Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) is a leading country-wide, fast growing, and licensed DTS (Deposit Taking Sacco). To achieve the planned growth, the Sacco is looking for qualified and competent persons to fill the following vacancy:
CREDIT CONTROL ASSISTANT
Job Summary
Responsible for overseeing
the collection of customer accounts in a manner that ensures high customer
satisfaction and loyalty.
Core duties and
responsibilities
- Monitors
branch loan portfolio performance and ensures compliance to the SACCO’s
policy and regulatory guidelines.
- Provides
data to be used on realization of assets and attachment of loans to
guarantors.
- Carries
out remedial measures and active recoveries on delinquent loans.
- Communicates
and issues default notices in line with the Society’s policy.
- Initiates
recovery processes on delinquent loans.
- Offers
financial counsel and remedial actions to delinquent facilities.
- Advises
on payment plans and loan restructuring options.
- Oversees
the attachment, recovery, and guarantor management of defaulter loans.
- Generates
and submits defaulter list for CRB listing and delisting.
- Liaises
with external debt collectors on loan recoveries.
- Member
of the Branch Credit Committee
- Supports
the Credit Officer in loan processing.
- Performs
any other duties as may be assigned from time to time.
Generic duties and
responsibilities
Prepares monthly,
quarterly, and annual reports.
Person Specifications
- Bachelor’s
Degree from a recognized Institution of Learning.
- Diploma
in Business Management or Banking in combination with three years
qualifying experience may be accepted in lieu of Bachelor’s Degree.
Experience
A minimum of three (3)
years relevant experience will be a requirement.
Knowledge, skills, and
attributes
- Analytical
risk assessment skills.
- Good
communication and interpersonal skills
- Ability
to build and maintain relationships with customers and other stakeholders.
- Ability
to write reports.
Key Result Areas
- Increased
customer satisfaction index
- Collection
effectiveness
- Reduction
in delinquent loans
How to Apply
Qualified applicants
should apply on or before 5:00pm on Friday, 24th February 2023 using the link
provided in the Society’s website.
***Only shortlisted
candidates will be contacted. ***
