Co-operative Bank of Kenya Sacco Debt Recovery Officer Jobs

Co-operative Bank of Kenya Sacco Debt Recovery Officer Jobs

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

For more information and job application details, see; Co-operative Bank of Kenya Sacco Debt Recovery Officer Jobs

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