Summary
Date Posted: Tuesday, February 15, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
CAREER OPPORTUNITY
We are a dynamic, well-established NWDT Savings and Credit Co-operative Society in the country with membership spread across the world. We are seeking to recruit highly qualified result-oriented individuals for the following position.

LOAN RECOVERY ASSISTANT
Overall purpose of the Job
Responsible for analysing, negotiation and follow up loan of accounts in default/arrears for recovery in line with the credit policy

Duties and responsibilities
• Aggressively follow up on nonperforming loans through telephone calls, emails and text messages
• Management of direct debits by extracting the direct debits from loan forms, processing and submitting to the banks, monthly reconciliation, follow up and reporting performance.
• Management of check off by sending Check off advice and clearance letters to members and employers, Follow up and reporting performance.
• Communicating and issuing default notices as per policy
• Attending to members inquiries on matters relating to their accounts.
• Refunding guarantors amounts deducted from them with respect to defaulted loans in cases where defaulters have made payments.
• Processing invoices from the debt collectors and other service providers in the recovery section.
• Preparing periodical reports on delinquent loans and accounts
• Verification of member information/documents and bank statements whilst assessing loans.
• Enforcing the tier System on the deposit contributions.
• Guarantor Substitution in line with the policy
• Any other lawful duty that may be assigned from time to time.

Minimum academic and professional qualifications required
• A Bachelor’s Degree in Accounting, Finance, Business/Credit Administration, Co-operative Management or equivalent,
• A professional qualification in accounting i.e. CPA K/ACCA/ACA/CFA or Credit administration and a member of a relevant professional body is an added advantage,
• Minimum 2 years relevant work experience,
• Successful candidates will be required to meet the requirements of Chapter 6 of the constitution of Kenya by obtaining the necessary documentation.

Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8

Job application procedure
Interested candidates for the above opportunity should apply online by filling in the data form from the link below.
https://docs.google.com/forms/d/1AC9gx7osnGxbGltQW00YBBmQSzwDKXj4VfY2hP-6WQA/edit?usp=sharing 
The data form must be filled in full. Incomplete forms will be disqualified. In addition, applicants should upload the application letter, detailed curriculum vitae, copies of academic and professional certificates and relevant testimonials on the data form.
The deadline for submission of all applications is on or before 18th February 2022 by 5.00pm.
Kindly note that only shortlisted candidates shall be contacted.
https://www.mhasibusacco.com/careers/

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