Akagera Sacco Kayonza (ASK) is a District Savings and Credit Cooperative (D-SACCO) established following the consolidation of Tuelve Umurenge Sacco’s operating within Kayonza District, in accordance with the Government of Rwanda SACCO consolidation framework. ASK is duly registered under RCA Certificate No. N° RGDG013385 and licensed by the National Bank of Rwanda (BNR). 

In accordance with Law N° 072/2021 of 05/11/2021 governing Deposit-Taking Microfinance Institutions, ASK is authorized to carry out microfinance activities in the Republic of Rwanda.

To achieve its mission and strengthen institutional efficiency, ASK is looking for a qualified, competent, committed, proactive, and self-motivated individual to fill the following vacant position:

JOB ADVERT- BRANCH LOAN OFFICERS

To achieve its mission and strengthen institutional efficiency, ASK is seeking to recruit a competent, committed, professional, and self-motivated Branch Loan Officer to join the institution.

Responsibilities or duties

Under the supervision and guidance of the Branch Business Manager, the Branch Loan Officer shall perform the following duties and responsibilities:

• Work diligently on the assigned work on time and to produce results;
• Comply with the instructions of the employer or his/her representative;
• Take good care of and manage the equipment assigned to him/her in his/her work;
• Be at work and respect working days and hours;
• Maintain the confidentiality of work;
• Follow the principles and codes of conduct governing the business activities of ASK;
• Meets with applicants to explain the loan products and application process, to obtain information for loan applications and to answer questions about the process;
• Compiles application documents, check for completeness and quality and submit applications to the respective authorized staff or committee;
• Negotiates payment arrangements with customers who have delinquent loans;
• Monitors the use of disbursed loans (member visit and documentation) and monitoring of loans for irregularities;
• Files all documents related to loans;
• Prepares documents related to loan rescheduling and loan refinancing for the decision-making authorities;
• Receive and analyze loan application files if they are complete, and to visit the collateral of loan applicants and the projects to be financed for determination of feasibility of granting a loan;
• Safeguarding the collateral used to obtain loans and preparing all necessary documents for the registration of collateral;
• Monitoring the repayment of loans and participating in the recovery of non-performing loans (NPLs) while respecting the default criteria;
• Assessing the borrower's ability to repay and providing technical advice to the Credit Committee for decision-making;
• Providing technical advice to members wishing to apply for loans and conducting awareness-raising activities on credit;
• Preparing provisions for loans in arrears and provisions for loans that have been written off;
• Preparing loan agreements and implementing the recommendations of the Credit Committee;
• Submitting monthly and other reports as necessary to the higher authority showing the status of loans and their interest;
• Providing advice on the performance of projects for which loans have been requested to members on the appropriate use of loans;
• Providing and evaluating loans in accordance with the loan policy and guidelines and the laws and regulations relating to loans;
• Submitting all requests from loan applicants for extension, modification or renewal to the credit committee, management or as provided in the policy;
• Maintaining and updating loan documents and credit committee meeting documentation in protected manner;
• Attending training, meetings and activities aimed at improving loan evaluation skills;
• Advise the credit committee or the board of directors on changes to be made to credit policies or regulations;
• Advise on alternative credit options for applicants who are able to repay but are unable to obtain the credit as requested;
• Assist management in preparing written documents explaining each stage of the credit process;
• Prepare and submit timely credit management reports to the Branch Business Manager;
• Assist in conducting research, evaluation and other studies related to the development of the Department;
• Perform other duties that are not inconsistent with the laws and regulations as may be required by the supervisor or his/her superior authority

Qualifications or requirements 

Experience needed

• Bachelor’s degree in accounting, Finance and Economics.
• Possession of a valid Rwandan driving license (Category A).
• Good understanding of the bank branch operations, rules and regulations, laws, granting loans, and credit risk management.
• Familiarity with computers and banking applications/software.
• Good judge of character to make accurate assessments about people, especially their credibility and their reliability, in determining a loan.
• Three years’ experience in the microfinance and banking industry.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Strong dedication to accuracy.
• Good understanding of mathematical and numerical data

Any other provided details (e.g., benefits, work environment, team info, or additional notes)

ASK promotes equal opportunity. All Qualified candidates are encouraged to apply.

No fees or any form of compensation shall be requested at any stage of the recruitment process.

Benefits are competitive and aligned with those offered by other financial institutions.

• Work diligently on the assigned work on time and to produce results;
• Comply with the instructions of the employer or his/her representative;
• Take good care of and manage the equipment assigned to him/her in his/her work;
• Be at work and respect working days and hours;
• Maintain the confidentiality of work;
• Follow the principles and codes of conduct governing the business activities of ASK;
• Meets with applicants to explain the loan products and application process, to obtain information for loan applications and to answer questions about the process;
• Compiles application documents, check for completeness and quality and submit applications to the respective authorized staff or committee;
• Negotiates payment arrangements with customers who have delinquent loans;
• Monitors the use of disbursed loans (member visit and documentation) and monitoring of loans for irregularities;
• Files all documents related to loans;
• Prepares documents related to loan rescheduling and loan refinancing for the decision-making authorities;
• Receive and analyze loan application files if they are complete, and to visit the collateral of loan applicants and the projects to be financed for determination of feasibility of granting a loan;
• Safeguarding the collateral used to obtain loans and preparing all necessary documents for the registration of collateral;
• Monitoring the repayment of loans and participating in the recovery of non-performing loans (NPLs) while respecting the default criteria;
• Assessing the borrower's ability to repay and providing technical advice to the Credit Committee for decision-making;
• Providing technical advice to members wishing to apply for loans and conducting awareness-raising activities on credit;
• Preparing provisions for loans in arrears and provisions for loans that have been written off;
• Preparing loan agreements and implementing the recommendations of the Credit Committee;
• Submitting monthly and other reports as necessary to the higher authority showing the status of loans and their interest;
• Providing advice on the performance of projects for which loans have been requested to members on the appropriate use of loans;
• Providing and evaluating loans in accordance with the loan policy and guidelines and the laws and regulations relating to loans;
• Submitting all requests from loan applicants for extension, modification or renewal to the credit committee, management or as provided in the policy;
• Maintaining and updating loan documents and credit committee meeting documentation in protected manner;
• Attending training, meetings and activities aimed at improving loan evaluation skills;
• Advise the credit committee or the board of directors on changes to be made to credit policies or regulations;
• Advise on alternative credit options for applicants who are able to repay but are unable to obtain the credit as requested;
• Assist management in preparing written documents explaining each stage of the credit process;
• Prepare and submit timely credit management reports to the Branch Business Manager;
• Assist in conducting research, evaluation and other studies related to the development of the Department;
• Perform other duties that are not inconsistent with the laws and regulations as may be required by the supervisor or his/her superior authority

• Good understanding of the bank branch operations, rules and regulations, laws, granting loans, and credit risk management.
• Familiarity with computers and banking applications/software.
• Good judge of character to make accurate assessments about people, especially their credibility and their reliability, in determining a loan.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Strong dedication to accuracy.
• Good understanding of mathematical and numerical data

• Bachelor’s degree in accounting, Finance and Economics.
• Possession of a valid Rwandan driving license (Category A).