Daraja Microfinance Bank Credit Administration Officer Job in Nairobi Kenya

Our client, Daraja Microfinance Bank (www.darajabank.co.ke) was licensed by Central Bank of Kenya as a community Microfinance Bank for the Dagoretti Division, since January 2015. 

Daraja’s target market is the Micro and Small Enterprises (MSEs), their owners and employees with the underlying goal being to help both individuals and groups achieve their financial goals. 

As part of its strategic plan, Daraja Bank is seeking to go national to be among Tier 1 MFBs in Kenya.

They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:
 

Credit Administration Officer
 

 

Reporting to the Credit Manager, this is a position responsible for ensuring proper credit administration and loan recovery.
 

Principal Accountabilities:

• Appraising and making recommendations on credit proposals and ensuring compliance with the institution’s credit policy & procedures 


• Vetting and analyzing collaterals/securities provided for approved facilities against facility terms and conditions


• Monitoring and periodic reviews of 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.


• Authenticating documentation presented for all credit applications and ensuring that they meet the KYC requirements.


• Enhancing credit risk management techniques in the credit administration


• Maintaining credit files and updating all the credit documents

Key Skills and Qualifications:

• Diploma in finance, accounting or related field


• Minimum of 2 years’ experience in a credit function in a financial institution


• Experience in financial auditing is an added advantage.


• Excellent communication and presentation skills with outstanding reporting skills.

Interested candidates are requested to forward their updated CVs to recruit@virtualhr.co.ke by 9th May 2016 stating their current and expected remuneration, daytime telephone contacts and addresses of three referees. 

Only shortlisted candidates will be contacted.