Credit Administrator

Key tasks/accountabilities

• Monitoring loan review activities in areas of operation to minimize losses and ensuring that lending practices adhere to the existing policy guidelines
• Formulating and recommending enhancement of credit collection guidelines, policies and procedures
• Examining all loan applications and ensuring adequacy and completeness of pre-loan eligibility requirements; client screening criteria, loan approval authority, repayment terms and incentives, delinquency and default management
• Implementing effective delinquency measurement and loan loss monitoring procedures for all lending operations, loan processing, and training credit management staff on credit risk management
• Overseeing the day-to-day management of the credit administration functions and credit risk management processes for all areas under operation
• Monitoring loan accounts, loan repayments and delinquent accounts and write-offs to be in the acceptable past due rate.
• Ensuring that the credit granting transactions are based primarily on the strength of the borrower’s paying capacity
• Close monitoring of non-performing loans and providing periodic status reports to the Head of Credit Operations.
• Ensuring regular audits and spot checks and ensuring that lending policies and loan administration activities adhere to the existing policy guidelines, including adequacy and security of collateral
• Maintaining the portfolio of the institution and ensuring that it is to the required standard as per the policy
• Evaluating regularly and periodically and reporting on loan accounts with respective credit limits reflecting the risk associated with the near-term liquidation of positions in the event of default

Academic and professional qualifications

• At least a Bachelor's degree in Business Administration, Commerce, Economics, Development Studies plus three years’ relevant experience or a Diploma plus five years’ relevant experience
• At least 3 years of working experience in a busy Financial Institution work environment

Work experience

• Experience in Microfinance, banking, financial management, investment advisory, small and medium business development and marketing
• Experience in the use of various analytical financial methodologies and execution of different development financial products and services, credit and default management
• Proven ability to seek timely, cost-effective and efficient solutions which ensure value for money
• Experience in managing staff.

Additional skills

• Good leadership and team management skills.
• Self-motivated with the ability to work with minimal supervision
• Ability to proactively identify gaps and provide solutions for filling them.
• A good team player.
• Excellent oral and written communication skills.
• Excellent relationship management and communication skills necessary for interactions with colleagues and external stakeholders/customers
• Proven ability to delicately solve sensitive matters and ensure value for money
• Excellent proficiency in MS Office applications.

How to Apply:All applications will be received and reviewed through the BrighterMonday Portal by clicking on the 'Apply Here' section