Recovery Loan Officers Job at Access Microfinance Bank
Recovery Loan Officers Job at Access Microfinance Bank…See Details on how to apply for the vacancies available at Access Microfinance Bank.
Access Microfinance Holding, or AccessHolding, is a private company incorporated in Germany. AccessHolding was founded in 2006 as a partnership among high profile investors from the public sphere (Development Finance Institutions or “DFIs”) and private sector impact investors. What unites our shareholders is the drive to support entrepreneurs in developing and emerging markets by providing access to responsible and fair financial services.
- Recovery Loan Officers
Responsibilities:
- To prepare and send to Recovery Team Leader the daily, weekly and monthly collection plans.
- Prioritizing cases to recovery in his/ her portfolio.
- Project auctions according to the notice of default on hand.
- To monitor his/ her portfolio in the Bank’s software i.e. my MBS through repayment monitoring report on daily basis.
- To implement the recovery decisions made by recovery committees for cases assigned to him/her.
- To update overdue statuses and actions done from recovery committees’ decisions in the mainstream for all cases in his/her portfolio.
- To participate in public auctions for properties to be sold in recovery for both active and recovery portfolios.
- Responsible for constant visitations (business place/ home/ collaterals/ guarantors/ collateral providers) and calling of overdue clients in his / her portfolio
- To organize and conduct confiscations of pledged movable assets from defaulted clients and deposit them in the warehouse.
- Work close with debt collection companies when the need arises at a specific recovery stage(s).
- Providing feedback to the Risk department on the gaps within the bank’s credit process during handovers from the active to the recovery unit.
- To ensure and enforce recovery procedures are followed in good practice by all stakeholders in the recovery unit.
- To follow up on court cases in his/her portfolio for updates from the Legal department.
- To ensure a good relationship with all the bank’s recovery/risk department stakeholders.
- To ensure a high standard of customer service to clients in his/ her portfolio all the time.
Qualifications:
- Bachelors or an Advanced Diploma holder in any field of study.
- Diligent, self-committed, stable, objective and rational person is required Very good understanding of the business and the credit cycle.
- Minimum of 1 year of experience in Business (credit area).
- Strong interpersonal skills
- Computer literacy; Word, Excel, etc.
- Fluent in English and Swahili.
How to Apply
Kindly send your application letter and CV by email to [email protected]. The application letter should explain why you fit for this position.
Application Deadline:18th June 2021.
