Job Description
I&M Bank is a wholly owned subsidiary of I&M Holdings Limited, a publicly quoted company at the Nairobi Securities Exchange (NSE). The bank possesses a rich heritage in banking.
Manager, Debt Recovery Unit
Key Duties / Functions
Remedial & Recoveries
Assessing the level of provisions requirement for all NPA accounts and write offs managed in line with the firm’s policies and procedures including approval.Liaise directly with clients, third parties and colleagues in other departments to maximize collections performance whilst also ensuring good client outcomesDeal with processing loan workouts, rescheduling and rehabilitation, acceleration of repayments, enforcement and foreclosures, liquidation and administration of assets and collateral and implementation of various forms recovery strategies.Submission of the required reports to the BCC, NPA & CRMC Com...