Loan Division Head

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Job description

Department Credit/Loan Department Reports To General Manager Supervises • Loan Officers • Credit Analysts • Loan Recovery Officers Job Purpose The Loan Division Head is responsible for planning, managing, and supervising all lending activities of the SACCO. The role ensures that loans are processed efficiently, credit risks are minimized, loan portfolios remain healthy, and lending operations comply with SACCO policies, cooperative principles, and regulatory requirements. The position also oversees loan recovery and contributes to the financial sustainability of the SACCO. Key Responsibilities 1. Loan Portfolio Management 2. Loan Processing and Approval 3. Credit Risk Management 4. Loan Recovery and Collections 5. Policy Compliance 6. Staff Leadership 7. Member Relationship Management 8. Product Development 9. Reporting and Analysis 10. Budget and Planning Qualifications Education • Bachelor's degree in Finance, Accounting, Banking, Economics, Business Administration, or a related field. • A Master's degree is an advantage. Professional Certifications (Preferred) • Credit Management • Risk Management • Cooperative Management • Banking or Finance certifications Experience • 5–8 years of experience in lending, credit management, or banking. • At least 3 years in a supervisory or managerial role. • Experience in a SACCO, microfinance institution, cooperative, or commercial bank is preferred. Skills and Competencies Technical Skills • Credit appraisal and analysis • Loan portfolio management • Credit risk management • Financial analysis • Loan recovery and collections • Regulatory compliance • Report writing • Budgeting and planning • Data analysis • Proficiency in Microsoft Office and core banking/SACCO management systems