(REF: DRO/04/24)
Job Purpose
The
Debt Recovery Officer will support the Sacco in effective Debt collection as
per strategic plan targets. She/he is responsible for the accurate analyses of
loan applications, credit data, financial information & other relevant
information to assure on the loan security, ability to repay loans and the
associated credit risk.
Reports to: Loans Recovery Head
Main Duties and Responsibilities
- Ensure effective and efficient recovery
of loans.
- Follow up of remittances and variances
for assigned loans portfolio.
- Key KPI – Collections for SMEs and
Business members.
- Identifying delinquent loans and sending
all notices to the loanees and guarantors.
- Identifying defaulted loans and
instigating recovery from guarantors/ realizing of securities in liaison
with Debt Recovery Lead.
- Sending member statements.
- Field/ Business visits as necessary.
- Reports: Preparing accurate and timely
weekly/ monthly collection reports.
- Any other lawful duties that may be
assigned from time to time.
Qualifications & Experience
- Diploma in Co-operative Management,
Business Administration, or its equivalent qualification.
- A bachelor’s degree in Cooperative
management or its equivalent is an added advantage.
- Minimum two (2) years’ experience in a
similar role in a financial institution.
- Proficiency in computer skills.
- Proficiency in computerized accounting
system
Personal Attributes required for
this role:
- Debt recovery analysis skills.
- Good Analytical Skills.
- Good communications and negotiation
skills.
- A person of Integrity.
- Team player
How To Apply
Interested
and qualified applicants are requested to click on the link below and fill out
the online application form and submit by 24th April 2024. Any
applications received after the closing date shall not be accepted.
