Debt Recovery Officer Jobs in Kenya KRA Corporate Data Office Jobs in Kenya

Debt Recovery Officer Jobs in Kenya KRA Corporate Data Office Jobs in Kenya


Job Purpose

• To ensure that all approved and disbursed loans are fully repaid as per the agreed terms and conditions to prevent loss to the society due to non-repayment.

• To manage non-performing loans to preserve capital.

Duties and Responsibilities

• Monitoring society’s portfolio at risk and ensuring a performing loan book.

• Ensuring timely preparation and release of demand notices to members whose loans are overdue.

• Aggressively follow up on non-performing loans.

• Preparation of monthly and quarterly reports on debt recovery.

• Managing all the securities registers and monitor the status of available securities.

• Discharging securities where respective members have cleared their loans as per laid down procedures.

• Extracting, confirming and transmitting CRB information to licensed Credit Reference Bureaus.

• Manage storage and sale of repossessed collaterals.

• Assigning members’ loan accounts in default to debt collectors.

• Liaise and monitor the execution of the recovery exercise by the third parties involved including auctioneers, lawyers and debt collectors.

• Responding to members’ queries and complaints.

• Undertaking field visits for recovery activities.

• Champion credit information sharing as may be required.

• Follow up legal cases where recovery action is challenged in court.

• Monitor and regulate the debt collection costs within the approved limits.

• Ensure the recovery exercise fully complies with the statutory regulations and guidelines;

• Perform any other duties as may be assigned from time to
time.

Minimum Academic and Professional Qualifications

• Minimum of Bachelor’s degree in Finance or Accounting or any business-related field.

• Qualifications in Credit Management/Debt Collection will be a definite advantage.

• A member in good standing of a relevant professional body.

• Minimum of 3 years’ experience in debt collection within the financial service industry.

Knowledge and Attributes

  • 28 Years of age and above.

  • Fully conversant with lending in the Kenyan business environment

  • Excellent negotiation and communication skills.

  • Experience in working with targets and strict deadlines.

  • Good planning, analytical and monitoring skills.

  • Proficiency in computer applications.

    How to Apply

  • Only online applications are being accepted and can be submitted by following a two step process as follows:

  • Fill in the form on the link https://forms.gle/wNdaSmUE8DRTN9pR7

  • Send your CV to our email

  • recruitment@kuscco.com

  • Applications should be received on or before 5th May 2020 and MUST clearly state the job reference number as the subject and addressed to:

    The Manager
    Research & Consultancy Department
    KUSCCO Limited, P.O. BOX 28403-00200,
    NAIROBI.
    Only shortlisted candidates will be contacted.


    Find 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!

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to Africa Jobs.