Credit Administration

1 week ago


Nairobi, Nairobi Area, Kenya 360tf Full time 50,000 - 100,000 per year

CREDIT ADMINISTRATION:

  • Issuance and scrutinization of Facility related documents including KYC and AML checks
  • Loan agreements
  • Facility Letters including Debtor Approval Letters
  • Seek approvals from appropriate verticals for any deviations
  • Liasioning with correspondent factors for limits
  • Liasioning with Business Development, Credit, Legal, Finance and Operations
  • Creation of securities as per Facility approval
  • Facility & Limits maintenance in Factoring systems
  • Creating/Updating Credit Administration Manual
  • Ensure compliance with the activities as detailed in CAD Procedure Manual.

OPERATIONS:

  • Managing the day-to-day operational activities for Factoring/Trade Finance
  • Creating/Updating Operations Manual
  • Timely disbursements to Clients
  • Compliance with the FCI Rules for International Factoring
  • Compliance with all statutory bodies as applicable for Factoring/Trade Finance
  • Collection activities – monitor, follow-up and control the overdues

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