Loans Assistant
Full time @Winas Sacco posted 2 weeks ago in Accounting/Finance , in Banking Shortlist Email JobJob Detail
-
Job ID 4398
-
Offered Salary 1000
-
Career Level Others
-
Experience 3 Years
-
Gender Both
-
Industry Banking/Insurance
-
Qualifications Diploma/Degree/Masters
Job Description
Loans Assistant – REF: WSL/05/2025/LA
| JOB TITLE:
DEPARTMENT: LOCATION: REPORTS TO: JOB GRADE: |
Loans Assistant
Credit Branch Credit Officer 2A- 2D |
JOB SUMMARY
The Loans Assistant supports the loans department in processing, monitoring, and managing member or client loan applications. The role involves ensuring loan documentation is complete, assisting in credit appraisal, maintaining accurate loan records, and offering quality service to members. The Loans Assistant plays a vital role in ensuring that loan processes comply with internal policies and regulatory requirements. Reporting to the Credit officer the individual will be responsible for setting up, maintaining reviewing and documenting effective record custody and retrieval system.
Duties and responsibilities:Loans Assistant
- Reconciling the monthly loan and interest deductions received whether paid by cash, check off or standing orders versus monthly installment expected and identify any variance for action.
- Monthly reconciliation of all loans issued out to ensure they are paid as per loan schedule. This will help to identify the omissions and deduction that may have stopped along the way.
- Reconciling MOU loans and their salaries to detect any risk that may result to the Sacco loan being unpaid
- Ensuring that all data on loans and monthly deposits contribution for all members have been captured effectively by either through standing order or check off. Timing and accuracy is key.
- Ensuring that all counties’ data, TSC, Government Ministries and Parastatal have been captured and delivered to various employers before deadline for closing the payroll in a particular month.
- Doing monthly reconciliation on standing orders to identify those that might have failed to recover expected funds as set in the system.
- Doing monthly reconciliation on accounts opened and not being banked in order to arrest dormancy and activate them.
- Reporting of refunds of overpayment
- Attending to members queries and Loan appraisal
- Preparing of deceased claim analysis to the insurance company upon reporting by the family members
- Performing any other duties that may be assigned by the Senor Loans Officer like verification of member information/documents and chattels registration in the E- registry on microcredit and business loans.
KEY QUALIFICATIONS AND COMPETENCIES
Academic Qualifications
- Minimum Kenya Certificate of Secondary Education (C) Plain
- CPA section II or Diploma  Credit Management or diploma co-operative management
- Age 28 – 35 years
Experience:Â Â
2 to 3 years’ experience as a credit office
Skills and Competencies
- • Good inter personal and Communication skills
- • Sound knowledge of Sacco laws and regulations
- • A person of integrity, and team player with effective communication skills
- • Excellent analytical, interpersonal, and team management skill
- • Strong analytical skills
- • Attention to detail.
- • High degree of integrity
How to Apply
Interested qualified candidates are invited to submit their Application and Curriculum Vitae indicating full contact details of three professional referees through Winas DT. Sacco website on the link https://winassacco.com/careers, not later than 23rd May 2025 at 5.00pm. Please note all applications are strictly online.Â
Winas DT. Sacco society does not, and will never solicit money for any part of its recruitment processes including short-listing, interviews, background checks, and /or medical checkups. Only shortlisted candidates will be contacted.
Other jobs you may like
-
Internal Audit
- @ The Kenya Deposit Insurance Corporation (KDIC)
- Nairobi, Nairobi County, Kenya, 01000
