Background information about the job or company (e.g., role context, company overview)

Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and relat...

Responsibilities or duties

This role is responsible for monitoring loan portfolio allocated to ensure its quality is in line with the Bank’s projections and that any variations are promptly addressed, planning and executing accurate collection of customer’s accounts in arrears including engaging customers to ensure minimal slippage of loans to the next classification.

Qualifications or requirements (e.g., education, skills)

Qualifications & Experience:

• University degree in a business-related field or its equivalent.
• Minimum grade of C+ (plus) Mathematics, English/Kiswahili.
• Mean grade of C+ (plus) and above in KCSE exams.
• Computer Literacy

Experience needed

Minimum years of experience 1 to 2 years in any early debt collections environment.

Key Competencies and Skills

• Patience and Listening skills -An active listener
• Resilient and persistent - Ability to withstand hostility from debtors
• Assertive and confident -Firm communication to debtors on expectations.
• Conflict resolution - Ability to handle disputes amicably and at times counselling debtors.
• Adaptability- Ability to adapt to approaches based on debtor’s situation.
• Self-control and emotion intelligence - Ability to manage emotions irrespective of how difficult an issue.
• Negotiation skill -Ability to find a middle ground or a win - win situation on the preferred ground.
• Good communicator - both orally and in writing during negotiations
• Creativity skills -Ability to give other options to close cases without hurting the customer.

• Contact debtors by phone or through correspondence obtain payments, establish payment schedules and renegotiate payment schedules.
• Take actions to encourage timely debt payments to avoid aging of unpaid loans/accounts.
• Reconcile customer disputes pertaining to payment of outstanding loan balances that are due.
• Ensure defined department Collections goals are met.
• Provide customer service for the Credit collection services.
• Document all collections efforts of the accounts he/she had handled in the online credit collection system.
• Encourage the culture of saving by encouraging customers to make regular deposits for savings and not only making deposits to pay the loan.
• Business awareness -Be able to align collection to current business trends.
• Time Management -Ability to effectively manage one’s time to complete work according to established deadlines. The ability to prioritize tasks to make the best use of time

• Patience and Listening skills -An active listener
• Resilient and persistent - Ability to withstand hostility from debtors
• Assertive and confident -Firm communication to debtors on expectations.
• Conflict resolution - Ability to handle disputes amicably and at times counselling debtors.
• Adaptability- Ability to adapt to approaches based on debtor’s situation.
• Self-control and emotion intelligence - Ability to manage emotions irrespective of how difficult an issue.
• Negotiation skill -Ability to find a middle ground or a win - win situation on the preferred ground.
• Good communicator - both orally and in writing during negotiations
• Creativity skills -Ability to give other options to close cases without hurting the customer.

• University degree in a business-related field or its equivalent.
• Minimum grade of C+ (plus) Mathematics, English/Kiswahili.
• Mean grade of C+ (plus) and above in KCSE exams.
• Computer Literacy