Credit Officer at Youth Enterprise Development Fund Board

Credit Officer at Youth Enterprise Development Fund Board
Summary:
The Youth Enterprise Development Fund is Kenya’s leading youth economic empowerment agency. The Fund is now four years old and has supported thousands of youth with business loans, market support, entrepreneurship training and jobs placement abroad.

The Fund now seeks to fill the positions below which have arisen as a result of expansion.

Description:
Reporting to Senior Credit Officer, the Credit Officer will be assigned regional credit portfolio and will work hand in hand with regional coordinators, District Youth Officers and other credit officers at Head office to ensure individual and (or) youth groups who have benefited from the products of the Fund are performing as expected.

Responsibilities
•Oversee mobilization of youth groups, loan appraisal and disbursements of loans to individual youths and groups.
•Assist in monitoring and evaluation of loans given to youth groups and prepare monthly status report for each Constituency;
•Carry out trainings to youth
•Update on monthly basis the repayments made by each group in assigned constituency from the bank statements of the collections accounts;
•Follow up on weak groups with the assistance of District Youth Officers and Constituencies
•Prepare payment schedules for each Constituency based on the field returns
•Responsible for system input and maintenance of Loans, credit analysis, security documentation and maintenance, preparation of letters of offer, reports and maintenance of data in IFMIS;
•Answer to any queries from local leaders and other stakeholders on issues relating to the Constituency based loan products
•Make field visits to areas and groups that may show poor performance and provide required advisory and remedial services as and when required.

Requirements:
Qualifications
•A first degree in a Business related field from a reputable university.
•Specialized training in credit or Micro Finance will be an added advantage
•A masters degree in a business discipline will be an added advantage
•Over 3 years experience in credit, preferably in a micro finance institutions.
•Ability to manage all aspects of lending cycle for the Fund`s lending products.
•Possession of good analytical and reporting skills
•Willingness to travel to remote rural areas, passion and eagerness to assist and help empower the most marginalized youth across the 210 constituencies in the country.
•Possess good interpersonal skills to interact with key stakeholders including senior government officials.
•Possess good leadership skills, with ability to manage others.

Applicants are also expected to provide postal, telephone and email contacts of three references latest by 10th of December 2010. The relevant reference number must be indicated on the envelope. Any application coming later than this date will not be considered.

Closing Date: 10 December 2010

Contact Info: The Chief Executive Officer
Youth Enterprise Development Fund Board

The Chief Executive Officer
Youth Enterprise Development Fund Board
P.O.Box 48610 – 00100
Nairobi.