Vacancy title:
Portfolio Manager - Garissa/Dadaab
Jobs at:
African Entrepreneur Collective (AEC)Deadline of this Job:
23 October 2022
Summary
Date Posted: Thursday, October 13, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
About the Opportunity
Portfolio Manager will be a trusted partner of Inkomoko Kenya clients with the responsibilities below:
Responsibilities
Due Diligence And Facility/Investment Preparation (40% Time)
• Respond to inquiries from prospective borrowers, support them to apply for our investment products,
• Introduce the investment products to entrepreneurs, explaining the requirements for repayment and the seriousness of taking on debt financing,
• Conduct due diligence on prospective borrowers, including site visits, document preparation, coordination with the Business Development Associates and Business Associates, etc.
• Communicate all materials to the Senior Portfolio Manager/ Regional Portfolio Director and assist in preparing credit reports for Investment Committee meetings,
• Take photos of entrepreneurs, have them sign photo waivers, and post their stories on the Kiva platform.
Portfolio Management (40% Time)
• Offer excellent customer service through daily conversations, correspondence, and site visits as needed to maintain strong positive relationships with borrowers,
• Work with Business Development Services team to ensure borrower success, and Visit clients for monitoring,
• Track information about borrowers and communicate effectively with key stakeholders about client status,
• Actively participate as key staff in the weekly Portfolio Review Meeting,
• Maintain a tracking system of borrower payments and contact information,
• Interact with government leaders, the court system, refugee’s and host communities’ stakeholders and others for follow up on lack of payments,
• Work with the Finance Director/Senior Finance Associate to produce invoices for payments,
• Ensure that we are adhering to the requirements of our Kiva partnership, including reporting and journaling,
• Other duties as assigned by supervisor.
Team And Growth Management (20% Time)
• Supervising and training Investment Officers staff in all steps of the investment granting cycle including:
• Acquisition and screening of potential clients,
• Active monitoring of investment repayments and overall performance,
• Investment assessment, appraisal and disbursement.
• Chairing credit/facility committees under the portfolio manager’s approval rights.
Minimum Qualifications
• University degree in Finance or another related field
• Must speak fluent English and Kiswahili. Knowledge of other local languages will be an added advantage
• Experience in Islamic lending and practice is preferred
• Experience in investment management, microfinance, capital leases, and access to finance for Micro businesses and SMEs is STRONGLY preferred
• Experience in lending, group savings is strongly preferred
• Experience in lending products development is a MUST
• Experience in managing investment staff
• Experience providing business advice to entrepreneurs and dealing with customers/debt
• Prior experience in using Investment management system software
• Decisive individuals with the ability to deliver unpleasant messages to the debtors and assertive enough to get the debtors to 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, collateral registration and previous experience in litigation is preferred
• Unrelenting perseverance, personal integrity, and critical thinking skills.
• 5+ years of work experience in the relevant or applicable field
• Must be able to legally work in Kenya
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
• Interested and qualified? Click here to apply
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