Compliance Officer- Credit Administration Job At Daraja Microfinance Bank, Kenya
Our client, Daraja Microfinance Bank (www.darajabank.co.ke) was licensed by Central Bank of Kenya as a community Microfinance Bank for the Dagoretti Division, since January 2015. As part of its strategic plan, Daraja Bank is seeking to go national to be among Tier 1 MFBs in Kenya.
They are seeking to recruit a highly talented professional to fill in the following position in their Nairobi office:
Compliance Officer- Credit Administration responsible for assisting the Credit Manager in ensuring effective and efficient enforcement of the bank’s credit policy and procedures.
Compliance Officer- Credit Administration Job Responsibilities
- Manage credit risk through credit risk analysis/evaluation to ensure quality portfolio.
- Enforce adherence to key money laundering principles mainly suspicious transactions, know your customer, and safeguard of records.
- Vet and analyze collaterals for approved facilities against facility terms and conditions.
- Initiate disbursement of funds that have met the conditions set for each loan in conformity with policy.
- Monitor and administer credit performance through credit portfolio monitoring reports.
- Ensure compliance with internal and regulatory credit and other related policies.
- Monitor and periodically review customer credit lines against lending conditions.
Qualifications For Compliance Officer- Credit Administration Job
- Diploma/degree in Business/Finance/Accounting or related field.
- Minimum of 5 years’ experience in a credit function in a financial institution handling micro and small business either and individual or group level.
- Sound understanding of lending in microfinance industry.
- Lending and relationship management experience to create a balance between credit risk and business/customer service.
- Experience in financial auditing is an added advantage.
- Excellent analytical and presentation skills with outstanding reporting skills.
- Experience in supervision at centralized credit operations is an added advantage
- High integrity level.