member of the Executive Team
- Member of ALCO
- Member of Risk Management Committee
- Member/Alternate Chair of Executive Credit Committee
Job requirement
Desired Knowledge, Skills & Abilities:
- Minimum of Honours University degree in a business related field preferably Commerce, Accounting, Economics or Statistics.
- At least 7 years' experience in Commercial banking lending, 3 years of which must have been in Head Office Credit. Exposure to both Corporate & Retail lending essential
- Professional course in banking/credit, ACCA or CPA or a post graduate degree in Finance/Strategy will be an added advantage
- Effective writing and presentation skills in English.
- Good working knowledge of Finacle & Microsoft Office (Word, Excel, etc)
- Leadership and people management skills
- Commitment lo working under intense pressure.
- Credit management 8 administration skills
- Selling and Negotiation skills
- Well-informed of the market competitive structure, industry practices and regulations with at least 2 years' experience in local environment.
- Strong analytical, problem-solving, decision-making and financial management skills
- Attention to detail
- Ability to articulate concepts and requirements clearly, present and substantiate own judgment /analysis/evaluation with skill and diplomacy
- Positive attitude, energetic and capable of working with minimal supervision.
- Demonstrate a good level of maturity
- Respect for customers and colleagues
How to apply
If you meet the above requirements please email your CV. Scanned application letter and academic documents to jobs@equitybanki.co.ug by close of business Wednesday 31 August 2011. Kindly note that only short listed candidates will be contacted immediately for interviews
For the second year running, Equity Bank has been named the Micro Finance Bank of the Year in Africa during the annual African Bankers Awards ceremony held in Istanbul, Turkey. Equity won the award in a category contested by Accion of Nigeria, Blue Financial Services of South Africa and UBA Nigeria.
Equity Bank was named the Micro Finance Bank of the Year in Africa “for assisting local communities and aspiring entrepreneurs to raise finance, ultimately contributing to their growth and development.
While receiving the award, Equity Bank Director for Operations and customer service, Gerald Warui noted that the award demonstrates the resilience of the microfinance sector in Africa in reducing poverty and accelerate the attainment of the Millennium Development Goals.
