Credit Officer at Missions of Hope International (MOHI)

OVERALL JOB PURPOSE

• The position will work very closely with the involved communities in establishing viable groups for effective delivery of credit.
• The individual will sell MOHI’s products to its target group and manage a portfolio that meets organization’s standard for healthy portfolio management.
• A Credit Officer will serve as a local business management and finance advisor.

DUTIES AND RESPONSIBILITIES.

 Sales and Marketing

• Solicits new loan accounts in accordance with specific periodic performance targets prescribed in the branch business plan;
• Conducts active marketing campaign to attract new clients;
• Orients prospective clients about MoHI’s individual loan;
• Assist in conducting market research and survey activities
• Assess market needs for product development and make recommendation to the supervisor accordingly.
• Assist in the improvement of the credit delivery strategies.
• Prepare and submit daily, weekly, monthly/quarterly reports and projections as per the set timely and periodic demands.

Management of Clients

• Implement credit policies and procedures to clients
• Facilitate formation and recruitment of solidarity groups.
• Ensure all clients contribute to the weekly and monthly loan guarantee fund (LGF) as per the provided schedule.
• Attend and add value to group meetings on weekly/monthly basis and provide regular guidance to clients.
• Give counsel and advise clients on economic and social issues and help in fostering business ethics.

Loan Portfolio Management

• Carry out thorough appraisal of all loan applications and ensure timely disbursement and recovery of loans within the set benchmarks.
• Receives loan applications and perform credit investigation on loan applicants and his/her surety/ guarantor, if any
• Conducts inspection and/or appraisal of any property being offered as collateral;
• Prepares and presents credit applications to the credit committee for approval;
• Handle outstanding loan portfolio and savings portfolio according to set benchmark standards from time to time.

Trainings and Capacity Building

• Facilitate group training to ensure understanding and adherence to MoHI’s lending policies and procedures.
• Carry out orientation and induction of new staff

Other General Responsibilities

• Ensure accurate and up-to-date data for all existing/exiting clients and all businesses.
• Establish cordial working relations with other stakeholders’ i.e. Chiefs, CDAs, NGOs and other development partners.
• Member of loan committee and is responsible for ensuring the loans approval and disbursement process is done as per policies and procedures.
• Ensure that all equipment/assets and tools assigned to him/her are properly utilized and maintained.
• Carry out any other duties that may be assigned to you from time to time by the supervisor.

Academic and Professional Qualifications & Experience

• A degree in business related field.
• Diploma in micro-finance management, cooperative management or marketing is an added advantage
• At least 2 years relevant work experience with client mobilization skills and micro-finance exposure.

Competencies/Abilities/Skills Required

• Must be a committed Christian, able to stand above denominational diversities.
• Good analytical and problem solving skills
• Demonstrates high regards for accuracy and reliability
• Good communication skills
• Group mobilization skills
• Good analytical skills
• Good spoken and written English and Kiswahili.
• Willingness and ability to work in a team environment;
• Superior knowledge in the use of PCs and in Microsoft Office applications