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  • Posted: Aug 28, 2019
    Deadline: Sep 6, 2019
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Verde Edge Consulting Ltd is a new age executive HR consulting company based in Nairobi Kenya with operations running throughout the republic and the greater East Africa region. We are dedicated to revolutionizing HR practice in the new age through developing long term strategic partnerships with our clients. We are well placed to offer best breed of inno...
    Read more about this company


    Credit Officer

    Our client a fully-fledged commercial bank regulated by the central bank, offering a range of banking services including foreign exchange, current accounts and corporate finance products is looking to recruit an a Credit Officer.

    Job Description:

    This position reports to the Chief Credit Officer. The key role being to monitor the loans, advances and manage the
    credit risk.


    •  Appraisal of Credit Applications for new facilities, enhancement and renewal
    • Review of Bank’s Loans and advances to different sectors
    • Review monthly limits expiring within the following three months and call for the appropriate data to
      facilitate appraisal and approval of the facility prior to expiry.
    •  Marketing for new business.
    • Process & Issue offer Letters
    • Issue Limits- Markup/ Disbursement of funds
    • Recover commitment fee on advances and commission on Letters of Guarantee and bonds
    • Monitoring overdrawn daily positions- calling for regularization of TOD, excesses over the overdraft limit
      and overdraft balances in savings accounts
    • Ensure prompt loan repayments and chasing for repayment of liabilities on problematic accounts
    • Recovery of overdue loans and overdrafts
    • Balancing of Suspense Accounts- Suspended Interest, Local Guarantees etc., against the respective GL
    •  Provide and obtain Banker’s reports as necessary
    • Attend to renewal of insurance of insurance policies for properties, motor vehicles, machinery, equipment
      etc falling under debenture / Chattels Mortgage / Legal Mortgage
    •  Preparation of Management Recovery Reports
    • Maintenance of Facility Register and keeping it up to date at all times
    • Attend to external auditors queries relating to lending generally
    • Management of Security Documents held by the bank and, highlight anomalies and follow up for
    • Updating and maintaining Security Registers
    • Custody and maintenance of Security Documents Dockets
    • Issue of Letters of Guarantee and maintenance of Guarantee Register
    • Raising Entries generally – Commitment Fee, Guarantee Liability and Commission etc.
    •  Preparing relevant reports for Head of Treasury and Central Bank of Kenya
    • Any other duties that may be assigned by management from time to time


    • Degree in Finance, Economics or Business Management, CPA K
    • 2-3 years’ experience working in a commercial bank
    • Self-driven with good organization skills
    • Solid analytical skills, problem-solving, and decision-making skills
    • Goal-oriented, reliable, flexible, and confident
    • High levels of honesty, discretion, and integrity
    • Good interpersonal and communication skills

    Method of Application

    Attach clearance documents with Kenya Revenue Authority (KRA), Ethics and Anti- Corruption Commission (EACC), Directorate of Criminal Investigations (DCI); and Credit Reference Bureau (CRB). Applications via email, Subject line Assistant Legal Officer by 6th September 2019 5pm.

    Only shortlisted candidates will be contacted

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