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Credit Officer

Others

Thika  

Published On: 18th, May 2023

Closes on: 22nd, May 2023

Job closed

More About the Job

Job Description

Our client is a well-established Sacco in Thika. They are looking to hire a competent and results oriented Credit Officer.

He She will be responsible for all matters relating to loan appraisals, credit administration, loan repayments and recoveries.


Responsibilities:

      • Ensure efficient and prompt recovery of loans disbursed and interest accrued.
      • Analyze list of members in arrears on monthly based on the number of missed instalments.
      • Communicate to members in arrears informing them of amount in arrears. Follow up through phone calls, Emails and SMS’s.
      • Work with the members on agreed payment plans and send reminders before the agreed due dates.
      • Respond to members’ enquiries on mail or phone about their loans
      • Prepare monthly reports on collections received, all follow ups done, commitment dates agreed on.
      • Conduct field visits for recovery activities.
      • Monitor progress of existing loans
      • Prepare reports of all the loans appraised and disbursed during the month
      • Review loan requests/applications from members to ensure all the required documents are availed.
      • Assess members’ ability/eligibility to access any of the Sacco’s loan products

Requirements:

      • Bachelor’s Degree in Accounting /Finance or any Business-related course
      • At least 3 years’ relevant experience in a Sacco or a Microfinance institution
      • Good knowledge of Excel spread sheets & Ms. Word.
      • Strong negotiation skills
      • Good communication and interpersonal skills
      • Good problem analysis and solving skills
      • Customer focus
      • Accuracy and attention to detail
      • Good report writing skills
      • Confidentiality, honesty and integrity
      • Teamwork

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