Mhasibu Savings and Credit Cooperative Society Limited
Credit Analyst
Nairobi
Posted 27 March, 2026
Deadline 10 April, 2026
FinanceFull-TimeMid-level(3-5 yrs)
Job Description
Role Overview
The Credit Analyst at Mhasibu SACCO is responsible for independently assessing credit risk and serving as a proactive risk assessor. The role ensures that all loan applications are evaluated in line with the SACCO’s credit policy, risk appetite, and regulatory requirements prior to processing and approval.
Main Responsibilities
Independent Credit Assessment: Evaluate credit risk and the financial performance of borrowers through detailed income analysis, cash flow reviews, debt obligations, guarantor strength, and collateral adequacy.
Risk Rating: Apply quantitative and qualitative risk factors to determine appropriate risk ratings for loan applications and portfolios.
Reporting: Prepare clear and comprehensive credit appraisal and risk review reports with recommendations for approval, decline, restructuring, or deferment.
Risk Gatekeeping: Act as a mandatory independent risk gate for all loan applications prior to approval; identify early warning indicators, policy breaches, concentration risks, and emerging credit risks.
Escalation: Escalate policy exceptions, high-risk exposures, restructures, repeat top-ups, and large facilities to the appropriate approval authority.
Advisory & Feedback: Conduct independent risk reviews and provide expert feedback during the structuring of credit facilities; present credit risk opinions to management to support informed decision-making.
Portfolio Monitoring: Monitor and report on credit limits, borrower exposures, sector concentrations, and portfolio performance trends.
Policy Development: Contribute to the development and review of credit risk management policies, procedures, and underwriting standards.
Data Integrity: Ensure accurate capture and maintenance of credit data within the core banking and credit management systems.
Mentorship: Train new loan processing assistants to equip them with the knowledge and skills required for their roles.
General Duties: Any other duty that may be assigned by Management from time to time.
Knowledge, Skills, and Experience
Academic Background: A Bachelor’s degree in Finance, Economics, Accounting, Business Administration, or a related field.
Professional Certifications: Must have a Professional certification in CCP (Certified Credit Professional). Additionally, a professional qualification in risk-related certifications, CPA(K), or ACCA is required.
Professional Memberships: Must be a registered member of ICPAK or a relevant professional body.
Experience: At least 3 years’ experience in credit management, specifically within regulated financial institutions.
Compliance: Successful candidates will be required to meet the requirements of Chapter 6 of the Constitution of Kenya by obtaining the necessary documentation.
How to Apply
Interested and qualified candidates should follow the two-step application process:
Send a detailed curriculum vitae, copies of academic and professional certificates, and relevant testimonials to recruitment@mhasibusacco.com. The email subject should clearly indicate the position applied for.
Deadline: 10th April 2026 at 5.00 pm.
How to Apply
Interested and qualified candidates should follow the two-step application process:
Send a detailed curriculum vitae (CV), copies of academic and professional certificates, and relevant testimonials to recruitment@mhasibusacco.com.
Note: The email subject line must clearly indicate the position applied for (Credit Analyst). The deadline for applications is 10th April 2026 at 5.00 pm.
