Maisha Bora Sacco Ltd Debt Recovery Officer Job
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Maisha Bora Sacco Ltd Debt Recovery Officer Job
Debt Recovery Officer Job, Current Finance Jobs In Kenya,
Maisha Bora SACCO Society Limited is looking for a self-driven and results-oriented person to fill the position of Debt Recovery Officer reporting directly to the Debt Recovery Supervisor.
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
Application deadline: Friday 6th October at 5:00 PM.
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