Our client is a
growing Micro Finance Institution offering loan services to individuals and
corporate entities.
Are you dynamic,
committed, responsible and reliable?
Are you good at making
up follows in a courteous and professional manner?
If you do, then this
is the kind of job you are looking for.
Our client would like
to fill the position of a Debt Recovery Officer who will report to the
Managing Director.
Job Purpose /
Summary: The job holder is responsible for the administration and
implementation of the debt recovery process.
Duties and
Responsibilities
- Ensure
achievement of set targets for the recovery of debts.
- Ensure
uniform debt collection strategy in line with the organization’s mandate
to avoid reputation risk and legal challenges.
- Regularly
prepare and submit updated debt recovery reports capturing any outstanding
arrears.
- Follow
up repayment arrangements and actively monitor that the default is taken
up expeditiously with the debtors.
- Follow
up overdue accounts by mail, electronically or in person to establish
payment arrangements.
- Documenting
and disseminating lessons to lending officer on common challenges, trends,
gaps, and high risk arrears.
- Monitor
and regulate the debt collection costs within the approved limits.
- Negotiate
and restructure facilities in consultation with the MD where such actions
increase chances of recovery of the debt.
- Follow
up legal cases where recovery action is challenged in court.
- Identify
and classify hard core cases and where necessary recommend write off.
- Engage
auctioneers, investigators and private debt collectors.
- Ensure
the recovery exercise fully complies with the statutory regulations and
guidelines.
- Liaise
and monitor the execution of the recovery exercise by the third parties
involved including auctioneers, lawyers and debt collectors.
- Manage
storage and sale of repossessed collaterals.
- Undertake
Debt Recovery Analysis process and provide improvement recommendations.
- Embark
on an exercise to recover accounts that have been written off.
Minimum Requirements
- Degree
in Business related field.
- Qualification
in credit management/debt collection be a definite advantage
- General
knowledge in MFI/banking with emphasis on credit operations.
- 2-5
years’ work experience in debt recovery and credit management.
- Proficiency
in Ms Office with emphasis on Excel.
Personal Attributes
- Good
communication and negotiation skills
- Good
interpersonal skills
- Maturity,
honesty, integrity and a strong sense of ethics
- The
ability to remain calm in stressful situations
- Patience
and understanding
- To be
persuasive, persistent and firm
Salary Budget: Kshs.75,000 - 100,000 Gross
How to apply: If you are interested in the position and have the skills and
talents our client is looking for, we would like to hear from you.
Please forward a copy
of your updated resume, and your current salary and benefits package to
info@dorbe-leit.co.ke before close of business 23rd September 2014.
Only successful candidates
will be contacted.
Kindly indicate the
position’s title as the subject of your application.
