FSI Capital

Banking + 2 more

Debt Recovery Manager

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Job details

Contract Type

Description
The Company hereby engages the Debt Recovery Manager as an independent consultant to oversee the organization’s debt recovery operations. This includes managing a team of collection officers, developing strategies to recover outstanding debts, ensuring compliance with legal and ethical standards, and improving overall collection performance.
Responsibilities
  • Lead and supervise the debt collection team, setting targets and monitoring performance

  • Develop and implement effective debt recovery strategies and policies

  • Monitor overdue accounts and ensure timely follow-up and resolution

  • Review and approve repayment plans, settlements, and write-offs

  • Handle complex or high-value delinquent accounts

  • Ensure compliance with relevant laws, regulations, and internal policies

  • Prepare and analyze collection reports, KPIs, and performance metrics

  • Train, mentor, and evaluate staff to improve efficiency and professionalism

  • Coordinate with legal teams on escalated cases and litigation processes

  • Maintain relationships with external agencies (e.g., collection firms, legal advisors)

  • Ensure customer interactions are professional, ethical, and aligned with company standards


Compensation Structure
The administrator shall earn a net salary of Ksh 80,000-100,000 and a commission of 10-15% on revenue from amounts collected. The employer will remit 5% to the Kenya Revenue Authority.

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