Vacancy title:
Loan Officer

Jobs at:
AEC Rwanda Trustee Ltd

Deadline of this Job:
15 May 2018

Duty Station:
Kigali, Rwanda

JOB DETAILS:
COMPANY: AEC Rwanda Trustee Ltd
POSITION: Loan Officer TERM: Full time (40 hrs/week, est)
LOCATION: Fairview Building, 1st Floor, KG 622, Kimihurura, Kigali, Rwanda Behind MINIJUST, same road as Lemigo
REPORTS TO: Portfolio Director

ABOUT AEC RWANDA TRUSTEE
AEC Rwanda Trustee Ltd provides low-cost capital leases and project finance to entrepreneurs and SMEs in Rwanda. With backing from US-based investors, we provide up to $50,000 in financing with flexible loan terms to qualified borrowers.
The Loan fund is exclusively open to INKOMOKO clients. Inkomoko Business Development provides clients with a range of business support services, which decreases our investment risk.
This partnership model allows AEC Rwanda Trustee to make decisions based on a range of indicators, including financial information, potential for social impact, and character of the entrepreneur.
Currently, we are hiring one position in Kigali, Rwanda.

THE OPPORTUNITY & RESPONSIBILITIES
AEC Rwanda Trustee’s Loan Officer is responsible for the items below:
DUE DILIGENCE and LEASE PREPARATION (40%)

• Respond to inquiries from prospective borrowers, support them to apply for our loan products.
•  Introduce the loan products to entrepreneurs, explaining the requirements for repayment and the seriousness of taking on debt financing.
• Conduct due diligence on prospective borrowers, including site visits, document preparation, coordination with the Business Development Associate, etc.
• Communicate all materials to the Portfolio Director, and assist in preparing credit reports for Investment Committee meetings.
• Take photos of entrepreneurs, have them sign photo waivers, and post their stories on the Kiva platform.
  PORTFOLIO MANAGEMENT (60%)
• Offer excellent customer service through daily conversations, correspondence, and site visits as needed to maintain strong positive relationships with borrowers.
• Work with Inkomoko to ensure borrower success, and Visit clients for monitoring.
• Track information about borrowers and communicate effectively with key stakeholders about client status.
• Actively participate as a key staff in the weekly Portfolio Review Meeting.
• Maintain a tracking system of borrower payments and contact information.
• Work with the Finance& Admin Director/Accountant to produce invoices for payments.
•  Interact with government leaders, court systems, and others for follow up on lack of payments.
• Ensure that we are adhering to the requirements of our Kiva partnership, including reporting and journaling.
• Other duties as assigned by supervisor

CANDIDATE QUALIFICATIONS
Loan officer will be a trusted partner of AEC Trustee clients, and basic qualifications Include:

• A university degree in Finance or other related fields
• Must speak fluent English, French, and Kinyarwanda.
• Experience in loan management, microfinance, capital leases, and access to finance for SMEs is STRONGLY preferred.
• Experience providing business advice to entrepreneurs
• Prior experience dealing with customers/debt
• Prior experience in a lending environment
• Decisive individuals with ability to deliver unpleasant messages to the debtors and assertive enough to get the debtors pay off the entire debt
• Experience in managing difficult clients and reaching positive outcomes
• Very strong attention to details and good follow through.
• Comfort with the civil court system, and previous experience in litigation preferred
• Unrelenting perseverance, personal integrity, and critical thinking skills.
• 3+ years of work experience in relevant or applicable field.
• Must have own computer and cell phone.
•  Must be able to legally work in Rwanda.

WHAT YOU WILL GET

• Colleagues who are passionate that entrepreneurs will transform the continent
• Flexible, collaborative work environment
• Opportunity to work with a talented and committed team of professionals
• Challenging work, and the opportunity to grow and develop your skills
• Ability to make an impact and contribute to economic growth in Rwanda

Job application procedure
Email your CV and cover letter to recruitment@inkomoko.com  by 15 May 2018, explaining how your skills and experience will be valuable to this role.
Include your full name and “Loan Officer” in the email subject line.
Start date for the position is 1st June 2018