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
Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.
Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.
Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Jobs Kenya.
