The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. 

Responsibilities or duties

• Receive, verify, and process loan applications.
• Conduct comprehensive credit appraisals and assess members’ repayment capacity.
• Verify member eligibility based on deposits, income, guarantors, credit history and other criteria in the credit policy.
• Prepare loan appraisal reports and recommendations for approval.
• Ensure all loan documentation is complete and compliant before disbursement.
• Process approved loans within the agreed turnaround time.
• Ensure compliance with the Sacco Credit Policy, regulatory requirements, and internal procedures.
• Identify and escalate high-risk loan applications.
• Provide members with accurate information on loan products and repayment terms.
• Maintain complete and accurate loan records.
• Support branch loan growth through member engagement and product promotion.
• Prepare periodic reports on loan processing and portfolio performance.

Qualifications or requirements 

• Bachelor’s degree in Finance, Accounting, Banking, Business Administration, Economics, or a related field.
• Sound knowledge of credit appraisal techniques and lending principles.
• Proficiency in Microsoft Office applications and Sacco/Core Banking systems.
• Strong analytical and financial assessment skills.
• Excellent communication and interpersonal skills.
• High level of integrity, professionalism, and confidentiality.
• Attention to detail and accuracy.
• Ability to work under pressure and meet strict deadlines.
• Customer-focused approach with excellent service delivery.
• Strong problem-solving and decision-making skills.
• Ability to work independently and as part of a team.

Experience needed

Minimum of two (2) years’ experience in credit administration, loan appraisal, or lending within a Sacco, microfinance institution, or commercial bank.

• Receive, verify, and process loan applications.
• Conduct comprehensive credit appraisals and assess members’ repayment capacity.
• Verify member eligibility based on deposits, income, guarantors, credit history and other criteria in the credit policy.
• Prepare loan appraisal reports and recommendations for approval.
• Ensure all loan documentation is complete and compliant before disbursement.
• Process approved loans within the agreed turnaround time.
• Ensure compliance with the Sacco Credit Policy, regulatory requirements, and internal procedures.
• Identify and escalate high-risk loan applications.
• Provide members with accurate information on loan products and repayment terms.
• Maintain complete and accurate loan records.
• Support branch loan growth through member engagement and product promotion.
• Prepare periodic reports on loan processing and portfolio performance.

• Strong analytical and financial assessment skills.
• Excellent communication and interpersonal skills.
• High level of integrity, professionalism, and confidentiality.
• Attention to detail and accuracy.
• Ability to work under pressure and meet strict deadlines.
• Customer-focused approach with excellent service delivery.
• Strong problem-solving and decision-making skills.
• Ability to work independently and as part of a team.

• Bachelor’s degree in Finance, Accounting, Banking, Business Administration, Economics, or a related field.
• Minimum of two (2) years’ experience in credit administration, loan appraisal, or lending within a Sacco, microfinance institution, or commercial bank.
• Sound knowledge of credit appraisal techniques and lending principles.
• Proficiency in Microsoft Office applications and Sacco/Core Banking systems.
• Professional qualifications in Credit Management will be an added advantage.