Job Summary
PCEA Ruiru SACCO is seeking to recruit a competent and qualified Debt Recovery Officer with high synergy to meet the SACCO’s projections and the portfolio at risk (PAR).
- Minimum Qualification : Bachelors
- Experience Level : Mid level
- Experience Length : 4 years
Job Description/Requirements
i. Putting in place and implementing effective credit monitoring, collection and recovery strategies.
ii. Preparing, analyzing and submitting regular reports in relation to loan overdue accounts, recovery plans and risk exposures.
iii. Identifying, assessing, and evaluating risk areas in recovery and making appropriate recommendations.
iv. Ensure daily executions of debt follow up through phone calls, SMS, customer visits, and demand letters.
v. Ensures safe keeping and confidentiality of all member loan records.
vi. Ensure the recovery of outstanding amount and ensuring the process of realization of securities is handled
procedurally in order to avoid delay through intermittent ligation while at the same time ensure that the defaulting client’s rights
are respected in order to avoid potential risk exposure to society through litigation or
adverse publicity.
vii. Plan and coordinate the debt recovery process with various service providers (Debt collectors and Auctioneers) in order to avoid undue delay and recovery costs escalation.
viii. Managing all the securities registers.
ix. Preparing CRB listing information as per policy.
x. Collections of defaulted loans/Physical recoveries.
xi. Preparation of PAR and delinquency schedules.
xii. Ensures that loans are recovered, and member accounts are reconciled daily.
xiii. Any other lawful duties that may be assigned from time to time.
Interested and qualified applicants are requested to send their applications, CV and testimonials through the email
vacancies@pcearuirusacco.com or hand delivery to
the Sacco offices indicating their current and expected gross
salary.
The application should be addressed to;
THE CHIEF EXECUTIVE OFFICER,
PCEA RUIRU REGULATED N-WDT SACCO SOCIETY LTD,
P.O BOX 1497-00232,
RUIRU.
Only shortlisted candidates will be contacted. If you do not hear from us by 30th September 2024,
consider your application as unsuccessful
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