Loan Collection Supervisor

Required Qualifications & Skills

• Bachelor’s degree in business administration, Law, Finance, Economics or related fields.

• A Minimum of 3 years’ experience as a Supervisor in Credit/debt collection.

• To review the delinquent portfolio thoroughly to ascertain the causes of the default and recommend remedial action

• Classify the existing and future delinquent accounts into Watch, substandard, loss and written off as a way of providing suitable remedial action for each category

• Identify, review and assign loan accounts to external debt collectors upon approval and monitor the closure of such accounts by the court bailiffs

• Manage the portfolio at risk (PAR) of top big loans in your division and ensure it is managed within the institutional acceptable levels.

• Provide proactive initiatives intended to minimize the number of loans being classified under loss category which affects NBV.

• Plan, coordinate with branch management and implement recovery of written off and non-performing loans in line with bank’s policy and procedure guidelines.

• Prepare and submit timely reports with clear recommendations on all cases directly under your supervision to Manager Loan Collection or the Regional Manager.

• Negotiate with Debtors and ensure that the Debtors repay the bad debts at a lowest cost of the bank.