Reading
Stephen Ndege Obura
Financial Analyst
Nairobi,Nairobi
Summary
Professional Summary
Hardworking Credit Officer well-versed in reviewing financial documents, preparing loan packages and making recommendations based on risk values. Detail-oriented and thorough with excellent judgment and good verbal and written communication strengths. Effective at keeping customer loans in line with bank and legal guidelines through systematic assessments of property values and borrower histories. Dedicated to optimizing bank portfolios by balancing risk with profitability. Knowledgeable financial professional experienced in assessing credit viability for MSME borrowers. Good organizational and critical thinking skills. Offering 16 years of related experience. Experienced Credit Analyst with over 10 years of experience in Development Finance. Excellent reputation for resolving problems and improving customer satisfaction.
Overview
20
20
years of professional experience
8
8
years of post-secondary education
3
3
Languages
Work History
Credit Officer
IDB Capital Limited
Nairobi, Kenya
05.2016 - Current
- Undertaking quarterly portfolio performance reports and credit status .
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
- Obtain and reviewed credit reports, credit references, credit insurance and financial statements to establish credit limits for new accounts.
- Analyze applicants' financial status and credit-worthiness and property evaluations to determine loan feasibility.
- Optimized credit approval and collection processes, improving operational efficiencies by over 70%.
- Adhere to banking standards and government lending guidelines for loan services.
- Obtain and interpret financial statements to assist in credit limit reviews.
- Reduced past due balances and bad debt by coordinating collection efforts with customer service, sales and billing departments.
- Relied on Microsoft Navision to perform credit appraisals, portfolio monitoring and reporting and verification of payments.
- Organize and finalize loan applications for management and Board review.
- Undertaking appraisals, verifying title information and insurance documents for each collateral.
- Monitoring accounts for signs of fraud and non-payment issues.
- Attended ongoing professional training to facilitate accurate and productive credit management.
- Collaborate with management to evaluate credit strategies and develop improvements.
- Refer delinquent accounts to collections department or outside resources.
- Adhering to all reporting, documentation and recordkeeping requirements for department.
- Collect data and perform trend and variance analysis to mitigate risk arising from bad debt.
- Report key performance indicators to department heads for management of positive cash flow and to adjust credit risk policies and procedures.
Senior Business Development Officer
Kenya Industrial Estates Limited
Nairobi, Kenya
11.2013 - 04.2016
- Developed and executed strategic initiatives to implement key changes and improvements in business development and sales programs.
- Strategized and implemented successful approaches to revitalize underperforming product lines and create profit-generating enterprises.
- Maximized revenues in several programs by implementing creative sales training techniques.
- Identified and pursued valuable business opportunities, particularly with 5 counties and key partners to generate new company revenue and improve bottom line profit.
- Fostered and facilitated relationships with product distribution channels to increase product sales.
- Planned marketing initiatives and championed capacity building workshops to over 600 entrepreneurs.
Acting Branch Manager
Kenya Industrial Estates
Kabarnet, Baringo County
06.2010 - 09.2012
- Marketing company products and services within the area of jurisdiction.
- Convening and chairing staff meetings in the branch.
- Ensuring staff development in the branch.
- Attending to customer issues and proving feedback to management.
- Representing the organization in relevant forums within the area of jurisdiction.
- Managing the branch office and ensure its tidiness, ISO 9001:2008 compliance and proper maintenance of buildings, machinery, vehicles and equipment.
- Preparation of timely and accurate management reports by branch.
- Preparing, project papers and reports.
- Supervising and ensuring effective management of company investment and assets within the branch.
- Appraising staff performance within the branch.
- Promoting a positive image of the organization within the area of the branch jurisdiction.
- Gathered and reviewed customer feedback to improve operations.
- Maintained confidentiality of bank records and client information to prevent mishandling of data and potential breaches.
Acting Branch Manager
Kenya Industrial Estates Limited
Muranga, Muranga County
05.2010 - 09.2011
- Gathered and reviewed customer feedback to improve operations.
- Maintained confidentiality of bank records and client information to prevent mishandling of data and potential breaches.
- Resolved escalated customer issues and boosted retention rates by 55%.
- Funded 23 MSME's by cultivating strong partnerships and stockholder relationships.
- Identified and capitalized on community business opportunities with effective networking.
- Maintained friendly and professional customer interactions.
- Wrote reports detailing branch activities.
- Consulted with representatives of regulatory agencies to complete accurate filings and uphold strict compliance.
- Produced management reports outlining financial data to assist management with making strategic plans and operational decisions.
- Assessed employee performance and developed improvement plans.
- Reviewed more than 12 financial statements per week.
- Led team of 9 staff members.
- Reviewed and edited loan agreements to promote efficiency and accuracy.
- Compiled database of loan applicants' credit histories, corporate financial statements and other financial information.
Acting Branch Manager
Kenya Industrial Estates
Kabarnet, Baringo County
07.2008 - 05.2010
- Prepared business plans and reports to management.
- Participated in training of clients.
- Trained staff members on ISO 9000:2001 implementation.
- Conducted quarterly one-on-one meetings with employees to provide performance evaluations, resolve issues and answer questions.
- Advised clients of financial services that could prove to be beneficial.
- Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
Credit Officer
Kenya Industrial Estates Limited
Kisii, Kisii County
07.2004 - 09.2008
- Analyzed applicants' financial status and credit and property evaluations to determine loan feasibility.
- Devised collection recovery strategies to resolve customer issues and delinquent cases.
- Adhered to banking standards and government lending guidelines for loan services.
