Mwananchi Credit Limited was incorporated as a private limited company under the Companies Act (Cap 486) of the Laws of Kenya. It initially started operations under the names Mwananchi Microlink Ltd which was incorporated on 15th April 2010.

Role Summary:

The Head of Credit is responsible for overseeing the credit risk management function within the organiza- tion. This role involves developing and implementing credit policies and strategies to mitigate risks, enhance profitability, ensuring regulatory compliance for Mwananchi Credit Limited.

Requirements

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree or professional certification is preferred.
• Minimum of 5 years of proven experience in a credit role, preferably with leadership responsibilities.
• Computer literacy and proficiency.

Disired Skills:

• Extensive experience in credit risk management, with a strong understanding of credit principles and practices
• Proven track record of leadership and team management.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Ability to work under pressure and make informed decisions.
• In-depth knowledge of regulatory requirements and industry standards.
• Compliance with the legal regulations.
• Credit evaluation experience.
• Handled a team.
• Analyze credit data and market trends to present solutions.
• Work closely with sales, finance and lending teams to understand challenges and provide process policies. • Assess performance reviews for the team.
• Align with senior management on risk strategies.
• Review and approve credit applications.