JOB PURPOSE:
Reporting to the Senior Recoveries Manager, the job holder will be responsible for driving collection and rehabilitation of delinquent/non-performing loans portfolio and restructuring of debts to ensure optimal settlement of the same.
Key Responsibilities:
Responsible for restructuring of debts to ensure optimal schedules are adopted in the best interest of the Bank.
Managing the allocated portfolio of clients in arrears above 60 days by;
Contacting debtors by phone, correspondence and personal contact to determine willingness and ability to pay
Explaining legal requirements and obligations
Obtaining payments
Establish payment schedules and renegotiating payment schedules
Making restructure recommendations
Following up clients’ promises to pay
Making recommendations on disposal of collateral
Liaising with and monitoring of third party actions.
Attending Regularization of Anomalies Committee (PQM) weekly meeting.
Make recommendations on clients to be handled by third parties and those that should be written off and follow up action.
Oversight of securities documents to ensure proper management in line with loan obligations and settlement of the same. go to method of application »
