Recovery officers - Eastern Region
Watu Credit Uganda Ltd
Accounting, Auditing & Finance
Job Summary
The RO also advises clients/ debtors on payment arrangements, handles inquiries, and provides administrative assistance (reports) to the team after the there-possession/ recovery of an asset (bike) has been done.
- Minimum Qualification:Bachelor
- Experience Level:Entry level
- Experience Length:2 years
Job Description/Requirements
Recovery Officer
Job Purpose.
The role of a Recovery Officer (RO) is constantly follow-up clients/ debtors to make payments prior to re-possession proceedings commencing.
The RO also advises clients/ debtors on payment arrangements, handles inquiries, and provides administrative assistance (reports) to the team after the re-possession/ recovery of an asset (bike) has been done.
Key Specific Duties include:
- Monitoring and controlling of assigned Asset Finance Portfolio using company software.
- In cooperation with other members of Asset Finance Recovery, identifying overdue clients who have failed to comply with the contractual payment schedule, and where the telephone follow-up is deemed not effective.
- In cooperation with other members of Asset Finance Recovery, prioritizing the collection assignment in accordance with Watu Credit collection policy.
- Proposing the best client handling and debt collection strategy to the Recovery Team and the Head Of Asset Finance Recovery.
- Using GPS tracking technology, identifying the location of the collateral and approaching the client at the field.
- While in the field, Identifying and applying the most effective communication tactics persuading the client to close his overdue and return to payment compliance.
- Repossessing collateral once all previous communicational attempts have failed.
- Maintaining records and providing daily feedback on the outcome of assignments and number of collections to the Head of Asset Recovery.
- Providing training and sharing knowledge with new employees/ interns/Trainees employed by the company.
- Any other duty may be assigned by the management.
How to apply.
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