Credit Administration Officer Job in Kenya

Job Summary

  • The Credit Administration Officer is responsible for the end-to-end process of client onboarding and loan application processing, ensuring the accuracy of client information and evaluating creditworthiness. This role involves a thorough assessment of client applications and adherence to compliance and risk management standards.

Responsibilities

Client Onboarding:

  • Receive and welcome new clients.
  • Collect and maintain accurate client information and documentation.

Verification of Personal and Business Information:

  • Verify the accuracy and completeness of client-provided personal and business information.
  • Ensure compliance with legal and regulatory requirements.

Credit Analysis:


  • Analyze the financial data of clients to determine their creditworthiness.
  • Pull and review credit reports to assess credit risk.

NTSA Searches, In-Charges, Transfer of ownership a:

  • Conduct NTSA searches, review in-charges, and accept transfer of ownership (Asset finance) for due diligence purposes.
  • Process Discharge of logbook after loan clearance and Approval from the Credit Administration Manager.

Loan Application Assessment:

  • Make recommendations on loan applications, including approvals, declines, or adjustments.
  • Issue Offer Letters to clients.

Valuation &Cartrack Instructions:

  • Issue valuation instructions for the appraisal of clients’ collateral (e.g., vehicles).
  • Issue Cartrack instructions for monitoring movements (e.g., vehicles).

Valuation Report & Cartrack Certificates Review:

  • Receive and evaluate valuation reports and recommend loan amounts based on the Forced collateral value.
  • Verify Valuation Invoices and recommend for payment through the Credit Administration Manager.
  • Receive and evaluate cartrack certificates reports and verify through the GPS system.

Document Management:

  • Safeguard and record original logbooks from branches/Credit Sales Officers.
  • Assist in the collection and processing joint logbooks from NTSA.

Loan Document Handling:

  • Receive, verify, and securely file loan documents for safe custody.
  • Process collateral release requests after proper verification/Loan Settlement with Approval from the Credit Administration Manager.

Insurance Verification:

  • Request Insurance Quotes and processing Insurance Premium Financing (IPF) Loans.
  • Verify insurance coverage related to clients and their collateral.
  • Process documentation for insurance accident claims when necessary.

Credit Underwriting Verification of;

  • All signed documents
  • Cartrack GPS Movement
  • Confirmation of Insurance Financial Interest
  • NTSA Confirmation
  • Creation of Loans and have all documents uploaded via core banking system

Assisting Collection team

  • Preparation of Letters
  • CRB update
  • Collateral release after Auction sale.
  • Invoices: Preparation of Service provider(s) invoices in line to credit and recommending for approval through the Credit Administration Manager/CEO.
  • Any other duty that may be requested by the management.

How To Apply

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