Credit Administration Manager at Caritas MFB

• To oversee the credit administration function by ensuring efficient loan processing, proper documentation, compliance with credit policies, and effective monitoring of the loan portfolio to minimize risk and support sustainable growth.

• Ensure compliance with CBK and Microfinance Act regulatory requirements and other regulations
• Responsible for ensuring a strong portfolio quality and control of the credit book by providing support to the branches on credit matters.
• Risk management through monitoring and administration of credit performance using credit scoring, appraisal reports and monitoring customers' credit rating with credit reference agencies.
• Responsible for credit administration by setting terms of credit and ensure timely repayment by customers.
• Disbursement of loans according to the approved terms ensuring that all loan account balance, commissions, and interest are properly calculated.
• Preparation of IFRS 9 reports, ISAS39 reports and other management reports as well as periodic returns to Central Bank of Kenya and credit reference bureaus
• Management of a database and loan listings of all loans received into the department
• Ensure all income is collected as per the approved terms
• Track credit facilities for all newly approved credit relationships within agreed terms of lending and time frames
• Track credit facilities for all newly approved credit relationships within agreed terms of lending and time frames
• Provide oversight on the normal and watch accounts and liaise with branch managers to ensure remedial action is taken promptly
• Provide leadership in performance management, employee development, talent management and building a work environment that drives high performance and employee satisfaction through coaching and mentorship.
• Oversee overall management of the credit processes within the bank policies and guidelines to minimize lending risks.
• Champion and embed culture of compliance to procedures and best credit practices
• Preparation and review of MOUs for institutional business
• Ensure automation and review of loan appraisal processes
• Identification and mitigation of credit exposures through external environment risk assessment as per the prudential guidelines
• Designing, reviewing and updating a risk-based model for the Bank
• Ensuring proper securities perfection and registration process
• Manage loan migration by ensuring zero arrears on all performing credit Facilities.
• Maintain an up-to-date register for all securities including valuations and insurances, and their maintenance in the banking system as well as safe custody of the same as per the control procedures
• Improving digital loan platforms, loan management systems and other related systems
• Preparation and reconciliations of the loan disbursement report
• Supporting both internal and external Audit exercise including regulatory Audits
• Analyse credit propositions as allocated and recommend for approval
• To perform any other duty as assigned in line with the organization goals and objectives
• To perform any other duty as assigned in line with the organization goals and objective

• Holder of bachelor's degree in BCOM or a Business-related field.
• MBA will be an added advantage
• Professional qualifications such as CPA, CCP or CIFA etc
• Not less than 5 years in credit administration and extensive knowledge of
• lending products and prudential guidelines.
• Good knowledge in debt management will be an added advantage 
• Ability to lead teams and deliver business results.
• Must be self-driven; possess excellent administrative, communication and interpersonal skills, strong organization, and negotiation skills.

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