Recovery Team Leader at Vision Fund Rwanda: (Deadline 15 August 2024)
1st August 2024
Job Opportunity
Recovery Team Leader
‘’Make a difference to thousands in the land of a thousand hills’’
VisionFund Rwanda (VFR), is Rwanda’s largest microfinance Institution. VFR is committed to the development of Rwanda through providing affordable financial services (savings and loans) to the less privileged throughout its 4 zones in Rwanda.
VFR is the institution where you can develop your expertise working with the best people worldwide in a dynamic, team focused high performance environment. If you are looking for interesting but challenging work where you can make a difference in the world, then VFR has the will to make it so.
VisionFund Rwanda (VFR) has zero tolerance to abuse and sexual exploitation of children and adults beneficiaries. We expect all our employees/affiliates to commit to protecting children and adult beneficiaries from harm and abide by our safeguarding policy.
Recovery Team Leader
Directly reporting to: Head of Operations.
Major Responsibilities:
- To ensure proper supervision and management of the institution’s loan recovery activities in such a way that loss is minimized, controlled or avoided and thus enhancing sustainability and growth of the company.
- Ensure that loan loss provision is kept under control for all branches
- Coordinate and Monitor activities of external debt collectors in liaison with branch Leaders
- Coordinate and supervise the activities of the debt collector-logistics Recovery officers.
- Advise the Head of Operations on suitable strategies of bad debt collection
- Prepare confidential reports on identified irregularities discovered leading to bad debts.
- Coordinate and supervise loan legal activities for all Branches in liaison with company’s lawyer, and Bailiffs.
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Key responsibilities and weighting (adds to 100%) |
Key tasks & outputs |
Indicators |
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1. |
(50%) Systems reviews, analysis and actions taken on bad debts. |
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2. |
(20%) Monitoring and supervising activities of recovery officers |
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3 |
(15%) Adherence to policies and procedure |
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4 |
(10%)Maintain a good rapport between Debt collectors and delinquent customers |
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5 |
(5%)Training and Capacity building of staff |
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Qualification and Experience
- Bachelor’s degree in economics, accounting, Finance, business administration or other related field/ professional banking/accounting certificate is a plus,
- Proven experience in recovery or similar role for 3 years or more.
Knowledge and skills required
- Financial analysis skills.
- Understanding of litigation procedures.
- Portfolio management skills.
- Excellent analytical and problem solving skills.
Personal Attributes/Behavioral Competencies
- Ability to work under pressure.
- Good communication and interpersonal skills
- Team work oriented and willingness to guide and train others
- Strong emotional intelligence
- Demonstrated a high level of integrity
- Customer oriented
- Ability to transfer knowledge and provide guidance to others.
- Ability to work long hours without supervision.
How to apply
Should you wish to apply for this position, please go to the following link Careers (myworkdayjobs.com)
If the aforementioned position speaks to you, send your updated application via the above mentioned Link by or before 15th August 2024.
In case you face any challenges in applying, please let us know on: recruitment@vfcrwanda.rw (no applications will be accepted through this email).
Only shortlisted candidates will be contacted.
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