Credit Officer - Loan Appraisal Officer

Credit Officer -Loan Appraisal Officer

Role Purpose

To implement credit policies and procedures pertaining to loan issuance and appraisal.

Responsibilities and Duties

• Register and process loan applications by verifying supporting documents in line with Sacco policies and procedures and maintaining an up-to-date loan register.
• Analyze applicants’ eligibility, creditworthiness, repayment capacity through assessment of their income and credit repayment history.
• Ensuring timely appraisal and assessment of risks for all loan applications.
• Maintain consistent communication with members throughout the loan application process.
• Prepare daily, weekly and monthly reports on loan applications, approvals and disbursements.
• Conduct pre and post-loan disbursement member visits to gather relevant information and ensure that loan proceeds are utilized in accordance with the approved purpose.
• Ensure all offer and disbursement letters; and loan repayment schedules are communicated to the member after loan issuance.
• Collaborate with the Recovery and Accounts teams to ensure smooth transition from loan disbursement to repayment monitoring.

Qualifications and Experience

• A Degree in Commerce / Business Administration or any other related field with at least CPA Part II.
• A Diploma in Co-operative Management or Certified Credit Professional (CCP) course will be an added advantage.
• At least 3 years’ relevant experience in the financial sector.

SKILLS & COMPETENCES:

• Good verbal and written communication skills, including effective handling of telephone and email enquiries.
• Strong analytical and reporting skills
• Willingness to learn and be flexible in the working arrangements.
• Proficient in MS Office applications and core banking systems
• Ability to work as member of the team.