The
Youth Enterprise Development Fund is a State Corporation under the Ministry of
Public Service, Youth and Gender Affairs established to address the challenge
of youth unemployment in the country.
The
Fund provides loans and business development services to youth owned
enterprises.
Credit
Manager
Ref: CM/1/2016
Responsible
to: Lending
Manager
Purpose
of Job: Reporting
to the Lending Manager, the Credit Manager, will head the Credit Unit and be
responsible to providing efficient and effective service to the YEDF in the
successful vet, approve and disburse loans.
Key
Responsibilities
- Coordinating
all aspects on lending cycle for the Funds Credit Products, by liaising
with Senior Credit Officer, and other officers both in Head Office and in
the field.
- Identifying
and appraising prospective Financial Intermediaries for partnership with the
Fund, Monitoring the operations of the contracted intermediaries and
advising management on their performance.
- Identify
and enlist the support of key stakeholders in monitoring and recovery of
loans to ensure quality loan portfolio.
- Continuously
reviewing the Funds products and Lending strategy and advising management
on appropriate action.
- Respond
to any queries on issues relating to the youth Enterprise Development Fund
- Formulation
and implementation of lending policies, procedures and best practices
- Monitor
and evaluate all activities in relation to lending
- Review
and design market led loan products on a regular basis
- Ensure
efficient and secure maintenance of loanees’ information in the management
information system
- Ensure
preparations of monthly and quarterly reports.
- Offer
financial advisory services to beneficiaries of the Fund’s services.
- Take
necessary actions to recover overdue loans.
Qualifications
- A
minimum of a Bachelor’s degree in a business related field, preferably in
Finance, Accounting or strategic management from a recognized university.
- Holders
of an MBA will have an added advantage.
- Over
5 years’ experience in credit operations at a senior level in a reputable
Financial or Microfinance institution.
- Specialized
training in credit, microfinance or accountancy will be an added advantage
- Possession
of good analytical and reporting skills
- Ability
to understand the key issues affecting the youth in Kenya.
- Possess
good interpersonal skills to interact with key stakeholders.
- Possess
good leadership skills with ability to manage others.
The
prospective candidate shall provide evidence of compliance with the following:
- High
integrity and meet the requirements of chapter 6 of the Constitution of
Kenya 2010
- Higher
Education loan’s Board (HELB) clearance certificate
- Certificate
of Good Conduct (Criminal Investigation Department Clearance)
- Kenya
Revenue Authority (KRA) tax compliance certificate
- Ethics
and Anti-corruption commission clearance certificate.
- Credit
Reference Bureaus clearance
How to
Apply
Those
fulfilling the requirements of the position should submit their applications
together with a detailed C.V and all relevant testimonials stating your current
position, current remuneration, expected salary, email address, telephone
contacts.
Applicants
are also expected to provide postal address, telephone and email contacts of
three references latest on the 12th August 2016.
All applications should be addressed to:
The Chief Executive Officer
Youth Enterprise Development Fund
P.O. Box 48610 - 00100
Nairobi
Youth Enterprise Development Fund is an equal opportunity employer.
Potential male and female candidates with disabilities are encouraged to apply