CREDIT OFFICER REF: (SS/CO/05/24)
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.
