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Loan Recovery Assistant at Mhasibu Savings and Credit Cooperative Society Limited

JobSearch
Nairobi 🇰🇪 Kenya
Live
Full Time
Entry Level
Finance
Posted about 3 hours ago (11 Oct 2026) Updated about 3 hours ago

Job Description

The Loan Recovery Assistant will manage the collection process to ensure timely repayment of loans, applying fair and effective recovery techniques while keeping the portfolio at risk below target levels. The role involves contacting borrowers, negotiating repayment plans and reporting on collection performance. A detail‑oriented candidate with good communication skills is essential.

Qualifications & Requirements

  • • Diploma in Finance, Business Administration or related field.
  • • Experience in loan collections or credit control preferred.
  • • Strong negotiation and interpersonal skills.
  • • Ability to work with numbers and maintain accurate records.

Required Skills

Responsibilities

  • • Contact borrowers to remind and negotiate repayment of outstanding loans.
  • • Implement debt recovery procedures in line with company policies.
  • • Monitor portfolio at risk and aim to keep it below 5%.
  • • Prepare regular reports on collection activities and delinquency trends.
  • • Collaborate with credit officers to resolve disputes and minimize losses.