SACCO Micro Credit Manager Vacancy

Our client, a rapidly growing deposit taking SACCO with operations in Eastern and Nairobi regions of Kenya, as part of its business growth strategy, seeks to strengthen its human capital structure by recruiting dynamic and result oriented management team to fill the following positions:
 

Micro Credit Manager

Ref: MCM/10
 

Reporting to the Chief Executive Officer, the person shall be responsible for:
 

Job Description:

• Analysing and evaluating the demand, market segmentation and competitive situation for the target clients of micro credit products to identify opportunity in the market for new products
• Working with relevant departments on developing and updating microcredit products concepts and its prototypes, including product policies, operational procedures, methodology guides and other supporting documents in order to meet business strategies
• Monitoring the evolution of the microcredit portfolio (comparison with quantitative and qualitative objectives) to better assess the risk of loan portfolio
• Following up the roll-out into the target market of new designed or improved loan products to ensure the practical, meet with risk mitigation, and competitive advantage manner;
• Overseeing the development and follow up the implementation of Micro Credit policy, procedure, and guideline to ensure the quality management of micro credit portfolio.
• Supporting income generation for enterprises and help to build financially self-sufficient low income borrowers/clients.
• Providing financial services with greater flexibility at a more affordable price making microfinance services very attractive to a large number of low income clients.
• Managing funds adequately enough to meet future cash needs in consultation with Finance and Accounts department.
• Identifying donors who are active in microfinance and who might provide support or funding.
• Providing consistent guidelines for the effective management of the accounts processing and credit administration functions established at each county/ field/ unit offices.

Minimum Qualifications

• Are holders of a business degree or its equivalent from a recognised university and a diploma in Banking or its equivalent;
• A certificate in Micro-Credit related course will be an added advantage.
• At least 3 years’ experience in credit operations in microfinance/banking environment/Sacco
• Experience in report writing, writing policy and procedure
• Good English proficiency, both written and spoken
• Computer literacy (MS. Office, PowerPoint, e-mail, etc.)

How to Apply

Interested applicants who meet the above requirements are requested to email their applications together with their resume’s and testimonials, quoting the job reference as the subject header, and stating their current and expected remuneration to co-opconsultancy@co-opbank.co.ke so as to reach us by 14th October 2014.

NB: Applications that are incomplete, received beyond the deadline or that do not meet the above stated requirements will not be considered. 

Only short listed candidates will be contacted.