I&M Bank Assistant Manager – Debt Recovery Jobs in Kenya

The role is responsible for

· Overall responsibility for the delivery of recovery strategies to a portfolio of Asset Finance (Hire Purchase) & other loan accounts experiencing financial distress.

· Responsible for determining the objectives, strategies and actions that need to be adopted to address business-risk issues, reduce the Bank’s risk, and achieve managed exit/recovery solutions so that the bank realises the maximum return in the shortest possible time.

· Responsible for a portfolio made up of fast depreciating & highly moveable assets, thus a need to ensure prompt & speedy strategies & actions to recover debt.

· Ensure that the bank does not incur losses in terms of non- performing loans under the bank’s portfolio. This is achieved through constant engagement with bank’s branches and customers whose accounts are already in the NPA category &/or regularly under Watch categories with arrears &/or excesses.

· The job entails a balance between safeguarding customer relationship and the need to ensure recovery of outstanding debt with minimal delays.

· Ultimately responsible for all classified Non-performing accounts.

· Acts as a point of contact for the Debt Recovery team in the various Credit, NPA forums to discuss specific problem cases, trends and recommend solutions or strategies that can inform future lending policies.




Risk & Control Objectives

· Process the recovery of debts whilst ensuring compliance with local legal, regulatory requirements and the bank’s internal procedures.

· Ensure satisfactory Internal or External Audit Reports

· Ensure satisfactory Conformance assessments

· Ensure Impairment Management and MI Reporting is produced accurately and on time.



Academic Qualifications



· Bachelor of Commerce, Specialization in Accounting



Professional Qualifications



· Diploma in Credit Management.

· CPA (preferred)

· Professional Banking qualifications (e.g. ACIB)

Experience



· Experience in both corporate relationship management and credit risk analysis

· Experience in dealing with senior management of corporate entities

· Good knowledge of the local legal system, insolvency law and security issues, and the options available to the Bank.



Skills and Attributes



· Good credit risk skills

· Effective communicator.

· Excellent negotiation and influencing skills

· Good relationship management skills

· Strong commercial awareness

· Good interpretation and decision making ability

· Strong analytical and numerical skills

· Strong communication and report writing skills

· Good knowledge of Microsoft Excel and other spreadsheet/database applications

· Strong planning, coordination and time management skills

How to Apply

For more information and job application details, see; I&M Bank Assistant Manager – Debt Recovery Jobs in Kenya

Find daily jobs in Kenya.Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!