Purpose
The purpose of this role is to engage in conducting
credit investigations and collecting delinquent accounts and will communicate
all credit related issues to senior management. The role holder will carry out
various initiatives and strategy towards recovery across all types of customers
and involving various key stakeholders both external and internal including
receivers/ administrators, Law firms, auctioneers, other business segments,
legal, etc.
Primary Responsibilities
Assess the level of provisions requirement for all
NPA accounts and write offs managed in line with the firm’s policies and
procedures including approval.
Liaise directly with clients, third parties and
colleagues in other departments to maximize collections performance whilst also
ensuring good client outcomes.
Deal with processing loan workouts, rescheduling and
rehabilitation, acceleration of repayments, enforcement and foreclosures,
liquidation and administration of assets and collateral and implementation of
various forms recovery strategies.
Submit required reports to the BCC, NPA & CRMC Committees in a timely manner.
Ensure satisfactory Internal or External Audit
Reports including CBK.
Identify accounts requiring collection agency or
legal action and coordinate collections with third party contractors.
Monitor, review and report the portfolio performance
and ensuring proper asset classification and provisioning for loans and
advances as well as the analysis and reporting of the quality of the loan book
and arrest negative trends.
Serve as a member of the NPA Committee, reviewing and
following up non-performing accounts, ensuring agreed remedial actions for
non-performing accounts at minimal cost.
Review CBK and IFRS provisions for all NPA customers.
Responsible for stakeholder management including
various service providers like auctioneers, lawyers.
Person Specifications
A Bachelor’s degree in Finance, Accounting or related
field.
Diploma in Credit Management.
At least 5 years of experience in Credit.
CPA (preferred).
Professional Banking qualifications (e.g. ACIB).
Experience in both corporate relationship management
and credit risk analysis.
Experience in dealing with senior management of
corporate entities.
Good knowledge of the local legal system, insolvency
law and security issues, and the options available to the Bank
How To Apply
