- LOAN OFFICER
Loan officer duties and responsibilities:
- Provide information to the members concerning the different types of loans offered, the terms and interest rates and the documentation needed to be considered for a loan;
- Loan officer receives and analyzes loan applications. Interview loan applicants, obtain all of the necessary documentation to make the loan decision;
- Appraisal of the applied for and the applicant’s capacity to pay and technically advise the Staff/Credit Committee to take the final decision depending on the approval limits.
- Visits the guarantees and projects to be financed;
- Make loan decisions in a timely fashion to meet member needs;
- Provide financial counseling to members on how to use wisely the loan;
- Make follow up of the payments of the borrowers and participates in the recovery of NPLs.
- Grant and assess loans in according to credit policy and procedures and in compliance with local law(s) and regulations in place;
- Refer all borrower requests for loan extensions, refinances, or any changes to original loan terms to the SACCO manager;
- Take, maintain and keep the minutes of loan office meetings;
- Maintain all loan documents and ensure that all loan files are kept according to the procedure;
- Make suggestions to the Manager, Credit committee and/or BoD concerning changes to the lending policy and/or procedures;
- Regularly evaluate the SACCO’s lending performance;
- Make counter offers to borrowers that are creditworthy but cannot qualify for the loan they requested;
- Assist management in drafting written procedures that clearly state how each step of the lending process is performed;
- Prepare the loan portfolio report including loan aging schedule, loan provisioning etc.;
- Properly secure the collateral used to qualify for the loan.
Required professional, academic qualifications and key technical skills
- Bachelor’s degree in finance, Accounting, Management or any other related field
- Computer skills
- Excellent communication skills
- Analytical skills
- Team working skills
- Integrity
- Decision making skills
- Fluency in Kinyarwanda, English, and/or French. Knowledge of all three is an added advantage.
- Having experience and professional certificate is an added advantage
The selected candidate will be subject to the regulatory approval.
Job application procedure for LOAN OFFICER and ACCOUNTANT
Interested candidates should send their application documents including application letter, Curriculum Vitae, copy of ID, copies of academic and professional certificates, names of three referees as well as their emails and phone numbers.
All applications are to be addressed to the Chairman of Board of Directors of GATSATA SACCO AMIZERO.
Deadline for application: Friday, 31st May 2024 at 5:00 PM.
Only shortlisted candidates will be contacted for the examen
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