Credit Collection Officers 4 Vacancies

Faulu Credit Collection Officers 4 Vacancies

Job Ref: HR: 025/1/2014

Job Summary: 

• Reporting to the Senior
• Collections Officer, the job holder will ensure compliance with internal credit policies and procedures, best practices and CBK prudential guidelines to facilitate management of credit risks within tolerable levels.
• He/she will ensure that ALL approved and disbursed loans are fully repaid as stipulated in the terms and conditions.

Key Roles and Expectations

• Management of one day arrears for all disbursed loans within the institution.
• Continuously track and report on the loan recovery progress for all loans in arrears.
• Prepare weekly arrears reports for all the branches and follow with them to ensure full repayment.
• Support branch collections and recovery processes then ensure recovery and debt collection processes are dully followed.
• Prepare reports and make recommendations on bad debts for further decision making.
• Process and maintain an updated register on loan related insurance claims and ensure prompt reimbursement. 
• Monitor debt collection response cycles and contacts as well as credit control performance.
• Manage resource scheduling and the determination of priority of work and procedures to maximize production output and success levels.
• Report and monitor all risksassociated with debt recovery.
• Generate compliance reports for use in decision making and performance appraisals.

Minimum Requirements

• Business Related degree,Masters Degree will be an added advantage.
• At least 2 years experience in lending in a financial institution with exposure in debt recovery /collection.
• Business management skills.
• Advanced knowledge and skills in Credit and Security management is a must.
• Team leader/player.
• Advanced knowledge of relevant laws governing financial institutions.
• Good interpersonal and report writing skills with ability to communicate effectively.
• Excellent leadership ability.
• Ability to work independently.
• Strong Christian values, commitment and passion for the transformation of the low income population.

If you meet the specified criteria, send your application via email to excitingcareers@faulukenya.com with the email subject as “Credit Collections Officer.”

Include an application letter and an updated CV (including 3 referees, one of whom must be a spiritual leader) addressed as below:

Head of Human Resources
Faulu Kenya Limited
P.O Box 60240 – 00200,
Nairobi
Note: All applications should reach us on or before 7th February, 2014.
Only shortlisted candidates will be contacted.