ANGALIA NAFASI MPYA YA KAZI KUTOKA KCB BANK

KCB BANK VACANCIES 

KCB is renowned for its diversity and growth in the Region is currently strengthening its support for group operations and business with the aim of maintaining Best Practice whilst also responding to the growing Business needs to support internal and external Customer Service delivery objectives and increase shareholder value. To this end the following challenging positions have arisen and candidates with the requisite competencies and qualifications described below are hereby encouraged to apply.



SENIOR RECOVERY MANAGER

SENIOR RECOVERY MANAGER

Reporting to the Head Credit Support Unit, this position will be responsible for reducing non performing retail loans and overdrafts through, direct recovery, restructuring and upgrades.
Key responsibilities
  • Formulate recovery strategies for non performing Retail, SME & Special Schemes (RSS) loans.
  • People Issues- [mentor, motivate and coach members of my team (direct reports)].
  • Exercise discretion relating to management of NPL RSS loans.
  • Drive the reduction of non-performing Retail loans through recovery, upgrade or restructures.
  • Liaising with and tracking performance of Service providers [lawyers, auctioneers, valuers, investigators].
  • Cost Management through vetting service provider fees, as well as optimal utilization of resources under their control.
  • Manage provisions within the unit’s budget.
  • Supporting branches in minimizing incidences of default.
  • Demand and follow up of Non Performing Debts through review of files and discussions with debtors regarding their repayment proposals.
  • Correspondence with branches, debtors and service providers.
  • Report compilation (tracking repayments under the Transformation Initiative).
  • Decisions on various loans, as presented on Credit Quest System.
The person
  • University degree preferably in business related field. Professional qualification i.e. CPA, ACCA, ACIB will be an added advantage.
  • At least 5 years’ experience in Commercial Banking/Financial Services out of which 3 must be in Debt Recovery
  • Knowledge of credit and none performing debts policies and other regulatory requirements eg CBK prudential guidelines among others.
  • Knowledge of basic law relating to debt recovery.
  •  Must have attended advanced credit course.
  • Possess good knowledge of securities and legal issues relating to lending.
  • Ability to communicate clearly and concisely both orally and in writing
  • Strong organization and Leadership skills
  • Strong problem solving and decision making skills
  • Strong analytical skills
The above position is demanding for which the bank will provide a competitive package for the successful candidates.  If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.
To be considered your application must be received by April 2, 2014.
Only short listed candidates will be contacted.

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