Recoveries Officer - Write Off

The role is responsible for the management of written off accounts by repairing and offering cures with the aim of writing back and making income for the bank.

1. Daily engagements through calls, texts emails and client visits to regularize accounts and offer cures.
2. Minuting all meetings held and actioning on the same.
3. Liaising with branches and service providers when following up on defaulters
4. Attending court as bank witness to ensure the bank gets favorable judgements and recover debts.
5. Pursuing execution of decrees given at court rulings so as to push the defaulters to pay
6. Resolution of complaints and proposals from clients and business with agreed TAT
7. Follow up on laid down procedures when dealing with clients and stakeholders while representing the Bank.
8. Training on any related field required on the job
9. Ensure to meet required Training Hours & Pass mark of 80%
10. Ensuring the physical and digital files are updated on a daily basis
11. Following laid down procedures and processes as we pursue debts
12. Ensuring all customer correspondences are attended to withing 48hrs
13. Ensuring all correspondences from the legal officers are responded to within 24 hours

1. Bachelor’s Degree in Business Administration, Finance, Accounting, or a related field
2. Minimum 3 yrs. banking experience especially in credit, recoveries/PQM with a good understanding credit policies and procedures
3. Good understanding of CBK prudential guidelines, banking Act, IFRS and other relevant statutes in banking