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Loan Recoveries Officers – VisionFund Malawi

Loan Recoveries Officers – VisionFund Malawi
 
Minimum of 5 yrs work experience in loan recoveries, Good acumen and finance and accounting as well as working knowledge in a Microfinance or banking operations would be an added advantage, Excellent communication good analytical skills and computing skills, must be a committed Christian, Proficiency in MS Office, minimum qualification of Diploma in Accounting
 
Reporting to the Branch Manager
 
Work in close cooperation with Branch angers, Loan Supervisors, to prepare the bad loan recovery plan, and strategy, Work closely with Loan Officers and Loan Supervisors n implementing the recovery plan and strategy including performing regular follow up and collect the default loan  and written-off loans, Assess the loan arrears problems and classify the areas clients on their willingness and paucity to repay and prepare/suggest appropriate solutions, Maintain in professionally and ethically as to comply with appropriate collection practices  in following up and collecting the bad debt loans, Make possible agreement with default/written off loan clients to get clients commitment on date and amount to be repaid and take wise action in professional and ethical manner to collect the bad loans, Work closely with the supervisor BMS, Risk & Compliance team to identify root cause of loan delinquency operational lapses and pitfalls practiced by branch and recommend for improvement of loan quality, Perform other tasks as requested/assigned by supervisor
 
Interested candidate should send their applications together with their detailed CV, 3 traceable refs and copy of certificates to The Human Resource and Administration Manager, VisionFund Malawi, Private Bag A22, Lilongwe, Closing date for receiving application is 5th November

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