Stima DT Savings and Credit Cooperative Society Limited (Stima Sacco) is a leading country-wide, fast growing, and licensed DTS (Deposit Taking Sacco). To achieve the planned growth, the Sacco is looking for qualified and competent persons to fill the following vacancy:
CREDIT CONTROL ASSISTANT
Job Summary
Responsible for overseeing the collection of customer accounts in a manner that ensures high customer satisfaction and loyalty.
Core duties and responsibilities
- Monitors branch loan portfolio performance and ensures compliance to the SACCO’s policy and regulatory guidelines.
- Provides data to be used on realization of assets and attachment of loans to guarantors.
- Carries out remedial measures and active recoveries on delinquent loans.
- Communicates and issues default notices in line with the Society’s policy.
- Initiates recovery processes on delinquent loans.
- Offers financial counsel and remedial actions to delinquent facilities.
- Advises on payment plans and loan restructuring options.
- Oversees the attachment, recovery, and guarantor management of defaulter loans.
- Generates and submits defaulter list for CRB listing and delisting.
- Liaises with external debt collectors on loan recoveries.
- Member of the Branch Credit Committee
- Supports the Credit Officer in loan processing.
- Performs any other duties as may be assigned from time to time.
Generic duties and responsibilities
Prepares monthly, quarterly, and annual reports.
Person Specifications
- Bachelor’s Degree from a recognized Institution of Learning.
- Diploma in Business Management or Banking in combination with three years qualifying experience may be accepted in lieu of Bachelor’s Degree.
Experience
A minimum of three (3) years relevant experience will be a requirement.
Knowledge, skills, and attributes
- Analytical risk assessment skills.
- Good communication and interpersonal skills
- Ability to build and maintain relationships with customers and other stakeholders.
- Ability to write reports.
Key Result Areas
- Increased customer satisfaction index
- Collection effectiveness
- Reduction in delinquent loans
How to Apply
Qualified applicants should apply on or before 5:00pm on Friday, 24th February 2023 using the link provided in the Society’s website.
***Only shortlisted candidates will be contacted. ***
https://jobcenterkenya.com/credit-control-assistant-job-in-kenya/

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