KEY JOB RESPONSIBILITIES


Develop and implement tailored recovery strategies and action plans for non-performing debts to maximize recoveries and turnarounds.
Lead detailed negotiations with customers to secure commitment to strategies that address business and bank risk concerns.
Reduce non-performing debts through aggressive recovery efforts and viable restructuring options.
Ensure full compliance with credit policies and Central Bank of Kenya (CBK) prudential guidelines.
Minimize recovery costs by vetting invoices and negotiating upfront fees.
Coach, guide, and motivate staff to enhance efficiency, productivity, and professional development.
Recover written-off debts in alignment with prudential guidelines.
Proactively develop and manage relationships with key stakeholders, including regulators, and foster cooperative relationships across the client value chain.
Recommend new lending propositions and strategies, demonstrating sound judgment for deals within discretion and providing analysis for decisions beyond discretion.
Supervise and monitor direct reports to ensure effective execution of recovery plans and compliance with agreed settlement arrangements.
Review facilities through Credit Quest to determine optimal recovery options, including restructuring and asset classifications.
Engage in correspondence with internal and external customers to facilitate recovery processes.
Conduct meetings with debtors and service providers, including official visits to their operations.
Supervise and guide direct reports to ensure alignment with recovery objectives.
Monitor debtors’ compliance with agreed settlement arrangements to ensure timely execution.


MINIMUM POSITION QUALIFICATION REQUIREMENTS

Academic & Professional


Education     Bachelors Degree    Economic / Business related     RQ
Professional Qualifications    AKIB     AA
Masters Degree    Business Administration/ Economics     AA


Experience

Total Minimum No of Years’ Experience Required:


8 years


Detail     Minimum No of Years Need Type[2]


Management of distressed corporate assets     8 ES
Stakeholder management     6 ES
Customer relationship management     6 ES
Banking operations     5 ES
Regulatory & compliance reporting     5 DE
Financial analysis & reporting     5 ES
Credit management systems (Credit Quest, etc)     4 DE
Corporate Banking products development     2 DE