Credit Administration Officer (Micro
Credit and SME)
Responsible for Credit Analysis,
Security Perfection and documentation
The Credit Administration Officer – Through teamwork will effectively handle credit administration function operations in order to ensure a secure & profitable line of business and a quality loan book in the Micro and SME customer segment, while reporting to the Head of Credit.
Key DutiesThe Credit Administration Officer – Through teamwork will effectively handle credit administration function operations in order to ensure a secure & profitable line of business and a quality loan book in the Micro and SME customer segment, while reporting to the Head of Credit.
- Risk Management - Evaluating and understanding
of the risks associated with Individual, Micro and SME, products and
borrowers and also in terms of credit and operations.
- Appraising and making recommendations on
credit proposals and ensuring compliance with the Institution’s Credit
Policy, procedures and Service Level Agreements.
- Authenticating documentation presented for all
credit applications and ensuring that they meet the KYC requirements.
- Vetting and analyzing collaterals/securities
provided for approved facilities against facility letter’s terms and
conditions of agreed covenants for Individual, Micro and SME customers.
- Monitoring and periodic reviews of delinquent
customer and their credit lines to ensure recovery strategies are
performed.
- Ensuring that all weekly, monthly and
quarterly credit risk reports are properly prepared and presented to
management for review.
- Instructing the Institution’s external Lawyers
on securities documents to prepare, perfect and register at the various
Land and Company registries. Performing liaison role between the functions
of the Institution and the lawyers, professional valuers and insurance
companies approved by the Institution, ensuring service level agreements
agreed are adhered to.
- Instructing and following up with external
service providers on NPA matters i.e debt collectors, auctioneers, valuers
etc.
- Perusing Internal Audit, and Credit Risk &
Compliance reports to ensure that any shortcomings highlighted with regard
to NPAs have been sufficiently addressed.
- Ensuring that all related administrative
functions, most importantly file maintenance, including regular stock
inspections, call reports and periodic appraisals are performed in a
timely manner.
- Handling redemption and takeover of facilities
from and to other financial institutions and ensure terms and conditions
of undertaking are in our favor and are strictly adhered to.
- Point of contact for Branch Managers and
Credit and operations teams on queries related to securities documentation
processes, procedures and requirements as per the new land act and company
act.
Minimum qualification and experience
required:
- Bachelor’s degree or diploma in
business/Finance/Law/Social Science or related field.
- Lending and relationship management experience
in the microfinance industry to create a balance between credit risk and
customer service.
- At least two (2) years’ experience in a credit
function of a financial institution handiling Micro and SME clients.
- Have an excellent interpersonal, analytical,
organisational and people management skills.
- Sound understanding of lending in the
microfinance industry in Kenya.
- Excellent communication and presentation
skills, with outstanding reporting skills.
Application: If
you meet the above requirements, please apply in confidence to
hr@speedcapital.co.ke.
