Stima Savings and Credit Cooperative Society Debt Recovery Assistant Jobs in Kenya

Stima Savings and Credit Cooperative Society Debt Recovery Assistant Jobs in Kenya


Society Vision

To redefine financial wellness

  • Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) is a leading countrywide, fast growing and licensed DTS (Deposit Taking Sacco).

  • In order to achieve the planned growth,
    the Sacco is looking for a qualified and competent person to fill the following vacancy:

    Debt Recovery Assistant-3 Position

  • Reporting to the credit control officer, the assistant debt recovery officer is responsible for monitoring loans, analyzing accounts in default/arrears and recommending the appropriate action

  • plan for recovery, collection of loans, negotiating loan payment, restructuring and handling of enquiries.

    Key Responsibilities

  • Monitoring of Branch loan portfolio performance and ensuring compliance to the
    society’s policy and regulatory guidelines.

  • Carrying out remedial measures and active recoveries on delinquent loans.

  • Communicating and issuing default notices as per policy.

  • Initiating recovery processes on delinquent loans.

  • Offering financial counsel and remedial actions to delinquent facilities.

  • Advising on payment plans and restructuring options.

  • Responsible for defaulter loans attachment, recovery and guarantor management.

  • Responsible for generation and submission of defaulter list for CRB listing and delisting.

  • Liaising with
    external debt collectors on loan recoveries.

  • Liaising with head office Credit Control on realisation of assets and attachment of loans to guarantors.

  • Member of the Branch Credit Committee

    Qualifications

  • Bachelor’s degree from a recognized institution.

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

  • Fully conversant with lending in the Kenyan business environment.

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

  • 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

    For more information and job application details, see; Stima Savings and Credit Cooperative Society Debt Recovery Assistant Jobs in Kenya

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