Vacancy title:
Credit officer

Jobs at:
NRS Sacco
Deadline of this Job:
Monday 16th May 2018
Duty Station:
Kikuyu,Kenya
JOB DETAILS:
Credit officer
Job Summary: Reporting to the Credit manager the job holder will be responsible for ensuring effectiveness and efficiency of all loan processes and procedures
Responsibilities

Meet with applicants to obtain and compile copies of loan applicants’ credit histories, financial statements, and other financial information for loan processing.

• Appraising and advising members on loan eligibility.
  
• Analyse applicants’ financial status, credit, and property evaluations to determine member’s financial status.
  
• Review loan applications to ensure that they are complete and accurate according to policy.
  
• Coordinating the loan processing and advising members on loan approval status.
  
• Ensuring compliance of loan procedures as per SASRA and other legal requirements.
  
• Prepare monthly refunds schedule for clients for verification by audit before making the refunds during the year
  
• Send out demand notices to defaulting clients
  
• Advise management on loan delinquency and remedial action
  
• Visit defaulting members to recover amounts defaulted
  
• Close non-performing accounts and debit the guarantors as per policy
  
• Make loan claims for insured loans with respect to deceased
  
• Giving financial advice and information to potential clients.
  
• Generating loans periodical reports for the branch manager.
  
• Monitoring Sacco loan portfolio.
  Qualifications
  
• Bachelor degree in Cooperative Business or Management or Business-related field.
  
• Diploma in business related field in combination with qualifying experience may be accepted in lieu of Bachelor’s Degree.
  
• Certified Credit Management will be an added advantage.
  
• Proficiency in computer skills.
  
• A person of integrity, team player and have effective communication skills.
  
• Excellent knowledge of computer applications.
  
• Strong interpersonal skills, outgoing personality, and ability to work independently and effectively under pressure and on strict deadlines and in a multicultural setting.
  
• Minimum of 3 years’ relevant experience in credit administration or loan management gained from working in the field of financial institution or microfinance
  Job application procedure
  How to Apply Qualified applicants should send their application letter and detailed CVs, testimonials, and expected remuneration to
  THE CHIEF EXECUTIVE OFFICER NRS SACCO SOCIETY P.O. BOX 575-00902 KIKUYU
  or Send through email at hr@nrsacco.co.ke 
  Applications by post should be received on or before Monday 16th May 2018