Primary Responsibility
Reporting to the Sacco CEO, the Credit Officer will be responsible for the credit management process including accurate implementation of the credit policy, management of the loan portfolio ensuring a balance between growth and credit risk and advising the CEO and Board on all matters pertaining to credit at the Sacco. 
Credit Officer (REF: CO/01/24)
Key responsibilities

Ensure strict adherence to loan policies/guidelines for issuance of quality loans including evaluation of loan applications, review of credit reports and relevant documentation
Ensure member’s eligibility for loaning including ability to repay and securities
Ensure members are advised appropriately based on their loan appraisal status/position
Ensure that all loans issued are effectively guaranteed /Secured
Ensure timely loan appraisals within set time limits and communicating feedback to members within acceptable timelines
Ensure timely and effective loan approval process within set limits
Ensure timely and accurate disbursement of approved loans
Manage loan disbursements and collections, monitor repayment schedules and ensure regulatory requirements are consistently adhered to including, where required, following up on delinquent accounts and drafting demand notices to loan defaulters
Ensure all loans forms processed, rejected, and deferred are kept safely and in member – files
Maintain and develop key stakeholder relationships that support the credit function
Advise the CEO, credit committee and Board and on sacco industry credit pre-requisites
Monitor all collaterals used as for loans and ensure they are adequate and well updated
Ensure effective communication and advise to members on loan matters/queries
Ensure that new & continuing members deductions on savings, share capital and any other statutory deductions are accurate and timely
Ensure all employer remittances/payments to the Sacco in lieu of Sacco loan payments are received and forward for settlement
Ensure that all default notices, guarantor notices are issued on a timely manner
Ensure guarantor/collaterals substitutions are done accurately and in a timely manner

Minimum Qualifications and Skills

A Diploma in Accounting/Finance/Co-operatives Management or a Business-Related Degree from a recognized university
CPA IV or Credit Management Certification
A minimum of 3 years’ experience in a busy financial institution
Familiar with Sacco laws and regulations
A person of integrity, team player with effective communication skills
Sound judgement and decision-making ability on lending across all sectors
Excellent in analytical, interpersonal and team management skills
Experience in working with targets and tight deadlines with minimal supervision