Background information about the job or company (e.g., role context, company overview)

Tower Sacco was founded in 1976 by a group of primary school teachers in Ol'Kalou, Kenya. The sacco was established to provide its members with a safe and convenient place to save their money, as well as access to affordable loans. Over the years, Tower Sacco has grown to become one of the largest and most successful saccos in Kenya, with a membership of ove...

JOB PURPOSE

This role involves overseeing a diverse portfolio that includes micro-groups, farmers, dairy cooperatives, Agri-Business, and climate smart agriculture initiatives. The incumbent will be responsible for strategic leadership, Agri & Micro group lending product innovation, manage credit risks and engage stakeholders to strengthen the SACCO’s impact on Micro group lending and agricultural sector.

Responsibilities or duties

• Drive the credit strategy through micro & agri-business loans portfolio.
• Drive the creation, implementation and monitoring of customized financial products to enhance micro group lending and agribusiness loans.
• Establish and maintain strategic partnerships with development organizations, government bodies and industry stakeholders.
• Enforce Credit Policy and risk management policy with regards to micro group lending & agri-business loan portfolio.
• Review of loan applications and analysis of credit information to assess member’s credit worthiness.
• Implement strong risk assessment frameworks to maintain portfolio quality and ensure compliance on loan policies & procedures.
• Provide advice, guidance, training and mentorship to micro-groups, lending staff at the branch level regarding micro-credit and agri-business loan policies and procedures, credit analysis, financial statement evaluation, and credit investigations.
• To ensure the attainment of Loan repayment & recovery department targets, objectives and management of PAR.
• Offer financial advisory services to micro- groups members, group leaders and farmers.
• Advise the Head of Credit on all matters relating to the department’s product development, debt management and loan recovery.
• Implement and maintain controls for underwriting, loan administration and collections of Micro group lending & agri-business loans.
• Any other duties that may be assigned by the Head of Credit or any other person in authority.

Qualifications or requirements (e.g., education, skills)

• KCSE mean Grade C (plain) with C plain in Mathematics and English.
• Above 30 years.
• Be proactive and initiative.
• Have excellent interpersonal and communication skills for engaging diverse stakeholders.
• Must be self- motivated and be ready to work with minimum supervision.
• Be a team player.

Experience needed

• Have at least 5 years practical experience in a reputable financial institution preferably in credit management/Agri- business financing/Micro group lending environment.

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

• Bachelor’s degree in Finance, Accounting, Economics, or relevant Business related field or CCP Finalist.
• Professional certification such as CPA, ACCA, CIFA or CCP qualification will be an added advantage.
• In depth knowledge of agricultural value chains, climate-smart agriculture, rural finance & Micro-group lending.

• Drive the credit strategy through micro & agri-business loans portfolio.
• Drive the creation, implementation and monitoring of customized financial products to enhance micro group lending and agribusiness loans.
• Establish and maintain strategic partnerships with development organizations, government bodies and industry stakeholders.
• Enforce Credit Policy and risk management policy with regards to micro group lending & agri-business loan portfolio.
• Review of loan applications and analysis of credit information to assess member’s credit worthiness.
• Implement strong risk assessment frameworks to maintain portfolio quality and ensure compliance on loan policies & procedures.
• Provide advice, guidance, training and mentorship to micro-groups, lending staff at the branch level regarding micro-credit and agri-business loan policies and procedures, credit analysis, financial statement evaluation, and credit investigations.
• To ensure the attainment of Loan repayment & recovery department targets, objectives and management of PAR.
• Offer financial advisory services to micro- groups members, group leaders and farmers.
• Advise the Head of Credit on all matters relating to the department’s product development, debt management and loan recovery.
• Implement and maintain controls for underwriting, loan administration and collections of Micro group lending & agri-business loans.
• Any other duties that may be assigned by the Head of Credit or any other person in authority.

• Excellent interpersonal and communication skills for engaging diverse stakeholders.
• Must be self- motivated and be ready to work with minimum supervision.
• Be a team player.
• In depth knowledge of agricultural value chains, climate-smart agriculture, rural finance & Micro-group lending.

• Bachelor’s degree in Finance, Accounting, Economics, or relevant Business related field or CCP Finalist.
• Professional certification such as CPA, ACCA, CIFA or CCP qualification will be an added advantage.
• KCSE mean Grade C (plain) with C plain in Mathematics and English.