Mhasibu Sacco Loans Recovery Manager Jobs in Kenya

Mhasibu Sacco Loans Recovery Manager Jobs in Kenya

Overall 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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