Inkomoko Investment Officer - Dadaab Jobs in Kenya

Inkomoko Investment Officer - Dadaab Jobs in Kenya

About the Opportunity

Inkomoko Kenya Investment Officer is responsible for the items below:


Due Diligence and Investment Preparation

  • Respond to inquiries from prospective borrowers; support them to apply for our facility/investment products.

  • Introduce the investment products to entrepreneurs, explaining the requirements for repayment and the seriousness of taking on debt financing.

  • Conducts investment appraisal, collects detailed information (personal, business, and guaranties), and arranges to open a new investment account.

  • Prepares and executes investment contracts and arrange for disbursement of investment in kind.

  • Conduct due diligence on prospective borrowers, including site visits, document preparation, coordination with the Business Development Advisors and Business Associates, etc.

  • Communicate all materials to the Portfolio Manager, and assist in preparing credit reports for Investment Committee meetings.

  • Take photos of entrepreneurs, have them sign photo waivers, and ensure entrepreneurs’ stories are posted on the Kiva platform for fundraising with all correct information.

    Portfolio Management

  • Offer excellent customer service through daily conversations, correspondence, and site visits as needed to maintain strong positive relationships with borrowers.

  • Work with the Inkomoko Kenya Business Development Services team to ensure borrower success, and Visit clients for monitoring.

  • Maintain both delinquency and default rates below set rates during yearly goal setting,

  • Track information about borrowers and communicate effectively with key stakeholders about client status.

  • Actively participate as a key staff in the weekly Portfolio Review Meeting.

  • Maintain a tracking system of borrower payments and contact information.

  • Work with the Finance & Admin team to produce invoices for payments and monthly reconciliation of investment department transactions.

  • Interact with government leaders, court systems and others for follow up on lack of payments.

  • Ensure that we are adhering to the requirements of our Kiva partnership, including reporting and journaling.

  • Other duties as assigned by supervisor
    Investment Management System]

  • Update both disbursements and investment repayments in the Investment Management System (LMS-powered by odoo)

  • Maintain and demonstrate proficiency with investment software applications

  • Work with system providers to utilize applications to fullest capacity, streamlining processes and procedures, ensuring accuracy and compliance

  • Assist with system parameters and design to meet the needs of multiple departments.

  • Manage user security access

  • Ensure proper segregation of duties,
    develop and maintain work flows for all stages of investment

  • Advise the Management team how to automate key lending processes

  • Supervise all aspects of the investment operations. This supervision includes posting of payment, payoffs, and balancing, disbursing investment funds

  • Ensure lending team is provided with updates and procedural changes

  • Participates in the review and recommendations of operational systems and procedures

  • Successfully interact with lending staff to improve accuracy and efficiencies of Investment management system

  • Prepare related reports and administer the system

  • Other duties as assigned by supervisor

    Minimum Qualifications

    Investment officer will be a trusted partner of Inkomoko Kenya clients, and basic qualifications Include:

  • University degree in Finance or other related field,

  • Must speak fluent English and Swahili. Knowledge of other Somali language is a plus,

  • Experience in Islamic lending and practice is an added advantage,

  • Strong financial and accounting skills; familiarity with business financial policies in Garissa/Kenya

  • Experience in investment management, microfinance, capital leases, and access to finance for Micro businesses and SMEs is STRONGLY preferred.

  • Prior experience dealing with customers/debt,

  • Prior experience in a lending environment,

  • Experience providing business advice to entrepreneurs,

  • Prior experience in Investment management system software,

  • Decisive individuals with ability to deliver unpleasant messages to the debtors and assertive enough to get the debtors pay off the entire debt,

  • Experience in managing difficult clients and reaching positive outcomes,

  • Very strong attention to details and good follow through,

  • Comfort with the civil court system, and previous experience in litigation preferred,

  • Unrelenting perseverance, personal integrity, and critical thinking skills,

  • 2+ years of work experience in relevant or applicable field,

  • Must be able to legally work in Kenya.

    How to Apply

    For more information and job application details, see; Inkomoko Investment Officer - Dadaab Jobs in Kenya

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