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Credit Administration Officer at Bank of Africa Kenya Limited

posted 3 hours ago
Job Overview
Employment FullTime
Location Nairobi Kenya
Experience At least 4 years
Education Level Bachelor's Degree
View More in Jobs > Accounting & Finance
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Opportunities Meet Aspirations

Responsibilities and Accountabilities

Financial- Support the bank’s strategic pillars of growth and profitability through;

  • Ensuring all fees and commissions related to loan disbursement/limit marking, invoice discounting is recovered.
  • Recovering life insurance premiums on granted facilities.

Optimization of Internal operational processes through;

  • Posting transactions related to loan disbursement, limit marking and invoice discounting.
  • Raising RTGS/SWIFT to CPU transfers
  • Booking of restructures and rescheduled loans
  • Placing and removal of liens.
  • Amending of loans dates, interest etc.
  • Maturing of loans Partially or fully as per customer instructions.
  • Preparation of clearance letter and dispatching the same to the requesting party
  • Advising on correct take over balances in a timely manner.

Averting operational risk through;

  • Raising cancellation memos when need arises.
  • Verifying instructions for security release, balance transfer from check-off and release of cash margin on facilities.

Maintaining Customer service standard through;

  • Executing instruction within stipulated SLA i.e. Timely disbursement, marking of limits etc.
  • Ensuring timely resolution and response to raised queries by the stakeholder in question.

Continuous growth and development through;

  • Growing self-skills through bank and individual learning
  • Engaging in teamwork initiatives that grows an individual.
  • Attending both internal and external training provided by the bank.

Adherence to Audit and compliance standards through;

  • Improving audit rating by sticking to laid down procedures.

Minimum Requirements; Work Experience, Academic and Professional Qualifications.

  • Bachelor’s degree in business related field.
  • Professional qualification in a business-related course is an added advantage.
  • 4 years of banking experience in credit with knowledge in digital applications.

Competencies and Attributes

  • Good Interpersonal skills: Ability to communicate professionally with all stakeholders.
  • Efficient in posting error free transactions.
  • Responsible and reliable: Able to execute duties diligently and accurately with minimum supervision.
  • High degree of integrity-Ability to execute duties while adhering to values strongly held.
  • Analytical skills-keenness to details.


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