Vision Africa Sacco Credit Manager Job in Kenya

Vision Africa Sacco is a fast growing open membership Sacco in Nakuru County.

As part of our endeavor to meet our strategic objectives, we have advertised for the following post:

Job Vacancy: Credit Manager

Job Summary: The credit manager is accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the credit worthiness of potential customers, with the goal of optimizing the mix of growth of the portfolio and the reduction of bad debt losses.

THE KEY RESPONSIBILITIES OF THE OFFICE HOLDER WILL BE;

  • Offer an oversight role in managing society loans
  • Ensure all loans are insured
  • In liaison with marketing department, grow a healthy loan book
  • Ensure the portfolio at risk( par) is maintained at ≤ 5%
  • Verify proper collateral documentation before loan disbursement
  • Ensure security perfection before the loans are disbursed
  • Generate loan reports to the CEO for presentation to the board
  • Approve loans within the limit and facilitate further approval by the CEO/deputy CEO for loans above the limit
  • In liaison with the marketing departments, develop and review the loan products periodically
  • Handle customers with difficult loan cases
  • Improve and implement laid down operational procedures
  • Supervise and appraise the credit officers
  • Market and cross-sell the Sacco products and services

THE HOLDER OF THE CREDIT MANAGER POSITION MUST;

  • Be of exemplary integrity and honesty
  • Have excellent financial analysis skills
  • Possess analytical and critical thinking skills
  • Be decisive and possess quick judgment skills
  • Possess excellent business writing skills
  • Have excellent communication and interpersonal skills
  • Be proactive and initiative
  • Have excellent report writing and presentation skills
  • Must be self-motivated
  • Be a team player

MINIMUM QUALIFICATIONS

  • Degree in a business related field
  • CPA part 2
  • Diploma in co-operative management or credit management added advantage
  • Computer proficiency especially in accounting packages and systems
  • Knowledge of society’s loans products
  • Knowledge of operation of various Sacco software systems an added advantage
  • At least three years’ experience in a related field

HOW TO APPLY

Interested candidates are advised to submit their applications cover letter and their detailed CV with three referees and indicate their current and expected remuneration to the following address;

The CEO,
Vision Afrika Sacco
P.O. Box 18263 Nakuru.

Email: Visionafrika@gmail.com

So as to reach him not later than 20.02.2018


Accounting and Finance, Banking Insurance Investments
Updated: February 6, 2018 — 10:41 am