Director credit & risk management (x1) – Lusaka

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Employment Opportunities

The Citizens Economic Empowerment Commission a Body Corporate established under the Citizens’ Economic Empowerment Act No. 9 of 2006 to enhance broad-based economic empowerment, foster citizens’ economic ownership, control and management of economic resources, as well as to promote economic empowerment of targeted citizens is inviting applications from suitably qualified Zambians to fill the following positions:

Reporting to

the Director General, the ideal candidate will be responsible for leading the Credit and Risk Management Team and working closely with senior management and other stakeholders, develop and implement robust but flexible credit management and reporting strategies that reflect leading market practices to identify, monitor, manage and report key credit, investment and general risks, recommend, negotiate and implement appropriate credit mitigation actions including monitoring tools, agreement terms, collateral or policy changes.

Duties and Responsibilities:

  • To oversee the Credit Control and Risk function of the Commission;
  • Develop and implement a robust Credit Management Information System that provides timely information to both internal and external stakeholders;
  • Develop and implement a robust Risk Management System that efficiently and effectively responds to the enterprise risk of the Commission;
  • Develop and implement Credit Risk and Procedures Manual;
  • Develop and implement Risk Policy and Procedures manual;
  • Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate;
  • Generate the term of reference for the Credit Managers;
  • Work closely with the Credit Managers on the software used in processing of loan as well as the extraction of reports;
  • Monitor the disbursement of fund on agreed terms with the Credit Managers to support the delivery of empowerment products;
  • Monitor the Credit Managers’ performance through meetings, requests, audits and client visits;
  • Ensure the development of the Term Sheet and Loan Agreement;
  • Evaluate the compilation of quality control performance result to ensure consistent and accurate communication with financial institutions who do business with the Commission;
  • Advise management on the final loan beneficiaries; and
  • Advise management on the investment to be undertaken on the utilized funds on the Empowerment Fund for growth purposes.


  • Grade Twelve (12) Certificate
  • Master’s Degree in Business Administration, Accountancy, Finance & Investment, Banking or related field
  • At least fifteen (15) years working experience in credit management in a Bank or Micro Credit Financial Institution of which 5 years should be at senior management level

Method of Application

Interested candidates meeting the above profile should submit application letters enclosing an updated Curriculum Vitae and copies of the academic and professional certificates to the following address:

The applications must be submitted in a sealed envelope indicating the position being applied for. Note: Only shortlisted candidates will be contacted within two weeks after closure of the application period. Those who will not hear from us in the stated period should consider themselves unsuccessful.

The Director General

Citizens Economic Empowerment Commission

Plot 6457, Los Angeles Boulevard


P.O Box 35068