Credit Manager

5 days ago

Nairobi, Nairobi Area, Kenya Co-operative Bank of Kenya Full time 900,000 - 1,200,000 per year

Job Description:

Roles and Responsibilities

Putting in place and implementing effective credit management, monitoring, collection and recovery strategies.

Preparing, analyzing and submitting regular reports in relation to loan applications, disbursements, repayments, overdue accounts, recovery plans and risk exposures.

Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations.

Ensures safe keeping and confidentiality of all member loan records.

Verify eligibility of loan guarantors and advise accordingly.

Maintain a departmental organizational structure sufficient to meet all goals and objectives.

Manage the daily operations of the credit department in an efficient and effective manner.

Achieve established departmental goals within defined timelines, as well as define and implement a measurement of acceptable staff performance to safeguard the Sacco's loan portfolio.

Ensure that all securities/collaterals are perfected, charged, recorded and maintained under lock and key.

Undertake periodic review of securities held against all non-performing facilities to ensure these are perfected and that no dilution happens during the debt recovery period.

Conduct various assessments and audits to ensure departmental procedures are achieving accurate and desired results.

Implement data clean-up procedures and corresponding changes when necessary and as appropriate to ensure correct and up to date credit data at individual and corporate level is maintained.

Ensure timely disbursement of approved loans in liaison with finance department.

Ensure the recovery of outstanding amount and ensuring the process of realization of securities is handled procedurally in order to avoid delay through intermittent ligation while at the same time ensure that the defaulting client's rights are respected in order to avoid potential risk exposure to society through litigation or adverse publicity.

Plan and coordinate the debt recovery process with various service providers (Lawyers, Valuers and Auctioneers) to avoid undue delay and recovery costs escalation.

Appraise and certify all loan applications and forward the same to the Credit Committee for approval.

Verify and certify supporting documents for all loan application and advice accordingly.

Approve loans within the limit and facilitate further approval by the CEO/Credit Committee for loans above the limit.

In liaison with the marketing departments, develop and review the loan products periodically.

Reviewing capacity needs, supervising and initiating training needs for the personnel in the credit department.

Monthly, quarterly, and annual preparation of loan portfolio reports.

Collections of defaulted loans/Physical recoveries.

Ensuring that the branches are maintaining loan registers.

Ensuring that the monies are deducted from the BOSA accounts.

Preparation of PAR and delinquency schedules.

Role: Credit Manager

Number of Openings: 1

Skills:

  • Analytical Skills
  • Leadership and Teamwork
  • Financial Applications
  • Finance Knowledge
  • Risk Assesment

Industries:

  • Banking

Job Function: Accounting and Finance

Experience: 0 To 3 Years

Locations:

  • Nairobi, Nairobi Area, Kenya

  • Credit Analyst

    5 days ago

    Nairobi, Nairobi Area, Kenya Old Mutual Full time $40,000 - $80,000 per year

    JOB PURPOSE STATEMENTKEY RESPONSIBILITIES.Analyze the MSME Credit requests against all the canons of lending (Character, Capacity , Conditions , Capital , and Collateral ) as a basis for making approval / decline recommendations Support credit facilities for approvals based on 1 above and ensure accuracy and compliance by relevant Head office Credit...

  • Credit Officer

    5 days ago

    Nairobi, Nairobi Area, Kenya Bidhaa Sasa Full time $4,000 - $6,000 per year

    AboutBidhaa SasaWe are a mission-driven company working to bring clean and modern energy solutions – especially electric cooking – to underserved households in East Africa. Our work directly supports climate goals and gender equity by helping rural families, particularly women, transition away from polluting fuels like charcoal and firewood. We're a...

  • Sacco Credit Officer

    5 days ago

    Nairobi, Nairobi Area, Kenya Co-operative Bank of Kenya Full time 800,000 - 1,200,000 per year

    Job Description: REPORTING TO: BRANCH MANAGER Key Duties & Responsibilities Credit Management & Loan Processing Handle member loan approvals and payment processing Conduct loan appraisal and adequately process loan applications Verify appraised loan forms before management approval Maintain loan register and guarantors records Manage CRB queries...

  • Assistant Recovery Manager Position

    2 days ago

    Nairobi, Nairobi Area, Kenya Mwananchi Credit Limited Full time $70,000 - $120,000 per year

    ResponsibilitiesPortfolio Monitoring & Risk ControlMonitor overdue loan accounts and flag early warningTrack PAR (Portfolio at Risk) across different aging categories g Watch, Substandard, Doubtful and lossEnsure accurate recovery records and timely updates in theSupervision & Team SupportAssist the Head of Collections & Recovery in supervising recovery...

  • Product Manager – Logbook

    1 day ago

    Nairobi, Nairobi Area, Kenya Mwananchi Credit Limited Full time $104,000 - $130,878 per year

    Mwananchi Credit Limited is a leading financial services provider committed to delivering innovative credit solutions to Kenyans. We specialize in providing accessible and affordable financial products tailored to meet our clients across private and public sectors.Position OverviewWe are seeking dynamic and experienced Product Managers to spearhead our...

  • Credit Analyst – Commercial Banking

    5 days ago

    Nairobi, Nairobi Area, Kenya DIB Bank Kenya Limited (DIBBKE) Full time $40,000 - $60,000 per year

    Job Description: Key Responsibilities Ensure all credit proposals adhere to the laid down procedures, policies, Banking Act, Prudential Guidelines, Islamic rules and regulations and various product programs while ensuring that any policy breaches are properly authorized at the correct approval level. Analysis of commercial and business banking credit...

  • Underwriting Credit Analyst– C10

    5 days ago

    Nairobi, Nairobi Area, Kenya Citi Full time $90,000 - $120,000 per year

    Underwriting Credit Analyst is responsible for owning the Credit Risk Analysis for Citi Corporate Clients and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Transactions and Portfolio & Industry Reviews.Key Responsibilities:Assess the credit and...

  • Underwriting Credit Analyst– C10

    5 days ago

    Nairobi, Nairobi Area, Kenya Citi Full time $60,000 - $90,000 per year

    Underwriting Credit Analyst is responsible for owning the Credit Risk Analysis for Citi Corporate Clients and being responsible for the continuous monitoring of that portfolio. That includes the production of Annual Reviews, Quarterly Reviews, and the support to Ad-Hoc Transactions and Portfolio & Industry Reviews.Key Responsibilities: Assess the credit and...

  • Product Manager – Check Off

    1 day ago

    Nairobi, Nairobi Area, Kenya Mwananchi Credit Limited Full time $104,000 - $130,878 per year

    Mwananchi Credit Limited is a leading financial services provider committed to deliveringinnovative credit solutions to Kenyans. We specialize in providing accessible and affordablefinancial products tailored to meet our clients across private and public sectors.Position OverviewWe are seeking dynamic and experienced Product Managers to spearhead our...

  • Director of Credit Risk and Analytics

    5 days ago

    Nairobi, Nairobi Area, Kenya INKOMOKO Full time $900,000 - $1,200,000 per year

    About InkomokoInkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods, create jobs, and help communities thrive.In 2025, Inkomoko was listed by the Financial Times as the 8th fastest-growing company in Africa, supporting entrepreneurs across East and Central Africa to grow thriving businesses and build inclusive, resilient...