Officer Credit Administration at Rafiki Microfinance Bank

The overall purpose is to carry out post approval Credit Administration activities. The job holder will report functionally to Credit Administration Manager.

JOB DESCRIPTION

1. Preparing offer letters for review by Manager-Credit Administration and other relevant signatories.
2. Loan booking and posting of transactions in the core banking system and review of daily movement register for all transactions done.
3. Ensuring that loans are booked as per the approved terms i.e. amounts , interest rates and repayment period etc. and initiate corrective action where required.
4. Maintaining a diary in the system for disbursements pending perfection of securities and ensure follow up by the relevant Relationship officer for the perfection of such securities.
5. Maintaining database of offer letter issued to the branches.
6. Preparations of notification letters to dealers for asset finance loans and preparation of letters of undertaking for buy off loans.
7. Perform any other duty assigned by supervisor from time to time.

KEY COMPETENCIES, QUALIFICATION AND EXPERIENCE

1. Bachelor’s degree in a business course from an accredited university.
2. 1-2 years cumulative work experience in a busy commercial bank or microfinance bank with a strong bias in Credit Analysis and Credit Administration
3. Working knowledge of Trade Finance Operations will be an added advantage
4. Proficiency in computer packages – Ms Word, Ms Excel and Ms Power point
5. Attention to detail, accuracy and diligence & analytical skillls
6. Strong interpersonal skills
7. Excellent communication skills both verbal and written
8. Strong negotiation and problem solving skills
9. Ability to work under pressure