- Minimum Qualification :
Job Description/Requirements
ABOUT THE COMPANY
Over these forty nine years, the Sacco has grown from strength to strength, first as Malindi Teachers Sacco and as more members from the greater Kilifi County joined, as Kilifi Teachers Sacco.
Now that the Sacco has grown to a membership of more than 38,000 members across Kenya and in the Diaspora, we have resolved to rebrand and become the essence of our brand – a stable and secure financial institution that assures its members of security and growth.
Imarika is Kiswahili for “become stable” and this is the promise that we make to our members – that we shall work with them to become stable and grow steadily to prosperity.
Imarika strives to live up to its values of being a part of the member’s family, caring and nurturing them at every stage of their lives and meeting them at their point of need. The Sacco enables them to grow within their means, with stability and security
JOB SUMMARY
Job Competencies (Academic, professional and Experience).Academic qualificationsBachelor's degree in cooperative management/banking /business administration or its equivalent
RESPONSIBILITIES
Handle the loan portfolio and ensure all loans are properly paid.Communicate with employers to recover loans for staff who are members of the Sacco.Ensure all check-off loans are captured on payrolls for members.Reconciliation of member accounts.Monitoring defaulted loan status.Write timely guarantor notification letters and effect recoveries.Follow-up with defaulters and guarantors for recovery.Carry out debt collection activities.Managing recovery activities as per Sacco recovery policies and proceduresSubmit timely reports to the supervisor.Asses the creditworthiness of new and existing members.Maintaining accurate records of members payments history and debt recovery efforts.Building and maintaining solid relationship with debtors while enforcing collection obligations.Loan recovery through collateral, attachments to guarantors disposal of assets through auctioneers.
REQUIRED SKILLS
Email correspondence, Document and archive management, Office supplies management, Office reception
REQUIRED EDUCATION
Bachelor's degree
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