Co-operative Bank Credit Manager Job

REF: (ES/CM/01/24)

Tasks & Responsibilities

Reporting to the Chief Executive Officer, the job holder will be responsible for managing the society’s loan portfolio.

Key Responsibilities

  •  Ensure disbursement of loans to members according to the society policy and customer charter and recommend all loans for approval
  •  Ensure high levels of service delivery and efficient resolution of matters relating to members
  •  Implementing the society’s strategies relating to credit management within the set timelines
  •  Daily supervision of the operations of the credit department
  •  Continually monitoring the loans portfolio to ensure a portfolio at risk of 5% and below
  •  Continually monitoring collection of outstanding institution remittances, ensuring timely remittance of member contributions to the society and reporting
  •  Evaluating the loans portfolio with an aim of identifying risk areas and recommending mitigation measures
  •  Coordinate debt recovery procedures with external debt collectors and lawyers
  •  Preparing and presenting credit reports including, disbursements, loans aging reports and strategic reports
  •  As a member of the products research and development team, propose new products that meet member’s needs or review current ones
  •  Maintain and update accurate CRB listing of all loans
  •  Supervise all the employees in the credit department including establishing departmental goals, conducting timely performance reviews and training
  •  Educate the staff on credit products and processes
  •  Perform any other duty as may be assigned

Minimum Qualifications & Attributes

  •  Bachelor’s degree in Finance, Accounting, Banking, credit management or similar
  •  Professional qualifications in Credit Management
  •  Minimum of 3 years’ relevant experience in credit administration or loan management at the management level in a financial institution preferably a cooperative society
  •  Demonstrated computer literacy with experience in MS Excel, PowerPoint, Word and Dynamics Nav
  •  Should have high integrity and be able to maintain confidentiality
  •  Is self-driven, focused and innovative;
  •  Have strong analytical and problem-solving skills;
  •  Ability to be flexible, use initiative, self-evaluate and to work independently under little or no supervision.

How To Apply

Interested and qualified applicants are requested to fill out the online application form and submit it by 2nd February 2024.