The Credit Officer will be responsible for ensuring farmers can access and repay financing for their biodigesters by evaluating creditworthiness, driving timely loan collections, and maintaining a healthy credit portfolio in strict compliance with Sistema.bio’s credit policies.
Responsibilities
- Credit Portfolio Management: Monitoring and reviewing
the performance of credit accounts to ensure timely repayments and PaR of
less than 10%.
- Loan Evaluation and Approval: Reviewing
credit applications guided by established processes, credit policy, and
the risk profile of the farmer, with an approval turnaround of less than
72 hours.
- Field Recovery Activities: Conducting on-ground field visits
to customers in default, negotiating repayment plans, and resolving
repayment challenges to achieve a minimum of 80% of monthly collection
targets.
- Client Support and Engagement: Educating clients on
repayment obligations, warranties, and consequences of non-payment while
ensuring customer satisfaction.
- Loan Collection: Ensuring full installment is paid on due
date, activating all dormant accounts in the portfolio, ensuring all
regular payers do not miss payments, visiting all customers in arrears and
demanding payments, and regularly calling all customers and making
arrangements for payment plans.
- Collaboration: Working closely with commercial,
technical, and cross-functional teams to provide tailored credit solutions
and ensure compliance with credit policies and loan documentation.
Qualifications
- You possess a Bachelor’s degree in Finance, Accounting, Economics,
or a related field.
- You have at least 4 years of experience in last-mile lending,
preferably in microfinance or the SACCO sector.
- You have strong analytical and financial modelling skills, with
solid knowledge of credit risk assessment and financial products.
- You have excellent written and verbal communication skills.
- You are proficient in credit analysis tools, financial software, and
MS Excel.
- You have strong attention to detail and a good understanding of
financial statements and accounting principles.
- You have Knowledge of industry regulations and compliance standards.
How to Apply
