ose Avenue Group Head, Remedial & Recoveries Jobs in Kenya
Job Responsibilities
Responsible for the review and maintenance of Credit Remedial and Recoveries Policies, Procedures, Guidelines and Charters.
Monitor and control the pre-90-day Credit Portfolio throughout the Bank to ensure asset quality is maintained and improved through acceptable PAR and migration levels.
Oversee management of non-performing debts to prevent deterioration and improve the Bank’s lending asset quality.
Control specific provisions within budget and ensure adequate provisioning levels on all accounts in accordance with laid-down credit policies.
Manage recovery costs within approved budgets.
Ensure compliance with the Bank’s Credit/NPL Policies and Central Bank of Kenya Prudential Guidelines on loan classification and provisioning.
Ensure timely submission of Non-Performing Loan (NPL) returns to the Board and the Central Bank of Kenya.
Formulate exposure and recovery strategies, action plans and supervise implementation for expedited account closure.
Reduce non-performing credit through aggressive recoveries and viable restructuring, contributing to the Bank’s bottom line through provision write-backs.
Manage stakeholders and participate in partnership engagement meetings and forums.
Ensure high staff productivity and optimal staffing levels within the department.
Promote staff awareness on Remedial and Recoveries initiatives to maximize alignment and value delivery.
Provide oversight and support to subsidiaries in the management of non-performing debts.
Other Requirements
Bachelor’s degree in a Business-related field from a recognized university.
Certification in Credit Management.
Professional certification such as AKIB/CIB, CPA (K) or ACCA.
Master’s degree in a Business-related field from a recognized university will be an added advantage.
Minimum of ten (10) years’ experience
in the banking sector, with at least eight (8) years in a credit environment, five (5) of which must be at senior management level in Collections, Remedial and Recoveries.
Proven credit collections, remedial and recoveries expertise.
Strong planning, organization and execution skills.
Knowledge of SQL and data manipulation for preparation of dashboards and management reports.
Excellent interpersonal, communication and negotiation skills.
Excellent writing and presentation skills.
Strong critical thinking and problem-solving skills.
Excellent decision-making and leadership skills.
Strong knowledge of business entity legal structures and risk rating methodologies.
Customer and stakeholder management skills.
Strong analytical and report writing skills.
Excellent understanding of financial statements, financial ratios, credit reports and personal financial statements.
Ability to work under pressure and meet strict deadlines.
Entrepreneurial and commercial mindset.
Change management and conflict resolution skills.
Knowledge of bank lending policies and Central Bank of Kenya Prudential Guidelines.
Active listening skills.
How to apply
For more information and job application details, see; ose Avenue Group Head, Remedial & Recoveries Jobs in Kenya
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