Mhasibu Sacco Loans Recovery Officer Jobs in Kenya

Mhasibu Sacco Loans Recovery Officer Jobs in Kenya

  • Mhasibu Sacco Society Limited is a dynamic, well established Savings and Credit Co-operative Society in the country with membership spread across the world.

  • The Sacco is seeking to recruit a suitable self-driven, result oriented and highly qualified individual for the position of Loans Recovery Officer.

    Overall Purpose of the Job:

  • Responsible for managing nonperforming loans to preserve capital.

  • The officer should understand the borrower’s problems and identify and resolve problems with unpaid loans.

  • The role reports to the Loans Recovery Manager.

    Duties and Responsibilities

  • Recovery management and maintaining default rate at stipulated levels

  • Circulation of reminders to loan defaulters.

  • Listing of all defaulters

  • Debt collection to ensure members repay their loans

  • Managing all the securities registers.

  • Monitoring the status of available securities.

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

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

  • Managing and following up with the Auctioneers and debt collectors.

  • Attending to members inquiries/concerns on matters relating to their accounts.

  • Ensure timely and accurate defaulters reporting

  • Verification of member information/documents and bank statements whilst assessing loans.

  • Marketing and selling of society products and services and

  • Any other lawful duties that may be assigned from time to time.

    Minimum Academic and Professional Qualifications Requirements

  • At least a bachelor’s degree in Finance or Accounting,
    of business-related field

  • A professional accounting qualification CPA K

  • A member of a relevant professional body is an added advantage

  • Minimum 3 years relevant experience and in a in a similar position

  • Successful candidates will be required to meet the requirements of Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.

    How to Apply

  • Suitable candidates meeting the above requirements should apply online by filling in the data form from the link; CLICK HERE

  • The data form must be filled in full. Incomplete forms will be disqualified.

  • In addition, applicants should send the application letter, detailed curriculum vitae, copies of academic and professional certificates, copy of national ID and relevant testimonials to the email

  • with the email subject as Loans Recovery Officer.

  • The deadline for submission of all applications is on or before 23rd September 2020 by 5.00pm.

  • Kindly note that only shortlisted candidates shall be contacted.

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