Loan Officer

Loan Officer (2 Positions)

Organization: Icyerekezo SACCO Nyarugenge
Location: Kigali – Nyarugenge District
Employment Type: Full-time, Permanent
Deadline: 19th April 2026, 5:00 PM

About the Organization

Icyerekezo SACCO Nyarugenge is a Savings and Credit Cooperative established on 10th December 2024 and licensed by the National Bank of Rwanda following the merger of ten (10) Umurenge SACCOs in Nyarugenge District and two sub-branches.

Headquartered in Nyakabanda Sector, the SACCO aims to provide reliable and accessible financial services to its members and clients.

Position Overview

The Loan Officer is responsible for managing the full loan cycle, including client engagement, loan analysis, disbursement monitoring, and recovery of loans, while ensuring compliance with credit policies and procedures.

Key Responsibilities

• Explain loan products, eligibility criteria, and application procedures to clients

• Collect, verify, and process loan application documents

• Conduct field visits to assess collateral and project feasibility

• Safeguard loan collateral and prepare required documentation

• Monitor loan utilization and ensure proper use of funds

• Track loan repayment performance and support recovery of non-performing loans (NPLs)

• Negotiate repayment plans with delinquent clients

• Prepare documentation for loan restructuring, refinancing, and rescheduling

• Maintain accurate loan records and documentation

• Provide financial advice and credit awareness to members

• Assess borrower creditworthiness and repayment capacity

• Prepare loan agreements and implement Credit Committee decisions

• Generate reports on loan portfolio performance and provisioning

• Support improvements in loan policies and risk management

• Participate in training and professional development activities

• Perform additional duties as assigned by the supervisor

Qualifications & Requirements

• Bachelor’s Degree in:

  • Accounting

  • Finance

  • Business Administration

  • Economics

  • Management

  • Entrepreneurship or Commerce
    (First or Second Class Upper Division is an added advantage)

• Minimum 3 years of experience in banking or microfinance

• Maximum age: 35 years

• Strong knowledge of:

  • Lending procedures and credit risk management

  • Banking operations and financial regulations

• Technical skills:

  • Proficiency in computer applications and banking systems

  • Strong numerical and financial analysis skills

• Core competencies:

  • Analytical and problem-solving skills

  • Attention to detail and accuracy

  • Strong communication and interpersonal skills

• Language requirements:

  • Fluent in English and Kinyarwanda

  • French is an added advantage

• Must be ready to start work immediately

Application Procedure

Interested candidates should submit the following documents:

• Application letter addressed to the Chairperson of the Board of Directors

• Updated CV

• Copies of academic degrees

• Copy of National ID

• Copies of relevant certificates and trainings

📧 Submit via email: isnyarugenge@gmail.com

📅 Deadline: 19th April 2026 at 5:00 PM

Only shortlisted candidates will be contacted.

Signed:
Cyprien Byaruhanga
Managing Director
Icyerekezo SACCO Nyarugenge