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Microfinance Jobs in Kenya - SACCO

Credit Manager

Nrs Sacco is a modern Sacco which encourages a saving culture of all our members contributing positively to the economy of our country. NRS Sacco brings on board a variety facilities, products and services that are tailor made to fit the needs and enhance the economic welfare of different categories.
Job Summary:
Reporting to the Business Development & Administration Manager the job holder will be responsible for the entire credit process from analysis, approval, disbursement, recovery and subsequent follow ups including the consistent application of credit policy, periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers, with the goal of optimizing the mix of the Sacco’s loan portfolio.


·         Maintain a departmental organizational structure sufficient to meet all goals and objectives.
·         Manage the daily operations of the credit department in an efficient and effective manner.
·         Achieve established departmental goals within defined timelines, as well as define and implement a measurement of acceptable staff performance in order to safeguard the Sacco’s loan portfolio.
·         Ensure that all securities/collaterals are perfected, charged, recorded and maintained under lock and key strong room
·         Prepare, analyse in a timely & comprehensive manner loan portfolio and give recommendations to the board as appropriate
·         Conduct various assessments and audits to ensure departmental procedures are achieving accurate and desired results.
·         Implement data clean-up procedures and corresponding changes when necessary and as appropriate to ensure correct and up to date credit data at individual and corporate level is maintained.
·         Create a credit scoring model
·         Prepare defaulters report monthly for submission to CEO/Credit committee/Board.
·         Appraise and certify all loan applications and forward the same to the Credit Committee for approval
·         Verify eligibility of loan guarantors and certify supporting documents for all loan application and advice accordingly
·         Ensure timely disbursement of approved loans in liaison with finance department
·         Ensure the recovery of outstanding amount and ensuring the process of realization of securities is handled procedurally in order to avoid delay through intermittent ligation while at the same time ensure that the defaulting client’s rights are respected in order to avoid potential risk exposure to society through litigation or adverse publicity.
·         Undertake periodic review of securities held against all non-performing facilities in order to ensure these are perfected and that no dilution happens during the debt recovery period.
·         Plan and coordinate the debt recovery process with various service providers (Lawyers, Valuers and Auctioneers) in order to avoid undue delay and recovery costs escalation.
·         For cases in court, ensure the relevant evidence in support of Sacco’s case is properly documented, shared with the key stakeholders in good time and ensuring these witnesses are well prepared with factual information for the relevant case
·         Providing periodic reports to Branch managers, Management and respective Board Committee on the recovery status of each non-performing facility, with clear recommendations on the way forward or closure.
·         Liaising with the chief accountant to ensure appropriate adjustments are made to the provisions for bad & doubtful debts per the required guidelines in order to comply with International Financial reporting standards (IFRS) requirements.
·         Generating loans periodical reports for the branch managers.


·         Bachelor’s degree in Finance, Accounting, Banking or other related subject while professional qualifications in CPA and Credit Management will be an added advantage.
·         Minimum of 3 years’ relevant experience in credit administration or loan management gained from working at management level in the field of financial institution or microfinance
·         Strong analytical skills, excellent communication, negotiation skills and interpersonal skills, focused, self-driven and attentive to detail.
·         Computer proficiency in computer application, especially in accounting packages and systems
·         Knowledge of Society’s Loans products
·         Knowledge of operation of various SACCO software systems an added advantage
·         Have a thorough knowledge of credit-related laws.

Branch Manager
Nrs Sacco is a modern Sacco which encourages a saving culture of all our members contributing positively to the economy of our country. NRS Sacco brings on board a variety facilities, products and services that are tailor made to fit the needs and enhance the economic welfare of different categories.
Job Summary: Reporting to the   Business Development & Administration Manager   the job holder will be responsible for the smooth running of the branch functionally and administratively.


·         Directing and coordinating   all operational aspects including service channels operations, customer service, human resource, administration, marketing and sales
·         Developing   and managing branch performance forecast, financial objectives and business plans in line with Sacco strategic objectives
·         Meet performance goals and metrics
·         Implementing and promoting Society products and services.
·         Increase branch share capital and grow branch loan portfolio
·         Recruit new members and reduce members dormancy
·         Monitoring and ensuring the accuracy of all branch transactions.
·         Monitoring cash levels held at the vault and by tellers on daily basis.
·         Ensuring effective and efficient customer service delivery
·         Ensuring security of employees, cash and other valuable Society assets and documents.
·         Ensuring compliance with the relevant statutory, legal and regulatory requirements in execution of branch operations.
·         Liaising with the function heads and other relevant stakeholders on issues relating to the branch.
·         Reporting in accordance with the laid down SACCOs reporting structures.
·         Any other duty that may be assigned from time to time.


·         Bachelor’s degree from a recognized University preferable in business or finance or related field.
·         Proficiency in computer skills and
·         knowledge with ERP Microsoft Navision will be added advantage
·         Sound knowledge Sacco laws and regulations.
·         A person of integrity, team player with effective communication skills.
·         Strategic thinker with good commercial acumen and ability to identify economic opportunities in changing environment and capitalize on them.
·         Excellent leadership, interpersonal and team management skills.
·         Minimum of 3 years’ relevant experience
How to Apply
Qualified applicants should send their application letter and detailed CVs, testimonials, and expected remuneration to
P.O. BOX 575-00902 KIKUYU
or send through email at
Applications by post should be received on or before Monday 16th May 2018

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