Supervisor, Credit Collections at SBM Bank

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Job Detail

  • Job ID 1019509
  • Experience  Less Than 1 Year
  • Qualifications  Degree Bachelor

Job Description

Key Responsibilities

Operational – 55%

  • Daily monitoring of allocated portfolio of delinquent term loans and Overdrafts (1-90DPD) facilities to determine reasons for delinquency by application of sound credit judgment, collections strategy and process within pre-determined broad policy guidelines and regulation to minimize credit losses.
  • Guide the banks policy by providing data that show main reason for account default, exposure per default reason as indicated in the process summary document
  • Using existing Collections reports and systems available from time to time, follow up clients within own portfolio to recover arrears.
  • Undertake timely collections actions through effective communication and negotiate with customers on their past due facilities while ensuring that subsequent actions on the facilities, if required, are not unduly delayed.
  • Quick identification and escalation of Collections exceptions on own portfolio to reporting line that require approval or consideration of alternative recovery actions.
  • Constant liaison with the business network to undertake appropriate measures on allocated Collections portfolio to offer alternative solutions for customers.
  • Ensure individual performance objectives and measures are agreed with line manager.
  • Efficiently maintaining an accurate diary of collections actions undertaken on own portfolio with timely follow-up of due actions.
  • Ensure upload of all actions taken onto the Debt Collection & Collateral management system -DCCM.

Relationship Management – 25%

  • Respond to customer complaints and queries and escalate unresolved cases for collections management review and advice.
  • Work with service providers and all stakeholders to ensure compliance & portfolio profitability.
  • Application of world class customer service standards always while handling customers issues, walk in customers and customer correspondences assigned on recovery related matters.

Compliance – 20%

While the role holder is expected to apply reasonable judgment to always enhance maximization of value for the bank at all times, commitment to guidelines below is  non-negotiable:

  • Compliance with the SBM Bank Loss Recognition and forbearance policies
  • Compliance with Central Bank’s Prudential Guidelines and Risk Management guidelines
  •  Compliance with Consumer Protection Act and Data Protection Act
  • Compliance with SBM Bank’s customer service standards, values and habits.

Direct Reports to this position

N/A

Customers of this Position

All Departments in the Bank

Knowledge: Skills and Experience required for this Role:

  • 1 years’ experience in a debt recovery function
  • University degree in a Business-related field from a recognized institution.
  • Excellent Communication and Negotiation skills

Competencies required for this Role

  • Analytical and numerical skills
  • Communication skills (written and verbal)
  • Inter-personal skills
  • Negotiation and Influencing skills
  • Spreadsheets/Database Skills
  • Planning and personal organization
  • Operational excellence
  • Service excellence
  • Problem solving skills
  • Customer handing techniques

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