Job Title: Debt Recovery Officer
Company: UNAITAS
Job Location: Nairobi, Kenya
Duties and Responsibilities:
• Continuous follow up after initial contact to constantly remind members of their obligations to the society;
• Drafting and issuing appropriate notices to the members requiring clearing of arrears or warning of potential legal action;
• Managing issuance of all required statutory notices prior to engaging recovery action;
• Engaging auctioneers, investigations and private debt collectors;
• Monitoring the performance of third parties involved in the debt collection process auctioneers, lawyers, private debt collectors;
• Following up legal cases where recovery action is challenged in court;
• Identifying and classifying hard core cases and where necessary recommending write offs;
• Negotiating and restructuring facilities where such actions increase chances of recovery of the debt;
• Ensuring that restructuring is done correctly in a legally binding manner without prejudicing original contacts and security;
• Keeping collection costs in check;
• Ensuring a uniform debt collection strategy in line with the society’s brand to avoid reputational risk or legal challenges by following strict policies and procedures;
• Managing storage and sale of repossessed collaterals;
• Documenting and disseminating lessons to lending officers on common challenges, trends, gaps and high risk arrears;
• Supporting collection drives instituted at branches that have arrears challenges;
Required academic qualifications:
• Degree in any business related field
• B [plain] in KCSE
Other Requirements:
• Over 2 years work experience-in debt recovery & credit management
• Proactive and of good analytical skills and ability to make decisions
• Team player with excellent interpersonal and member service skills
• High degree of integrity and commitment
How to Apply:
Send us your application and updated curriculum vitae [MS Word Format] via E mail only to; hr@unaitas.com
Application Deadline: 31st Oct 2013
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