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

The Relationship Officer - Credit will be responsible for evaluating, reviewing credit applications, documentation, financial information disclosures such as financial statements, credit reports, collateral details to ensure files are complete, accurate and decision ready while maintaining compliance with SACCO lending policies.

JOB DESCRIPTION

• Loan analysis through collecting, verifying, and analyzing information to help in determining whether the credit borrower qualifies for the facility.
• Review, update the qualification of risk during the analysis of the credit proposal and during the credit life once disbursed.
• Support the execution of “due diligence” in every stage of the loan application, credit appraisal, loan approval and disbursement to ensure well informed decision-making and qualification of the risk involved.
• Examine customer’s capability and securitization/collateralization subjecting the borrower to business /personal checks to determine whether the customer has existing/current potential cash flows to make good the loan obligation and whether there is enough collateral/security in the event of adversity.
• Analyze customer transaction trends and apply risk-based scoring to identify and report potential fraud or suspicious activity on digital lending platforms.
• Ensure all loan products including the digital lending products adhere to internal policies and other regulatory compliance.
• Continuously track key performance indicators such us loan delinquency, default rates and overall loan book quality.
• Proactively manage borrower and lending platform through communication, application pipelines, explanation of conditions, documents requests and next step clarity.
• Implement digital solutions in collaboration with other relevant departments to improve application flows, disclosures, document collection and self-service success.
• Confirm guarantor details and endorsements submitted electronically, ensuring authenticity and compliance.
• Authenticate member information using digital KYC tools and ensure compliance with data protection standards.
• Any other duty that may be assigned by the Head of Credit, Credit Manager, Branch Manager or any other person in authority.

PREFERRED QUALIFICATIONS

• CCP II/CPA II/CIFA II or Diploma in Credit Management, Business management, Cooperative Management, Accountancy/finance & Banking or diploma in relevant field/Bachelor’s degree in Cooperative, finance, accounting, or any other related field.
• Professional certification such as Certified Credit Professionals/Certified Public Accountant will be an added advantage.
• Minimum experience of 3 years in a reputable financial institution. Those with experience in credit management will have an added advantage
• KCSE C Plain with C (Plain) in English & Mathematics.
• Age above 28 years.
• Must have the ability to review loan applications and make an analysis of credit information to access customer’s credit worthiness.
• Ability to Multitask with close attention to details.
• Possess good interpersonal skills and sound judgement.
• High level of integrity.

• Loan analysis through collecting, verifying, and analyzing information to help in determining whether the credit borrower qualifies for the facility.
• Review, update the qualification of risk during the analysis of the credit proposal and during the credit life once disbursed.
• Support the execution of “due diligence” in every stage of the loan application, credit appraisal, loan approval and disbursement to ensure well informed decision-making and qualification of the risk involved.
• Examine customer’s capability and securitization/collateralization subjecting the borrower to business /personal checks to determine whether the customer has existing/current potential cash flows to make good the loan obligation and whether there is enough collateral/security in the event of adversity.
• Analyze customer transaction trends and apply risk-based scoring to identify and report potential fraud or suspicious activity on digital lending platforms.
• Ensure all loan products including the digital lending products adhere to internal policies and other regulatory compliance.
• Continuously track key performance indicators such us loan delinquency, default rates and overall loan book quality.
• Proactively manage borrower and lending platform through communication, application pipelines, explanation of conditions, documents requests and next step clarity.
• Implement digital solutions in collaboration with other relevant departments to improve application flows, disclosures, document collection and self-service success.
• Confirm guarantor details and endorsements submitted electronically, ensuring authenticity and compliance.
• Authenticate member information using digital KYC tools and ensure compliance with data protection standards.
• Any other duty that may be assigned by the Head of Credit, Credit Manager, Branch Manager or any other person in authority.

• Ability to review loan applications and make an analysis of credit information to access customer’s credit worthiness.
• Ability to Multitask with close attention to details.
• Good interpersonal skills and sound judgement.
• High level of integrity.

• CCP II/CPA II/CIFA II or Diploma in Credit Management, Business management, Cooperative Management, Accountancy/finance & Banking or diploma in relevant field/Bachelor’s degree in Cooperative, finance, accounting, or any other related field.
• Professional certification such as Certified Credit Professionals/Certified Public Accountant will be an added advantage.
• KCSE C Plain with C (Plain) in English & Mathematics.