Credit Officer

Responsibilities:

Loan Origination & Client Engagement:

• Identify and recruit potential borrowers, including individuals, SMEs, public servant workers, informal sector groups, and cooperative societies.
• Promote Hayok Credit products, especially health insurance financing, MSME loans, and structured credit packages.
• Conduct community and market visits to build a strong client pipeline.
• Support onboarding and documentation of new clients.

Credit Assessment & Appraisal:

• Conduct financial and background assessments of loan applicants.
• Review client income streams, repayment capacity, and credit history.
• Prepare credit appraisal reports and recommendations.
• Ensure compliance with internal credit policies and regulatory requirements.

Loan Processing & Disbursement Support:

• Support the preparation and verification of loan documentation.
• Coordinate with operations and finance teams to ensure timely loan disbursement.
• Ensure all KYC requirements and risk checks are completed.

Portfolio Monitoring:

• Track loan utilization and repayment performance.
• Provide early warning signals for potential default risks.

Recovery & Collections

• Follow up on overdue accounts and implement recovery strategies.
• Engage clients respectfully to negotiate repayment plans where needed.
• Support repossession and recovery processes in line with company policy.

Reporting & Data Management:

• Maintain accurate records of client interactions and loan performance.
• Submit periodic reports on the loan pipeline, disbursements, and collections.
• Use digital tools and lending platforms to track credit activities.

Compliance & Risk Management:

• Ensure adherence to Rex MFB lending policies and procedures.
• Support fraud prevention by verifying client information and documentation.
• Maintain confidentiality and protect client data.

Requirements:

• Minimum BSc. 
  
• 4 years of previous experience in a similar role.