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Collection & Recovery Officer at KCB Group

Kampala, Kampala, Uganda -

Full Time

Start Date

Immediate

Expiry Date

20 Sep, 26

Salary

0.0

Posted On

22 Jun, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Debt Recovery, NPL Management, Portfolio Allocation, Stakeholder Management, Regulatory Compliance, Legal Action Implementation, Budget Control, Team Leadership, Collateral Realization, Risk Management

Industry

Banking

Description

KEY RESPONSIBILITIES: * Formulate and implement the Collections function strategy in achieving the required NPL percentage. * To monitor, manage and control within budget or alternatively agreed guidelines: -Provision adequacy, Collections, Bad debt recoveries, Outsourcing; and Operational expenditures. * Lead the Corporate & business collections section with a view of establishing and maintaining a high performing and motivated team. * Develop and maintain relationships with the other functions within the bank as well as other stakeholders like finance Department, Retail Department, Corporate Department, external debt collectors, Auctioneers, Court Bailiffs, and the Lawyers. * Ensure compliance with regulatory guidelines and KCB Uganda policies on recovery process. * Monitor Collection agency’s productivity through regular reviewing of performance. * Allocate portfolios to various collections staff and collections agencies. * Action all loss and written off accounts with a view to bringing them back to a situation reflecting NIL arrears or realising collateral in a timely manner *

Responsibilities

The officer is responsible for formulating and implementing collection strategies to reduce Non-Performing Loans (NPL) and recover bad debts. This includes managing external debt collectors, legal processes, and coordinating with internal bank departments to rehabilitate client accounts.