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Middle East Bank Kenya Ltd (MEB) was incorporated in Kenya in October 1980 and established business in August 1981 with branches in Nairobi and Mombasa. It was established in Kenya as part of the Al-Futtaim Group, a leading conglomerate from the United Arab Emirates owned by Middle East Bank Group, UAE. In 1991, Al-Futtaim sold its shareholding in MEB and...
JOB PURPOSE STATEMENT / POSITION OBJECTIVE
The Debt Recovery Officer is responsible for managing a designated portfolio of delinquent credit facilities (post-90 days past due). The objective is to develop and implement effective strategies, within the bank's policy guidelines and regulatory framework, to minimize credit losses and ensure the profitability of the asset portfolio in alignment with the bank's business goals.
KEY RESPONSIBILITIES
Analyzing Facilities' Performance:
Vendor Management:
Customer Negotiations:
Third-Party Follow-Up:
NPL Ratio Management:
Portfolio Monitoring:
Collections Follow-Up:
Escalation of Collections Exceptions:
Liaison with Business Units:
Diary Management:
Customer Service:
Reporting and Documentation:
Compliance and Regulation:
Additional Duties:
KEY PERFORMANCE METRICS
CANDIDATE SPECIFICATIONS EXPERIENCE
COMPETENCIES AND ATTRIBUTES
Qualified candidates are encouraged to apply by submitting their CV and cover letter to hr@mebkenya.com no later than July 19th, 2024.
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