Loans Officer at Co-operative Bank of Kenya

Our client, a medium-sized Sacco in the Republic of Kenya with nine branches in different towns, wishes to recruit suitably qualified and experienced individuals

Job purpose

Reporting to the Branch In-charge, the Loan officer is responsible for key aspects of credit management in the Sacco, including loan appraisal, disbursement, documentation, monitoring, follow-up, and recovery.

Main duties and responsibilities 

1. Receive and review loan applications for completeness and accuracy;
2. Data entry, appraisal and recommendation of loan applications received;
3. Customer Service and handling of credit enquiries;
4. Maintaining a good quality loan book through loan monitoring, follow up, issuance of demand notices and recovery; and
5. Business development and loan book growth.

Key Qualifications & Experience

• Diploma in Co-operative Management/ Banking or equivalent in a related field;
• A Bachelor’s degree in Finance or a business-related field will be an added advantage; 
• Skills in marketing and business development will be an added advantage; 
• Must have a current certificate of good conduct; and
• At least one year of experience in a similar role in a Sacco environment.