Faulu Mfb - Debt Recovery Officer

Mutual Fund

Nairobi, Kenya
Debt recovery portfolio management
Non-performing loan (npl) monitoring
Loan restructuring and negotiation
The role involves managing and recovering outstanding debts within an assigned portfolio to reduce non-performing loans and minimize loan loss provisions

Job Summary

  • The role involves managing and recovering outstanding debts within an assigned portfolio to reduce non-performing loans and minimize loan loss provisions.
  • The incumbent ensures compliance with the bank’s policies and regulatory requirements while implementing the institution’s strategy for reducing NPAs and recovering write-offs.
  • The position requires close collaboration with external service providers and internal stakeholders to ensure timely recoveries, proper documentation, and reporting on debt recovery progress.

Matching Summary

The role involves managing and recovering outstanding debts within an assigned portfolio to reduce non-performing loans and minimize loan loss provisions.

Skills & Requirements

Must-have

  • Debt recovery portfolio management
  • Non-performing loan (NPL) monitoring
  • Loan restructuring and negotiation
  • Compliance with banking policies
  • Use of collections and recovery systems
  • AML, KYC & CFT policy implementation

Nice-to-have

  • Analytical and proactive decision making
  • Excellent interpersonal skills
  • High degree of confidentiality
  • Creative and innovative approach
  • Physically fit and versatile
  • Knowledge of banking law

Key Requirements

  • Business Degree
  • 3 years experience in credit and debt recovery
  • Proficiency in computer applications
  • Credit & Risk Management course (desirable)
  • Knowledge of AML, KYC & CFT policies

Work Rights

Not specified

Tailored Resume

Cover Letter