New Jobs at Exim Bank

Collections Officer at Exim Bank

Job Description

Monitoring, buckets movement and collections of unclassified and classified loan accounts under retail loan books. 

Roles & Responsibilities

• Management of delinquent portfolio in the Bank’s Lending Book, comprising mainly of Personal loans and Insurance Premium Financing (IPF), SME Loan, and any other product.
• Undertaking collection processes, including debt repayment arrangement negotiations or the use of alternative collection techniques namely, demand letters, skip tracing and visits.
• Formulation of strategies for successful collection and reduction in non-performing loans. This will be achieved through setting monthly targets and measuring performance vis-vis targets at the end of each month.
• Preparation of monthly collection and/or recovery reports.
• Liaising with external parties such as executives or representatives of defaulting borrowers, legal firms, court brokers, debt collections bureau/agents, firms specializing in search and identification of clients’ addresses, properties and the courts, in the process of recovery of non-performing loans

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