FEP SACCO Credit Manager Job in Kenya

Job Title: Credit Manager            

Strategic Business Unit: FEP SACCO

Reports To: General Manager

Purpose of the job: He/she will be responsible for overseeing all operations of the credit department and implementation of the credit policy.

Functions / Responsibilities / Experience:

• Processing, appraisal and approval of loans as per the credit policy and procedures.
• Preparation of monthly reports on loaning to the management.
• Preparation of delinquency reports as per SASRA requirements and underperforming loans reports.
• Reporting on loans demands to ensure adequate funding.
• Responding to members’ inquiries and complaints pertaining to loans and ensuring prompt communication to the members on their loans status.
• Ensuring that loans granted are promptly recovered and remitted together with interests thereon.
• Ensuring that all loans granted are adequately reported to the Insurance.
• Ensure timely collection of remittances and proper reconciliation of debtor accounts on monthly basis;
• Prompt notification to loanees and guarantors of the loans default and institute recovery measures
• Establishing causes of loan defaults and advising on remedial measures.
• Developing and maintaining a sound loan recovery system and credit management controls;
• Preparation of the budget for the department.
• Preparation of work plans, targets and periodic evaluation of staff performance appraisal within the department.
• Implementation of Audit and supervisory Committee recommendations.

Skills / Experience:

Competencies

• Strong Leadership Skills,
• Strong communication and Negotiation skills.
• Good interpersonal skills.
• Planning and organizational skills.
• Good presentation skills.
• Complaints handling skills.
• Listening and questioning skills.
• Good in relationship building and maintaining.
• Excellent sales and marketing skills.
• High initiative and ability to work independently with minimum supervision,
• A person of high integrity and ethical behavior is a key requirement,

Qualifications

• University Degree in Business Management
• Qualifications in Sacco operations, Diploma in Co-operative Management,
• At least 4 years’ experience in Sacco/financial management position.
• Certified credit management will be an added advantage.
• Two years minimum experience as a loans officer.
• Computer skills (Ms Word, Excel);

Key Measurable Goals

• Achievement of Loan targets
• Low rate of staff turnover in the Company
• High rate of loan repayment and maintenance of a quality portfolio.
• High Revenues in comparison to expenditure

Immediate Subordinates:  Loan Supervisor.

How to Apply

If you are innovative, self-starter and results oriented individual, looking for a challenging career and you have met the above requirements, please send your application letter,detailed C.V, together with copies of your relevant academic /professional testimonials and three referees, stating your current and expected remuneration to :-

E-mail: vacancies@fep-group.com.

ATT :

Human Resource Department
FEP Holdings Limited
P.O. Box 72367-00200
Nairobi – Kenya

So as to reach us not later than 30th April 2014. 

Only shortlisted candidates will be contacted for interviews.

FEP Holdings Limited is an equal opportunity employer,any lobbying or canvassing will lead to automatic disqualification.