Co-operative Bank of Kenya Senior Assistant Credit Officer Jobs in Kenya;Reporting to the Credit Officer, this role supports evaluation, processing and monitoring of member loans in line with SACCO policies. Responsibilities include loan recovery, credit administration, timely disbursement and maintaining a healthy loan portfolio.Performance Expectations
Co-operative Bank of Kenya Senior Assistant Credit Officer Jobs in Kenya;
Performance Expectations
Effective monitoring and timely followup of loan portfolio and defaulted accounts.
Improved recovery of outstanding member obligations.
Accurate preparation of debtor records, aging analysis and credit reports.
Timely loan processing in line with service standards.
Effective administration of checkoff arrangements with employers.
Accurate CRB listing and delisting processes.
Coordination with external debt collectors and recovery partners.
Identification of debt trends and recommendation of preventive measures.
Compliance with financial regulations and credit policies.Key Responsibilities
Key Responsibilities
Monitor loan portfolio and follow up defaulted loans through recovery channels.
Negotiate repayment arrangements via calls, emails and correspondence.
Prepare and maintain debtor records, aging analysis and recovery information.
Submit credit and recovery reports to the Credit Officer.
Prepare and submit checkoff data to employers and follow up deductions.
Process loans in line with policies and Service Charter.
Facilitate appraisal and processing of collateralbased loans.
Manage CRB listing and delisting.
Recommend legal recovery action for overdue accounts and liaise with external collectors.
Reconcile accounts, investigate and resolve payment discrepancies.
Advise management on debt trends and preventive measures.
Support audits and (adsbygoogle=window.adsbygoogle||[]).push({});ensure compliance with regulations.Minimum Qualifications & Experience
Minimum Qualifications & Experience
Bachelor’s degree in Business or related field.
CPA II or equivalent qualification.
Minimum 3 years’ experience in credit, loan administration or debt recovery.
Practical experience in loan monitoring and recovery.
Experience in debtor records management, aging analysis and reconciliation.
Experience with employer checkoff arrangements or external recovery partners is an advantage.
Sound understanding of credit policies and financial regulations.Key Competencies
Key Competencies
Strong analytical and problemsolving ability.
Good knowledge of credit administration and debt recovery.
Strong negotiation and communication skills.
Decisiveness and ability to follow through on recovery actions.
Strong interpersonal skills with members, employers and service providers.
Proficiency in Microsoft Office and handling financial information.