31 Jan 2025

Credit Administration Assistant at Stima Sacco

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Job Description

Stima Sacco was established in 1974 to serve employees of the then East African Power & Lighting Company, but currently draws members from individuals in employment from all sectors, business persons’ groups, and corporates. The objective was and has been to provide members with a haven for savings, avail affordable credit to members and return impr…

Credit Administration Assistant

Job Summary

  • Reporting to the Credit Administration Officer, the job holder will be responsible for the entire credit Administration processes, loans collateral securitization and maintain a high asset loan portfolio.

Job Profile

  • Loans disbursement
  • Daily monitoring of loans disbursements. Ensuring conditions of sanction are met and postings are properly done.
  • Loans security perfection.
  • Daily monitoring of performing portfolio
  • Ensuring full loans documentation before disbursements
  • Preparing of offer letters and credit management reports.
  • Compilation of CRB data and submission to the bureaus.
  • Maintenance of the loan’s collateral register
  • Monitoring and review of insurance covers for loan securities
  • Ensuring adherence to the offer letter conditions
  • Monitoring financed members projects
  • Coordinating credit administration functions with other stakeholders

Qualifications

  • Bachelor’s degree in business related areas from a recognized institution.
  • A minimum of three (2) years of relevant and progressively responsible work experience in finance or related area is required.
  • Excellent interpersonal, negotiation skills, communication and presentation skills with the ability to interact effectively with all levels of management and staff


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : February 2, 2025





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