Stima Sacco was established in 1974 to serve employees of the then East African Power & Lighting Company, but currently draws members from individuals in employment from all sectors, business persons’ groups, and corporates. The objective was and has been to provide members with a haven for savings, avail affordable credit to members and return impr…
- Reporting to the Credit Administration Officer, the job holder will be responsible for the entire credit Administration processes, loans collateral securitization and maintain a high asset loan portfolio.
Job Profile
- Loans disbursement
- Daily monitoring of loans disbursements. Ensuring conditions of sanction are met and postings are properly done.
- Loans security perfection.
- Daily monitoring of performing portfolio
- Ensuring full loans documentation before disbursements
- Preparing of offer letters and credit management reports.
- Compilation of CRB data and submission to the bureaus.
- Maintenance of the loan’s collateral register
- Monitoring and review of insurance covers for loan securities
- Ensuring adherence to the offer letter conditions
- Monitoring financed members projects
- Coordinating credit administration functions with other stakeholders
Qualifications
- Bachelor’s degree in business related areas from a recognized institution.
- A minimum of three (2) years of relevant and progressively responsible work experience in finance or related area is required.
- Excellent interpersonal, negotiation skills, communication and presentation skills with the ability to interact effectively with all levels of management and staff
