About

Inspired by Africa's growth story and its potential to become a global economic hub, I am keen on playing an active role in Africa's private capital market and business landscape to help high-growth & start-up businesses access capital and develop capabilities needed for success. Am an investment, finance and business development professional with experience in the private and development financial sectors. Having focused on financial inclusion by assisting Small and Medium sized-Enterprises (SMEs) in Africa to access the much needed finance, striving to shape the African story. Am passionate about Financial Risk & Compliance Management, Impact Investments, Sustainable Economic Development and Poverty Alleviation to solve the issues and seize the opportunities unique to the region. Am currently undertaking my Master's in Business Administration (Strategic Management) I hold a Bachelor's in Cooperatives Business (Finance major), and a Diploma in Cooperatives management from the cooperative university of Kenya. I am a holder of advanced Credit Management Certification from Kenya school of Credit management.

Skills

  • Monitoring and Evaluation
  • Risk Management
  • Financial analysis and reporting
  • finance management
  • Finance and Accounting Skills
  • Credit Analyst
  • Credit analysis and customer service representati
  • Project Managment
  • Business Development

Experience

Mwai Kiarie

Work experience
  • Monitoring and Contacting members in default. Execution of loan follow up by phone and physical visits to defaulters.
  • Negotiating reasonable loan repayment terms with defaulters.
  • Advice members on rehabilitating delinquent loans through loan rescheduling and restructuring.
  • Develop and implement uniform debt collection strategies, considering related reputational risks and legal challenges.
  • Managing issuance of payment demands and all statutory notices prior to engaging external recovery.
  • Monitor loan recovery deductions on scheduled member payouts.
  • Facilitate disposal of repossessed items and collateral with responsible parties for auctioning.
  • Coordinate listing & delisting of customers from CRB.
  • Ensuring appropriate enforcement is undertaken to recover or secure debt.
  • Effective management of contracts with partners and suppliers who support the collection and maintaining an updated list of all assigned accounts and collections done with specific dates.
  • Prepare documentation for funeral rider claims and loan claims from KUSCCO (Kenya Union of Savings and Credit Cooperative Ltd), keeping an up to date database of unsettled claims and make follow up thereof for reimbursement.
  • Ensure relevant evidence in support of Sacco’s recovery cases in court.
  • Document and disseminate lessons to credit officers on common challenges, trends, realized lending gaps and high risk areas that should be properly appraised at the initial lending stages to mitigate possible defaults.

Mwai Kiarie

Work experience
  • Acting Business Development Officer at   GDC Sacco
  • September, 2020 - January, 2021
  • Fulltime
  • Identify new business opportunities and contribute to relevant marketing strategies including new member recruitment and maintaining of the society’s corporate brand image.
  • Gather market and customer information and provide feedback as per customer demand and queries.
  • Network and engage with a wide range of stakeholders to create demand and uptake of the Society’s products and services.
  • Provide customers with relevant information on Sacco products and services uptake.
  • Manage existing member relationships and member database.
  • Contribute to the distribution of relevant marketing materials, including but not limited to brochures, posters & flyers.
  • Perform cash transactions at the outlet including handling customer queries and Complaints.
  • Prepare detailed and elaborate bi-weekly and monthly reports to facilitate timely decision-making by management.
  • Monitor competitor activities and advise the management on the required actions.
  • Marketing and cross-selling Sacco products and services.

Mwai Kiarie

Work experience
  • Assist the Branch Manager on the daily branch operations.
  • In charge of the branch in the absentia of the Branch manager.
  • Meet all expenses at branch level upon branch manager’s approval.
  • Maintain adequate cash for branch FOSA operations as required.
  • Monitor branch cash outflow and inflow.
  • Timely requisition cash from head office.
  • Proper handling of excess limits and make timely arrangements for proper auctioning.
  • Timely update of treasury upon any transaction.
  • Handling all account opening processes and make sure accurate member data is captured and recorded in to the system.
  • Replenish teller’s cash box as required.
  • Receive, countercheck and verify tellers closing cash balances.
  • Verify end of day balances together with the branch manager.
  • Proper appraisal of branch loan applications as per the credit guidelines.
  • Ensure accuracy and clarity while completing loan forms in order to capture mandatory information accurately.
  • Timely registration and recording of branch loan applications in to the system for onwards approval.
  • Running and submitting end of day SASRA (Sacco Society Regulatory Authority) reports.

Mwai Kiarie

Work experience
  • September, 2018 - August, 2020
  • Fulltime
  • Process all cash transactions taking place in the Sacco.
  • Tally the full cash amount at the end of each day.
  • Make daily reports and submit them to the Sacco manager.
  • Attend to change transactions, Accept cheques and/or cash deposits in all accepted currencies, according to laid-down procedures.
  • Ensure that cheques are checked in terms of Duty of Care obligations.
  • Ensure that all items cashed are within laid - down limits and refer all transactions exceeding limits to the appropriate area for authorization.
  • Ensure that items cashed are technically correct and signed, according to laid-down instructions.

Mwai Kiarie

Work experience
  • Resolving complains raised by clients or escalate them and follow through to see they are resolved.
  • Address complaints, update filing, mailing and maintaining database system.
  • Compute record and proof reading of data.
  • Answering calls and responding to enquiries.
  • Communicate with clients and other stakeholders.
  • Manage calendars, arrange appointments, attend meetings and record minutes.
  • Tender documentation, bidding of tenders and following up ongoing projects

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