Credit Officer Job in Nairobi, Kenya

Job Title: Credit Officer 
 
Location: Nairobi, Kenya
 
Reports To: Credit Manager
 
About Sanergy:Sanergy is an award-winning social venture that builds healthy, prosperous communities by making hygienic sanitation accessible and affordable in Africa’s urban informal settlements. 

Our systems-based approach to solving the sanitation crisis involves five key steps: we build a dense network of franchised micro-entrepreneurs, who operate low-cost, high-quality waterless sanitation facilities – called Fresh Life – as small businesses. 

We provide critical support services – such as access to finance, business analytics, training, and marketing. We collect the waste regularly and safely remove it from the community. We convert the waste into valuable by-products, such as organic fertilizer and renewable energy. Finally, we sell the by-products to Kenyan farms.


Since November 2011, we have launched nearly 700 Fresh Life Toilets to a network of more than 300 Fresh Life Operators. We have collected and converted over 3,500 tons of waste. At the same time, we have built a team of over 200 people. 

For our work, we have been recognized by Fast Company as one of the 10 Most Innovative Companies in the World Doing Social Good and one of the 10 Most Innovative Companies in Africa.
 
Responsibilities: The Credit Officer will be a member of Credit Team for the Fresh Life network.

In partnership with Kiva, and in collaboration between our Sales & Operations Team and Finance Team, the Credit Team offers loans to prospective Fresh Life Operators. 

The Credit Officer will be fully responsible for loan appraisal and management. 

This includes loan initiation, credit monitoring, and delinquency management.

Key Accountabilities
  • Interview, analyze and recommend customers for loans to the credit committee
  • Conduct due diligence by assessing the customers’ assets, creditworthiness and collateral provided
  • Preparation and presentation of reports to the Credit Manager on a weekly basis
  • Liaise with Credit Manager to maintain loan schedule and perform portfolio at risk analysis on a weekly basis
  • Assist customers in completing the loan application
  • Collecting and entering the profiles for Kiva loans
  • Responsibility for performance of assigned loan portfolio
  • Ensuring timely collection of loan repayments
  • Follow up on payment on overdue customer accounts.
  • Issuing receipts and reports to Fresh Life Operators regarding account status
  • Updating internal payment accounts
  • Other duties as assigned
Key Deliverables
  • PAR 2% 30 days
  • Portfolio and client status reports
  • Loan application presentations to Credit Committee
  • Weekly/periodic client visits
Requirements
  • Bachelor of Commerce or other business related degree from a recognized university
  • Credit Experience in small, medium or large MFI having managed a portfolio of at least 200 customers and Kshs. 5 Million
  • 2 years micro-credit experience in group and individual lending
  • Experience and knowledge of credit evaluation
  • Debt collection experience
  • Proficiency in MS Office Suite
  • Good financial analytical skills and attention to detail.
  • Good communicator (oral/written in English & Swahili)
  • A team player with great presentation skills
More fundamentally, we believe that we are on the cusp of transformative change, and we seek people who believe their skills will bring about that transformative change.

We welcome your application-cover letter and CV


CLICK HERE to submit your application online