At Tsenda, we specialize in providing expert consultancy services in the dynamic sectors of Banking and Fintech. Over the years, we have honed our focus on key areas that drive success and innovation in Retail Banking, Corporate/Commercial and Microfinance Banking, as well as Digital Credit provision and payment and remittance solutions.

Key Responsibilities:

Credit Evaluation and Approval:

• Review and assess credit applications submitted by clients for import financing.
• Analyze financial documents, including income statements, bank statements, and credit histories, to determine creditworthiness.
• Ensure that all credit applications comply with internal credit policies and financial regulations.

Risk Assessment:

• Conduct thorough credit risk assessments for prospective clients, evaluating potential risks and mitigation strategies.
• Recommend appropriate credit limits and terms based on client profiles and risk evaluations.

Loan Disbursement Coordination:

• Work closely with the Finance and Operations teams to facilitate the disbursement of approved loans for asset financing.
• Ensure that all documentation, collateral, and guarantees are in place before loan disbursement.

Client Communication and Support:

• Communicate credit terms and decisions to clients in a clear and professional manner.
• Guide clients through the loan application and approval process, answering any questions or concerns.
• Maintain strong client relationships by providing ongoing support and assistance with credit-related inquiries.

Credit Monitoring and Collection:

• Monitor active loans to ensure timely repayment and adherence to credit terms.
• Identify and address potential credit issues or late payments, working with clients to develop repayment plans if necessary.
• Assist with collections processes for overdue accounts, working closely with the Finance team to mitigate credit losses.

Reporting and Documentation:

• Maintain accurate and up-to-date credit records and documentation for all clients.
• Prepare regular reports on credit activity, loan performance, and risk exposure for senior management.

Requirements

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 2+ years of experience in credit analysis, loan processing, or credit risk management, preferably in asset financing or banking.
• Strong understanding of financial analysis, credit risk assessment, and loan processing.
• Familiarity with credit regulations, loan products, and collateral management.

Skills:

Analytical Thinking:

• Strong financial and analytical skills with the ability to evaluate credit applications and make sound decisions.

Communication:

• Excellent communication skills, both written and verbal, with the ability to explain credit terms and processes clearly to clients.

Attention to Detail:

• Highly detail-oriented and organized, ensuring accuracy in credit evaluation and loan documentation.

Problem-Solving Skills:

• Ability to identify potential credit risks and develop solutions to mitigate them.

Team Collaboration:

• Ability to work effectively with internal teams, including Finance, Operations, and Sales, to ensure smooth credit processes.

Preferred Experience:

• Experience in asset financing, particularly for vehicles, healthcare equipment, or other high-value assets.
• Familiarity with MPESA and other mobile payment systems.
• Experience in loan management software and Microsoft Office (Excel, Word, etc.).