Alfred Mutuku

Head of SME Credit and CIB Sanctioner at Absa Bank Kenya PLC
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Contact Information
us****@****om
(386) 825-5501
Location
Nairobi, Kenya, KE
Languages
  • English -
  • Swahili -
Skills

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Credentials

  • Certificate in Commercial Credit - Level 1 & 2
    Moody's Analytics
    Sep, 2020
    - Oct, 2024
  • Advanced Credit Risk Assessment
    Culhane Consulting -SA
    Oct, 2011
    - Oct, 2024

Experience

  • Absa Bank Kenya PLC
    • Banking
    • 100 - 200 Employee
    • Head of SME Credit and CIB Sanctioner
      • Jan 2021 - Present

      Main Tasks & Achievements: Leadership of the Bank’s SME Credit Function while directly supervising & mentoring a team of six SME Credit Managers to ensure high standard credit quality of the portfolio by using various credit assessment tools.  Review & approval of SME & Business Banking credit applications from all sectors in the economy including agri-business & renewable energy sectors while maintaining a good balance between returns and risks exposure. Led the team in collaboration with the Origination teams to double the segment growth both in volumes and values for the comparable period to the current SME portfolio book of over US$ 250mn with favorable PAR.  Review and sanctioning of the Corporate & Institutional Banking (CIB) credit applications (including Financial/Non-Bank Financial Institutions) through my personal approval discretion of up-to US$ 2.5mn per borrower. Advising the Bank on SME market analysis & segmentation with regards to SME financial products, credit Risk evaluation processes, training and coaching to continuously upgrade the competency of the team members. Working closely with stakeholders in senior management, leadership team and branch management teams across over 100 branches to collectively originate and increase market share of the SME segment. Review and development of the Bank's credit approval policies, guidelines and sector appetite reviews.

  • Absa Bank Kenya
    • Kenya
    • Banking
    • 700 & Above Employee
    • AVP-Corporate Credit Manager & BB Sanctioner
      • Jan 2019 - Dec 2020

      Main Tasks & Achievements: Integral in ensuring new & existing Global and Large Local Corporates requiring financing within the allocated CIB portfolio book of over US$ 150mn are diligently assessed for all risk parameters through the use of best lending principles, excel models, investment viability & sound structured funding solutions. Spearheaded review & approval of two large complex transactions with cumulative debt funding of circa US$ 100mn through appraisal, prudent structuring and presentation to the Investment Committee, where both Credit Papers were applauded as the best packaged deals from in-country within that year by the Committee.  Sanctioning of the SMEs and Corporates credit applications from all economy sectors in relation to provision of various Bank’s products and services within my personal approval discretion of up-to US$ 1.5mn per Investee. Supporting various industry focus & portfolio management based on the supported portfolio’s clientele base with periodic reports to the management on main issues noted and best risk mitigation measures proposed. Functionally supervising three assistant credit managers, mentorship in order to prepare them for higher roles.

  • Medical Credit Fund Africa | PharmAccess Group
    • Tanzania
    • Financial Services
    • 1 - 100 Employee
    • Senior Business and Credit Analyst -East Africa
      • Sep 2015 - Sep 2018

      Major Tasks & Achievements: Business & credit risk analysis through due-diligence, review of financial statements, analysis of financial ratios & business model for health sector funding deals within East Africa Region with a view to assessing their viability, creditworthiness, evidence of social impact as well as adherence to ESG standards.  Participated in capital raising while ensuring MSME deals worth over US$23,000,000 are diligently assessed up-to approval leading to overall reduction of MCF’s loan portfolio at risk to less than 3.5% within that period. Initiated & collaborated with various financial institutions and MFIs in on-boarding, solutioning and risk sharing of various health-care financing requests thereby building their capacity and comfort around such transactions. Built relevant financial models to assess performance of business’s financial assets for both debt & mezzanine financing, developed forecasts in order to formulate robust numerical predictions to aid funding decisions. Section Head of the MCF Analysis Unit, supervision of two business analysts and overall portfolio management

  • Co-operative Bank of Kenya
    • Kenya
    • Financial Services
    • 700 & Above Employee
    • Corporate Credit Analyst
      • Oct 2007 - Sep 2015

      Major Tasks & Achievements: Integral in actualization of Personal and MSME financing deals worth over $5,000,000 & portfolio monitoring of over 300 clients leading to better loan collections and overall reduction of Loan PAR to a single digit; 5.4%. Diligently executed end to end MSME credit process through deal origination, due diligence, documentation, funding appraisal, presentation of investment memos, security perfection and post funding reviews. Spearheaded analysis of various financing deals some in excess of US$ 10mn apiece from various economic sectors including renewable energy sector leading to overall individual analysis of financing deals in excess of $100mn, through assessment of all inherent risk parameters, cash-flow reviews & structured funding solutions. Recommended review of the Bank’s credit manual, researching on key economic indicators, other risk factors affecting bank's lending sectors and presentation of the report to the Credit Committees of the Bank. For about eight months (2013 – 2014), was part of the select team in conjunction with the system developer that successfully developed, tested, monitored & handled post roll-out challenges of the Co-op Bank Digital Lending Mobile App targeting MSME clients currently with cumulative issued loans worth over US$1.0bn & Portfolio at Risk of less than 3.0%.

  • KCB Bank Group
    • Kenya
    • Banking
    • 700 & Above Employee
    • Graduate Trainee
      • Feb 2006 - Nov 2007

      Major Responsibilities: Undertook six-months training program learning the branch's key departments namely; cash, loans, customer service, personal & business banking – eventually being confirmed at Customer Service Role.  Diligent handling of customer queries & requests within half of the SLA period leading to improved customer experience by over 20% in my branch of operation. Major Responsibilities: Undertook six-months training program learning the branch's key departments namely; cash, loans, customer service, personal & business banking – eventually being confirmed at Customer Service Role.  Diligent handling of customer queries & requests within half of the SLA period leading to improved customer experience by over 20% in my branch of operation.

Education

  • The University of Nairobi
    Bachelors, Economics & Mathematics
    2001 - 2005
  • Kasneb
    CPA 2, Accounting
    2003 - 2004

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