Assistant Credit Control Officer at Imarika DT Sacco

Operational Responsibilities / Tasks (Job Description)

• Handle the loan portfolio and ensure all loans are properly paid.
• Communicate with employers to recover loans for staff who are members of the Sacco.
• Ensure all check-off loans are captured on payrolls for members.
• Reconciliation of member accounts.
• Monitoring defaulted loan status.
• Write timely guarantor notification letters and effect recoveries.
• Follow-up with defaulters and guarantors for recovery.
• Carry out debt collection activities.
• Managing recovery activities as per Sacco recovery policies and procedures
• Submit timely reports to the supervisor.
• Asses the creditworthiness of new and existing members.
• Maintaining accurate records of members payments history and debt recovery efforts.
• Building and maintaining solid relationship with debtors while enforcing collection obligations.
• Loan recovery through collateral, attachments to guarantors disposal of assets through auctioneers.

Job Competencies (Academic, professional and Experience).

• Academic qualifications
• Bachelor's degree in cooperative management/banking /business administration or its equivalent.