Job Summary

The job holder shall be responsible for the accurate analyses of loan applications and credit data, financial information, security, ability to repay loans and risk associated with extending such loans.

  • Minimum Qualification: Diploma
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description/Requirements

Job Title: Loan Officer

Primary Reporting: Credit & Recovery Manager

Department: Credit & Recovery

Location: Nairobi

Country: Kenya

Leadership Pipeline Level:

Individual Contributor & Team player



The job holder shall be responsible for the accurate analyses of loan applications and credit data, financial information, security, ability to repay loans and risk associated with extending such loans.


The holder will also support in interpretation of credit policies and procedures to the members to ensure compliance is maintained. In addition, develop innovative ways of growing the loan book.


Loans officer will offer support to the Credit Manager with quality improvement and management of lending procedures.



  • A Bachelor’s degree in Finance/Accounting
  • Diploma in Co-operative management from the Co-operative College of Kenya or any other relevant institution
  • CCP/CPA II is preferred
  • At least 3-5 years relevant experience in the co-operative movement
  • Must be computer literate especially in MS Office and Navision software.
  • ERP knowledge will be an added advantage
  • Well versed with Excel
  • Credit Skills – In Corporate business analysis and SMEs



  • Timely processing of loan applications as per the credit policy and Customer service charter requirements.
  • Provide timely financial advice and products guidelines to potential loans applicants (financial solutions)
  • Preparation and submission of accurate loan guard reports to insurance on monthly basis and deceased member claims as received.
  • Reconciliation of expected loan repayment vs actual loan repayment to identify variance with onward escalation to recovery officer for action.
  • Daily monitoring of incoming loan applications and ensuring all requirements of application are met for immediate processing.
  • Preparation and submission of monthly payroll advice on new loans to check off stations
  • Prepare and submit insider lending report.
  • Send check off schedules to employers
  • Filling Insurance schedules
  • Security discharge as per the request considering turnaround time.
  • Preparation of monthly credit reports.
  • Monthly preparation of expected loan interest report.
  • Develop and maintain relationships with clients and ensure effective communication
  • Business visit for SMEs to analyze capability of loans repayments.
  • Participate in member education forums
  • Internal marketing, develop innovative ways to make the Sacco loans more marketable and increase disbursements.
  • Ensure that the securitization process is well adhered to, and the collateral register well updated.
  • Ensuring all audit queries raised are fully closed.
  • Credit Operations & SME evaluations experiences from a bank or Sacco environment
  • Unwavering commitment to service and customer orientation
  • Marketing & Financial education in relation to SMEs needs and support


Skills and Desired Qualities

  • Ability to lead and work within a team
  • Market intelligence and business development skills
  • Demonstrated ability to develop new business opportunities and improve the profitability and competitive performance of the business
  • Excellent conflict resolution and interpersonal skills and ability to build lasting relationships with clients
  • Exceptional organization skills and a strong work ethic
  • Demonstrated ability to increase productivity and continuously improve methods, approaches, and departmental contribution


How to Apply

Interested candidates should provide an application with a detailed Curriculum Vitae, including their present or past position, current and expected remuneration, names, addresses and phone contacts of three (3) referees. With the subject; Loan Officer Application. The deadline for applications is 30th April 2022.


Only short-listed candidates will be contacted. Maisha Bora SACCO is an equal opportunity employer

Job Details

Level : Mid level
Industry : Financial Services
Salary : Confidential
Experience : 3 Years
Applications : 1
Locality : Nairobi, Kenya
Eligibility : Diploma
Company : Maisha bora sac...
Posted By Maisha bora sac... / 26 Apr 2022

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