Credit Analyst at Kimisitu Sacco

Position Summary

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