Friday, October 11, 2013

UNAITAS Debt Recovery Officer Job in Kenya

UNAITAS is seeking to recruit dynamic, committed and responsible persons to fill the following position;
Debt Recovery Officer
Reporting to the credit Manager, the job holder will be responsible for handling all aspects of debt collection.
Duties and Responsibilities
  • Continuous follow up after initial contact to constantly remind members of their obligations to the society;
  • Drafting and issuing appropriate notices to the members requiring clearing of arrears or warning of potential legal action;
  • Managing issuance of all required statutory notices prior to engaging recovery action;
  • Engaging auctioneers, investigations and private debt collectors;
  • Monitoring the performance of third parties involved in the debt collection process auctioneers, lawyers, private debt collectors;
  • Following up legal cases where recovery action is challenged in court;
  • Identifying and classifying hard core cases and where necessary recommending write offs;
  • Negotiating and restructuring facilities where such actions increase chances of recovery of the debt;
  • Ensuring that restructuring is done correctly in a legally binding manner without prejudicing original contacts and security;
  • Keeping collection costs in check;
  • Ensuring a uniform debt collection strategy in line with the society’s brand to avoid reputational risk or legal challenges by following strict policies and procedures;
  • Managing storage and sale of repossessed collaterals;
  • Documenting and disseminating lessons to lending officers on common challenges, trends, gaps and high risk arrears;
  • Supporting collection drives instituted at branches that have arrears challenges;
Required academic qualifications
  • Degree in any business related field
  • B [plain] in KCSE
Other Requirements
  • Over 2 years work experience-in debt recovery & credit management
  • Proactive and of good analytical skills and ability to make decisions
  • Team player with excellent interpersonal and member service skills
  • High degree of integrity and commitment
Send us your application and updated curriculum vitae [MS Word Format] via E mail only to; to reach us on or before 31.10.2013