Credit Manager Job

Banking Jobs In Kenya.

As the voice and lobbyists for Savings and Credit Cooperatives in Kenya, we at KUSCCO have been at the forefront of efforts to form and develop strong and viable SACCOs. Our key roles at KUSCCO – as the umbrella body for SACCOs – are mainly advocacy and representation. In addition, we offer SACCOs and other cooperatives financial and technical assistance, tailored to largely benefit the middle and low income earners both in Kenya’s rural and urban areas. This is a significant fraction of Kenya’s population that drives the country’s economy through the small and medium enterprise (SME) engine. We are aware of the many challenges facing SACCOs in Kenya, which includes, among others, competition from commercial banks in Kenya, insufficient capital base, lack of or slow rate of Information Technology (IT) adoption, and inefficient loan pricing strategies. We are here to address these problems and strengthen the cooperative movement in Kenya. At KUSCCO, we believe in the strength of unity and have tailored products and services to benefit all the SACCOs and their members in Kenya.

Job Purpose:

Oversee the 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.
• Champion development and review of loan products.
• Generate loan reports to the CEO for presentation to the board.
• Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations.
• Manage delinquent accounts to ensure that the Sacco complies with regulatory requirements.
• Implement and maintain a suitable credit management information system
• Manage the daily operations of the credit department in an efficient and effective manner.
• Develop, review and implement the Sacco’s credit policy.
• Ensure proper security perfection, documentation and custody.
• Ensure loan applications are reviewed and approved in line with the credit policy and the service charter.
• Ensure timely disbursement of approved loans in liaison with finance department
• 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

 Attributes

• 30 years of age and above
• Orientation towards risk management
• Excellent communication and interpersonal skills.
• Good negotiation skills
• Be of exemplary integrity and honesty
• Financial analysis skills
• Analytical and critical thinking skills
• Be decisive and possess quick judgment skills

How To Apply

Fill the online form available on the website then send your CV to  our email recruitment@kuscco.com

Applications should be received on or before 8^th May 2023 and MUST clearly state the job reference number as the subject and addressed to:

The Manager

Research & Consultancy Department

KUSCCO Limited,

P.O. BOX 28403-00200,

NAIROBI.

Only shortlisted candidates will be contacted