Loan Processing Assistant at

3 months ago


Nairobi, Nairobi Area, Kenya Mhasibu Savings and Credit Cooperative Society Limited Full time

Mhasibu SACCO whose name means 'accountant' in Swahili currently serves members engaged in the accounting profession to include inter alia: qualified accountants yet to be members of ICPAK, students of KASNEB & ACCA, employees of institutions that offer training in accounts as well as the spouses and children of existing members.


JOB PURPOSE
To ensure that applied loans are accurately processed and timely communication to members is done.

MAIN RESPONSIBILITIES OF THE JOBS

Managerial / Supervisory/ Operational Responsibilities or roles:
Attend to members queries on loan enquiries.
Accurate and timely appraising and processing of all loans by observing the set policies, procedures, and service charter.
Review and validating data/information on all loan application forms before appraisal and forwarding for approval.
Collateral management during loan processing and ensuring all securities are properly perfected before approval and disbursement of loans.

Make constant communication and follow up with both the guarantors and borrowers on the loan processing status and pending matters for actioning within the stipulated timeframes.

Custody and safe keeping of documents during loan processing.
Ensure confidentiality of member information on loan processing in line with the code of conduct.
Ensure all long outstanding loan processing issues are escalated to the supervisor.
Marketing and selling of society products and services.
Any other lawful duties that may be assigned from time to time.

KNOWLEDGE, SKILLS AND EXPERIENCE
Minimum level of academic qualification, skills and knowledge required to perform effectively in the role:

A Bachelor's Degree in a Business management related course or any other related field.

Successful candidates will be required to meet the requirements of Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.

Minimum level of professional qualification required to perform effectively in the role:

A professional accounting qualification – CPA K
Minimum level of personal and professional experience required to perform effectively in the role:
Experience in loan appraisal and processing.
Minimum months or years of experience required to have to be appointed to the position:
Minimum 2 years relevant experience and in a in a similar position

KEY PERFORMANCE INDICATORS
Presentation of timely loan processed reports.
Timely reports on abandoned/pending loan rate.
Application approval rate.
Member retention rate.
Customer satisfaction index.
Portfolio at risk
Loan processing TAT.

COMPETENCIES

Technical Skills:
Credit risk/security evaluation.
Negotiation skills
Analytical skills.
Loan evaluation skills.
Communication skills
Emotional intelligence skills
Planning and organization.
Interpersonal skills
Customer care skills
Statistical skills
Time management skills
Records Management.

Behavioural Skills:
Focuses on ways to improve existing processes, product and services.
Refer to specific measures of baseline performance compared with better performance at a later point in time.
Must adhere to the company code of conduct.
Embraces, leads and embeds change.
Must actively demonstrate the values of the Society.
Motivates, coaches and develops others.
Strong Ethics and Standards.
Good knowledge of the market and the Society's products and services
Self-confidence and Motivated
Excellent communication skills- strong written & oral skills
Good people, interpersonal and networking skills.

  • Nairobi, Nairobi Area, Kenya Sidian Bank Full time

    At Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality. It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial solutions that meet entrepreneurs needs and facilitate growth through convenience...

  • Loan Officer at

    3 months ago


    Nairobi, Nairobi Area, Kenya GROOTS Kenya Full time

    GROOTS is a national movement of grassroots women-led community-based groups (CBOs) and Self Help Groups (SHGs) in Kenya. Our Mission To facilitate grassroots women effective engagement in development through movement building, leadership and advocacy.SummaryGROOTS Kenya seeks to recruit an experienced Loan Officer who will be dedicated to managing all...

  • Loan Officer

    2 months ago


    Nairobi, Nairobi Area, Kenya Mogo Finance Full time

    We offer top-notch, long term Car financing in Nairobi and Mombasa to our prospective customers, which is up to 80% of any car's value. With MOGO's efficient mode of services, you get to drive your dream car in a very short period of time at a very convenient interest rate.WHAT YOU WILL DOOperating as the lead point of contact for all matters relating to Car...


  • Nairobi, Nairobi Area, Kenya I&M Bank Full time

    I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking.Job Summary:The incumbent will be responsible for providing administrative support to Workplace Banking Schemes through invoicing, reconciliations, portfolio management and early debt...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    Responsibilities Administration of Entitlements Administer benefits and entitlements of staff, including mobility and hardship allowances, medical and life insurance coverage, pension fund participation, dependency allowance, education grant, home leave, family visit, parental and other special leaves, rental subsidy, change of family/dependency status and...

