Loan Officer

About Icyerekezo SACCO Nyarugenge

Icyerekezo SACCO Nyarugenge is a Saving and Credit Cooperative established and licensed by the National Bank of Rwanda (BNR), following the merger of ten Umurenge SACCOs in Nyarugenge District and two sub-branches. The SACCO is headquartered in Nyakabanda Sector, Nyarugenge District, Kigali City, and is committed to providing reliable financial services to members and clients.

Position Overview

Job Title: Loan Officer

Number of Positions: 2

Employment Type: Permanent, Full-time

Duty Station: Branches of Icyerekezo SACCO Nyarugenge

Key Duties and Responsibilities

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

• Meet with applicants to explain loan products, eligibility criteria, and the application process
• Collect and compile loan application documents, verify completeness, and submit them to the authorized approval authority or committee
• Analyze loan applications and conduct field visits to assess collateral and financed projects for feasibility
• Safeguard collateral used for loan guarantees and prepare documentation required for collateral registration
• Monitor the use of disbursed loans through client visits and documentation review
• Monitor loan repayment performance and participate in the recovery of non-performing loans (NPLs)
• Negotiate payment arrangements with clients who have delinquent loans
• Prepare documentation for loan rescheduling, refinancing, and restructuring
• Maintain proper filing and documentation of loan records
• Provide technical advice to members applying for loans and conduct credit awareness activities
• Assess borrowers' repayment capacity and provide recommendations to the Credit Committee
• Prepare loan agreements and ensure compliance with institutional policies