Sacco Loan Issuance Officer Job Co-operative Bank

Job description

Finance Jobs, Co-operative Bank Jobs. Responsible for processing and issuing SACCO loans, verifying loan applications and supporting documents, ensuring approved loans meet policy requirements, coordinating disbursements, maintaining accurate loan records, and responding to member queries. Requires a relevant Bachelor’s degree or Diploma in Banking, Finance, Accounting, Business Administration, or a related field. The position is based in Nairobi and requires on-site work.

Key Responsibilities

• Receive, verify, and process loan applications.
• Conduct comprehensive credit appraisals and assess members’ repayment capacity.
• Verify member eligibility based on deposits, income, guarantors, credit history and other criteria in the credit policy.
• Prepare loan appraisal reports and recommendations for approval.
• Ensure all loan documentation is complete and compliant before disbursement.
• Process approved loans within the agreed turnaround time.
• Ensure compliance with the Sacco Credit Policy, regulatory requirements, and internal procedures.
• Identify and escalate high-risk loan applications.
• Provide members with accurate information on loan products and repayment terms.
• Maintain complete and accurate loan records.
• Support branch loan growth through member engagement and product promotion.
• Prepare periodic reports on loan processing and portfolio performance.

Qualifications

• Bachelor’s degree in Finance, Accounting, Banking, Business Administration, Economics, or a related field.
• Minimum of two (2) years’ experience in credit administration, loan appraisal, or lending within a Sacco, microfinance institution, or commercial bank.
• Sound knowledge of credit appraisal techniques and lending principles.
• Proficiency in Microsoft Office applications and Sacco/Core Banking systems.
• Professional qualifications in Credit Management will be an added advantage.

Core Competencies

• Strong analytical and financial assessment skills.
• Excellent communication and interpersonal skills.
• High level of integrity, professionalism, and confidentiality.
• Attention to detail and accuracy.
• Ability to work under pressure and meet strict deadlines.
• Customer-focused approach with excellent service delivery.
• Strong problem-solving and decision-making skills.
• Ability to work independently and as part of a team.

How to Apply

Click here to apply