Regional Recoveries Officer at Letshego Kenya Limited

3 weeks ago

Nairobi, Kenya Letshego Kenya Limited Full time

Letshego 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 way to implement microfinance in an African context
Job Summary
The role of the Regional Collections & Recoveries officer is to drive the implementation of productive and effective recoveries & collections measures, processes and systems by ensuring the approach maximises recoveries, write-off management, blacklisting of accounts, and managing arrears recoveries.
Responsibilities
Critical Deliverables /Core Accountabilities and Responsibilities

Ensures effective implementation of credit policy and external regulations relating to arrears recoveries, including engagement of internal/external tracers, debt collectors, and loan rescheduling and legal recoveries.
Ensure recovery through tracers (internal/external), through debt collectors, loan rescheduling and recoveries.
Facilitate arrears recoveries process to ensure they are maximized and addresses any shortfall promptly.
Facilitate issuing of past due to notices and demand notices for effectiveness.
Prepare monthly reports on recoveries rate.
Make and arrange collection schedule with the customer.
Contact customer via telephone, post and record all forms of correspondences to the clients for monitoring purposes in close collaboration with recovery department and legal department where necessary.
Ensure payments from defaulted clients are collected promptly.
Ensure availability of client records.

Requirements
Education

Bachelor’s degree in Finance, Business, Economics, Accounting

Experience 

At least 4 years’ experience in collections and recoveries within Financial Services

Certifications 

Knowledge

Understanding of the business drivers and the strategic direction the group and role of risk management in achieving objectives
Awareness of current industry threats, trends, technologies and issues that potentially affect organisation’s business
Knowledge of risk management best practices and how to implement them.
Knowledge of global operational risk management principles, practices and regulatory issues (Basel etc.)
Knowledge of Banking law, rules and regulations.
Hands on experience with collections and recoveries system

Skills

Ability to develop a good working relations with all team members for a smooth running of the business but at the same time must demonstrate the authority and courage to challenge the status quo when necessary

  • Regional Recoveries Officer at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African contextJob SummaryThe role of the...

  • Relationship Officer at Letshego Kenya Limited

    1 week ago

    Nairobi, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African context Job Summary Main Purpose...

  • Internal Audit Officer at Letshego Kenya Limited

    3 weeks ago

    Nairobi, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African context Job Summary Job Purpose:...

  • Head of Sales and Distribution at Letshego Kenya Limited

    3 weeks ago

    Nairobi, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African context Job Summary To drive the...

  • Relationship Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African contextJob SummaryMain Purpose (Why...

  • Internal Audit Officer at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African contextJob SummaryJob Purpose: The job...

  • Head of Sales and Distribution at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Letshego Kenya Limited Full time

    Letshego 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 way to implement microfinance in an African contextJob SummaryTo drive the...

  • Debt Recovery Officer

    2 weeks ago

    Nairobi, Kenya SunCulture Kenya Ltd Full time

    Since 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 the millions of farmers on the continent About the Role Reporting to the Debt...

  • Debt Recovery Officer

    2 weeks ago

    Nairobi, Nairobi Area, Kenya SunCulture Kenya Ltd Full time

    Since 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 the millions of farmers on the continentAbout the RoleReporting to the Debt...

  • Recovery Manager

    24 hours ago

    Nairobi, Kenya INKOMOKO Full time

    ABOUT THE COMPANYInkomoko supports entrepreneurs to grow their businesses in order to improve livelihoods, create jobs, and help communities thrive. Founded in 2012, Inkomoko has worked with more than 41,000 entrepreneurs across East Africa, including thousands of refugee entrepreneurs. Inkomoko provides a combination of training, consulting, access to...

  • Sacco Debt Recovery Officer at Co-operative Bank of Kenya

    2 weeks ago

    Nairobi, Kenya Co-operative Bank of Kenya Full time

    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 1965. DEBT RECOVERY OFFICER (REF: DRO/04/24) Job Purpose The Debt Recovery Officer will support...

  • Sacco Debt Recovery Officer at

    2 weeks ago

    Nairobi, Nairobi Area, Kenya Co-operative Bank of Kenya Full time

    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 1965.DEBT RECOVERY OFFICER (REF:DRO/04/24)Job PurposeThe Debt Recovery Officer will support the Sacco...

  • Sacco Loan Recoveries Officer at Co-operative Bank of Kenya

    7 days ago

    Nairobi, Kenya Co-operative Bank of Kenya Full time

    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 1965 LOAN RECOVERIES OFFICER (REF: LRO/03/24) Reporting To: Credit Manager Duties &...

  • Recovery Officers at

    4 weeks ago

    Nairobi, Nairobi Area, Kenya Mwananchi Credit Ltd Full time

    Mwananchi 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 its names to Mwananchi Credit Limited.Job SummaryWe are looking for committed...

  • Sacco Loan Recoveries Officer at

    7 days ago

    Nairobi, Nairobi Area, Kenya Co-operative Bank of Kenya Full time

    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 1965LOAN RECOVERIES OFFICER (REF:LRO/03/24)Reporting To: Credit ManagerDuties &...

  • Legal and Recovery Officer

    1 week ago

    Nairobi, Nairobi Area, Kenya Ramco Group of Companies Full time

    ABOUT THE COMPANYThe 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 SUMMARYThe overall purpose of this role is to ensure that legal documents are prepared and executed in a timely, orderly manner and bad debt recovery is...

  • Legal and Recovery Officer

    1 week ago

    Nairobi, Kenya Ramco Group of Companies Full time

    ABOUT THE COMPANYThe 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 SUMMARYThe overall purpose of this role is to ensure that legal documents are prepared and executed in a timely, orderly manner and bad debt recovery is...

  • ICT Intern at Kenya Wine Agencies Limited

    2 weeks ago

    Nairobi, Kenya Kenya Wine Agencies Limited (KWAL) Full time

    Kenya Wine Agencies Limited (KWAL) is the leading manufacturer and distributor of wines and spirits in Kenya , Eastern and Central Africa region. JOB PURPOSE Under the general guidance of the Assistant Systems Administrator, the intern will ensure proper administrative operation of the IT department and assist in managing the success of department tasks...

  • ICT Intern at Kenya Wine Agencies Limited

    1 week ago

    Nairobi, Kenya Kenya Wine Agencies Limited (KWAL) Full time

    Kenya Wine Agencies Limited (KWAL) is the leading manufacturer and distributor of wines and spirits in Kenya , Eastern and Central Africa region. JOB PURPOSE Under the general guidance of the Assistant Systems Administrator, the intern will ensure proper administrative operation of the IT department and assist in managing the success of department tasks...

  • Territory Manager at Watu Credit Limited

    6 days ago

    Nairobi, Kenya Watu Credit Limited Full time

    Watu 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 through technology in a fast, efficient and professional manner. What You Will...