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Head of Credit & Investments job at True North Ltd | Apply Now
Are you looking for Management jobs in Uganda 2024 today? then you might be interested in Head of Credit & Investments job at True North Ltd
Kampala, Uganda
Full Time
About the Organisation
True North Ltd is a leading consulting and talent solutions firm dedicated to helping businesses and individuals achieve their full potential through strategic human capital development, leadership training, and organizational transformation. Recognized for its expertise in executive search, talent management, and business advisory services, the company has built a strong reputation for delivering tailored solutions that drive growth and operational excellence.
True North Ltd fosters a dynamic and inclusive work culture, offering employees opportunities for continuous learning, career development, and a collaborative environment that values innovation and excellence. The company provides diverse job opportunities in consulting, recruitment, training, and business strategy, with flexible work arrangements that support productivity and work-life balance.
Since its inception, True North Ltd has evolved by leveraging industry insights, cutting-edge technology, and a deep understanding of market trends to develop innovative talent solutions that address workforce challenges. Its business model integrates data-driven recruitment, leadership coaching, and digital HR solutions to enhance talent acquisition, employee engagement, and business performance.
With a broad reach, the company serves clients across multiple industries, including finance, healthcare, technology, and manufacturing, supporting businesses in Uganda and beyond. Rooted in core values of integrity, excellence, collaboration, and impact, True North Ltd remains committed to fostering ethical business practices and sustainable talent development. Through Corporate Social Responsibility (CSR), the company actively supports youth employment programs, leadership mentorship, and community capacity-building initiatives to drive positive social change. For more information about services, partnerships, and career opportunities, visit [Company Website].
Job Title
Head of Credit & Investments job at True North Ltd
True North Ltd
Job Description
The Head of Credit & Investment is responsible for overseeing the bank's Credit & Investment operations, managing credit & Investment risk and ensuring the quality of the portfolio. This role requires an experienced credit & Investment professional with a strong background in credit analysis, risk assessment, and portfolio management. The Head of Credit will lead the credit management team, develop credit policies, and ensure compliance with regulatory requirements.
Duties, Roles and Responsibilities
Responsibilities
Develop and implement credit & Investment risk management strategies and policies.
Oversee the evaluation of credit & Investment applications, ensuring thorough analysis of financial statements, cash flow, collateral, and other relevant factors.
Manage the bank’s investment portfolio to ensure a balanced and healthy mix of credit exposures.
Develop and update credit policies, procedures, and guidelines in line with regulatory requirements and industry best practices.
Lead, mentor, and develop the credit & Investment team to achieve high performance and professional growth.
Collaborate with other departments, such as business development, risk management, and operations, to ensure alignment and effective credit risk management.
Prepare and present regular reports on credit portfolio performance, risk exposure, and key metrics to senior management and the board.
Specific Activities
Credit Risk Management
Develop and implement credit risk management strategies and policies.
Conduct thorough credit risk assessments and approve credit facilities within delegated authority limits.
Monitor the credit portfolio to identify and mitigate potential risks.
Credit Analysis and Approval
Oversee the evaluation of credit applications, ensuring thorough analysis of financial statements, cash flow, collateral, and other relevant factors.
Make credit decisions or recommendations to the credit committee based on detailed analysis and risk assessment.
Portfolio Management
Manage the bank’s Credit portfolio to ensure a balanced and healthy mix of credit exposures.
Monitor and review existing credit facilities to ensure compliance with approved terms and conditions.
Implement strategies to minimize non-performing Investments (NPIs) and maximize recoveries.
Policy Development and Compliance
Develop and update credit policies, procedures, and guidelines in line with regulatory requirements and industry best practices.
Ensure compliance with all relevant laws, regulations, and internal policies.
Team Leadership and Development
Lead, mentor, and develop the credit team to achieve high performance and professional growth.
Set clear performance objectives and conduct regular performance reviews.
Foster a collaborative and supportive work environment.
Stakeholder Management
Collaborate with other departments, such as business development, risk management, and operations, to ensure alignment and effective credit risk management.
Liaise with external stakeholders, including regulators, auditors, and credit rating agencies.
Reporting and Analysis
Prepare and present regular reports on credit portfolio performance, risk exposure, and key metrics to senior management and the board.
Conduct periodic stress testing and scenario analysis to evaluate the resilience of the credit portfolio.
Financial Responsibility
Provide financial insights for the development of new credit products and services.
Ensure that new products are financially viable and meet market demand.
Ensure that the bank’s credit portfolio achieves an optimal balance between risk and return.
Implement pricing strategies that reflect the risk profile of borrowers and market conditions.
Advise on the efficient allocation of capital to different segments of the credit portfolio.
Ensure that capital is deployed in a manner that maximizes returns while minimizing risk.
Ensure accurate recording and reporting of all credit-related financial transactions.
Collaborate on financial audits and reviews.
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Skills & Experience
Education & Training
Bachelor’s degree in Finance, Accounting, Economics, Business Administration, Islamic Finance or a related field.
Islamic Banking training and product knowledge is preferred.
Skills & Experience
At least 8 years’ work experience, five of which should be in Senior Credit roles, in a busy commercial setting preferably a financial services institution.
Proven track record of managing credit risk and a diverse investment portfolio.
Strong leadership and team management skills.
Excellent analytical, decision-making, and problem-solving abilities.
In-depth knowledge of credit risk assessment methodologies, financial analysis, and regulatory requirements.
Proficiency in credit management software and Microsoft Office Suite.
Business Behaviors
Strong leadership and team management skills.
Excellent strategic thinking and problem-solving abilities.
Superior communication and interpersonal skills.
High level of integrity and ethical standards.
Ability to work in a fast-paced, dynamic environment.
How to Apply
How to apply:
To apply, please send your resume and cover letter to exechire@truenorthafrica.com with subject line Head of Credit & Investments by C.O.B Wednesday, 25th October 2024.
All applications shall be acknowledged as received but only shortlisted candidates will be contacted.
All applicants should share their CV's and Cover Letters in PDF or MS Word STRICTLY
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