Brighton Mufumi, PB(SA)

Experience

• 

  CFX Bank Limited

  Jan 2008 - May 2010

  Credit Analyst
• 

  Interfin Banking Corporation Limited

  Jun 2010 - May 2012

  Corporate Credit Analyst

  Conduct a detailed risk assessment in accordance with principles for a designated portfolio and recommend to approve/rework and/or reject credit proposals so as to decision quality deals for the bankEnsure credit assessments and new assets booked maintain or improve the average rating of the portfolio and Risk Adjusted Return On Capital to maintain quality of the Banks assetsManage assigned portfolio to ensure average credit rating does not deteriorateCapture and categorize capital implications in Risk Assessment Notes associated with each type of Asset Class to ensure capital adequacy is accurately calculatedConsider proposals to ensure these are accurately legally structured in line with local and international standard documentation in order to minimize loss for the BankAssess loan proposals in the context of the prevailing macro-economic environment in order to reduce the banks’ exposure to higher risk economic segmentsInput/capture different asset types accurately in the Bank’s core banking systems to enable accurate reporting Assist risk related projects in order to ensure implemented in a manner which supports the risk management framework for the bank Show less

• 

  Untu Capital

  Jun 2012 - Mar 2021

  Leading a team of Credit Risk Analyst and credit administrators to ensure effective credit risk assessment and management. Assessment and Evaluation of Risk for all Credit Applications in the companyAnalyzing market trends to inform and train staff on financial risk matters and update the Credit Risk Policy and Procedure Manual Analyzing and recommending credit applications to the Board Credit Risk Committee.Presenting Credit Applications to the Board Credit Risk CommitteeRegular review of Lending Procedure Manuals and Credit Risk PolicyWorking with International Technical Assistance team on Financial and Credit Risk issues for lending process improvementsPreparing and Presenting Credit Risk Reports to the Board Credit Risk Committee every quarter. Implementation of IFRS9 Loan Book Provisioning and ensuring the Risk Coverage Ratio is within international benchmarks.Regular reviewing of Credit Risk documentation/agreements with the lawyers to ensure that they are bindingEnsuring that the institution’s loan book is performing as per set standardEnsuring that lending units are processing credit applications that are complete and up to expected standard. Conducting and Facilitating training and refresher courses on credit, financial and operational risk mattersAssessing customers’ Credit Risk profile using credit assessment skills, ratio analysis, cash flow projections, evaluation and judgment. Set, establish and monitor Credit Risk Limit Structures and Policies Staying informed about the legal, compliance and market-risk-related issues involved in the approval of creditEnsuring that all credit conforms to Policies and Procedures.Managing the collections and recoveries of bad loans through collections unit that reports to the Credit ManagerOther responsibilities – Chairing Management Risk Committee1. Management of the implementation of Risk Management Graduation Path. 2. Development and monitoring of the Risk Dashboard Show less OPERATIONAL EFFICIENCY1. Delegation of approval limits for branches on the basis of branch manager performance2. Participating in Management Credit Committees to ensure high quality credit decisions. 3. Participating in Head Office Credit Committees to ensure high quality credit decisions. STRATEGY IMPLEMENTATION1. Ensure goal setting for the unit is set and agreed with the team by coming up with a budget for the year.2. Engaging all managers in ensuring the budget is communicated to the rest of their subordinates.3. Communicate the strategy direction to the team. BUSINESS DEVELOPMENT & PROFITABILITY1. Weekly tracking of budget and attend to areas that need support to attain target.2. Guide the lending team on the type of products to pursue in a particular month to achieve a set goal3. Guide the lending team on the developments in the sector for potential risks or opportunities.4. Ensure new business acquisition and retention of existing portfolio is maintained at high standards.5. Managing the Branch Managers to ensure all KPI are met on a monthly and quarterly basis.6. Ensure loan portfolio quality is maintained at high level through observing the set underwriting standards.7. Ensure and keep track of product margins and yield.8. Ensure branches operate within budgeted levels in terms of operational costs.9. Write reports to be presented to the Management Committee. PRODUCT DEVELOPMENT AND CUSTOMER SERVICE1. Market study through working with Branch Managers and Marketing team to improve our product offering.2. Ensure high profitability level by having an appropriate product mix in the offering.3. Responsible for ensuring customer satisfaction4. Ensure that all customer grievances are handled and well addressed.5. Ensure that customer retention strategy and programs are being implemented. Show less

  • Senior Manager - Credit Operations (Credit Risk Evaluation & Assessments)

    Jan 2017 - Mar 2021

  • Operations Manager - Lending (MSMEs)

    Jun 2012 - Dec 2016