Credit Administration Officer

Oikocredit
THE ORGANIZATION:

OikoCredit is a worldwide cooperative founded in 1975, which promotes sustainable development by providing loans, investments and capacity building to the financial inclusion, agriculture and renewable energy sectors. As a social investor, OikoCredit’s work is guided by the principle of empowering people to improve their livelihoods. Since 1995, OikoCredit has been providing support to financially disadvantaged people in Kenya and over the years, our operations have grown regionally to include Malawi, Rwanda, Uganda and Zambia. Our products and services include: loans, credit lines and equity investments to eligible microfinance institutions, trade cooperatives, savings and credit cooperatives, agricultural processors/exporters and Fair-trade organizations; and capacity building and technical assistance for our partners in terms of social performance management, client protection principles, risk management, product development, market and strategic positioning, plus human resource training and development. OikoCredit is a social impact investor; our activities are commercially focused, and our sustainability is key in order that our vision may be realized. For more information visit https://ea.OikoCredit.coop/

THE JOB ROLE:

To strengthen our operations in East Africa, we are looking for Credit Administration Officer who will work in the East Africa region. You will be responsible for providing operational and para-legal support to OikoCredit’s regional office.

THE KEY RESPONSIBILITIES:

More specifically, you will have the following responsibilities:
  • Provide input for the development of policies, procedures, instruments and standards within your assigned area of work while considering the business needs.
  • Select, structure, combine and interpret external and internal data, information and developments, to support investment decisions.
  • Provide functional advice and support concerning relevant matters relating to your assigned area of work.
  • Contribute to the implementation of processes relating to your own area of work within OikoCredit and carry out the work within the assigned work field.
  • Provide insights at request or at own initiative regarding quantitative and qualitative developments by means of periodical and ad hoc reports and/or analyses.
  • Signal possibilities for improvement and standardization of processes, techniques and systems and (co)develop, implement and/or optimize these processes, techniques and systems (after approval).
  • Collaborate and cooperate across departments in projects, knowledge sharing and process optimization.

THE REQUIREMENTS:

This position will suit an individual with a legal background and experience in financial services. In addition, the Credit Administration Officer will be a customer-focused, self-driven, self-organized, action-oriented, results-focussed professional. You will also have:
  • Bachelor’s Degree in legal, business administration, Finance or similar
  • 3-5 years of relevant work experience in banking; experience in credit admin or legal department conducting KYC and related functions is a definite advantage
  • Experience or knowledge of inclusive finance/renewable energy/agriculture finance
  • Extensive user skills of Microsoft Excel and computer literacy in general
  • Demonstrable communication, interpersonal, self-organization and analytical skills
  • Good command of the English language; French will be a definite advantage.

HOW TO APPLY:

You should send your application through the Adept Systems web-portal, jobs.adeptsystems.co.ke. It should include:
A covering letter that clearly demonstrates, based on the job described here and its requirements, why you are the best person for this job.
  • An up-to-date CV
  • The names and addresses of three professional referees.
  • Your email, Skype address and day-time telephone number
  • Details on current and expected remuneration, and your contractual notice period/earliest availability.
  • Closing date: 28th February 2020

Only shortlisted candidates will be contacted.
OikoCredit is an equal opportunity employer
Please note that we do not charge for receiving or processing applications.

Investment Analyst

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Organisation Background

Nordic Microfinance Initiative (NMI) was established in 2008 as a public-private partnership with the aim to invest in and build institutions providing financial inclusion in Sub-Saharan Africa and Asia. The public sector is represented by Norfund, the Norwegian Government Investment Fund for Developing Countries, and IFU, the corresponding Danish government fund. Together with Scandinavian private sector investors, NMI has so far invested around 200 million USD in microfinance and other institutions providing financial inclusion in developing countries, currently reaching close to 10 million clients. We strive to create both social and economic results.

NMI is growing strongly, also in Sub-Saharan Africa, and will now hire a Nairobi based Investment Analyst.

We offer

A unique position where you can help create change for people who are financially excluded. You will have the opportunity to work with very demanding investment assessments and company follow-ups, where the goal is primarily to strengthen the poor's access to good and safe financial services, while at the same time ensuring profitability and good risk management. The right candidate will have ample opportunities to contribute to the further development of NMI. You become part of a professionally sound, unbureaucratic, and dynamic organization in a good working environment, with opportunities for both professional and personal development. Compensation in accordance with market standards. Workplace is Nairobi, Kenya. Some travel must be expected. Normal workload outside of travel activities.

Job Summary

As an Analyst, you become part of the investment team that identifies, analyses and manages the NMI's portfolio of investments. You will have the opportunity to develop your knowledge in finance in an international environment with committed and experienced colleagues, and with investments in very interesting and demanding markets. A key task will be to analyse companies and assist in preparing a solid decision-making basis for NMI management, investment committees and the Board. The position will work under the guidance of the Investment Manager based in Nairobi, Kenya for his/her day to day activities and will report to the CEO based in Oslo, Norway.

Key Responsibilities

• Evaluation of new investment opportunities in target geographies
• Assist in monitoring performance of existing investments and investment portfolios, including social performance measurements
• Develop and maintain financial models
• Track new developments and opportunities in the financial inclusion sectors in target geographies
• Preparation of presentations and reports for the management and the board
• Ad hoc tasks and projects

Qualifications

• Bachelor’s Degree in Finance or other related field
• CFA/CPA/ACCA qualification
• 3 - 5 years of experience in investment environment, analysis, financial management, auditing, transaction consultancy or the like
• Demonstrable understanding of venture investment and end to end investment cycle.
• Solid experience in financial analysis and financial modeling
• Advanced skill in Excel, PowerPoint and other Office Products
• Good English knowledge, both written and oral
• Experience with other countries and cultures is an advantage
• Adaptable and socially intelligent.

How to apply

Please make your application on our online recruitment portal. This will require you to create a profile and in addition attach your detailed and up to date CV with your contact details, details of current and expected remuneration, the names of three professional referees and a cover letter demonstrating how you meet our requirements. Your application should be sent by close of business Friday, 28th February 2020.


Only shortlisted candidates will be contacted.
Please note that we do not charge fees for receiving or processing job applications.

Contact Details

Address: 3rd Flr, Western Heights, Karuna Road, Nairobi

Tel: +254 20 3744430, +254 723 028383

Fax: +254 20 3742938

Email: info@adeptsystems.co.ke
 

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