Project assistant – mortgage finance vacancy

Project assistant – mortgage finance vacancy
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment? The Co-operative Bank of Kenya, ‘‘The Kingdom Bank’’ is looking to fill the following positions:
PROJECT ASSISTANT – MORTGAGE FINANCE
Job Summary
Reporting to the Project Manager, the jobholder will be required to participate as part of a team in reviewing and supporting the business in processing of construction finance applications and maintenance of relationships with clients during project implementation in line with the banks business objectives
Main Duties
The key responsibilities will among others include:

• Conducting pre-appraisal reviews and communicating the findings to the Business Development Manager and the various business units.
  
• Reviewing submitted project documentation that includes but not limited to titles, approved architectural drawings, structural drawings, Nema approvals/ licenses and advising on compliance to various statutory regulations.
  
• Reviewing the profiles of the project implementation team that include the qualifications of the technical team, registration with the relevant bodies, professional indemnity covers, and value of previous works undertaken and giving advice on the capability of the appointed team in  undertaking earmarked developments.
  
• Maintaining system based ticklers for renewal of relevant project documentation such as performance bonds, contractors all risk insurance cover.
  
• Conducting initial technical analysis on projects that includes scrutinizing the bill of quantities and the approved plans with a view to advice on whether the proposed costings are in line with the current market cost estimates and adequacy of funding sought from the bank.
  
• In liaison with the project implementation teams, designing draw down schedules tailored to project implementation
  
• Reviewing submitted interim valuations and architects certificates and ensuring drawdowns are done as per progression of works.
  
• Ensuring the terms and conditions of the offer letter are adhered to during project implementation cycle.
  
• Monitoring the financial and operational performance of projects for early identification of potential problems as well as advising on timely remedial actions.
  
• Generating various management reports on performance of the construction loan portfolio.
  

Job Specification
The incumbent will be required to possess the following attributes / skills:

• Hold a bachelor’s degree in Building Economics (quantity surveying), construction management, Building Technology and any other relevant qualification within build environment.
  
• Prior experience in a construction firm will be an added advantage
  
• Good knowledge and experience in project appraisal preferably in a banking environment
  
• Computer literacy is mandatory
  
• Time management and personal organisation
  
• PC skill in Microsoft office, excel and word packages or equivalent
  

Interested candidates meeting the above criteria should forward an application enclosing detailed Curriculum vitae accompanied by copies of certificates and indicating the current remuneration to the address shown here below by 27th August 2014.
NB: Only short listed candidates will be contacted.
Please quote this reference on your application and on the envelope: MOR/ADMIN/2014
We are an equal opportunity employer.
The Director – Human Resources Division
The Co-operative Bank of Kenya Ltd
P.O. Box 48231-00100

Nairobi