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18 Microfinance Jobs in Kenya - SACCO

Mwalimu National is the largest Sacco in the region with total assets in excess of 40 billion Kenya Shillings and is mandated to mobilize savings and give credit to its members.

The Society has sixteen (16) branches spread across Kenya with a membership of more than 82,000. Mwalimu National stands out as a leader in the Sacco Industry, a key and fast-growing player in the region’s financial services sector and a world-class co-operative financial institution.
The Society is an ISO 9001:2008 certified organization and was awarded the 1st runners up Financial Reporting (FiRe) Award under the Sacco Sector in the year 2017.


Mwalimu National is seeking to recruit a dynamic, ambitious, and result-oriented individual to join our team in our fast paced, modern work environment, to fill the following position:
Company Secretary / Head of Legal Department
Grade MW2
1 Position
Ref: MNS/HR/01/2018
The Company Secretary / Head of Legal Department will, report directly to the Chief Executive Officer and Chairman of the Board of Directors.
Job Purpose: To advise on legal compliance and corporate matters of the Sacco, identifying and managing legal risks, leading the compliance function and providing direction and focus while proactively advising and educating the organization on relevant legal issues.
Duties and Responsibilities
Specific duties and responsibilities will entail:
i) Preparing and organizing Board meetings in compliance with all the laws, regulations and procedures.
ii) Preparing the Agenda, Board papers, Board minutes and other Board documents including notifications and ensuring that Board members receive the documentation for the meetings in a timely manner.
iii) Keeping safe custody of minutes of the Board, the common seal. and other Board documentation.
iv) Providing professional. guidance to the Sacco’s Board, Management and staff and ensuring compliance with the required standards of good corporate governance and good practices.
v) Assisting the CEO in all legal matters pertaining to the Society.
vi) Planning, coordinating and overseeing legal advice and guidance given by the Legal office of the Society to the Board, management, and staff with a view of ensuring compliance with the Laws, regulations and procedures relevant to the mandate and operations of the Sacco.
vii) Drafting, reviewing and ensuring proper execution of all, legal documents for the society i.e. shareholder agreements, lease agreements, contracts etc.
viii) Preparing and ensuring compliance with all relevant statutory and regulatory requirements.
ix) Making arrangements for and managing the whole process of the Annual General Meeting and establishing with the Board’s agreement the items to be considered at the AGM.
x) Registering Title Documents for the Society’s properties to ensure all properties are properly accounted for.
xi) Providing pro-active as well as consultative advisory services to senior management on legal matters, policies, procedures and suggest improvements.
xii) Communicating with and discussing perceived Legal challenges with the Board and CEO.
xiii) Attending court cases for the Society as and when required.
xiv) Facilitating/assisting in debt collection and legal actions for recoveries.
xv) Settling potential legal matters before going to court to reduce on costs and possible damage to the Society’s image and reputation.
xvi) Liaising with external lawyers to facilitate progress for cases to ensure that all information necessary to the hearing of cases are available.
Key qualifications, knowledge and experience required:
For appointment to this grade, the candidate must have the following qualifications:
·         A relevant Master’s degree from a recognized University.
·         A Bachelor’s degree ¡n Law from a recognized University.
·         Advocate of the High Court of Kenya.
·         Registered Certified Public Secretary.
·         A current Practicing Certificate.
·         Ten (10) years’ experience in Company / Corporate Law / Legal affairs with at least three (3) years in managerial position.
·         Experience in the banking / financial / savings and co-operatives sector is an added advantage.
Skills and Competencies:
·         IT proficiency.
·         Analytical skills.
·         Project management.
·         Conversant with the Kenya Laws.
·         Management, organizational and leadership skills.
·         Demonstrate ability to build cohesive teams and to achieve goals through team work.
·         Decision Making.
·         Demonstrate resilience and flexibility in a demanding and fast changing environment.
·         Excellent relationship management, negotiation and networking skills.
·         Excellent communication and interpersonal skills.
·         Strategic Orientation.


Assistant Manager – Business Loans
Grade MW4
1 Position
Ref: MNS/HR/02/201 8
The Assistant Manager-Business Loans will be reporting to the Head of BOSA and Business Loans Manager.
Job Purpose: To create a more robust and result oriented business loans department through staff supervision and coordination, timely monthly reporting, improved savings and loan portfolio growth, membership increase and retention and improved turnover.
Duties and Responsibilities
Specific duties and responsibilities will entail:
·         Ensuring achievement of the departmental financial targets.
·         Preparing timely and accurate departmental reports.
·         Maintaining a quality portfolio.
·         Member loan applications approvals.
·         Ensuring timely loan disbursements, accounts reconciliation and monitoring of business loans repayments.
·         Management of defaulted loans.
·         Departmental staff supervision.
·         Periodical review of business loans applications and proposals to ensure that the loans are in line with the society’s financial policy guidelines and procedures.
·         Obtaining and compiling copies of loan applicants’ information as stipulated to facilitate Loan processing.
·         Analysing applicants’ financial status and credit evaluations to determine feasibility of granting loans.
·         Reviewing business plans to ascertain their viability.
·         Meeting with the applicant to obtain information for loan application and attend to questions about the process.
·         Ensuring that the staff follow the organization’s policies and procedures and performance contracts.
·         Providing staff guidance, mentorship and coaching on work related issues.
·         Representing the department’s issues to the senior managers.
·         Marketing Sacco products to both prospective and existing customers.
·         Conducting members’ recruitment and training.
·         Updating members on any new developments as regards products or services.
·         Monitoring products update and advice as appropriate.
·         Providing business advisory services.
·         Handling customer complaints and take appropriate action to resolve them.
Required Functional Skills and Qualifications:
For appointment to this grade, the candidate must have the following qualifications:
·         Bachelor’s Degree in business related field.
·         Certified Public Accountant (CPA) qualification will be an added advantage
·         At least 2 years’ relevant experience in a similar position.
·         Computer literacy
Required behavioural skills:
·         A candidate must be a person of integrity and demonstrate excellent interpersonal;
·         Demonstrated professional competence and capability in work performance;
·         Great attention to detail and high numeracy levels;
·         Must be able to work independently with minimal supervision as well as in a team environment;



