Maisha Bora Sacco Debt Recovery Officer Jobs in Kenya

Maisha Bora Sacco Debt Recovery Officer Jobs in Kenya

Job Purpose:

The Debt Recovery Officer will support the Debt Recovery Lead 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.

Job Description:

Ensure effective and efficient recovery of loans.

Follow up on remittances and variances for assigned loan 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 duties as may be assigned from time to time

Key Result Areas:

Collections for assigned loans portfolio

Collections for SMEs and Business members

Reconciliation and follow-up of expected vs. received remittances

Sacco PAR and loan provision

Debt Recovery reports

Minimum Requirements:

A Diploma / Bachelor’s Degree in Business or any related field of study

Minimum of 3 years experience in a similar environment preferably a financial institution

Computer literacy skills with experience working with Accounting Packages

Demonstrated experience in Microsoft Office, spreadsheet applications and computerized accounting systems

Good communications skills, Excellent interpersonal skills, well organized, Honesty and integrity, Team player

How to Apply

For more information and job application details, see; Maisha Bora Sacco Debt Recovery Officer Jobs in Kenya

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