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  • Posted: Jun 15, 2024
    Deadline: Not specified
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    YMSL is a financial services organization that models itself after the Grameen Bank in Bangladesh. We use a group-based lending methodology and work exclusively in rural and peri-urban Coastal Kenya. Yehu offers savings and a variety of loan products to its clients. Credit officers travel by foot, or on motorbike to meet weekly or bi-weekly with clients, 80% of whom are in the remote Coastal villages in Kenya.
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    Credit Risk Management Officer

    • Are you a detail-oriented financial expert with a passion for risk assessment and management? Do you excel at analyzing financial data and developing strategies to minimize credit risk? If so, we have an exciting opportunity for you!
    • We are seeking a dynamic and experienced Credit Risk Management Officer to join our team. In this crucial role, you will be responsible for assessing and managing the credit risk of our portfolio, ensuring that our lending practices are robust and aligned with industry standards. Your expertise will help us maintain the financial health of our organization while supporting our growth objectives.
    • As a Credit Risk Management Officer, you will collaborate with cross-functional teams to develop and implement risk management strategies, analyze creditworthiness of potential clients, and monitor existing credit exposures. Your insights and recommendations will be vital in shaping our credit policies and procedures.
    • If you have a strong background in finance, exceptional analytical skills, and a keen eye for detail, we invite you to apply and become a key player in our financial success story. Join us in our mission to empower rural communities through access to innovative, affordable and sustainable financial solutions in a socially responsible manner

    Responsibilities:

    • Assess credit risk for new and existing clients
    • Develop and implement risk management strategies
    • Monitor and report on credit exposures
    • Collaborate with other departments to ensure cohesive risk management practices
    • Provide recommendations to improve credit policies and procedures

    Qualifications:

    • Bachelor's degree in Finance, Economics, or a related field (Master's preferred)
    • Proven experience in credit risk management or related roles
    • Strong analytical and problem-solving skills
    • Excellent communication and interpersonal abilities
    • Proficiency in financial analysis software and tools.

    Method of Application

    Take the next step in your career with us and apply today! Applications containing a current CV and a letter of interest to be submitted through mail to hr@yehu.org addressed to;

    The Human Resource & Administration Officer

    Yehu Microfinance Services Ltd

    P.O Box 82120 - 80100 Mombasa

    Applications will be reviewed on rolling basis.

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