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  • Posted: Nov 4, 2019
    Deadline: Nov 12, 2019
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  • Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company

    Senior Credit Relationship Officer

    Working closely with the Head of Credit he /she will ensure all consumer loan applications are verified with the employers to confirm the authenticity and ability, consumer MOU reviews, relationship and PAR management

    Qualifications

    • 4 years’ experience in credit analysis in a Consumer Lending environment, debt collection and recovery
    • Knowledge of alternative credit appraisal mechanisms and substitute securities like chattels mortgages , guarantors , stock , livestock etc
    • Knowledge in accountancy is an added advantage.
    • Business related degree.

    KEY MEASURABLE GOALS

    • Management of credit risks on consumer loans through verification with the employers to confirm the authenticity and ability.
    • Adherence to internal credit policies and loan administration procedures
    • Ensure that the PAR of the Consumer Portfolio is within target.
    • Relationship management of the designated portfolio.
    • Ensure high turnaround time (TAT) for all consumer proposals at the employers.
    • Ensuring all consumer employer relationships are maintained for prompt receipt of loan payments.

    Responsibilities

    • Ensure all consumer loan applications are verified with the employers to confirm the authenticity and ability.
    • Ensure that deduction data advice forms are submitted to the relevant employers and that all loans are fully recovered in order to maintain a quality portfolio.
    • Ensure that payment schedules are collected from relevant employers in time to facilitate loan recovery for all disbursed loans.
    • Ensure that reconciliation of payment received and the expected installments is up to date for all consumer loans.
    • Ensure that all posting schedules for payments have been received and handed over to Credit MIS for processing.
    • Ensure that all consumer relations are well maintained for smooth process flow
    • Review all existing consumer relationships and making recommendations to the management to aid quality consumer lending.
    • Follow up with the branches to ensure fulfillment of ALL Consumer MOU sanction conditions and other covenants prior to disbursement of the facilities
    • Recommend policy reviews for customer service and risk management improvement based on experiences and industry trends
    • Ensure that the quality of consumer loan book is maintained within set targets.
    • Prepare periodic reports on performance of the consumer loan book
    • Ensure the team cohesively works to deliver expected objectives
    • Do any other duties that may be assigned by the Management.

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on careers.uapoldmutual.com to apply
  • Send your application

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Average Salary at Old Mutual Kenya
KSh 137K from 3 employees
Mysalaryscale.com

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