Senior Security Officer
Grade MW5
1 Position
Ref: MNS/HR/03/2018
The Senior Security Officer will be reporting to the Head of HR & Administration.
Job Purpose: To ensure identification, detection and protection of all aspects of crime which threaten the Society’s security by either omission or commission from both internal, and external, sources.
Duties and Responsibilities
Specific duties and responsibilities will entail:
·         Developing, planning and executing the security management strategy and policies (Budget and target setting).
·         Ensuring maintenance of law and order within the Society.
·         Carrying out security assessment in all branches to identify threats and facilitate institution of corrective and preventive measures.
·         Collecting and collating intelligence information on current trends of frauds and other security breaches and advise the management appropriately.
·         Investigating all internally and externally detected frauds within the Society and reporting the same to Law enforcement agencies through the Chief Executive Officer for further action.
·         Undertaking appropriate security measures and mechanisms to guard against unauthorized access;
·         Liaising with police and other security agencies regarding security and investigative matters;
·         Supervising the Society’s contracted security services and personnel;
·         Undertaking security intelligence and investigations;
·         Carrying out training and sensitization of staff on security and safety procedures;
·         Ensuring appropriate security screening of visitors to Society’s offices.
·         Enhancing society wide fraud awareness training to all staff members
·         Liaising with other security agencies within the banking and cooperatives sector and representing the Society in various forums e.g. security meeting, Court attendance etc.
·         Developing competences and skills in the departmental/branches units and creating conducive environment that enables the society remain secure and burglar proof.
·         Performance Management in security concerns by ensuring that targets are met at set standards.
Required Functional Skills and Qualifications:
For appointment to this grade, the candidate must have the following qualifications:
·         Bachelor’s Degree in Criminology and Security Studies, Criminal and Forensic Investigation, Law, Social. Science or any other related field.
·         At least 8 years’ experience in the disciplined forces and must have served as a Non Commissioned Officer or Member of Inspectorate and above for at Least 5 years.
·         Minimum of 3years’ experience in Fraud investigations or other forensic related services.
·         Clean Discharge Certificate and valid certificate of good conduct
·         Certified Fraud Examiner (CFE) qualification.
·         Minimum age of 35 years
·         Computer literacy
·         Excellent command of written and spoken English
Required behavioural skills:
·         A candidate must be a person of integrity, demonstrate excellent interpersonal skills and be a team player;
·         Ability to maintain confidence and trust regarding sensitive issues; and
·         Demonstrated professional competence, integrity and capability ¡n work performance;


Direct Marketers
15 Positions
Ref: MNS/HR/04/2018
The Direct Marketers will report to the Marketing & Corporate Affairs Manager through your assigned Branch Manager.
Job Purpose: To ensure all Sacco products and services are promoted effectively to target audience, achieve increased membership and contribute towards achieving established income and profitability targets.
Duration of contract: One (1) year renewable contract.
Duties and Responsibilities
Specific duties and responsibilities will entail:
·         Recruiting new and active members for the Society.
·         Obtaining upwards shares variations.
·         Opening new sub accounts.
·         Bringing on board change of pay points from other banks to Mwalimu FOSA.
·         Upwards SAYE variations.
·         Mobilizing Fixed Deposits accounts.
·         Conducting post-admission follow ups and recording all concerns arising from the communicated feedback from members.
·         Marketing the Society products and services.
·         Assisting members to update their records.
·         Resolving members’ issues in Line with Society’s policies.
·         Communicating feedback on members’ enquiries.
·         Achieving the set regional monthly targets.
·         Conducting market research, marketing intelligence and monitor pricing, distribution and promotions.
·         Sending monthly itineraries to the supervisor.
·         Giving daily updates of whereabouts and indicating what was achieved the previous day.
·         Compiling a comprehensive report with detailed achievement on the field and explanation where you did not attain the target mark.
·         Promoting the Society’s positive image.
Required Functional Skills and Qualifications:
For appointment to this grade, the candidate must have the following qualifications:
·         Diploma in Business Related field.
·         A degree in Business Related field will be an added advantage.
·         2 years’ experience in sales and/or marketing.
·         Knowledge of Sacco Products and services
·         Excellent interpersonal and networking skills, internally and externally.
·         Strong Sales and relationship building skills
·         Ability to match perceived customer needs with existing Sacco products
·         Computer literacy
·         Excellent command of written and spoken English

How to Apply:
Interested persons are invited to send their application letters, updated CV, copies of academic certificates and testimonials to the undersigned on or before Friday, 4th May 2018.
Only shortlisted candidates will be contacted.
The Chief Executive Officer
Mwalimu National
P.O Box 62641-00200
City Square, Nairobi.
OR e-mail: hr@mwalimunational.coop
Direct marketing applicants MUST note that they may be posted to serve in ANY part of the country.
Mwalimu is an equal opportunity employer and shall not in its recruitment discriminate on the basis of race, religion, colour, ethnic origin, political affiliation, sex or sexual orientation, pregnancy, marital status, disability, health or social status.
Mwalimu National is regulated by SASRA.

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