Jobs Career Advice Signup
X

Send this job to a friend

X

Did you notice an error or suspect this job is scam? Tell us.

  • Posted: Mar 13, 2023
    Deadline: Not specified
    • @gmail.com
    • @yahoo.com
    • @outlook.com
  • Never pay for any CBT, test or assessment as part of any recruitment process. When in doubt, contact us

    Root Capital is an agricultural impact investor that grows rural prosperity in poor, environmentally vulnerable places in Africa and Latin America by lending capital, delivering financial training, and strengthening market connections for small and growing agricultural businesses.
    Read more about this company

     

    Portfolio Manager

    Position Overview:

    The Portfolio Manager, together with the Root Capital team, is responsible for the following activities in East Africa: actively work to identify potential borrowers; proactively make contact with loan leads and provide information on Root Capital’s credit services. Analyze loan applicants using rigorous financial, environmental, and social criteria; present loan analysis to Root Capital’s internal and external credit committees for decision; close loans, including ensuring complete documentation; monitor existing loans to ensure timely repayment; and assist in coordinating training and technical assistance on financial management to selected candidates and clients.

    Responsibilities:

    Business Development (20%)

    • Developing pipeline of qualified loan candidates in East Africa where Root Capital is present. Developing networks of referrals, including value chain actors, technical assistance providers, and trade associations. Presenting Root Capital’s credit offerings to and invite loan applications from qualified businesses
    • Assessing client’s credit and advisory needs and recommending appropriate mix of Root Capital services.
    • Actively managing and maintaining a pipeline of loan opportunities.
    • Partnership development and management for collaboration and business generation

    Underwriting and loan closing (30%), with support from the Nairobi-based Credit Analyst

    • Collecting information about loan applicants as specified by Root Capital’s credit policies.
    • Ensuring that all proposed loans meet Root Capital’s criteria for credit quality and security
    • Performing due diligence to verify client information, including conducting site visits and management interviews.
    • Conduct financial, operational and management analysis of applicant companies, working with the credit analyst in Nairobi.
    • Working closely with Credit Administration in relation to transactions involving third party lenders. Communicating and negotiating terms as required.
    • Preparing credit memos, presenting analysis, and making credit recommendations to Root Capital’s credit committees for decision-making, following Root Capital’s credit underwriting policies and procedures.
    • Applying Root Capital’s social and environmental impact criteria. ​Supporting Root Capital’s portfolio servicing personnel to close loans, including ensuring proper documentation.

    Client Relationship Management (30%), with support from the Nairobi-based Credit Analyst

    • Monitoring active loans, working with the credit analyst, to analyze client performance, track compliance with covenants and reporting requirements, and develop risk ratings.
    • Leading communication with Root Capital clients to address identified deficiencies in active loans. In heightened risk situations, collaborate with Risk Manager to devise and implement a collections strategy.
    • Customer Service management, facilitating and coordinating with Credit Admin and Treasury for all loan servicing needs, resolving customer issues as they arise.
    • Ensuring credit analyst has the information, resources, tools, and support to be effective and motivated.

    Social and Environmental (S&E) Champion (10%)

    • Provide feedback on new or revised S&E due diligence tools.
    • Be part of the team to overhaul Root Capital’s S&E metrics and data collection tools (the S&E Scorecards, SEMs, and Expected Impact Rating), in response from feedback from the Champions and others (via the Credit Process Review Survey)
    • In collaboration with S& E team to provide virtual S&E trainings for Credit and Risk staff

    Advisory Services (10%)

    • Collaborating with the Advisory Services Manager in Nairobi to address financial management weaknesses of prospective and existing clients as necessary by facilitating training provision through qualified local consultants
    • Helping to develop a training plan, and work with local trainers to ensure effective implementation.

    Performing other relevant duties as assigned.

    Required Skills and Experience:

    • Strong interpersonal, negotiation, and presentation skills.
    • A minimum of 8 years of relevant professional experience and proven track record in agricultural, SME finance, Commercial/ development Banking or Financial institutional environment.
    • University degree in Business management, Accounting, Finance, Statistics, Economics, or any other relevant field from a recognized university
    • Strong Credit Proposal Underwriting, Financial Analysis and Business Analysis skills.
    • Able to work under pressure, establish and maintain deadlines and can coordinate easily with multiple people across the organization.
    • Strong experience with Microsoft Word and Excel is necessary.
    • Strong interest in the field of socially impact investing.
    • Passionate about supporting the advancement of Root Capital’s mission of growing prosperity in rural communities in Africa.
    • Flexible to travel within rural areas of East and Southern Africa.
    • Excellent communication skills in English and fluent in Kiswahili language.
    • Authorized to work in Kenya.

    Method of Application

    Interested and qualified? Go to Root Capital on rootcapital.org to apply

    Build your CV for free. Download in different templates.

  • Send your application

    View All Vacancies at Root Capital Back To Home

Subscribe to Job Alert

 

Join our happy subscribers

 
 
Send your application through

GmailGmail YahoomailYahoomail