Manager Recoveries at Bank of Africa Kenya Limited… See details on how to apply for the opportunities available at Bank of Africa Kenya Limited.
Descriptions;
BANK OF AFRICA – KENYA LIMITED (BOA-KENYA) is a commercial bank providing banking services to corporate, SME and retail clientele.
RESPONSIBILITIES:
starting with Strategic, Managerial then Operational
- Analysing and making/recommending decisions on recommended actions by Recoveries officer i.e. restructures, delay payments, transfer to third parties.
- Developing, and guiding Debt Recovery and Remedial unit staff in reviewing all non-performing facilities and developing appropriate strategies to ensure efficient and cost effective recoveries.
- Review, recommend and implement debt restructures/renegotiations where appropriate to return bad debts to performing book.
- In conjunction with the GM Recoveries review and managing High value top accounts to avail proper work out solutions
- Secretary to the Recovery Analysis meetings (held by Recovery analysis committee ) for delinquent/struggling accounts
- Attend and present in CDA/SAC/RAC meetings and implement appropriate actions
- Reviewing and validating the service providers invoices
- Implement a system to ensure all recovery actions are adequately documented as per Bank’s guidelines
- Minimum Requirements-State the Academic and Professional Qualifications and Work Experience
Requirements
Work Experience
- 5-7 years+ relevant work experience (preferably within Credit risk management or Credit Control).
- In-depth knowledge of Credit risk management.
- Knowledge of Methods and techniques used to analyze the financial conditions of debtors and to make collections.
- Knowledge of the CRB Act, prudential guidelines and consumer protection Act.
Academic & Professional Qualifications
- University Degree preferably in Business related field such as Economics, Finance & Accounting from recognized institution by Commission for University Education.
- Master’s degree in a relevant field is added advantage.
- Banking professional qualification, Accounting Qualification or equivalent
METHOD OF APPLICATION
Submit your CV, copies of relevant documents and Application to [email protected]
Use the title of the position as the subject of the email
Application Deadline: 18th November 2022.