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Credit Manager Job in Kenya

Ukulima Co-operative Savings and Credit Society Limited

Credit Manager

Job Description for Credit Manager – UC 3

Reporting to the Chief Executive officer, the person will be responsible for;

  • Processing, appraisal and approval of loans as per the credit policy and procedures.
  • Preparation of monthly reports on loaning to the management.
  • Preparation of delinquency reports as per SASRA requirements and underperforming loans reports.
  • Reporting on loans demands to ensure adequate funding.
  • Responding to members’ inquiries and complaints pertaining to loans and ensuring prompt communication to the members on their loans status.
  • Ensuring that loans granted are promptly recovered and remitted together with interests thereon.
  • Ensuring that all loans granted are adequately reported to the Insurance.
  • Ensure timely collection of remittances and proper reconciliation of debtor accounts on monthly basis;
  • Prompt notification to loanees and guarantors of the loans default and institute recovery measures
  • Establishing causes of loan defaults and advising on remedial measures.
  • Developing and maintaining a sound loan recovery system and credit management controls;
  • Preparation of the budget for the department.
  • Preparation of work plans, targets and periodic evaluation of staff performance appraisal within the department.
  • Implementation of Audit and supervisory Committee recommendations.
Academic/professional Qualifications
  • A degree in Commerce (Accounts Option) with CPA (k) and 4 years relevant experience at a senior level in a comparable organization;
  • Master’s Degree in Business Administration will be an added advantage.
  • Significant operations and financial management experience required;
  • Proven computerized financial systems skills will be a must
The Ukulima Sacco Society Ltd is an equal opportunity employer and offers competitive remuneration packages to successful applicants.

Applications in the candidates’ own hand writing stating their suitability for the positions, current salary, and copies of certificates, testimonials and identity card, a detailed curriculum vitae, day telephone contacts and names and contacts of at least three (3) referees should reach the Society on or before 23rd April 2012 at 12.00 noon and addressed to:

The Chief Executive Officer
Ukulima Sacco Society Limited
P. O. Box 44071-00100,

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