Scheme Administrator
JOB PURPOSE.
The purpose of the role is
to implement business strategy for monitoring and growth of quality and high
yielding Consumer Loans Book by providing proactive management of all Schemes
and ensure that:
Key Responsibilities
- Liaising
with HR managers for Check off deductions and assisting in cross
selling to ensure that customers utilize as many Caritas Microfinance Bank
products and services.
- Strategic
input and planning. Preparing the schemes sector budget for approval and
contributes to the overall control of expenditure by monitoring costs and
reporting on performance against budget variations
- Ensure
that the customers utilize the facilities and loan repayments are up to
date
- Sales
& Business Development. Full responsibility for all product
lines and all sales and business development for the schemes business.
- Develop
business opportunities and monitor Monitoring scheme loans/check off
performance for each scheme on monthly basis with a view of increasing the
utilization and minimizing default and ensure that the Bank remains
competitive and promptly reacts to changing market conditions and customer
needs.
- Ensuring
that Caritas Microfinance Bank deductions for global check offs are
adopted and following up on any that have not been adopted.
- Deliver
and collect confirmed customer loan applications that require employer
sanction/confirmation.
- Follow
up on Scheme loan repayments/Check off/Salaries.
- Gathering
market intelligence on Scheme arrangements to maintain a competitive edge
for the bank.
- Ensuring
compliance to the Environmental Social Management (ESM) policy and
procedure in day to day bank business.
- Relationship
Management. Develop a focused relationship management plan, which
increases the banks’ ability to increase the flow of scheme business and
generate lending and revenues from existing and new customers in line with
Branch Banking schemes strategy
- Product
& process innovation. Increase product penetration for the customers
under Schemes by reviewing their portfolios periodically to determine
potential cross sell opportunities, deepen existing relations, solicit for
new business and proactively recommend new products to the
employers/customers.
- Monitor
market and competitor activities to identify opportunities for new
customer acquisitions and enhanced Bank’s market share.
- Position
existing products and services in the market to grow Caritas Microfinance
Bank wallet share.
- Risk
Management. Ensure branches are compliant with both internal and external
regulatory requirements as guided by Enterprise Risk Management.
- Work
closely with risk and compliance units to ensure effective controls to
mitigate against operational and business risks.
- Ensure
implementation and compliance with operational policies and procedures,
AML/CFT Policy.
- To
ensure Bank policies and procedures are followed – Consistency in
adherence to KYC & AML guidelines and application of established
policies, processes, and tools to achieve optimal efficiency, compliance,
and cost optimization.
- Timely
preparation and submission of all Performance monitoring reports and any
other reports that may be required from time to time.
- Monitoring
of the facilities and accounts under the Schemes to ensure PAR is
maintained at acceptable standards.
- Monitoring
& Reporting. Preparation & Analysis of daily and weekly
data/reports to assist Consumer/Check Off Scheme, SME & Micro in
meeting the performance targets.
- Administration.
Periodic review of MOU performance and making necessary recommendations to
the credit committee.
- Induction
& Training of branches on all the Consumer/Check Off Scheme bank
products and services.
- Monitor
Daily Performance reports for branches check off schemes.
Qualifications
- Holder
of bachelor’s degree in a business-related field.
- 5
to 6 years’ banking experience years of experience in the same position
- Professional
banking qualifications will be added advantage
- Credit
Risk Management & Branch Operations are added advantages
- Understanding
of the Banking & Financial environment
- Knowledge
of lending products and prudential guidelines.
- Ability
to lead teams and deliver business results.
- Must
be self-driven; possess excellent administrative, communication and
interpersonal skills, strong organization, and negotiation skills.
How to Apply
Interested candidates who
meet the criteria above are encouraged to send their application letters and detailed
CVs to: Email: recruitment@caritas-mfb.co.ke. Kindly indicate the
position title on the subject line when applying. Closing date for application
will be on 10th March 2023.
