Recovery Officer at FINCA

An opportunity has arisen for FINCA Limited (Malawi) dynamic, professional, and qualified person to fill the below vacancy tenable at one of its offices:

Reporting to the Recovery and Monitoring Manager, the job holder will:

• Draw Recovery Plans every fortnight in coordination with the Recovery and Monitoring Manager.
• Collect all information concerning collateral and security realization from each cluster/branch.
• Highlight and escalate any credit failures to identify ways of improving the loan approval process.
• Follow up with loan recovery deposits with the Branches.
• Manage Branch Recoveries in co-ordination with the Branch Recovery Team from the office.
• Manage Branch Recoveries with the Branch Recovery Team in the fields.
• Ensuring that all collateral is attached and sold in accordance with established policies and procedures and proceeds from the sales are remitted to FINCA on time.
• Prepare recovery status reports monthly and when requested to do so by Management.
• Review justifications for write-offs submitted by staff against real information from the field (clients).
• Perform administrative work or other job functions related to collections and recoveries.

Job Requirements

Qualification

• Diploma in any finance/business-oriented field.

Experience

• 1-year relevant job experience.

Functional skills:

• Ability to effectively sell and represent FINCA.
• Basic computer skills: mainly excel and windows.
• Business management skills
• Basic credit analysis skills
• Observation skills
• Analytical skills and logical reasoning
• A good feeling for numbers
• Excellent public relations skills
• Willingness to work in the field, sometimes for long hours.

Managerial/professional skills:

• Planning and organizing skills.
• Excellent communication and interpersonal skills.
• A team player who is also able to work independently.
• Good problem-solving skills.
• Good negotiation skills.
• Customer-oriented.
• Social consciousness.
• Integrity and professional ethics.
• Goal and target oriented.

Method of Application

Reply by email sending your cover letters with resumes to: [email protected]