Recoveries Officer

Full Time 3 weeks ago

Employment Information

Job Description

JOB VACANCY: RECOVERIES OFFICER

Location: Harare

Industry: Microfinance

Employment Type: Full-Time

Duties and Responsibilities

Key Responsibilities

* Manage and monitor an assigned loan portfolio and arrears.

* Conduct follow-ups, field visits and other lawful debt-recovery activities.

* Trace defaulting borrowers and guarantors and negotiate repayment arrangements.

* Develop and implement recovery strategies for delinquent and non-performing loans.

* Monitor and facilitate recovery of pledged/secured assets where applicable.

* Maintain accurate loan and recovery records.

* Prepare regular recovery and portfolio performance reports.

* Meet and exceed monthly recovery targets.

* Escalate appropriate matters for legal recovery and enforcement.

Qualifications and Experience

Requirements

* Proven experience in loan recoveries, debt collections or microfinance.

* Demonstrable and verifiable track record of successful debt recovery.

* Experience managing a loan book and reducing arrears/NPLs.

* Strong negotiation, communication and fieldwork skills.

* Knowledge of lending and debt-recovery procedures.

* Ability to work independently and under recovery targets.

* Knowledge of legal debt-recovery processes is an added advantage.
* Clean class 4 drivers license

How to Apply

How to Apply

Send your CV to recoveries333@gmail.com 

NB: Applicants must clearly demonstrate their previous recovery experience and performance in their CVs.

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