Credit Administration Officer

Microfinance Bank

Caritas Microfinance Bank is the fastest growing Micro Finance Bank in Kenya whose vision is ‘The Household Bank that Adds Value to All’. As part of our expansion strategy, we are seeking competent and qualified staff to fill the following positions:

Job Purpose

To maintain the quality of credit facilities advanced by ensuring credit documentation is enforceable and the bank’s interests in collateral held are secured and ensure that borrowers meet their contractual obligations as stipulated in loan contracts.

Responsibilities

• Disbursement of loans according to the approved terms ensuring that all loan account balance, commissions and interest are properly calculated.
• Preparation of management reports as well as periodic returns to Central Bank of Kenya and credit reference bureaus
• Preparation of timely and accurate facility offer letters and return of the same from customers in liaison with the account relationship managers
• Manage loan migration by ensuring zero arrears on all performing (Normal & Watch) credit Facilities.
• Maintain an up to date register for all securities including valuations and insurances, and their maintenance in the banking system as well as safe custody of the same as per the control procedures
• Analyze credit propositions as allocated and recommend for approval
• Reviewing assigned files for compliance of the approval conditions
• Assess temporary credit requests and recommend for approval
• To perform any other duty as assigned in line with the Organization goals and objective

Qualifications

• University Degree in a Business related field
• CPA/AKIB
• At least 2 years working experience in credit department in a financial institution.

How to Apply

Interested candidates who meet the criteria above are encouraged to send their application letters and detailed CVs to: Email: recruitment@caritas-mfb.co.ke

Kindly indicate the position title on the subject line when applying

Closing date for application 23^rd March 2018

Only shortlisted candidates will be contacted.