Portfolio Manager at Centum

Job Brief

Zohari Credit Limited is a Kenyan-based microfinance institution that is registered under the Company’s Act. The Company’s vision is to provide loans to civil servants at market-beating rates with a delivery timeline of 24 hours.

Main Responsibilities

1. To approve and reject loan applications based on verification of all required documents and credit criteria.
2. To research and evaluate clients’ creditworthiness and ascertain relevant information regarding clients for issuance of new loans, buy-off statements, clearance letters, and stoppage instructions.
3. Maintain records of loan applications
4. To prepare deduction sheets and book loans with employer payroll.
5. To process loans for disbursement once they have been booked correctly from the employer payrolls and ensure that the employer feedback is verified.
6. Monitor all the active accounts disbursed monthly and ensure collection efficiency.
7. Upload all client deductions into their respective individual accounts.
8. Gather intelligence information in the field and professional networks and payroll staff to mitigate the risk of fraud and inform management on the issuance of good loans.
9. Gather market trends and intelligence on new trends and products in the market to ensure business continuity.
10. Follow up payments from employers to ensure timely payments
11. Ensure all lending procedures comply with regulations
12. Develop, review and update the company’s credit policies

Qualifications and required experience

• BSc in Accounting, Economics, Banking and Finance or relevant field would be an added advantage
• Three years experience in a similar role
• Proven work experience as a lending portfolio manager
• Hands-on experience with accounting software
• Solid understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets
• Negotiation skills

Zohari Credit is an equal opportunity employer