Faulu Kenya Deposit Taking Microfinance Limited is a dynamic
Christian organization within the Micro-Finance sector.
Faulu was the first Micro Finance Institution in Kenya to be
licensed by the Central Bank as a deposit taking institution.
Senior Credit Officer - Quality Assurance & Compliance
Job Ref: HR: 019/10/2013
1 Vacancy
Job Summary: Working
closely with the Credit Administration Manager, the job holder will ensure
compliance with internal credit policies and procedures, best practices and CBK
prudential guidelines to facilitate management of credit risks within tolerable
levels.
He/she will ensure the quality of all loans disbursed within the
organization.
Key Responsibilities
·
Ensure all disbursed loans comply with the laid down credit
policies and guidelines
·
Monitor all loans company wide and recommend corrective actions
where necessary.
·
Ensure that all disbursements meet the set quality standards to
avoid any loan losses to the organization
·
Continual checks for quality assurance in the company’s credit
processes
·
Ensure reconciliation of all system entries in relation to
credit processes
·
Ensure all offer letters have been reviewed for errors and
omissions, compliance with the laid credit policies and procedures and
guidelines issued from time to time regarding administration of credit.
·
Ensure that non-compliance issues and irregular transactions for
each branch are escalated for further action.
·
Ensure that reversals are initiated and / or immediate recovery
of loans found to be inadequate and in contravention of credit policies and
procedures and escalate them for further action.
·
Ensure that loans maintained in the system are properly
captured, all charges collected.
·
Ensure batch proof within 12 Hours for all loan disbursed at
credit administration department and confirm that loans have been correctly
keyed in, all charges collected, disbursement conditions met and any errors
corrected.
·
Generate compliance reports for use in decision making and
performance appraisals
Requirements:
·
Business Related degree a must. Additional ICT and Credit
Qualifications desirable.
·
At least 3 years experience in credit analysis and debt
collection with at least 2 years supervisory experience
·
Knowledge in accountancy an obvious advantage
·
Proficiency in T24 skills with Practical experience in Lending
Personal Attributes
·
Assertive with excellent interpersonal skills
·
Honest with high degree of confidentiality
·
Analytical mind with vast knowledgeable on the Financial
services sector
·
Speed and accuracy highly valued
·
Highly organized, Creative and Innovative
·
Proactive, fast decision maker with excellent team leadership
skills
Quality Assurance Officers
Job Ref: HR: 018/10/2013
8 Vacancies
Job Summary: Working
closely with the Senior Credit Officer - Quality Assurance and Compliance, the
job holder will ensure compliance with internal credit policies and procedures,
best practices and CBK prudential guidelines to facilitate management of credit
risks within tolerable levels.
He/she will ensure that ALL loans approved by the branch credit
committees follow the laid down procedures, are complete in all material
aspects and safeguard the institution.
Key Responsibilities
·
Ensure all loan forms comply with all laid down credit policies
·
Monitor loan disbursements company wide and initiate actions
where discrepancy occurs
·
Review the offer letters for compliance with the laid credit
policies and procedures and guidelines issued from time on administration of credit
·
Loans monitoring and advising of corrective actions to be taken
where necessary.
·
Monitor system logs and ensuring compliance with the set down
credit policies and procedures
·
Ensure sanction conditions in offer letter are met before
disbursement and that disbursement conforms to the set policies
·
Log in issues of concern from each branch and escalate to the
branch manager, credit administration department management for further action.
·
Initiate reversal and / or immediate recovery of loans found to
be inadequate and in contravention of credit policies and procedures and
escalate the same.
·
Responsible for communication for additional or missing
documents, perfection of securities / conditions within set timelines.
·
Ensure that the loans are well maintained in the system, all
charges collected and loan pay offs cleared.
·
Generate compliance reports for use in decision making and
performance appraisals
Requirements:
·
Business related Degree a must. Additional ICT and Credit
Qualifications desirable
·
At least 2 years experience in credit analysis and debt
collection
·
Knowledge in accountancy an obvious advantage
·
Proficiency in T24 skills with practical experience in Lending
Personal Attributes
·
Assertive with excellent interpersonal skills
·
Honest and high degree of confidentiality
·
Analytical mind with vast knowledgeable on the Financial
services sector
·
Assertive
·
Speed and accuracy highly valued
·
Highly organized, Creative and Innovative
·
Proactive and fast decision maker
If you meet the above criteria, send your application letter
accompanied by an updated detailed C.V. explaining how your experience,
character and skills fit the above positions to the email address below so as
to be received by 8th November, 2013.
Please include your daytime telephone number and 3 referees one
of whom must be a spiritual leader.
All applications should be sent via email with the email subject
as the position title to excitingcareers@faulukenya.com
Only shortlisted candidates will be contacted.
