Credit Analyst at Kimisitu Sacco Jobs In Kenya
Job Description
You will be responsible for preparing loan applications, evaluating clients' financial information, calculating risk ratios, and having a good understanding of lending procedures and member service experience.
Main Responsibilities
- Processing and appraising of loan applications.
- Preparing and submitting remittance advices to members and payroll officers upon disbursement of members’ loans and advising them on deductions to be cleared.
- Provide member support during loan applications.
- Preparing timely and accurate loans reports.
- Monthly promotions on loan products in liaison with the Marketing Department.
- Security perfection of both property and Motor vehicle that is, for motor vehicles must ensure joint registration and for property, charge of property before disbursement.
- Offer members with alternative solution if they cannot qualify for the applied loan category or levels.
- Frequently follow up on pending loans to ensure compliance.
- Discharge of collateral after successful clearance of loans.
- Verify applicant’s employment information with the employers to confirm the authenticity and ability.
- Support members and other stakeholders on general inquiries on loans.
- Handle member complaints and take appropriate action to resolve them.
- Participate in office committee membership as constituted from time to time.
- Participate in member recruitment drives.
- Assist in debt collection.
- Advise members whose applications have been deferred or rejected promptly and as advised while giving the applicants reasons for rejections.
- Maintain confidentiality of member’s loan information.
- Build and maintain professional relationships with the contact person in the member organizations
- Perform any other responsibility as assigned.
Knowledge: Qualifications & Experience
- Bachelor’s degree in business administration, finance or its equivalent
- CPA (II) holder or its equivalent.
- Minimum of 3 years of relevant experience working in a financial institution
- A diploma in Cooperative Management will be an added advantage.
- Financial management capability and investment.
- Proficiency using ERP system.
Personal Attributes required for this role:
- A person of integrity
- Good communication and interpersonal skills.
- Excellent analytical and reporting skills
- Excellent problem solving and decision-making skills
- Attentive to details.
Key Relationships:
Direct Reports to this Role:
- None
Internal Contacts:
- All departments
External Contacts:
- Members
- Vendors