Sacco/Credit Loans Assistant Job in Kenya

 We are a leading Sacco with an indisputable record of performance and a rapidly growing countrywide membership comprising mainly of professionals.

The Sacco is seeking to recruit a suitable self driven, result oriented and highly qualified individual for the position of Credit/Loans Assistant

Key Responsibilities

Reporting to the Credit officer, the successful candidate will be responsible for;

•     loan defaulters analysis
•     monitoring loan recovery
•     Registration of charges and management of securities registers.
•     Liaising with debt collectors to maximum loan recoveries.
•     Assisting in loan appraisal.

Requirements /Qualifications

    Must be aged below 30 years with at least 3 years’ experience in credit department, preferably in a Sacco
    Must be in possession of a degree in business related courses and a holder of CPA(K)
    Knowledge of ERP Systems will be an added advantage

Interested and qualified candidates should send their applications and detailed CV highlighting relevant experience, current and expected remuneration, daytime telephone contact and contacts of three referees to recruitment.sacco@gmail.com with the name of position in the subject line by 5.00pm 10th
October, 2012

Only the shortlisted candidates will be contacted.

ABC BANK CREDIT ANALYST JOB IN NAKURU, KENYA

Job Title: Credit Analyst - Nakuru

Job Summary

To provide operational support on credit issues at the branch and assume
accountability for the business transactions across a specific portfolio of clients.

Tasks & Responsibilities

Assist the Branch Manager with product knowledge, sales research, customer
relationship development and research into solutions to meet customer’s needs.
   
Being 100% available to client and first point of contact for transactional
products and credit related aspects.
   
Develop and maintain credible relationships with clients at appropriate
levels through reliable, proactive service delivery and skillful application
of specialist knowledge
   
Keep clients up to date with bank changes influencing them e.g. rate moves,
also following up on requests initiated by clients to provide timely feedback.
   
Continually liaise with interrelated areas of the bank, e.g. Credit
regarding routine aspects and changes to customers needs or conditions
   
Establish diverse network internally and externally and utilize it
to facilitate better outreach to meet clients expectation
   
Reinforce teamwork between self and other Branch Staff and clearly
understand the complementary roles this provides towards growth of business.
   
Listing of potential customers within the existing business customers
 where more business prospects exist within the portfolio.
   

Be aware of ABC Bank strategy and how Retail Banking Unit objectives
support the strategy
   
Understand clients industry and business vis-à-vis the internal and
external factors affecting the long term viability of the business and industry
   
Possess Up to date knowledge of the market forces, the activities of the
competition and their impact on Retail banking with our clients.
   
Utilize broad range of information e.g. clients financial and business
trends and patterns, information management systems, networks to facilitate
selling opportunities and proactively identify opportunities and threats to
clients and bank.
   
Understands and conforms to ABC’s risk policies and procedures.
   
Study and understand risks associated with SME and business clientele
in terms of credit and operations.
   
Learn to balance the risks inherent within certain clients and act in
a manner which is of long term benefit to the bank and the client.
   
Arrears-monitoring all accounts in arrears and calling the customers
to regularise the accounts.
   
Security Documents-For existing customers ensuring that the bank
 holds valid securities as per the approvals and following on any due
insurances, maintenance of security documentation until they are fully
under the control of Centralised Securities.
  
 Liaising with the relevant departments for new borrowings to ensure
perfection of the securities has been done before disbursement.
  
 Following up and monitoring any expiring limits to ensure that customers
are informed on time before limits fall off the system.
  
 Manage the day-to-day portfolio of the Branch under the BM’s guidance.
   
Preparing CLPs for existing business. These CLPs to be reviewed by the BMs
before being submitted to Credit Department.
  
 Making appointments especially when reviews of facilities are due and giving
leads to the head of Retail Banking to enable them book more business.
   
Primarily responsible for preparation of ICERs and TOD / EOL requests
under the instructions of the BM.
   
Primarily responsible for calling for all relevant customer information
required to undertake renewal of existing facilities and any other (new business)
requests for facilities.
   
The targets on preparing of these CLP’s when all documents have been presented
are as follows:

   
Asset Finance 2 working days
   
Renewal of Existing facility and back-to-back facilities 2working days.
   
New CLP –TL & OD 3days

   
Primarily responsible for customer query resolution as regards ABC operations.
   
Primarily responsible for update of client information in the Bank’s systems.
   
Jointly responsible with the BM for analysis and commenting on financial figures
provided to the Bank by the customers. These financial figures include audited
accounts, management accounts, debenture figures etc.
   
Jointly responsible with the BM for monitoring customer adherence to terms
and conditions of offer letters and any financial covenants agreed with the Bank.