  • Assistant Accountant

    1 month ago


    Nairobi, Nairobi Area, Kenya Corporate Staffing Services Full time

    Accounting job vacanciesA licensed deposit-taking Sacco in Nairobi is looking for qualified and highly motivated individuals to fill the position of Assistant Accountant (REF: AACC/04/24).Job purpose:Carry out financial and accounting processes in compliance with policies, procedures, and control systems.Main Duties and ResponsibilitiesUpdating member...


  • Nairobi, Nairobi Area, Kenya World Food Programme (WFP) Full time

    The World Food Programme is the food assistance branch of the United Nations and the world's largest humanitarian organization addressing hunger and promoting food security.THE ROLETo deliver standard business support processes for a specific professional area of work, to facilitate effective service delivery.KEY ACCOUNTABILITIES:(not all-inclusive, nor...


  • Nairobi, Nairobi Area, Kenya Cosmos Limited Full time

    The brain child of Prakash Patel, a talented pharmacist who migrated to Kenya in 1958. He quickly realised the fact that almost all medicine was being imported from abroad. Good medicine was expensive and out of the reach of the majority who were low and middle income earnersSummaryResponsible for assisting the project manager with all Lean Six Sigma project...


  • Nairobi, Nairobi Area, Kenya Cosmos Limited Full time

    The brain child of Prakash Patel, a talented pharmacist who migrated to Kenya in 1958. He quickly realised the fact that almost all medicine was being imported from abroad. Good medicine was expensive and out of the reach of the majority who were low and middle income earners. This led to the formation of Cosmos and a dream to manufacture quality and...

  • Credit Assistant at

    3 months ago


    Nairobi, Nairobi Area, Kenya Shirika Sacco Society Limited Full time

    Shirika Sacco Society Limited was registered on 24th April, 1969. At the time it's members came from the Ministry of Co-operative Development (which is the parent ministry), although we have since widened our scope to include all other government ministries, all cooperative related organizations, and other reputable public organizations.Duties and...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi Full time

    JOB SUMMARYEducationCompletion of high school diploma or secondary school is required.Supplemental courses/ training in finance, administration, project management or related field is required.Job - Specific QualificationA recognized accountancy qualification (e.g. Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA),...


  • Nairobi, Nairobi Area, Kenya Platinum Credit Limited Full time

    Platinum Credit Limited is a credit only Micro-Finance Company licensed in Kenya under the Company's Act. The company, was founded in 2003 with a vision to provide emergency loans to Civil Servants, TSC members and employees of selected companies. We deliver cash in 24hours, with minimum bureaucracy and swift customer serviceSummaryWe are looking to hire a:...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi Full time

    JOB SUMMARYEducationCompletion of high school diploma or secondary school is required.Supplemental courses/ training in finance, administration, project management or related field is required.Job - Specific QualificationA recognized accountancy qualification (e.g. Certified Public Accountant (CPA), Association of Chartered Certified Accountants (ACCA),...


  • Nairobi, Nairobi Area, Kenya Platinum Credit Limited Full time

    Platinum Credit Limited is a credit only Micro-Finance Company licensed in Kenya under the Company's Act. The company, was founded in 2003 with a vision to provide emergency loans to Civil Servants, TSC members and employees of selected companies. We deliver cash in 24hours, with minimum bureaucracy and swift customer service.SummaryAre you ready to take...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi Full time

    JOB SUMMARYEducationCompletion of Secondary education or equivalent is required.Bachelor's degree in administration or human resources management is desirable.Work ExperienceA minimum of five (5) years' experience in general office support, administrative support and/or project management support functions for candidates who possess Secondary School...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi (UNON) Full time

    United Nations and regional organizations; provides administrative and other support services to the United Nations Environment Programme (UNEP) and the United Nations Human Settlements Programme (UN-Habitat); provides joint and common services to other organizations of the United Nations system in Kenya, as applicable; and manages and implements the...


  • Nairobi, Nairobi Area, Kenya Inkomoko Full time

    Inkomoko's vision is an Africa with thriving communities where young people and refugees are engaged, communities have access to relevant innovations for self-determination, and where African solutions are unleashed to solve African problems.About the OpportunityInkomoko Senior Investment Officer is responsible for the items below:ResponsibilitiesManagement...


  • Nairobi, Nairobi Area, Kenya United Nations Office at Nairobi Full time

    JOB SUMMARYEducationCompletion of secondary education or equivalent is required.Bachelor's degree in human resource management, business or related field is desirable.Job - Specific QualificationRelevant training in the field of human resource management and business administration is desirable.Work ExperienceA minimum of ten (10) years' experience in human...