- Attended ongoing professional training to facilitate accurate and productive credit management.
- Investigated and evaluated customers for creditworthiness and potential risk factors.
- Coordinated business & entrepreneurship training and personal development workshops for youth and women groups.
- Helped roll out Youth Entrepreneurship Development Fund (YEDF) and the Women Enterprise Development Fund (WEDF).
Accounts Assistant
Total (K) Limited
Nairobi, Kenya
08.1999 - 12.2001
- Performed administrative and clerical duties such as word processing, data entry, faxing and copying.
- Communicated regularly with customers regarding account questions and issues.
- Processed payments and documents such as invoices, journal vouchers, employee reimbursements and statements.
- Used Sage to prepare weekly and monthly financial reports.
- Reviewed figures, postings and documents for correct entry, completeness and accuracy.
- Organized data into multiple spreadsheets to streamline data.
- Completed financial reports to inform managers and stakeholders.
- Balanced reports to submit for approval and verification.
- Assisted in transitioning IT accounting systems to comply with the Y2K bug.
Accounts Assistant
Muhoroni Aids Awareness & Counseling Services (MAACS)
Muhoroni, Kisumu
01.1998 - 11.1998
- Prepared monthly reports, including payment and account reconciliations and financial statements.
- Updated general ledger of accounts with current, accurate and industry-compliant data to meet all internal and external audit requirements.
- Organized budget documentation and tracked expenses to maintain tight business controls.
- Mitigated accounting risks through identification and improvement of process inefficiencies.
- Managed payroll operations for team of 30 employees.
Education
Bachelor of Commerce - Finance, Economics & Business Management
Agra University
Uttar Pradesh, India 03.1990 - 12.1993
Master of Commerce - Applied Business Economics
Dr. B. R. Ambedkar University
Agra, India 01.1996 - 09.1998
Certificate, Report Writing - Report Writing
British Council
Upperhill, Nairobi 08.2015 - 08.2015
No Degree - Credit Appraisal Techniques & Risk Analysis
Kenya Institute of Bankers
Nairobi 11.2017 - 11.2019
No Degree - Project Evaluation And Financing Process
International Finance Corporation
Upperhill, Nairobi 03.2009 - 03.2009
No Degree - Advanced Project Financing & Risk Management
South African Development Corporation
South Africa 11.2017 - 11.2017
No Degree - International Workshop For Monitoring & Evaluation
Association of African Development Finance (AADFI)
Abidjan, Cote D'Ivoire 10.2016 - 10.2016
Skills
Documentation preparation
undefinedAccomplishments
- Used Microsoft Excel to develop portfolio management spreadsheets.
- Collaborated with team of three in the development of Resource Maps for Meru County, Uasin Gishu County, Kisii County, Homabay County, Nyamira County, Taita-Taveta County and Trans-Nzoia County.
Interests
Travelling
Swimming
Cycling
Environmental Conservation
Animal Rights & Welfare
Additional Information
I’m organized and I really enjoy working with a wide variety of people to achieve a common goal efficiently and realistically. For the last 15 years, I have worked with a team of equally dedicated colleagues as we worked on development projects that have an impact on the community. Majority of the projects have grown to their potential and created a positive impact to the owners, the Government and Community. My brief work at MAACS gave me insights how donor funded programs work as the organization was funded by DFID to create awareness and provide counseling services to families affected by HIV/AIDS.
Timeline
No Degree - Credit Appraisal Techniques & Risk Analysis
Kenya Institute of Bankers
11.2017 - 11.2019
No Degree - Advanced Project Financing & Risk Management
South African Development Corporation
11.2017 - 11.2017
No Degree - International Workshop For Monitoring & Evaluation
Association of African Development Finance (AADFI)
10.2016 - 10.2016
Credit Officer
IDB Capital Limited
05.2016 - Current
Certificate, Report Writing - Report Writing
British Council
08.2015 - 08.2015
Senior Business Development Officer
Kenya Industrial Estates Limited
11.2013 - 04.2016
Acting Branch Manager
Kenya Industrial Estates
06.2010 - 09.2012
Acting Branch Manager
Kenya Industrial Estates Limited
05.2010 - 09.2011
No Degree - Project Evaluation And Financing Process
International Finance Corporation
03.2009 - 03.2009
Acting Branch Manager
Kenya Industrial Estates
07.2008 - 05.2010
Credit Officer
Kenya Industrial Estates Limited
07.2004 - 09.2008
Accounts Assistant
Total (K) Limited
08.1999 - 12.2001
Accounts Assistant
Muhoroni Aids Awareness & Counseling Services (MAACS)
01.1998 - 11.1998
Master of Commerce - Applied Business Economics
Dr. B. R. Ambedkar University
01.1996 - 09.1998
Bachelor of Commerce - Finance, Economics & Business Management
Agra University
03.1990 - 12.1993
Similar Profiles
KOJO HASTINGSKOJO HASTINGS
CEO at Genelec Capital Limited, Genelec Support Services Limited•Genelec Infrastructure Development Services Limited•Zenith Hygiene Systems Ghana LimitedCEO at Genelec Capital Limited, Genelec Support Services Limited•Genelec Infrastructure Development Services Limited•Zenith Hygiene Systems Ghana Limited
Michele JulesMichele Jules
Public Management Consultant at Inter American Development Bank (IDB)Public Management Consultant at Inter American Development Bank (IDB)
Annemie HennusAnnemie Hennus
HR Officer at IDB GeleenHR Officer at IDB Geleen