Debt Collection Officer at ACCION Microfinance Bank

Job Responsibilities

• Visitation of delinquent clients and Guarantors (shop and home)
• Issuance of Demand notice to delinquent clients and guarantors
• Ensure collections of due payments from delinquent clients
• Negotiation of repayment with delinquent clients and guarantors with approval
• Follow up on delinquent clients and guarantors to fulfil obligations.
• Seizure of assets of delinquent clients and guarantors.
• Payment of post-dated cheques for delinquent clients.
• Forwarding of monthly report of collections/seizure on delinquent clients and guarantors to Recovery manager.
• Reporting of exceptions if noticed.
• Ensure that debt recovery strategy and procedures are adhered to.
• Managing of PAR

Qualification & Experiences

• B.Sc / BA / HND in Social Sciences, Business, Banking, Finance, Marketing or any other numeric course.
• Minimum of 2 years experience in debt recovery

Key Performance:

• Team working.
• Organizational skills.
• Numerical and well organized

Required Knowledge:

• Good Knowledge of debt and recovery management
• Good knowledge of Credit administration
• Interpersonal Skills
• Good Understanding of banks business operations.
• Detailed knowledge of required documentation and a thorough knowledge of Lien Laws that govern the transactional relationship between the Customer and the Company.