Credit Officer job at Co-operative Bank of Kenya
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357 Days Ago
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Vacancy title:
Credit Officer

[ Type: FULL TIME , Industry: Banking , Category: Commercial Banks ]

Jobs at:

Co-operative Bank of Kenya

Deadline of this Job:
Tuesday, July 11 2023 

Duty Station:
Within Kenya , Nairobi, East Africa

Date Posted: Saturday, July 01 2023, Base Salary: Not Disclosed

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Learn more about Co-operative Bank of Kenya
Co-operative Bank of Kenya jobs in Kenya

Tasks and Responsibilities
• Ensure strict adherence to loan policies/guidelines for the issuance of quality loans
• Ensure member’s eligibility for loaning including the ability to repay and securities
• Ensure members are advised appropriately based on their loan appraisal status/position
• Ensure that all loans issued are effectively guaranteed
• Ensure timely loan appraisals within set time limits and communicate feedback to members within acceptable timelines
• Ensure a timely and effective loan approval process within set limits, by presenting appraised loans for approval and approving the same in the system.
• Ensure timely and accurate disbursement of approved loans
• Ensure all loan forms processed, rejected, and deferred are kept safely and in member files
• Monitor all collaterals used for loans and ensure they are adequate and well updated
• Ensure effective communication and advice to members on loan matters/queries
• Ensure that new & continuing members’ deductions on savings, share capital and any other statutory deductions are accurate and timely
• Ensure all employer remittances/payments to the Sacco in lieu of Sacco loan payments are received and forwarded to Finance for settlement
• Ensure that all default notices and guarantor notices are issued in a timely manner
• Ensure guarantor/collaterals substitutions are done accurately and in a timely manner

Minimum Qualifications and Skills
• A Bachelor’s Degree in Accounting/Finance or a Business-Related Degree from a recognized university
• CPA II or Credit Management Certification
• A minimum of 3 years of experience in a busy financial institution
• Sound knowledge of Sacco laws and regulations
• A person of integrity, and team player with effective communication skills
• Sound judgment and decision-making ability on lending across all sectors
• Excellent analytical, interpersonal, and team management skills

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
Use the link(s) below to apply on company website.
• Credit Officer

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: Tuesday, July 11 2023
Duty Station: Nairobi
Posted: 01-07-2023
No of Jobs: 1
Start Publishing: 01-07-2023
Stop Publishing (Put date of 2030): 01-07-2077
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