Our client, a microfinance institution seeks to recruit a suitable person for the position below
Job Title: Approvals Officer
Job Purpose: Assessment and approval of Loan applications while maintaining and recording the flow of information regarding the approval process.
Minimum Required Qualification
- Degree in Financial Management with an additional Diploma in Banking/Credit Management
- Minimum 4 Years experience in a Financial Institution/Micro Finance Institution, with previous experience in business credit assessment being preferred
- At least 2 years in a management/supervisory role in a Credit department/institution
Key Competencies
- Must be results driven, risk control oriented,
- have excellent planning and organization/work management skills,
- must be fluent in oral and written English & Kiswahili,
- excellent communication and interpersonal skills, computer literate;
- proficiency in Microsoft Office applications,
- must be Customer Service Oriented, persuasiveness/Sales Ability,
- must have teamwork/collaboration ability,
- ability to work under pressure and meet deadlines.
Key Functional Areas
- Receive all business credit applications from loan officers and ensures that approval process is completed.
- Evaluation of business credit applications in terms of product business rules and company credit criteria in a timely and efficient manner for the purpose of making an approve/decline decision.
- Direct customer contact as part of every credit application assessment
- Responsible for maintaining the integrity of the credit information and ensuring that all information is correct.
- Responsible for final approval/decline of applications and reporting approval progress.
- Contributing to the setting of credit assessment criteria in the light of collections performance and providing recommendations to enhance the product and credit assessment criteria.
Send CV to frankmconsult@yahoo.com or jobsfmc@yahoo.com