Summary
Date Posted: Friday, February 10, 2023 , Base Salary: Not Disclosed

JOB DETAILS:
Key Responsibilities:
• Collect DDAC mandate forms sent by branches for new loans for onward submission to collecting banks.
• Make monthly scheduled DDAC requests on off taker confirmation regarding respective payroll processing dates.
• Compilation of all receipts as confirmations from collecting banks.
• Diligent reconciliation of outstanding receipt items.
• Suggest whether the loan should be rescheduled or restructured following loan restructure and reschedule policy.
• Identify root causes of defaults and make recommendations for process improvement as and when appropriate.
• Maintain excellent records of contacts, transactions, efforts and progress made on the recovery

Academic & Professional Qualifications:
• Grade 12 School Certificate
• Minimum Diploma in Banking and Finance or relevant field of study.
• Minimum 1 year work experience in the microlending sector in a similar position will be an added advantage

Specialist knowledge and skills:
• Understanding of the relevant technology, procedures, practices, acts and regulations.
• Ability to manage time, set priorities and plan workload to meet objectives.
• Ability to handle sensitive information professionally and with confidentiality.
• Commercial acumen
• Accurate and responsible
• Excellent communication skills
• Good computer skills

Work Hours: 8

Experience in Months: 12

Level of Education: Postgraduate Degree

Job application procedure
To apply, only applicants who meet the above requirements or better should submit a cover letter and CV with three traceable references with full addresses and contact information by following this link  for the Collections Officer role before 13th February 2023.