Summary
Overview
Work History
Education
Skills
Timeline
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Paul Nyachoti

Summary

Diligent [Job Title] with over [Number] years of experience maintaining seamless business operations. Smoothly administers budgets, trains staff and monitors procedures to maximize efficiency and balance objectives with operational requirements. Exceptional skills in inventory management, loss prevention and vendor negotiation.

Overview

15
15
years of professional experience

Work History

Assistant Manager Business Support and Recoveries

ABSA BANK KENYA PLC
NAIROBI
02.2019 - Current
  • Delivery of turnaround
    strategies to a portfolio of predominantly Large Corporate customers experiencing
    financial stress as well as the delivery of recovery strategies to a portfolio of
    Large Corporate Customers experiencing financial distress.
  • Responsible for determining the objectives, strategies and actions that need to be adopted to address business-risk issues, reduce the
    Bank’s risk, and achieve long lasting turnaround solutions for corporates experiencing financial distress.
  • Actively manage customers, through customer visiting, to ensure business and banking
    risk issues are addressed in a timely manner.
  • Analyze / appraise lending propositions, customers’ plans / strategies and budgets & cash
    flow - sensitivity analysis.
  • Develop network of contacts internally and also with local external professionals in order to
    maximize effectiveness in assisting customers.
  • Where appropriate, manage the use of professionals including accountants, turnaround
    managers, solicitors and property professionals, obtaining customer’s agreement to their
    use, preparing instructions and reviewing results.

MARKET RISK ANALYST

ABSA BANK PLC
NAIROBI
01.2018 - 02.2019
  • Familiarization with Front-Office dealing strategies/activities and products.
  • Daily calculation of Traded Market Risk Sensitivities such as PV01 & NOP exposures against the approved limits
  • Proactive monitoring and escalation of potential breaches to traders for remediation.
  • Carrying out Intraday NOP Limits Checks as per policy requirements.
  • Holding of regular engagements with the Trading team to among others evaluate risk in the portfolios and necessary actions to take against set MAT triggers
  • Timely preparation of monthly reports to ensure tracking of the proposed parameters as well as presentation to the various Risk committees -Monthly/quarterly dashboard which informs board decisions.
  • Simulations of large trades in the pipeline to establish need for additional limits.

RECOVERIES TEAM LEADER

ABSA BANK PLC
NAIROBI
01.2009 - 01.2018
  • Manage a team of 27 people in ensuring effective collection and recoveries of both the charge-off and post write- off portfolio in order to meet impairment targets.
  • Develop, extract and analyze daily MI to identify each collectors’ trends aimed at proactive management of performance.
  • Maintain a high performing team through constant coaching of staff on any new processes or on identified areas for improvement.
  • Outsourcing of accounts to Law firms and DCA’s and performance management of the external debt collectors.
  • Review and signoff of vendors invoices.

Education

MBA - Business Administration Strategic Management

UNIVERSITY OF NAIROBI
NAIROBI
12-2014

Bachelor of Arts - ECONOMICS

EGERTON UNIVERSITY
NAKURU
08-2005

Skills

  • Strong analytical skills and attention to detail
  • Good communication skills
  • nnovative approach to problem-solving
  • Ability to quickly learn new systems, processes/procedures
  • Proficiency in Microsoft office packages
  • Ability to work effectively under pressure
  • Excellent interpersonal and team-working skills
  • Strong planning and organizational skills
  • Integrity, confidentiality, commitment to service and respect for diversity

Timeline

Assistant Manager Business Support and Recoveries

ABSA BANK KENYA PLC
02.2019 - Current

MARKET RISK ANALYST

ABSA BANK PLC
01.2018 - 02.2019

RECOVERIES TEAM LEADER

ABSA BANK PLC
01.2009 - 01.2018

MBA - Business Administration Strategic Management

UNIVERSITY OF NAIROBI

Bachelor of Arts - ECONOMICS

EGERTON UNIVERSITY

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Paul Nyachoti