Credit Officer Trainee

Overview

To support the cash flow, bank transaction, and record-keeping programs

Responsibilities

Survey of the working area:

Open a new branch and poll 15 to 20 households per day.

Determine possible customers using survey data.

Draw a boundary around the suggested group's workspace.

Creation of large and tiny groups:

Talk about in small groups with the designated target people.

The establishment of tiny groups, each with five members

For any small group, choose a leader.

Create a sizable committee for group management.

Give a two-week orientation for large group

Collect member admission fee from the members as per BRAC Ghana circular

Fill in the group member admission data in the mobile phone/tab and sync whenever possible.

Fix meeting date time and place.

Form a group with a minimum of 15 members for MF and 10members for Agri Finance, and a maximum 30 members for MF and 20 for a Agri Finance

Arrange admission of new members if a group becomes too small due to drop out or other reasons.

Meeting related responsibilities

Conduct two to three groups meetings per day

Timetable for conducting meetings: 1st meeting at 08:30am, 2nd meeting at 09:30 am 3rd meeting at 10:30am (it could be changed based upon office time)

Reach the meeting place 15 minutes before the group meeting begins

Organize the floor mat before the meeting commences

Arrange the group members in U-shape according to small groups

Take attendance list in register

Discuss general issues about loans and any other issues

Collect weekly installment deposits from small group leaders through the concerned cashier collect signatures in the tab/mobile device

Return to the office after completing the group meetings by 1.30pm

Where the group is nearby the office, credit officer shall deposit the money collected to office before moving to another group (To avoid robbery risk)

Staff should follow safety and security guideline while transporting money

Loan proposal and disbursement related

Ensure member’s loan proposals are discussed in the group meetings 

Acceptance of loan proposal through verbal votes in presence of the group members

 Credit officer will fill all loan data such as loan applications, guarantor from DP Notes etc

Loan recovery related

Credit officer must attend weekly/bi-weekly /monthly group meetings and should ensure 100% recovery of loan installments.

 Deposit collected money to Branch Accountant and ensure writing this amount in the DCR and put signature in the DCR If any installment is missed in the morning group meeting, initiate collection of the installment in the afternoon through borrowers /small group leaders house visit. 

Initiate collection of late and NIBL installments in the afternoon along with current overdue collection

 Initiate the recovery of loans for written-off clients, should they wish to come back to BRAC as clients

Requirements

Cash and Bank transaction. 

Cash Requisition prepare, Cash Certificate prepare and bank Reconciliation statement Knowledge in application Microsoft Word, Microsoft Excel.

 Experience: At least one years of Experience working in Microfinance/financial Institution. KNOWLEDGE, SKILLS & COMPETENCIES: 

Computer knowledge on MS World, MS Excel and Internet Effective communication skills. Writing and reporting skills in English Ability to effectively work remotely, across time zones and team locations, as well as in-person with a small team of stakeholders. 

Ability to work in ambiguous environments, with minimal structure. 

Fluency in English required (spoken, reading, and written). 

SPECIFIC EDUCATIONAL QUALIFICATION:

 SHS/Diploma/HND/ Degree Concentration / Major