Credit Recovery Officer - Credit Recovery Team job at SBM Bank
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356 Days Ago
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Vacancy title:
Credit Recovery Officer - Credit Recovery Team

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:

SBM Bank

Deadline of this Job:
21 October 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Wednesday, October 12, 2022 , Base Salary: Not Disclosed

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Credit Recovery Officer - Credit Recovery Team

Job Purpose:
Reporting to the Senior Officer, the Credit Recovery Officer will be called upon to contribute to the efficient management of debts through defined strategies.

Key Responsibilities:
• Perform close monitoring of credit facilities on a day-to-day basis to minimize delinquency and impairment level for the Bank and ensure that appropriate action is taken in a timely manner in accordance with defined policy / procedures
• Ensure close follow-up by effecting phone calls, preparing and issuing reminders and letters to Customers as well as conduct field visits as required
• Proactively negotiate and implement suitable debt recovery strategy
• Conduct credit analysis including financial statement analysis and collateral analysis
• Prepare restructuring proposals, where warranted and send to the appropriate authority for approval
• Review and monitor arrangements for repayments
• Compile and provide regular reports on income collection performance and management information
• Refer cases to legal service for recovery actions
• Update with accuracy and maintain manual and computer record systems
• Perform any other related duties

Qualifications, Experience & Skills:
• University degree preferably in Banking/Economics/Accounting/Finance or any other relevant field or professional qualifications
• Demonstrate analytical/problem solving skills, with a keen eye for details
• Be customer service oriented
• Good communication and negotiation skills

Job Experience: No Requirements

Work Hours: 8

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Go to SBM Bank on to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 21 October 2022
Duty Station: Nairobi
Posted: 12-10-2022
No of Jobs: 1
Start Publishing: 12-10-2022
Stop Publishing (Put date of 2030): 12-10-2066
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