Debt Recovery Officers at Kimisitu Sacco Ltd

Job Title: Debt Recovery Officer at Kimisitu Sacco Ltd

Job Overview

Are you a skilled Debt Recovery Officer with a passion for financial services? Kimisitu Sacco Ltd, a leading National Tier-1 Deposit Taking SACCO, is on the lookout for a talented individual like you to join our team. We’re committed to empowering our members economically through top-notch financial services and outstanding customer care. If you’re a dynamic, self-driven professional with debt recovery experience, we invite you to apply for this exciting opportunity.

Position Summary

As a Debt Recovery Officer, your primary responsibility will be to manage and recover loans in arrears. You’ll work closely with members to facilitate repayment, offering guidance and support. If you’re ready to make a positive impact in the world of finance, this role is for you.

Key Responsibilities

• Analyze Arrears: Regularly assess members in arrears, identifying missed instalments.
• Communication: Notify members of outstanding amounts and engage via phone calls and SMS.
• Payment Plans: Collaborate with members to establish and monitor repayment plans.
• Queries and Advice: Address member queries and provide sound financial advice.
• Restructuring: Refer cases for loan restructuring to the Credit Officer.
• Reporting: Prepare monthly reports detailing collections, follow-ups, and agreed commitment dates.

Qualifications & Experience

• Diploma: Diploma in Co-operative Management, Business Administration, or equivalent.
• Advantage: A bachelor’s degree in Cooperative Management or equivalent is a plus.
• Experience: Minimum of two (2) years’ experience in a similar role within a financial institution.
• Tech Skills: Proficiency in computer skills and computerized accounting systems.

Personal Attributes

• Analytical Skills: Strong debt recovery analysis abilities.
• Communication: Effective communication and negotiation skills.
• Integrity: Uphold a high level of integrity.
• Teamwork: Be a collaborative team player.

Key Relationships

• Direct Reports: None
• Internal Contacts: Interaction with all departments.
• External Contacts: Engage with members and service providers, including auctioneers.

How to Apply

If you meet the qualifications and are excited about this opportunity, follow these steps:

1. Fill out the data form at Application Form.
2. After completing the data form, send your application letter and a detailed CV to jobs@kimisitusacco.or.ke.
3. Ensure you submit a fully completed data form.

Application Deadline: Submit your application by close of business on Wednesday, 11th October 2023. Please use “Debt Recovery Officer Application – [Your Name]” as the email subject. Only shortlisted candidates will be contacted.

Kimisitu SACCO Note: We never request fees for recruitment processes. If you encounter such requests, please report them to Kimisitu SACCO at 0709 136000 or jobs@kimisitusacco.or.ke.

Kimisitu Sacco is an equal opportunity employer. We are ISO 9001:2015 certified.

Expert Tips To Be A Successful Applicant

1. Tailor Your Application: Customize your CV and cover letter to highlight relevant experience and skills, showcasing your suitability for this role.
2. Showcase Tech Proficiency: Emphasize your computer skills and any experience with accounting systems, demonstrating your readiness to excel in a digitalized environment.
3. Highlight Communication: In your application, stress your effective communication and negotiation skills. Provide examples of how these skills have positively impacted your previous roles.
4. Integrity Matters: Mention instances where you’ve demonstrated high ethical standards and integrity in your professional journey.
5. Team Player: Share examples of your teamwork and collaboration skills, as this is crucial in our work environment.

By following these expert tips, you’ll enhance your chances of standing out as an ideal candidate for the Debt Recovery Officer position at Kimisitu Sacco Ltd.