-
Recovery Officers at
5 days ago
Mwananchi Credit Ltd Nairobi, Kenya Full timeMwananchi Credit Limited was incorporated as a private limited company under the Companies Act (Cap 486) of the Laws of Kenya. It initially started operations under the names Mwananchi Microlink Ltd which was incorporated on 15th April 2010. On 10th January 2012, it later changed ...
-
Legal and Recovery Officer at
1 day ago
Ramco Group Nairobi, Kenya Full timeMr Rambhai came to Kenya in the early 1940s from the Gujarat region of India. He started a small hardware store in downtown Nairobi in 1948 and that was the humble beginnings of what is now the Ramco Group · SUMMARY · The overall purpose of this role is to ensure that legal docum ...
-
Regional Recoveries Officer at
1 week ago
Letshego Kenya Limited Nairobi, Kenya Full timeLetshego Kenya Limited (Letshego Kenya) provides financial services to small and micro-entrepreneurs, individuals and salaried employees in the public and private sector. Letshego Kenya is founded on, and continues to strive towards, the principle of finding the most effective wa ...
-
Legal and Recovery Officer
6 days ago
Ramco Group of Companies Nairobi, Kenya Full timeABOUT THE COMPANY · The Ramco Group is a conglomerate of over 50 companies operating within East Africa with a focus in 6 sectors: Print, Hardware, Manufacturing, Office Supplies, Services & Property. · JOB SUMMARY · The overall purpose of this role is to ensure that legal docume ...
-
Debt Recovery Officer
1 week ago
SunCulture Kenya Ltd Nairobi, Kenya Full timeSince the sale of our first kit in 2013, SunCulture has been on a mission to help smallholder farmers in Africa improve both crop yields and quality. We are driven to constantly innovate and improve our technology to make solar powered irrigation solutions truly affordable for th ...
-
Debt Recovery Officer at
1 week ago
Caritas MFB Nairobi, Kenya Full timeCaritas Microfinance Bank is a licensed microfinance bank regulated by Central Bank of Kenya. Caritas MFB offers a full range of innovative and customized financial services with a special focus on the unbanked and underbanked. Its headquarters are located in the Nairobi CBD. · J ...
-
Sacco Debt Recovery Officer at
2 days ago
Co-operative Bank of Kenya Nairobi, Kenya Full timeThe Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. · DEBT RECOVERY ...
-
Sacco Debt Recovery Officer
1 day ago
Co-operative Bank Nairobi, Kenya Full timeABOUT THE COMPANY · The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1 ...
-
Sacco Loan Recoveries Officer at
5 days ago
Co-operative Bank of Kenya Nairobi, Kenya Full timeThe Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965 · LOAN RECOVERIE ...
-
Sacco Loan Recoveries Officer
1 week ago
Co-operative Bank Nairobi, Kenya Full timeABOUT THE COMPANY · The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1 ...
-
Assistant Legal Officer- Debt Recovery at
6 days ago
Gap Recruitment Services Limited Nairobi, Kenya Full timeGap Recruitment Services Limited is a leading recruitment firm in Kenya where International and local companies find just the right fit talent. · Job Purpose: · The Assistant Legal Officer will ensure the collection of outstanding debts owed to the company through legal means. T ...
-
Territory Manager at
4 days ago
Watu Credit Limited Nairobi, Kenya Full timeWatu Credit Limited is a dynamic and fast-growing non-bank finance company. Watu Credit Limited harnesses technology to offer unsecured lending, primarily via mobile services. We aim to become the leading African provider of a broad set of inclusive financial products, delivered ...
-
Reinsurance Officer at
1 week ago
CIC Insurance Nairobi, Kenya Full timeCIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi · PURPOSE: · To support the business operations through supporting underwriting and claims departments in business. T ...
-
Assistant Reinsurance Manager at
1 week ago
CIC Insurance Nairobi, Kenya Full timeCIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi · PURPOSE: · To achieve reinsurance business growth and development to generate revenues to support the company's gro ...
