Collections Support Associate

Summary

Conduct internal credit checks for the banking division. Support business special loans to enhance the effective operation of the desk and the achievement of the goals and objectives. Provide administrative support to the Asset Recoveries & Collections unit.

Responsibilities

• • Monitor the internal credit checks mailbox for requests.
• • Conduct thorough search of all banking systems and pertinent reports to identify default history.
• • Process internal credit checks and correspond with branches where additional information is required.
• • Complete tasks relating to collateral enforcement or the recovery of funds.
• • Prepare demand letters and statutory notices to clients.
• • Prepare letters to other third parties, such as to valuators/ surveyors.
• • Prepare collateral disposal forms as it relates to real estate or motor vehicles.
• • Prepare letters to successful bidders.
• • Prepare entries representing payments to third parties including legal or representing reimbursements to the bank.
• • Complete loan data sheets or overdraft line forms to be sent along with packages for disbursements.
• • Update listing of borrowers/ facilities in the business special loan portfolio.
• • Assist with preparing reports as required.
• • Perform other related duties assigned from time to time.

Qualifications

• • Associate’s degree in Management Studies, Economics, Statistics or relevant discipline from a recognized tertiary institution.
• • Previous banking experience, particularly in the area of credit.
• • Sound knowledge of computer software packages, including word processing and advanced excel skills.
• • Ability to communicate effectively.
• • Ability to meet deadlines.

Additional Information and Instructions

While we appreciate all applications, only shortlisted candidates will be contacted.

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