Credit Manager
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Job summary
The Credit Manager will be responsible for growth of the Society’s loan portfolio while ensuring quality and health of the loan book is maintained by reviewing non-performing assets book and developing appropriate strategies to ensure timely recovery of amounts due, with minimum loss exposure.
Min Qualification:
Bachelors
Experience Level:
Mid level
Experience Length:
7 years
Job descriptions & requirements
Job Reference No: FSS/CM/01
Vacancy: Credit Manager (1 Position)
Department: Credit Department
Reporting to: Chief Executive Officer
Supervisory Role: Senior Credit Officer, Credit Officers and Credit Assistant Finnlemm is a Regulated Non-WDT Sacco deriving its members from the employees of Diplomatic Missions, Non-Governmental Organizations & their affiliates and individuals, having opened the common bond. We are seeking a passionate, self-driven and creative individual to join our Credit Team as the Credit Manager.
Roles Summary
1. Strategic Planning & Management
2. Compliance & Risk Mitigation
3. Operations & Reporting Role
HR & People Management Role
Key Responsibilities
1. Strategic planning & management
i. Review and introduce market driven loan products
ii. Developing credit risk management and score card analysis
iii. Providing technical advice to staff, management and board on credit issues
iv. Formulating, establishing, reviewing and implementing the Sacco’s credit policies and procedures
v. Managing relationships with business partners having direct impact to the credit department.
vi. Signatory to the bank accounts and approval of payments to the assigned limits
2. Compliance & Risk
i. Formulating, establishing, reviewing and implementing credit fraud prevention and mitigation
ii. Ensuring all credit transactions are in compliance with laws and regulations
iii. Ensuring compliance with legal and regulatory guidelines in lending.
iv. Monitoring/ controlling loans in the risk and compliance framework
3. Operations & Reporting
i. Supervising collection of delinquent non-performing and charged off loans
ii. Preparing periodic credit administration reports for Finnlemm Sacco
iii. Preparing instructions to auctioneers and debt collectors
iv. Presenting recovered securities sale bids to the Procurement committee with
recommendations on disposal.
v. Maintain a register of loans security documents, security recoveries and sale including renewal of insurance premiums
vi. Leading in growth of a high quality and profitable loan portfolio
vii. In liaison with the Sacco Advocates, handles all matters relating to credit defaulters
viii. Preparing all documentation required by the Sacco’s Advocates in all court matters
ix. Dual custodian for safe custody and security documentation.
x. Reporting to the Regulator on all regulatory reports within required time frames.
xi. In liaison with the Sacco Advocates, handles conveyance related issues in respect to loan securities
4. HR & People Management
i. Supervise staff in the department and handle Talent Management, performance appraisals, work schedules, leave management of direct reports
ii. Support the CEO and advise on human resource matters, including drafting of JDs, and
hiring of new employees in the Credit department.
iii. Handle welfare and disciplinary issues within the department
iv. Ensure motivation and team work within the department for high productivity
Any other duties as assigned by the CEO or the Board
Knowledge, Skills and Experience
Academic & Professional qualifications
1. Bachelor’s degree in Finance, Accounting, Banking, Credit Management or any other related qualification.
2. Professional qualifications in Credit Management (Certified Credit Professional)
3. Holder of CPA (K) and member of ICPAK in good standing
4. Minimum of 7 years’ relevant experience in credit administration or loan management gained from working at management level in a financial institution, Sacco or Microfinance.
5. Knowledge of SASRA regulations will be an added advantage.
6. Must be proficient in MS Office Suite of Packages. Experience in Navision is an added advantage.
Technical and Interpersonal skills
1. Strong analytical skills, excellent communication, negotiation skills and interpersonal skills, focused, self-driven and attentive to detail.
2. Very good command of both written and oral English
3. Ability to advise senior management and member stakeholders on credit management initiatives.
4. Strong business acumen and highly dependable.
5. Good customer service and interpersonal relations skills.
6. Experience in team leadership and supervision.
7. Good skills in report writing and data analysis.
8. Proven skills in credit risk analysis and mitigation
How to Apply:
Interested candidates who meet the minimum requirements to:
(i) Click on Credit Manager – Fill out form and fill all the fields.
(ii) Send their certificates & testimonials, detailed CV including 3 referees and a cover letter to humanresource@finnlemm.com by 8th February 2026. You must quote the Job Reference Number on the email subject. Only shortlisted candidates will be contacted.
Finnlemm Sacco is an equal opportunity employer. If you do not hear from us by 31st March 2026, consider yourself unsuccessful
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