I&M Bank Nairobi Kenya
1 month ago
I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking.
To ensure that Retail Business meets its credit objectives through monitoring of accounts’ performance and managing late repayments and arrears to ensures delinquency rates are managed within Bank’s stipulated acceptable levels.
The incumbent will report to Senior Manager, Retail Collections & Recoveries and will be responsible for:
Monitoring allocated accounts on a daily basis and instituting timely corrective measures to avoid delinquency
Contacting clients in default to ensure repayments are received.
Ensure the set collections targets and flow rates are met
Analyzing paid up debts and recommending closure of the accounts.
Implementing the set strategies and methodologies to reduce volume of past due accounts and write offs.
Highlight any credit failures as first level... of contact with these issues to provide lessons learnt to improve the credit approval process
Good business communication (written and verbal) skills.
Should possess strong negotiations and good interpersonal skills and be able to interact with all levels of personnel within and outside the Bank.
Proficiency in the use of computers - MS office, relevant banking software.
Good problem solving and analytical skills.
Good judgment and decision-making skills.
Ability to work independently, with minimal supervision.
Ability to work with large volumes of work.
Qualification and Experience
Three years continuous working at officer levels in debt management preferably a bank out of which two years must be in credit department.
Degree from a recognized University
Collections Officer, Retail Credit at I&M Bank Nairobi jobs
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