- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience1 year
- LocationNairobi
- Job FieldBanking
Job Summary:
The incumbent will be responsible for providing administrative support to Workplace Banking Schemes through invoicing, reconciliations, portfolio management and early debt collection management.
Key responsibilities:
The Incumbent will report to the Workplace Banking Lead and will be responsible for:
- Timely and accurate preparation of schedules for invoicing and submitting the same to scheme companies.
- Following up on the invoices to employers to ensure 100% adoption.
- Thorough real time reconciliation of schedules to determine dropped/under-booked loans and engaging with employers on cause or reinstatement.
- Timely preparation of reports of dropped loans and determining the route cause for dropped loans with a view of taking corrective measures.
- Monitoring and following up of payments due from schemes, facilitating application of the funds and subsequent reconciliation.
- Maintaining a monthly tracker of loan repayment funds receipt and application.
- Preparing a monthly report on invoice adoption.
- Executing rollovers or restructures for qualifying Check off loans to stop further regression.
- Facilitation of refunds/misrouted funds to the employer and other payments to ensure a nil balance GL suspense.
- Reconciling schedules for salary processing for Government of Kenya.
- Responsible for stop orders issuance for schemes as a risk control officer.
- Following up on payments of existing customers who migrate to employers with no existing Memorandum of Understanding with the bank for continued remittance.
- Ownership and follow through for resolution of customers who have disputed deductions.
- Maintaining excellent Relationships to with all the scheme companies.
- In liaison with WPB RM, ensure good performance of allocated portfolio in terms on Portfolio at Risk and Non-Performing Loans.
- Monitoring of allocated portfolio to curb and cure any arrears and early vintages in good time.
- Identify and document any risk associated with allocated portfolio and raise concerns with the team leader with a view of mitigating the risk.
- Responsible for reporting potential and actual Money Laundering Risk, including suspicious transactions in accordance with the laid down AML policies & procedures.
- Takes primary responsibility for managing and minimizing the inherent and potential Risks
- Embracing a culture of Pamoja, support for each other and commitment to the branch and the Bank goals and aspirations
Qualifications and Competencies
- Bachelor’s degree from a recognized institution
- Minimum of 1 years working experience in the Banking Industry; with relevant experience in portfolio management, scheme loan administration duties and risk management.
- Sound knowledge of the Banking Act and the regulatory framework in the Financial Services Industry
- Able to apply financial knowledge and skills to achieve business goals.
- Able to identify and minimize potential and inherent risks.
- Proficient in the use of Banking and office management systems, Advanced excel knowledge a must with demonstrated experience in dealing with large data.
- Focused and able to spot business opportunities
- Building networks and maintaining strong relationships
- Has passion and drive to achieve results under difficult circumstances.
- Strong interpersonal skills to manage stakeholders at all levels
- Good problem-solving skills.
- Analytical skills and attention to detail
- Strong oral and written communication skills
Method of Application
Interested and qualified? Go to I&M Bank on imbank.bamboohr.com to apply.