Credit Officer job in Nairobi Kenya

The chief functions of a Credit Officer is to identify new customers; facilitate group formation; appraise and assess loan
applications; prepare assessments and recommendations for Credit Manager; and educate loanees as to their responsibilities for repayment of loans.
Main Duties and Responsibilities
To interview applicants and to explain the lending procedures and requirements to the potential customers.
To facilitate group formation and train groups
To receive loan applications.
To assess customer's applications, visit the business premises as well as the residence to appraise the financial situation of the customer/business/project.
To advise customers as to the documents and financial, reports required to process their loan applications.
To process customers application and prepare a financial and social data (cash flow, balance sheet) for submission to Credit Manager.
To ensure that all documents required are complete and signed by the customer.
To disburse loans according to the decision of the Credit Manager.
To follow up all loans outstanding he/she is responsible for.
To ensure strict and continuous follow-up of his/her outstanding portfolio by checking the up-dated arrears list.
To ensure that all types of securities (insurance policies, fixed deposits etc) are being kept up to date.
To review periodically bad and doubtful accounts for chances of recovery.
To evaluate loans and customers after repayment.

Requirements
A relevant college education and 5 years relevant experience in a microfinance environment. Experience working with groups is critical for this assignment.

Please send your application and resume to platinumsphere@gmail.com
Only short listed candidates will be contacted