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 Apply
Interested 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.
By Hiring Kenya 
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