Kenya Mortgage Refinance Company Credit Officer Jobs
Kenya Mortgage Refinance Company Credit Officer Jobs
Purpose of the Job This position is responsible for analysing the credit data and financial information of persons
or companies that are applying for credit or loans.
Duties and Responsibilities
The duties and responsibilities are as follows:
Operational Roles and Responsibilities
Monitor compliance with covenants and agreed terms and conditions and generaloversight monitoring of accounts conduct and performance;
Ensure compliance with KMRC’s credit policies, regulatory requirements and best practice in monitoring and control of facilities;
Identification of loans that are in arrears for more than 90 days;
Offset of deposits upon default;
Recovery of defaulted loan amount from guarantors;
Liaising with debt collectors and monitoring their debt portfolio, hold monthly meeting with them to review their performance;
Preparation of demand letters and sending the same to defaulters and their guarantors within set timeline;
Liaison with new employers for defaulters for loan recovery of defaulted loans;
Preparation schedules of defaulters for submission to CRB;
Timely and accurate listing of defaulters with CRB;
Giving notice to defaulters about listing their debts with CRB before offset to guarantors;
Advice guarantors and defaulters upon receipt of demand notices;
Preparation of monthly credit reports to the Credit Manager with necessary recommendations;
Inform member organizations about available options to repay guaranteed liability;
Preparation and sending of guarantors’ certificates;
Preparation of detailed defaulter’s schedules for credit reports;
Timely refund to guarantors’ amounts recovered;
Liaising with organizations requesting loan balances; and
Repossession of motor vehicles for defaulted loans.
Key Results Areas:
The job-holders’ accountability areas are as follows:
Submission of accurate, timely and relevant reports
Continuous process improvement of services through efficient working
Enforcement of relevant
guidelines, rules and regulations
Ensure customer satisfaction for the consumers of the services offered by the department
Required Skills
Knowledge and Skills Required
The job-holder must possess:
A minimum of a Bachelor’s Degree Qualification in a Business related field
A member of the Association of Chartered Certified Accountants (ACCA) or Certified Public Accountants (ICPAK)
Minimum five (5) years’ experience in finance or a relevant field;
Professional expertise and Knowledge of loan management and credit policy
Must demonstrate high integrity and ethical practice;
Must demonstrate ability to work independently with minimum supervision;
Must be a team player who is able to work cordially in teams;
Must demonstrate ability to multitask;
Must demonstrate commitment to operational effectiveness;
Should have ability to solve problems by applying relevant business knowledge;
Should demonstrate professional expertise in the relevant work area;
Must have the ability to communicate for both written and oral communication;
Must be able to work under pressure;
Must be a flexible person, who is willing to learn and able to work flexible hours to achieve goals; and
Must have knowledge in use of MS office packages
How to Apply
For more information and job application details, see; Kenya Mortgage Refinance Company Credit Officer Jobs
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