Jamii Bora Bank Limited is currently the Fastest Growing Bank in Kenya!We are looking for individuals who are hard working, energetic and self motivated. Applications are invited for the following post:Job Title: Debt Recovery Officer
Department: Debt Recovery Unit
Reporting To: Debt Recovery Manager
Job Summary: Working closely with the debt recovery manager in ensuring that non performing loans are fully repaid as stipulated in the terms and conditions to prevent loss to the institution due to non-repayment.
Key responsibilities and priorities will include but not be limited to the following:To collect the non-performing portfolio allocated in accordance with the law and the bank’s policy.Prepare recommendations for further recovery procedures for approval.Issue reminders, notices and summons to and to follow up on recovery procedures as per the bank’s policyTo provide advice and assistance to the client in writing, by telephone, visitations (on need-basis) and/or in person.Preparing reports on daily recoveries as per allocated portfolio and weekly collections to be submitted at the end of every week.Liaise with branches to ensure recovered amounts deposited/credited into debtors accounts and follow ups on promises are made.Issue reminders, notices and summons to and to follow up on recovery procedures as per the bank’s policyTo provide assistance to the client in writing, by telephone or in person about the amounts owed and establish a way forward to settlement of the same.Liaise with branches to facilitate debtors visits for follow ups and location of defaulting clients’ place of work, business and/or place of residence.Daily collection of loans based on non-performing loan book classification namely Substandard, Doubtful & Loss and maintain the P.A.R at the set targets.Must have worked in a bank/ financial institutions credit department for at least 2years.Must have worked in collections or recoveries departments in his her previous place.Must be at least 27 years of age.Must possess strong negotiation and analytical skills.Must have an undergraduate business university degree.Additional professional credit qualification e.g certificate or diploma in credit management will be an added advantage.Should have knowledge on accounts grading and provisioning as per prudential guidelines.Can work with minimal supervisionHow to Apply If you are interested in the above position please forward your Cover Letter and updated Curriculum Vitae to human.resource@jamiiborabank.co.ke. The closing date shall be Saturday 31st May, 2014.
Please note that only short listed candidates will be contacted.Posted by: Jobwebkenya Company: Jamii Bora Bank Limited State: NairobiLocation: Nairobi, Nairobi, KenyaJob type: Full-TimeSalary: Job category: Banking Jobs in KenyaTags: No TagsJob expires in: Endless
Department: Debt Recovery Unit
Reporting To: Debt Recovery Manager
Job Summary: Working closely with the debt recovery manager in ensuring that non performing loans are fully repaid as stipulated in the terms and conditions to prevent loss to the institution due to non-repayment.
Key responsibilities and priorities will include but not be limited to the following:To collect the non-performing portfolio allocated in accordance with the law and the bank’s policy.Prepare recommendations for further recovery procedures for approval.Issue reminders, notices and summons to and to follow up on recovery procedures as per the bank’s policyTo provide advice and assistance to the client in writing, by telephone, visitations (on need-basis) and/or in person.Preparing reports on daily recoveries as per allocated portfolio and weekly collections to be submitted at the end of every week.Liaise with branches to ensure recovered amounts deposited/credited into debtors accounts and follow ups on promises are made.Issue reminders, notices and summons to and to follow up on recovery procedures as per the bank’s policyTo provide assistance to the client in writing, by telephone or in person about the amounts owed and establish a way forward to settlement of the same.Liaise with branches to facilitate debtors visits for follow ups and location of defaulting clients’ place of work, business and/or place of residence.Daily collection of loans based on non-performing loan book classification namely Substandard, Doubtful & Loss and maintain the P.A.R at the set targets.Must have worked in a bank/ financial institutions credit department for at least 2years.Must have worked in collections or recoveries departments in his her previous place.Must be at least 27 years of age.Must possess strong negotiation and analytical skills.Must have an undergraduate business university degree.Additional professional credit qualification e.g certificate or diploma in credit management will be an added advantage.Should have knowledge on accounts grading and provisioning as per prudential guidelines.Can work with minimal supervisionHow to Apply If you are interested in the above position please forward your Cover Letter and updated Curriculum Vitae to human.resource@jamiiborabank.co.ke. The closing date shall be Saturday 31st May, 2014.
Please note that only short listed candidates will be contacted.Posted by: Jobwebkenya Company: Jamii Bora Bank Limited State: NairobiLocation: Nairobi, Nairobi, KenyaJob type: Full-TimeSalary: Job category: Banking Jobs in KenyaTags: No TagsJob expires in: Endless
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