Credit Administration Officer (Micro
Credit and SME)
Responsible for Credit Analysis, Security
Perfection and documentation
The Credit Administration Officer – Through teamwork will effectively handle credit administration function operations in order to ensure a secure & profitable line of business and a quality loan book in the Micro and SME customer segment, while reporting to the Head of Credit.
The Credit Administration Officer – Through teamwork will effectively handle credit administration function operations in order to ensure a secure & profitable line of business and a quality loan book in the Micro and SME customer segment, while reporting to the Head of Credit.
Key Duties
- Risk Management - Evaluating and understanding of the risks
associated with Individual, Micro and SME, products and borrowers and also
in terms of credit and operations.
- Appraising and making recommendations on credit proposals and
ensuring compliance with the Institution’s Credit Policy, procedures and
Service Level Agreements.
- Authenticating documentation presented for all credit applications
and ensuring that they meet the KYC requirements.
- Vetting and analyzing collaterals/securities provided for approved
facilities against facility letter’s terms and conditions of agreed
covenants for Individual, Micro and SME customers.
- Monitoring and periodic reviews of delinquent customer and their
credit lines to ensure recovery strategies are performed.
- Ensuring that all weekly, monthly and quarterly credit risk reports
are properly prepared and presented to management for review.
- Instructing the Institution’s external Lawyers on securities
documents to prepare, perfect and register at the various Land and Company
registries. Performing liaison role between the functions of the
Institution and the lawyers, professional valuers and insurance companies
approved by the Institution, ensuring service level agreements agreed are
adhered to.
- Instructing and following up with external service providers on NPA
matters i.e debt collectors, auctioneers, valuers etc.
- Perusing Internal Audit, and Credit Risk & Compliance reports
to ensure that any shortcomings highlighted with regard to NPAs have been
sufficiently addressed.
- Ensuring that all related administrative functions, most
importantly file maintenance, including regular stock inspections, call
reports and periodic appraisals are performed in a timely manner.
- Handling redemption and takeover of facilities from and to other
financial institutions and ensure terms and conditions of undertaking are
in our favor and are strictly adhered to.
- Point of contact for Branch Managers and Credit and
operations teams on queries related to securities documentation processes,
procedures and requirements as per the new land act and company act.
Minimum qualification and experience
required:
- Bachelor’s degree or diploma in business/Finance/Law/Social Science
or related field.
- Lending and relationship management experience in the microfinance
industry to create a balance between credit risk and customer service.
- At least two (2) years’ experience in a credit function of a
financial institution handiling Micro and SME clients.
- Have an excellent interpersonal, analytical, organisational and
people management skills.
- Sound understanding of lending in the microfinance industry in
Kenya.
- Excellent communication and presentation skills, with outstanding
reporting skills.
Application: If
you meet the above requirements, please apply in confidence to
hr@speedcapital.co.ke.
