Rafiki Microfinance Bank Hiring Assistant Manager – Debt Recovery Unit (Central Office)

Position:Assistant Manager – Debt Recovery Unit (Central Office) Number of openings:2 Location:Nairobi Purpose of the Job:The position will be responsible for monitoring, constant follow-up, restructuring, and making appropriate recommendations to the Credit Committee on non-performing loan accounts as per Special Assets & Debt Recovery Policy. Reports to:Manager Debt Recovery Unit Job Description: Manage debt collection process in line with Bank policy. Manage the Bank’s non-performing portfolio with a view of maximizing profitability for the Bank. Liaison and management of external agencies and legal partners assisting in recoveries. Maintain recovery records in line with bank policies. Recommend suspension of interest, provisions, write-offs, and write-backs on non-performing loan accounts to the Credit Committee as per CBK Regulations. Undertake performance monitoring and review for the team in Special Asset and DRU. Provide prompt guidance, mentoring, coaching, and support on aspects of debt recovery to the team. Maintain a register of all repossessed assets that need to be advertised for sale. Ensure compliance with both internal and external regulatory requirements. Represent the Bank as witness on litigation matters touching on debt recovery Any other official duties assigned from time to time. Required Skills, Qualifications & Experiences Bachelor’s degree in Law, Social science, or Business related field 5-6 Years working experience Interpersonal skills Networking skills Attention to details Relationship Management Negotiation skills Problem-solving skills Proficiency in MS Office Confidentiality Integrity How to ApplyInterested candidates are requested to send their cover letter and CV to [email protected] quoting the position applied for on the e-mail subject on or before 31st January 2024 at 5:00 pm. Note: Only shortlisted candidates shall be contacted.