Credit Analyst

Key Responsibilities

Receiving, Registering, Processing and appraising of loan applications from members. 

Ensure accuracy and completeness of loan application forms received from members

Authenticate documentation presented for all credit applications and ensure they comply with the credit policy

Appraise Member loan applications and make recommendations.

Provide member support during loan enquiries and applications. 

Offer members with alternative solution if they cannot qualify for the applied loan category or levels. 

Handle member complaints and take appropriate action to resolve them. 

Ensure all applicants are advised on the fate of members applications promptly

Advise Credit Officer on demand for loans. 

Build and maintain professional relationships with the contact person in the member organizations. 

Prepare and submit remittance advices to members and payroll officers upon disbursement of members’ loans and advising them on deductions to be cleared. 

Keeping the time frame for the appraisals of loans

Advise members on use of securities (Collateralization of high risk accounts)

Engage in clearance for members exiting the Sacco

Ensure check-off adjustments (for check-off loans) are done accurately and promptly, and ensuring monthly reconciliations of the employer accounts.

Generate CRB reports for loan applications, review and advise applicants as appropriate.

Guarantor substitution and management

Implement Aggressively strategies to collect loan repayments from customers and groups

Monitor and follow-up collections for loans in default

Maintain the PAR at the approved limits at the Sacco

Enhance customer relations and provide excellent customer experiences in Credit operations

Any other duty assigned by the management from time to time.

Essential Skills and Key Attributes

Familiar with Sacco laws and regulations

A person of integrity, team player with effective communication skills

Sound judgement and decision-making ability on lending across all sectors

Excellent in analytical, interpersonal and team management skills

Experience in working with targets and tight deadlines with minimal supervision 

Qualifications and Experience

A Diploma in Accounting/Finance/Co-operatives Management or a Business-Related Degree from a recognized university

CPA IV or Credit Management Certification

A minimum of 3 years’ experience in a busy financial institution

How to Apply:

Interested and qualified applicants are requested to submit their application letter and CV only to shofco.sacco@shofco.org by 30th September 2025.

Any applications received after the closing date shall not be accepted.