Credit Officer Job in Kenya


Reporting to Head of Credit, the individual will be responsible for loan processing, loan monitoring, generating reports and initiative on improvement of service delivery.

Tasks and Responsibilities

  • Ensure strict adherence to loan policies/guidelines for issuance of quality loans
  • Ensure member’s eligibility for loaning including ability to repay and securities
  • Ensure members are advised appropriately based on their loan appraisal status/position
  • Ensure that all loans issued are effectively guaranteed
  • Ensure timely loan appraisals within set time limits and communicating feedback to members within acceptable timelines
  • Ensure timely and effective loan approval process within set limits, by presenting appraised loans for approval and approving the same in the system.
  • Ensure timely and accurate disbursement of approved loans
  • Ensure all loan forms processed, rejected, and deferred are kept safely and in member files

  • Monitor all collaterals used as for loans and ensure they are adequate and well updated
  • Ensure effective communication and advise to members on loan matters/queries
  • Ensure that new & continuing members deductions on savings, share capital and any other statutory deductions are accurate and timely
  • Ensure all employer remittances/payments to the Sacco in lieu of Sacco loan payments are received and forwarded to Finance for settlement
  • Ensure that all default notices, guarantor notices are issued on a timely manner
  • Ensure guarantor/collaterals substitutions are done accurately and in a timely manner

Minimum Qualifications and Skills

  • A Bachelor’s Degree in Accounting/Finance or a Business-Related Degree from a recognized university
  • CPA II or Credit Management Certification
  • A minimum of 3 years’ experience in a busy financial institution
  • Sound knowledge of Sacco laws and regulations
  • A person of integrity, team player with effective communication skills
  • Sound judgement and decision-making ability on lending across all sectors
  • Excellent in analytical, interpersonal and team management skills

How To Apply

Interested and qualified applicants are requested to click on the link below and fill out the online application form and submit by 20th May 2024. Any applications received after the closing date shall not be accepted.

Application Form