Manager Recoveries at Bank of Africa Kenya Limited

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.

DMCA.com Protection Status