Job Description
We seek to hire individual to fill the position of Recoveries Officer at our Head Office in Harare. The incumbent will be reporting to the Credit and Risk Manager.
Duties and Responsibilities
Job Description
Probfix Financial Services Company seeks to recruit a dynamic and results oriented Recoveries Officer. To ensure the effective coordination of all Recoveries activities within Probfix, including effective arrears management.
Duties and Responsibilities
Locate and notify delinquent borrowers and guarantors by personal visits, telephone, or mail in order to solicit payment or seize loans collaterals independently.
Tracking arrears reports and client commitments daily
Training, developing and motivating the BDO’s on effective recoveries strategies to ensure that the team achieves optimum level of collection and recovery.
Co-ordinating with external debt collection agencies and legal department and get periodic reports from them on cases assigned to them.
Develop, implement, and manage effective recovery strategies for delinquent loans, ensuring timely follow-up and resolution.
Prepare regular reports on the status of overdue accounts, recovery progress, and any challenges faced to management.
Keeps abreast of industry regulations and best practice related to debt recovery
Any other responsibilities that may be assigned.
Qualifications and Experience
Qualifications and Experience
Bachelor’s degree in risk management or any business -related degree At least 2 years' experience in a field-based collections and recovery role in Microfinance/ SME lending.
Knowledge of Microfinance, and Reserve Bank regulations governing micro-finance institutions.
Capacity to work under time pressure.
Excellent Debt Recovery skills.
Ability to operate sensitively in multicultural environment and develop effective working relations with colleagues and clients.
Knowledge of Litigation processes
Good Computer skills and report writing
A clean class 4 driver's licence.
How to Apply
How to Apply
Interested candidates, please send application letters together with detailed CV's, clearly stating position applied for in the subject field not later than 4 April 2025 to hr@probfix.co.zw
