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Recovery Officer at FINCA

  • Full Time
  • Kasungu
  • Salary: 00

FINCA

About the Role

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]

To apply for this job email your details to vacancy@fincamalawi.org