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Credit Admin Officer
- Loan processing and approvals
- Ensuring quality of the loan book through aggressive follow up on instalment payment.
- Ensure effective loan collection and default management.
- Timely suspension of overdue accounts.
- Liaising with the insurer on account termination for non-performing accounts.
- Timely lifting of accounts made good.
- Maintaining records of terminated accounts with correct balances.
- Follow up of prorate refunds from the insurer for cancelled policies.
- Maintaining an up to date records of the loan book.
- Enhance the client experience through accurate and timely resolution of client issues.
- Develop and update lending manuals and ensure staffs are trained on the same.
- Ensure compliance with the lending policies and guidelines across the credit team.
- Ensure frequent and timely periodic formal and informal reporting
- Custodianship of the loan processing documents.
Account – Resolution Credit
- Preparation of monthly management accounts.
- Timely and up to date bank reconciliations.
- Preparation of audit schedules both for internal and external audit.
- Processing the monthly payments and maintaining an up to date and accurate payables accounts.
- Maintaining the receivables accounts and ensuring prompt receipt of all receivables.
- Daily monitoring of the bank and Mpesa statements and maintaining an up to date and accurate schedules of the debits and credits.
- Generating a daily list of the clients whose instalments have not been honored.
- Confirming payment for suspended accounts and advising credit on suspension lifting.
- Ensuring that the necessary charges have been levied and paid before account lifting.
- Regular remittance of cash to the Insurance companies for the premium financed.
- .Maintaining optimal cash balances in the account and avoiding idle cash.
- Ensuring that all the tax obligations are complied with fully.
- Ensuring all premium underpayments are fully recovered on a monthly basis.
- Discount approvals
Visit Resolution Insurance CAREERS PAGE to Apply
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