Main purpose of the job
The National Development Bank wishes to invite applications from
suitably qualified and experienced individuals motivated by challenge for the
above position that is tenable in Francistown.
suitably qualified and experienced individuals motivated by challenge for the
above position that is tenable in Francistown.
Reporting
to the Credit Portfolio Manager, this supervisory role ensures the effective
reduction of bad debts in order to maintain
to the Credit Portfolio Manager, this supervisory role ensures the effective
reduction of bad debts in order to maintain
the level of arrears within the
stipulated levels. The officer will also be charged with effecting and
supervising the debt collection process and the management of all staff within
the debt recovery function. Another key function will be to render advice on
issues related to the debt recovery process.
Key Performance Areas
- To
undertake and manage the processes of collecting bad debts from client
after they have been handed over to the debt recovery division. - To
effectively monitor the bad debt portfolio and be proactive in
recommending appropriate cases for foreclosure. - To
identify and recommend appropriate cases for write offs and ensure
objective and effective application of the write off policy. - To
initiate and conduct litigation proceedings against loan defaulters for
recovery of bad debts. - To
ensure speedy resolution of client queries in order to bring about
successful recovery of debt. - To
ensure management of client’s payment proposals and implement effective
mechanisms for the recovery of debts. - To
manage the integrity and accuracy of data on bad debts. - To
ensure that debt recovery proceedings comply with the Bank’s policy on
debt recovery. - To
ensure adherence to all company/business policies and procedures - To
produce reports that confirms progress of bad debt recovery.
Job Specifications
- Bachelor’s
Degree in Law or equivalent - Relevant
professional qualification will be advantageous - Knowledge
of financial statements interpretation and cash flow analysis - Must
have a minimum of 4 years related experience/ exposure in civil litigation
and debt recovery ideally within a Banking/financial environment.
Competencies
- Results/
Delivery Orientated - High
level of professionalism/integrity - Strong
business communication - People
Management - Financial
Management - Negotiation
and Problem Solving - Interpersonal
and Leadership - Debt
collection experience - Basic
proficiency in MS Office
Remuneration
The Bank
offers competitive remuneration
offers competitive remuneration
Closing date and application
instructions
instructions
Interested and qualified individual should send their applications
(cover letter including 3 referees, CV and certified copies of qualifications)
to the following address no later than 19 November 2016.
Post: Head of Human Resources
National Development Bank
P O Box 225
Gaborone
Physical address: Development House
Queens Road, Main Mall
Gaborone
Email: Recruitment@ndb.bw
NB: ONLY SHORTLISTED CANDIDATES WILL BE RESPONDED TO.