Job Summary
Reporting to the Senior Officer – Resolution, the incumbent will provide support to the divisional head in the Resolution Function to enhance depositors’ confidence through prompt and efficient resolution of troubled institutions.
Responsibilities
The essential duties and responsibilities include but not limited to:
Tracing, preserving and realizing assets of the institutions at the best market value for the benefit of depositors and creditors.
Reviewing loan files for purposes of resolving cases
Undertaking negotiations to resolve debts for Debt Negotiation and Asset Realization Committee (DNARC) decision
Preparing investments profiles and schedules to Investment Committee
Implementing Board decisions and Audit recommendations
Collating and submitting debtors profile to Credit Reference Bureaus (CRB) in accordance with the law
Preparing depositors payoff/reimbursements
Preparing and paying dividends to depositors, creditors and other service providers
Realizing of securities for the institutions
Preparing for cases and attendance of court sessions
Providing Custodian Services for securities and other assets
Filling of statutory returns with the Registrar of Companies
Preparing of financial management reports
Preparing and implementing the winding up process of institutions
Qualifications
Four (4) years’ work experience;
Bachelor’s degree in any of the following disciplines: Commerce, Finance, Economics, Business Administration or its relevant qualification from a recognized institution;
Certificate in a relevant professional field;
Proficiency in computer applications;
Shown merit and ability as reflected in work performance and results.
Key Competencies, Knowledge and Personal Attributes
IT skills
Negotiation skills
Professional ethics e.g. confidentiality Planning and coordination
Organizational skills
Compliance With Chapter Six (6) Of The Constitution Of Kenya
Applicants are required to immediately initiate self-clearance (Comply with Chapter 6 of the Constitution of Kenya) from: –
Kenya Revenue Authority (Tax Compliance Certificate)
Ethics and Anti-Corruption Commission
Department of Criminal Investigation (Certificate of Good Conduct)
Higher Education Loans Board
A Credit Reference Bureau
Please bring the receipts or evidence of the above self-clearance effort to Manpower Services if invited for the preliminary interview. Do not wait to be invited by Manpower Services for you to commence clearance of Chapter 6 requirements
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