Job Summary

We are looking for a Credit Analyst to support growth of our loan book through effective credit risk & portfolio management.

  • Minimum Qualification: Bachelor
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description/Requirements

Job Description
Your responsibilities as a Credit Analyst will include identifying, evaluating and monitoring the non-performing loan accounts and implementing a recovery action plan to achieve timely and maximum recovery at a minimal cost and appropriate turn-around time. To be successful in this role, you should have a good understanding of lending procedures, analytical skills and a good negotiator.

Responsibilities
1. Contact borrowers deemed at risk and recover outstanding balances;
2. Planning and implementing a course of action to recover outstanding loans;
3. Keeping and maintaining collections records with the use of relevant software such as MS Office;
4. Track and locate borrowers through the necessary means to begin the recovery process;
5. Visit uncontactable borrowers and negotiate payment terms.
6. Preparation of daily analytics and reporting on assigned portfolio performance;
7. Monitor performance of loans and recommend remedial measures in consultation with the Credit Manager;
8. Regularly follow up overdue balances within agreed timescales;
9. Maintain sound relationships with borrowers;
10. Handling of account reminders to all active borrowers as shall be directed;
11. Work together with the team to develop sound credit policies;
12. Ensure debt collection and recovery procedures are followed to the latter in accordance with the company risk policies and procedures;
13. Enhancement of customer service, ensuring all customer queries/complaints are conclusively resolved within the required timeline.

Requirements
1. At least 3 years experience in a fast paced lending business environment;
2. A Bachelors in a business related field;
3. Professional training in credit will be an added advantage;
4. Hands-on experience with lending procedures and products;
5. Proficiency in the use of Ms. Office & Google spreadsheets;
6. Prior experience in debt collection will be an added advantage;
7. Flexibility to work over weekends.

Skills
● Negotiation;
● Time management

● Judgment and decision-making aptitude;
● Demonstrated integrity and ethical standards;
● Problem-solving and analytical ability.

How to Apply
Send updated CV and cover letter by 30th October 2021.

Important Safety Tips

1. Do not make any payment without confirming with the BrighterMonday Customer Support Team. 2. If you think this advert is not genuine, please report it via the Report Job link below.

Get Insured through mTek Services

You can explore medical and personal accident insurance covers conveniently. Compare pricing from various insurance companies, save, and budget GET INSURED

Share Job Post

Stay Updated Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

Log In to apply now

Activate Notifications Stay productive - get the latest updates on Jobs & News
Activate
Deactivate Notifications Stop receiving the latest updates on Jobs & News
Deactivate
Nairobi
| Full Time |
KSh Confidential
2mos
Nairobi
| Full Time |
KSh Confidential
2mos
Nairobi
| Full Time |
KSh Confidential
2mos