Senior Loan Recovery/Officer CITY Microfinance Institution PLC
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Overall, in charge of collection and management of all problem loans of all levels for seniors
Collate and prepare information on problem loans and plan executing to reduce these loans in a time frame.
Develop a system to prevent loans from going problematic and enforcing it to all Credit level.
Develop Polices and SOP to ensure all problematic loans are captured and documented and analyse with objective to lower the level to an acceptable one based on plan.
Plan and collate information in easily understandable forms to present true view of the problematic loans
Analyse and identify factors to prevent loans going problematic
Adapt loan recovery policy and procedure to reflect the real situation.
Develop legal aspects of late payment resolution with local authorities and in court to ensure satisfactory results
Organise and train loan recovery officers
Develop and update bad loan recovery policy and procedures
Develop loans loss reports to provide transparency and accuracies to management and have pals to resolve the loss issue.
Analyse the monthly loan loss reports of all branches and provide primary recommendations.
Analyse the monthly debt collection reports produced by bad loan recovery officers and provide primary recommendations to Head of Credit Risk Department to ensure the effectiveness and efficiency of debt recovery.