The role holder will be responsible for implementing effective recovery strategies, minimizing financial losses, and ensuring the timely resolution of non-performing loans (NPLs). The liaison person with bank units and service providers on loan monitoring and hard recovery.
Key Responsibilities:
Manage the quality of distressed loan accounts in the sector, including slippages into Watch and NPLs.
Ensure timely issuance and posting of demand notices for delinquent asset finance and IPF facilities, in line with bank policy.
Oversee full IPF management on defaulted facilities, ensuring prompt cancellation and refund processes.
Act as the key DRU liaison manager to ensure compliance with sector recovery guidelines, including repossession orders, restructures, auctions, legal cases, and write-offs.
Manage insurance renewals for bank-financed assets according to contract lending covenants.
Monitor the performance and review of tracking devices panel
Take direct ownership of the top 30 NPL accounts, including engagement and visits.
Qualifications & Experience
A university degree in management or business-related area from a recognized learning institution.
KCSE mean grade – C+ and above
At least six (6) years of experience in commercial credit, financial analysis, or banking, three (3) years of which must be at management or supervisory level.
Strong understanding of credit assessment, risk management, and portfolio development, preferably in quality management or credit.
Ability to build and maintain high-value client relationships.
Strong understanding of credit processes.
Apply via :
equitybank.taleo.net