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Credit Operations Manager: MYC4 Jobs in Kenya

MYC4 is an online marketplace that connects people from all over the world with African businesses, which lack capital to develop.
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MYC4 works through Partners located in different countries in Africa who are responsible for managing the funds on behalf of MYC4 investors. In order to offer more effective and tailor-made support to our Partners.
MYC4 is looking for a Credit Operations Manager to support our partners in East Africa.
Duties and Responsibilities
  • Develop and perform portfolio review of all partners on a regular basis
  • Provide quality control on loan products being funded by investors
  • Define internal control standards with MYC4
  • Guarantee adherence to MYC4’s minimum standard and policies on credit
  • Ensure robust credit policies at provider/partner level
  • Develop fraud detection, deterrence, mitigation and recovery strategies
  • Define minimum standards for collection at Partner level with close monitoring of all collection cases
  • Monitoring the relationship between borrowers and providers and setting up limits for loans renegotiations between borrowers and providers
  • Provide legal and compliance oversight
Selection Criteria

  • Bachelors degree in finance, economics or related social sciences
  • A minimum of five years experience in credit administration gained from a microfinance institution or a bank or minimum five years experience in consultancy work in microfinance
  • Proven ability to work in a team and multicultural environment, with minimal supervision and to deliver high quality work within deadlines, and to meet team objectives.
  • Excellent oral and written communication skills in English
  • Excellent interpersonal skills.
  • Willing to travel within East Africa
Remuneration commensurate with qualifications and experience will be negotiated with the selected candidate.
If you meet the above criteria, kindly send your application letter and resume to:
The Regional Director, East Africa
MYC4 Nairobi Office
Kilimani Business Center
Kirichwa Road, Nairobi
Or email: or
To reach us on or before July 14th 2010.
Only shortlisted candidates will be contacted.

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