Credit Officer at Jiinue Credit Company Limited

Job Purpose: Analyzing and approving of credit facilities; mitigate credit risk by ensuring compliance to laid down lending policies and procedures.

Responsibilities for the Credit Officer Job

• Customer Acquisition/Expansion
• Responsible for sale of products geared to increase clientele base and expansion of business
• Continuous marketing of business to existing customers
• Recruiting & qualifying groups for loan scheme.
• Customers management(Satisfaction/retention)
• Responsible for ensuring that clients are handled in a professional manner; the information provided is correct and clients are correctly referred.
• Client relationship management for loan accounts
• Handle customer issues and take appropriate action to resolve them.
• Credit Administration
• Evaluation of loan applications, with reference to risk factors.
• Carrying out loan appraisals / business screening for members through visiting individual businesses, projects, client households, and group meetings.
• Ensure all applicable documentation for loan applications are received from sales.
• Prepare reports and loan statements.
• Loans Monitoring, Evaluation & Control
• Monitor loans disbursement verses repayment
• Prepare financial reports and present to the Financial Services manager.
• Education and Training

Qualifications for the Credit Officer Job

• The ideal candidate should have a Diploma in cooperative management
• A Bachelor’s degree in Commerce, Finance, Accounting, Business Administration or any other related field will be an added advantage.
• Minimum 1 year hands on experience in group and individual lending.
• Excellent computer skills and competency in Word, Excel and PowerPoint;
• Understand the Banking Act and Central Bank of Kenya (CBK) clearing procedures and prudential guidelines.
• Excellent communication skills, with outstanding reporting and analytical skills.
• Effective organizational skills and ability to handle work in an efficient and timely manner.
• Good analytical ability.