KEY JOB RESPONSIBILITIES

• Develop and implement tailored recovery strategies and action plans for non-performing debts to maximize recoveries and turnarounds.
• Lead detailed negotiations with customers to secure commitment to strategies that address business and bank risk concerns.
• Reduce non-performing debts through aggressive recovery efforts and viable restructuring options.
• Ensure full compliance with credit policies and Central Bank of Kenya CBK prudential guidelines.
• Minimize recovery costs by vetting invoices and negotiating upfront fees.
• Coach, guide, and motivate staff to enhance efficiency, productivity, and professional development.
• Recover written-off debts in alignment with prudential guidelines.
• Proactively develop and manage relationships with key stakeholders, including regulators, and foster cooperative relationships across the client value chain.
• Recommend new lending propositions and strategies, demonstrating sound judgment for deals within discretion and providing analysis for decisions beyond discretion.
• Supervise and monitor direct reports to ensure effective execution of recovery plans and compliance with agreed settlement arrangements.
• Review facilities through Credit Quest to determine optimal recovery options, including restructuring and asset classifications.
• Engage in correspondence with internal and external customers to facilitate recovery processes.
• Conduct meetings with debtors and service providers, including official visits to their operations.
• Supervise and guide direct reports to ensure alignment with recovery objectives.
• Monitor debtors’ compliance with agreed settlement arrangements to ensure timely execution.

MINIMUM POSITION QUALIFICATION REQUIREMENTS

Academic & Professional

• Education     Bachelors Degree    Economic / Business related     RQ
• Professional Qualifications    AKIB     AA
• Masters Degree    Business Administration/ Economics     AA

Experience

Total Minimum No of Years’ Experience Required:

• 8 years

Detail     Minimum No of Years Need Type[2]

• Management of distressed corporate assets     8 ES
• Stakeholder management     6 ES
• Customer relationship management     6 ES
• Banking operations     5 ES
• Regulatory & compliance reporting     5 DE
• Financial analysis & reporting     5 ES
• Credit management systems Credit Quest, etc     4 DE
• Corporate Banking products development     2 DE