Credit and Business Development Officer at Micro Enterprises Support Programme Trust (MESPT)

Job Purpose

• To effectively manage the process of client identification and acquisition, Credit assessment, risk identification-mitigation and reporting, Developing appropriate credit facilities and monitoring portfolio performance for Mico-Small and Medium Enterprises (MSMEs) in Agricultural sector and Renewable Energy sub-sector.

Key Responsibilities

• Build MESPT Micro and Small Enterprises (MSEs) loan portfolio on all products through attracting and recruiting new clients.
• Maintain accurate data on all applications submitted to MESPT.
• Provide timely feedback to all credit applicants as per the policy guidelines.
• Undertake credit assessment and prepare appraisal reports as per prescribed guidelines for credit facilitation and make necessary recommendation to Credit & Business Development Manager. This includes desk reviews and onsite due diligence.
• Ensure and maintain adequate documentation of all credit cases progressed for approval.
• Capture Know Your Customer data and financial information into the institutional Credit management system.
• Prepare credit facility offer letters spelling out terms, conditions, and covenants for review by line Manager.
• Engage and coordinate with service providers such as lawyers and valuers to facilitate security perfection.
• Initiate loan disbursement process as per credit policy.
• Maintain both soft and hardcopy credit files for all successful and unsuccessful cases.
• Maintain accurate security details in security register in both hard and soft copies for signoff by the line manager.
• Undertake portfolio management to identify default triggers per case, assessment of loan penalties, actioning on measures to mitigate deterioration of portfolio at risk, initiating collection mechanism per policy including business recovery mechanisms.
• Prepare client monitoring schedule for approval by the line manager.
• Undertake monthly desk monitoring and bi-annual site visits, providing monitoring reports.
• Adhere to provisions of data protection Act and internal mechanism of data management and protection.
• Identify and document capacity gaps in enterprises and develop practical recommendations to address the identified gaps.
• Develop a mechanism for credit facilitation to informal groups and individual micro clients with clear risk mitigation models.
• Prepare quarterly departmental report in collaboration with other credit team members and share with line manager.
• Undertake and document bi-annual market scanning in the area of Agricultural Value Chain and Green financing and share with line Manager.
• Identify, document, and share with line manager possible innovative ways of improving business processes at Credit and Business Development Department.
• Identify and document key budget considerations and proposals to Credit Manager to facilitate annual budget planning.
• Develop papers on lessons learnt and case studies.
• Collaborate with teams from other departments.

Any other duties assigned by the line manager.

Key Relationships

Internal

• Programme Managers
• Programme Officers
• Procurement Officer
• Finance Team
• Communication Officer
• Administration Officer
• HR Officer

External

• Donors
• Partner organizations,
• MSMEs in agricultural and Renewable Energy Sectors

Knowledge, Experience and Skills

• At least 5 years post-qualification experience in the financial sector with exposure in micro and small business financing in Agricultural sector, Renewable Energy and Micro groups.
• Good understanding of sustainable finance focusing on both social and climate adaptation and mitigation results among micro and small businesses.
• Good communication and presentation skills, with outstanding reporting skills.
• Sound financial and analytical skills
• Good negotiation, decision-making and problem-solving skills.
• Sound understanding of the current and emerging trends in the sustainable financing.
• Sound Knowledge of financing models and instruments available for sustainable finance.
• Good data analysis skills
• Good report writing skills

Qualifications/Other Requirements:

• Bachelor’s degree in business related field, Economics, Agribusiness, Finance, Accounting or equivalent.
• Proficiency in Microsoft Office applications (Word, Excel, PowerPoint, Outlook, Access,) and statistical related packages
• Ability to handle pressure and work with minimum supervision.
• A team player with the drive to improve performance.

Behaviour

• Results Orientation towards own and team’s role in line with organizational priorities, decisive, passion and drive for high quality work
• Working with others, in a team environment, receiving and providing feedback, contributing to the team’s success, and managing conflicts if it occurs
• Self-Management, by demonstrating Integrity and credibility, leading by example, committed, knowledgeable and confident on the job functions and superior communication skills.
• Creativity: develops and encourages new and innovative solutions, willing to take risks.
• Builds and maintains effective relationships, with their team, colleagues, external partners, and stakeholders.