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Recoveries Officer job at Shining Hope For Communities

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Job Detail

  • Job ID 1007560
  • Career Level Others
  • Experience 3 Years
  • Industry Finance
  • Qualifications Degree Bachelor

Job Description

Responsibilities
• Systematic monitoring and collection of all delinquent cases for watch, sub-standard, doubtful, and loss internally or through external agencies
• Recovery management and maintaining default rate at stipulated levels
Listing of all defaulters with CRB and frequent updates of their records
• Assigning members’ loan accounts in default to debt collectors.
• Manage relations and direct follow-up with external credit service providers i.e. Debt collectors, Tribunal lawyers, valuers, auctioneers, private investigators etc. and ensure they perform their functions optimally
• Ensure timely and accurate defaulters reporting for management decision-making on the Non-performing loans
• Devise means and/or advice on any best way to manage risk exposures in the society.
• Any other duty assigned by the management from time to time.
Job Competencies (Knowledge, Experience and Attributes / Skills).

Required skills

• A Business related degree or its equivalent from a recognized institution. • At least 3 years’ experience in debt recovery in a financial institution. • CPA Part 2 (Sec. IV) • Professional Qualification in credit management will be an added advantage.

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