KUSCCO Credit Manager Jobs in Kenya

KUSCCO Credit Manager Jobs in Kenya

Our Client, a fast growing SACCO based in Nairobi County is seeking to recruit qualified and competent staff to fill the following vacant position;

  • Credit Manager

    Primary Responsibility:

    Reporting to the Chief Executive Officer, the Credit Manager will be responsible for growth of the Society’s loan portfolio while ensuring quality and health of the loan book is maintained.

    Key Responsibilities

  • Putting in place and implementing effective credit management, monitoring, collection and recovery strategies.
  • Preparing, analysing and submitting regular reports in relation to loan applications, disbursements, repayments, overdue accounts, recovery plans and risk exposures.
  • Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations.
  • Maintain a departmental organizational structure sufficient to meet all goals and objectives
  • Manage the daily operations of the credit department in an efficient and effective manner.
  • Achieve established departmental goals within defined timelines, as well as define and implement a measurement of acceptable staff performance in order to safeguard the Sacco’s loan portfolio
  • Ensure that all securities/collaterals are perfected, charged, recorded and maintained under lock and key.
  • Undertake periodic review of securities held against all non-performing facilities in order to ensure these are perfected and that no dilution happens during the debt recovery period.
  • Conduct various assessments and audits to ensure departmental procedures are achieving accurate and desired results.
  • Implement data clean-up procedures and corresponding changes when necessary and as appropriate to ensure correct and up to date credit data at individual and corporate level is maintained.
  • Ensure timely disbursement of approved loans in liaison with finance department
  • Ensure the recovery of outstanding amount and ensuring the process of realization of securities is handled procedurally in order to avoid delay through intermittent ligation while at the same time ensure that the defaulting client’s rights are respected in order to avoid potential risk exposure to society through litigation or adverse publicity.
  • Plan and coordinate the debt recovery process with various service providers (Lawyers, Valuers and Auctioneers) in order to
    avoid undue delay and recovery costs escalation.
  • Approve loans within the limit and facilitate further approval by the CEO/Credit Committee for loans above the limit
  • In liaison with the marketing departments, develop and review the loan products periodically
  • Reviewing capacity needs, supervising and initiating training needs for the personnel in the credit department.
  • Setting and evaluating performance of credit staff across the Sacco.
  • Preforming other duties as may be assigned from time to time.

    Qualifications
  • Bachelor’s degree in Finance, Accounting, Banking, credit management or any other related.
  • Professional qualifications in Credit Management (Certified Credit Professional)
  • Diploma in cooperative management is an added advantage,
  • Minimum of 3 years’ relevant experience in credit administration or loan management gained from working at management level in a financial institution
  • Strong analytical skills, excellent communication, negotiation skills and interpersonal skills, focused, self-driven and attentive to detail.
  • Certificate of good conduct

    The application Process
  • Interested persons meeting the minimum qualifications are invited apply online
  • Candidates should also send their up-to-date CV and cover letter as one MS Word document to recruitment@kuscco.com quoting the relevant reference no. in the subject line of the email, to reach us on or before the 5th June 2019.
  • Please note that your CV should contain your current mobile contacts, e-mail address and three references including that of immediate or former supervisor.
  • Indicate in the cover letter your current and expected remuneration.
  • Only shortlisted candidates will be contacted.
  • Canvassing will lead to automatic disqualification
  • For more information and job application details, see; KUSCCO Credit Manager Jobs in Kenya

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