Job Specifications (Qualifications)


Qualifications & Experience:

Business related diploma or degree, CPA(K), AKIB
   
Banking experience specifically within the branch network
   
Six months experience within credit environment
   
Has conceptual understanding of business mission and strategy, as well as
performance implications of the strategy with regard to market success
   
Knows and understands the best operating practices specific to the business
   
Relationship and principles of credit management and practice
   
Team goal structuring and planning skills, knowing how to leverage the expertise of
the team.
   
Excellent Financial analysis knowledge
   
Computer literacy
  
 Excellent Lending skills
  
 Excellent Trade finance knowledge
   
Excellent Marketing / sales knowledge
   
Clear understanding of ABC Bank’s product range(benefits, limitations, profitability)
  
 Credit policy understanding, policies, processes and procedures
   
Sound banking knowledge
   
Ability to cross-sell and identify opportunities.
   
Maintain clear understanding of the budget and the target setting process within
 Business Banking Unit.

Skills and Training:   
Clear verbal and writing ability
  
 Analytical and able to communicate research findings
   
Able to conduct presentations, negotiate on a one to one basis with clients
   
Attuned to all possible sources of useful information
   
has conceptual understanding of strategic business plans and trends
  
 Business acumen and financial skills to manage own performance
   
Enjoys complex and abstract issues
   
Listens with keenness to others’ problems

If you believe you are the right candidate for the above position and can clearly
demonstrate your ability to meet the above criteria, submit your application with
 a detailed CV, to HR.Dept@abcthebank.com on or before 4th November 2011.

CREDIT ANALYST JOB VACANCY

Alios Finance is a Pan-African
specialized finance company with a
mix of prestigious African and
European investors . We target SMEs ,
multinationals and individuals with
products such as leasing , investment
loans and consumer finance .
Having been present in Africa since
1956, our current operations are in
Ivory Coast, Cameroon , Gabon, Mali,
Senegal, Burkina Faso, Zambia ,
Tanzania, and recently Kenya with a
combined portfolio across Africa
of USD 250 m. We have ambitious
expansion plans , particularly into
English speaking Africa, as evidenced
by the recent opening of our
subsidiaries in Zambia , Tanzania and
Kenya. Our head quarters are located
in Nairobi , Kenya and Tunis , Tunisia .
Our Tanzania operation, based in Dar
es Salaam , is already up and running
and is seeking to fill the position of
Credit Analyst .

CREDIT ANALYST – TANZANIA
As is with every other position in
Tanzania, this position is new and you
will be expected to, in the first
instance, define the credit policy
based on the Tanzania market , set up
the credit analysis processes and roll
this out . While reporting directly to the
General Manager of Alios Finance
Tanzania, you will also have tight
relationships with the Board and the
commercial team in Tanzania and a
functional relationship with the Head
of Risk at head office .
Your primary role will be credit risk
management through the analyses of
leasing facility applications and the
provision of technical support to the
credit committee in credit approval .
You will also be responsible for the
continual evaluation of the lease
portfolio of the company and will be
expected to make recommendations
on ways to mitigate credit risk in line
with the credit policy.

Your responsibilities will include
but not limited to:
Analyzing leasing facility applications
and giving an opinion and/or making
recommendations on the risk involved
Continually reviewing and analyzing
lease portfolio of the company and
making appropriate recommendations
Keeping abreast on trends in credit
risk management, locally and
regionally, and making
recommendations on changes to
policy or process
Ensuring compliance to the credit
policy within the Tanzania operation;
this will involve sensitizing the
commercial team on credit risk
management

REQUIREMENTS
Bachelor’ s Degree in Finance
Experience in a financial institution
(bank , stock brokerage , MFI, etc ) or an
audit firm, as an analyst
Knowledge of the Tanzania market is
important; we are particularly
interested in your financial ,
accounting and legal knowledge
An understanding of the fiscal and
economic matters of the country
Experience or sound understanding
of credit risk and the techniques of
financial analysis
Strong analytical and organizational
skills, ability to work under pressure
and a keen eye for detail
Good communication skills with the
ability to prepare and sell the analysis
to stakeholders
An open mind, ability to work in a
multicultural environment and
capacity to adjust to difficult operating
environments.

WORKING CONDITIONS
Working conditions are normal for an
office environment . Work may require
occasional weekend and/or evening
work and occasional travel
countrywide and overseas .

HOW TO APPLY:
Your application should highlight why
you are the best candidate for this
position and focus should be on how
you meet the stated requirements A
detailed CV should be attached; it
must include details of your
experience that is relevant to this
position, a valid email address, your
Skype address, day time telephone
number, current remuneration details
and names and contacts of three
professional referees.
Applications should be sent to:
Email: recruit@adeptsystems.co.ke
Closing date: 27th July 2011

Only shortlisted candidates will be
contacted.

Alios Finance SA is an equal
opportunity employer