Senior Recovery Manager Job KCB Bank

Banking Jobs, KCB Bank Jobs.

Responsibilities

• Develop and implement tailored recovery strategies and action plans for non-performing debts to maximize recoveries and turnarounds.
• Lead detailed negotiations with customers to secure commitment to strategies that address business and bank risk concerns.
• Reduce non-performing debts through aggressive recovery efforts and viable restructuring options.
• Ensure full compliance with credit policies and Central Bank of Kenya (CBK) prudential guidelines.
• Minimize recovery costs by vetting invoices and negotiating upfront fees.
• Coach, guide, and motivate staff to enhance efficiency, productivity, and professional development.
• Recover written-off debts in alignment with prudential guidelines.
• Proactively develop and manage relationships with key stakeholders, including regulators, and foster cooperative relationships across the client value chain.
• Recommend new lending propositions and strategies, demonstrating sound judgment for deals within discretion and providing analysis for decisions beyond discretion.
• Supervise and monitor direct reports to ensure effective execution of recovery plans and compliance with agreed settlement arrangements.
• Review facilities through Credit Quest to determine optimal recovery options, including restructuring and asset classifications.
• Engage in correspondence with internal and external customers to facilitate recovery processes.
• Conduct meetings with debtors and service providers, including official visits to their operations.
• Supervise and guide direct reports to ensure alignment with recovery objectives.
• Monitor debtors’ compliance with agreed settlement arrangements to ensure timely execution.

Minimum Position Qualification Requirements

Academic & Professional

• Bachelor’s Degree in Economics / Business-related            
• Professional Qualifications :AKIB
• Master’s Degree in Business Administration/ Economics

How to Apply

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