National Bank Senior Recoveries Manager Job in Kenya

Exciting opportunities in banking with a dynamic team
 

National Bank, one of the leading banks with a vision to becoming the Bank of choice in the provision of financial services within the region has exciting opportunities for a dynamic, experienced, self driven, results oriented professionals to fill the following positions:

Senior Recoveries Manager

1 Position

Reporting to: Head, Credit Administration and Operations
 

Role: The successful candidate will be responsible for reducing non performing loans and overdrafts through direct recovery, restructuring and upgrades.
 

Key Responsibilities:

• Formulate recovery strategies for non performing loans
• Drive the reduction of non-performing retail loans through recovery, upgrade or restructures
• Demand and follow up of Non Performing Debts through review of files and discussions with debtors regarding their repayment proposals
• Support branches in minimizing incidences of default
• Correspond with branches, debtors and service providers
• Manage provisions within the unit’s budget
• Exercise delegated discretion relating to management of NPL loans
• Liaise with and track performance of service providers such as lawyers, auctioneers, valuers, investigators
• Manage cost through vetting service provider fees, as well as optimal utilization of resources under their control
• Report compilation tracking repayments under the Transformation Initiative.
• Mentor, motivate and coach direct reports.

Position requirements:

• 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 non performing debts policies and other regulatory requirements e.g. CBK prudential guidelines among others Knowledge of basic law relating to debt recovery
• Possess good analytical skills
• 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.

These positions attracts competitive compensation including staff benefits.

Interested and suitably qualified individuals should forward their applications showing how they meet the requirements and enclosing detailed CV, copies of their academic and professional certificates, day time telephone contacts and addresses of three professionally relevant referees to reach the  undersigned by Friday, 9th May, 2014.

The Director Human Resources
National Bank
P.O Box 72866 - 00100
Nairobi.
 

To find more about National Bank, visit our website at www.nationalbank.co.ke