-
Board Member – Busia County
3 days ago
Busia County Public Service Board Nairobi, Kenya Full timePursuant to Article b) of the Constitution of Kenya, 2010, and Section b) of the County Governments Act, 2012, the County Public Service Board of Busia would like to employ interested and qualified Persons to fill the following Positions in the Office of Governor. · ADVERT. NO. C ...
-
Legal & Compliance Manager at
4 days ago
Canon Nairobi, Kenya Full timeOur global company was founded in Japan in 1937 with the aim of making the best quality camera available. Our passion for the Power of Image has made us a world leader today in both consumer and business imaging solutions. · PURPOSE OF THE ROLE · Provide specialist legal advice t ...
-
Assistant Manager- Debt Recovery Unit at
1 week ago
Sidian Bank Nairobi, Kenya Full timeAt Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality. It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial so ...
-
Urban Resilience Specialist at
3 hours ago
UN-Habitat Nairobi, Kenya Full timeThe United Nations Human Settlements Programme, UN-Habitat, is the UN agency for human settlements. It is mandated by the UN General Assembly to promote socially and environmentally sustainable towns and cities with the goal of providing adequate shelter for · Within the Regional ...
-
Kenya Deposit Insurance Corporation Nairobi, Kenya Full timeKDIC is a statutory institution established under the Kenya Deposit Insurance Act, 2012 (KDI Act, The Corporation is mandated to provide a deposit insurance scheme for customers of member institutions, to provide incentives for sound risk management and generally promote the stab ...
-
Credit Collections Associate
3 hours ago
SunCulture Kenya Ltd Nairobi, Kenya Full timeSince the sale of our first kit in 2013, SunCulture has been on a mission to help smallholder farmers in Africa improve both crop yields and quality. We are driven to constantly innovate and improve our technology to make solar powered irrigation solutions truly affordable for th ...
Recovery Officer at - Nairobi, Kenya - K-Unity
Description
K-Unity (formerly Kiambu Unity Finance cooperative union Ltd) is a co-operative union established under the Ministry of Co-operatives and Marketing, registered under the Co-operative Society's Act Cap 490 of the Laws of KenyaSummary
Reviewing non-performing loan book and developing appropriate strategies to ensure timely recovery of amounts due, with minimum loss exposure.
Bringing overall debt recovery knowledge and overall structuring and management of credit facilities.Key Tasks and Responsibilities:
Meeting set Collections and Recoveries targets.
Delinquency management to below the regulatory requirement.
Based on overall assessment of the NPL book and debt recovery success rate, critically reviewing all non-performing facilities and development of appropriate strategies to ensure K-Unity recovers the amounts due in an efficient and cost-effective manner.
On a case-by-case basis, assessing K-Unity positioning and its ability to recover the amounts due without forced realization of securities held as far as possible.
This includes detailed negotiations with the defaulting clients for facilities re-structure, where possible, to maintain customer goodwill.Planning and closely coordinating the debt recovery process with various stakeholders, including Lawyers, Valuers and Auctioneers amongst others, to avoid undue delay and recovery costs escalation.
For cases in court, ensuring the relevant evidence in support of K-Unity case is properly documented and shared with the key stakeholders in good time, ahead of court appearances.
Representing K-Unity as a witness as and when required.Where K-Unity is represented in court by other witnesses, ensuring these witnesses are well prepared with information and absolute clarity on the background of each case.
Providing periodic reports to the Recovery Manager on the status of each non-performing facility, with clear recommendations on the way forward or closure.
This is not a complete statement of all duties and responsibilities of this post, you may be required to carry out other duties as directed by the Supervisor.
Qualifications and Competencies:
Bachelor's degree in finance, accounting, banking, or any other business-related field.
Professional qualification in Credit e.g., C.C.P is an added advantage.
Professional qualifications in accounting will be an added advantage.
Minimum of 3 years progressive working experience in debt recovery in a bank or financial institution.
Knowledge of debt recovery and realization process
Strong analytical skills.
Excellent negotiation skills.
Effective communicator – both verbally and in writing.
Strong interpersonal skills.
Focused and self-driven
Attentive to detail.
a.