Job Summary
The job holder shall be responsible for preparation of customer loan applications, assessing their creditworthiness, generally managing customer relationships and loan portfolio as guided by the institution’s Credit policies and annual operating plan.
- Minimum Qualification: Diploma
- Experience Level: Entry level
- Experience Length: No Experience/Less than 1 year
Job Description/Requirements
Job Summary:
The job holder shall be responsible for preparation of customer loan applications, assessing their creditworthiness, generally managing customer relationships and loan portfolio as guided by the institution’s Credit policies and annual operating plan.
Key Duties and Responsibilities:
Loan mobilization: Supports all effort at branch level to grow assets by participating in mobilization campaigns, scheduling meetings for potential loan applicants to obtain information on loans and answering questions about the process, available loan types or credit options that are available including the terms and conditions governing borrowing.
Appraising loan files: Analyses loan applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans to be submitted to the branch credit committee in compliance with set loan standards of the institution.
Presents & defends loan file to the branch Credit committee: responsible for presenting client’s loan files and defending them with facts, business cases and analyzed information to support a credit decision to be reached by the branch credit committee .
Loan compliance: Conducts monitoring (daily) of client’s loan performance in line with agreed terms and conditions of the loan and per set credit policy and procedures at KCAASP SACCO LTD to guarantee a qualitative loan portfolio for the institution.
Reporting: Undertakes reporting (day- to-day) on all client loan compliance, non- compliance, incidents arising out of bad loans and trends in loan repayments as well as any feedback to support a qualitative portfolio.
Loan recovery efforts: Provides the leadership regarding recoveries at branch level by being accountable for client loan application process, analysis and the subsequent decisions thereof. This includes: monitoring of loan performance and reporting, KYC procedures of the client, loan collateral and recovery procedures that may arise out of poor loan management.
Loan documentation: Responsible for collecting, receiving, completing and updating all client loan files with loan information as and when needed.
Portfolio quality. The officer will be required to keep strong loan and savings portfolios for his or her members at any point in time
Qualifications, Skills and Experience:
- The ideal candidate must hold at least a Diploma in microfinance/finance/ accounting/business administration/marketing/ education/agriculture/ social development studies and any other related courses.
- Good planning and organizing, Customer service, Team work, Influencing and negotiation skills
- Business drive
- Numerate personality with strong analytical skills
- Must be trainable /fast learner
- Knowledge of the full MS Office suite
- Experience working for community development field operations/sales/SACCOs and microfinance institutions
- High level of integrity
- Ability to ride a motorcycle and with a valid riding permit
- Must be between 22 – 35 years of age
How to apply:
All applications will be received and Reviewed through Brightermonday Portal by Clicking on the 'Apply Here' section
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