Mhasibu Sacco Loans Recovery Manager Jobs in Kenya
Mhasibu Sacco Loans Recovery Manager Jobs in KenyaOverall purpose of the Job: To oversee the operations of the recovery section and to ensure policies are adhered to with an aim of improving Sacco’s liquidity and the reduction of the delinquency.
The role reports to the Head of Finance.
Duties and Responsibilities
Developing, documenting, implementing, and maintaining a comprehensive recovery strategy.
Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations for improved collections of Sacco funds.
Identify key risks that are associated with collaterals, assessing those risks, and establishing the best practices to counter and ensure effective collections.
Working with other players in the market with a view to enforcing recoveries from members in default.
Preparing accurate and timely monthly reports, clearly indicating performance and delinquency levels,
Ensuring recovery and timely collection of Society’s funds
Refer matters to the Tribunal process, participation and provision of required documents/information
Management of CRB listing and ensuring loans are listed appropriately
Debt collection management including effective allocation of accounts for debt collection, reviewing debt collection performance both internal and external and making necessary recommendations.
Any other lawful duties that may be assigned from time to time.
Minimum academic and professional qualifications required
A Bachelor’s Degree in Accounting, Finance or equivalent,
Master’s degree is an added advantage,
A professional accounting qualification CPA K/ACCA/ACA/CFA and a member in good standing with ICPAK or relevant professional body
Minimum 5 years relevant experience
Comply with Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.
How to Apply
For more information and job application details, see; Mhasibu Sacco Loans Recovery Manager Jobs in Kenya
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