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Job Description

JOB TITLE: CREDIT OFFICER 

Department/Section: Operations Reporting to Operations Manager Job  Purpose:  The  Credit officer is responsible for all matters relating to loan appraisal,  credit, administration, loan repayments, and recoveries.  Scope of work/duties  

 

Responsibilities

  •  Implementation of sound policies, strategies, and systems that will ensure effective and efficient execution of lending and repayment of loans functions in the Sacco. 
  • Preparation of annual work plan and budget for loans lending and repayments. 
  •  Advise members on loan products to apply as per credit policy. 
  • Marketing of Sacco loans and saving products.  
  • Handle assigned member inquiries related to loan management. 
  • Appraise loans in accordance with the provisions of the Sacco credit policy and advice members appropriately. 
  • Prepare data for recovery to payroll (checkoff) and other companies and reconcile the received remittances.
  • Continuously monitor and accurately report the performance of all loan categories to ensure adherence to repayment schedules and promptly initiate a recovery in the event of default. 
  • Follow with members who have delinquent loans via telephone, emails, and letters as per the lending policy. 
  • Facilitate security perfection of all collateral-based loans. 
  • Ensure all loans schedules are sent to insurance on a monthly basis.
  • Monitor performance of loans and recommend remedial measures. 
  • Prepare CRB listing notification and prompt listing of delinquent loans.   
  • Dealing with all inquiries from members on their loan statements on both phone and emails

 

Skills and Qualifications

  • Bachelor’s  Degree  in  Commerce/Business/Accounting  /Finance  or  Cooperative Management 
  • A certificate in Credit Management 
  • A minimum of seven (7) years experience as a Credit Officer in a deposit-taking Sacco or other financial institutions. 
  • Computer Literate Experience.   

 

Job Details

Level : Senior level
Industry : Business
Salary : Confidential
Experience : 7 Years
Applications : 1
Locality : Nairobi, Kenya
Eligibility : Bachelor
Company : Kaziweza limite...
Posted By Kaziweza limite... / 30 Nov 2021

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