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Remedial Officer (Mombasa, Sacco HQ) At Ports Sacco – APPLY NOW

  • Job TypeContract
  • QualificationBA/BSc/HND
  • Experience2 years
  • LocationMombasa
  • Job FieldFinance / Accounting / Audit 

Role Purpose

Reporting to the Credit Control Officer, the individual will be responsible for inhouse debt recovery to ensure the society maintains acceptable credit risk level.

Key Responsibilities

  • Systematic monitoring and collection of all delinquent cases for sub-standard, doubtful loss and other category collectable in-house.
  • Recovery management and maintaining default rate at stipulated levels.
  • Circulation of reminders to loan defaulters.
  • Debt collection to ensure members repay their loans.
  • Attending to members inquiries/concerns on matters relating to their defaulted accounts.
  • Drawing payment plans with debtors and keeping their records for audit purposes.
  • Ensuring payment plans are honored by debtors as per the agreement and keeping track of account movement.
  • Preparing accurate account level collection report on monthly basis and presenting to your supervisor for review.
  • Devise means and/or advice on any best way to manage risk exposures in the Sacco.
  • Enhance Customer relations.

Essential Skills and Key Attributes

  • Proficiency in computer applications.
  • Knowledge of SACCO products, services, and policies.
  • Good planning, analytical and monitoring skills.
  • Detailed knowledge of relevant Sacco policies, e.g., Credit, KYC, AML.
  • A good understanding of the target market and growth opportunities.
  • In-depth knowledge of modern Credit Management Systems & Processes.
  • Excellent numerical analytical and problem-solving skills.

Qualifications and Experience

  • Bachelor’s degree in business related field or equivalent from a recognized learning institution.
  • Minimum section II of professional qualifications in CCP (K) / CPA (K) / ACCA.
  • Membership of a professional body, ICM or ICPAK, is an added advantage.
  • A minimum of two (2) years progressive working experience in a Sacco set up or equivalent.
  • Minimum KCSE Grade C (plain).

Method of Application

Interested and qualified? Go to Ports Sacco on recruitment.portsacco.co.ke to apply.

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