Debt Recovery Manager Job at SunCulture Kenya Limited… See details on how to apply for the opportunities available at SunCulture Kenya Limited.
Description:
Since the sale of our first kit in 2013, SunCulture has been on a mission to help smallholder farmers in Africa improve both crop yields and quality. We are driven to constantly innovate and improve our technology to make solar-powered irrigation solutions truly affordable for the millions of farmers on the continent.
Responsibilities:
- Project relevant trends that affect the collectibles of the non-performing PayG portfolio and isolate potential problem areas.
- Monitor PayG loan repayments and initiate/recommend a course of action.
- Instruct and Follow up with External Service providers on non-performing PayG accounts’ matters i.e. Debt collectors, auctioneers etc.
- Extract, confirm and transmit CRB information to licensed Credit Reference Bureau.
- Conduct field customer visits (on a need basis) and telephone calls to follow up on payments and collect from PayG debtors.
- Execute the institution strategy in reducing the Non-performing PayG portfolio at the same time report Write-offs, Collections, Repossessions etc.) on a regular pre-determined basis and provide information for business reporting.
- Ensure over 31-day arrears management for all disbursed PayG loans is fully executed.
- Ensure a record is maintained with the track of all the recovery progress for all PayG loans in arrears.
- Ensure weekly arrears reports are prepared for all the regions and follow with them to ensure full repayment.
- Ensure demand letters are prepared and ensure that they are forwarded to the defaulting PayG customers.
- Ensure reports are prepared and recommendations made on bad debts be written-off to the management for approval.
- Ensure an up to date register on loan-related insurance claims is maintained and ensure prompt reimbursement from underwriters.
Qualifications And Knowledge:
- A Business-related degree, CPA qualification is an added advantage.
- Over 4 years experience in debt collection and recovery environment (Practical experience in Lending and recovery).
- Knowledge in credit management and banking is an added advantage.
- Capacity and willingness to work for long hours and within strict deadlines.
- Excellent interpersonal skills with good leadership skills.
- Knowledgeable in the Financial Services, Micro Finance and consumer lending sectors is a must.
How to Apply
Interested and suitable applicants should CLICK HERE to apply.
Application Deadline: 15th January 2022.