Absa Bank Kenya

Finance

SeniorManagerCollections

Kenya FULL TIME
The Brief

“Senior Manager Collections at Absa Bank Kenya. Skills: Collections, Recoveries, Team Management, Risk Management. Provide strategic direction for Collections and Recoveries. Ensure implementation of strategies for cost reduction”

What You'll Achieve.

Cost reduction; Efficient processes; Meeting set targets; Achieving operational targets; Reducing action line complaints

Industry & Context.

Finance
Problems you'll solve

Assist the team with complicated queries; Develop action plans to effectively reduce and manage risk issues

What They're Looking For.

Must Have

University degree or equivalent professional qualification, Awareness of Group Credit Policies, Collection & Recoveries Policy and strategy, A good understanding of the banking policies, principles and procedures, Ability to work under great pressure to meet strict deadlines, A good understanding of workflow management, Understanding of the Retail, Service Delivery and Business banking proposition, A general knowledge of Kenyan law specifically impacting banking and employee management, Understanding of banking IT systems and telephony systems affecting the work area, Knowledge of the Bank’s bookkeeping procedures and systems, General knowledge of services and functions of Head Office and branch network, Detailed understanding of the bank’s Performance Management model, Understanding of IFRS9, Experience in an operations environment, Prior experience in resolving customers queries/complaints, Prior experience working with service providers, Experience in managing a team, Basic credit management techniques, Relationship management experience, Basic Risk Management techniques, Impairment management, Well versed with models and management information tools, Experience in Leading a team and working with different stakeholders

Nice to Have

Understanding of the local competitor market

What You'll Do.

Provide strategic direction for Collections and Recoveries

Ensure implementation of strategies for cost reduction

Manage team capacity and people agenda

Manage key stakeholders

Ensure adherence to regulatory requirements

Manage vendor relationships

Action secured recoveries strategies

Monitor financial performance of the team

Ensure understanding of processes and risk frameworks

Assist team with financial performance

Improve ways of working

Share best practice and feedback

Pursue self-development

Ensure collection of access cards

Participate in local events

Lead team for effective collections management

Achieve operational targets and work schedules

Identify need for additional resources

Implement business unit strategy through team

Develop and monitor performance objectives

Ensure compliance to policies and legislation

Encourage knowledge sharing

Identify developmental needs and propose training

Develop succession plan for the team

Monitor leave plans for coverage

Address poor performance

Create enabling work environment

Ensure required training completion

Ensure shifts have sufficient capacity

Monitor productivity dashboards

Recommend client restructures

Action customer complaints processes

Assist team with complicated queries

Implement and track Collections strategy

Ensure Collections business rules alignment

Ensure satisfactory service delivery

Ensure adequate controls are in place

Address control and audit issues

Provide information to auditors

Log and investigate risk and loss events

Ensure team understands compliance requirements

Ensure participation in BCM tests

Develop and update Risk and Control Assessments

Ensure team understands access control requirements

Develop action plans for risk reduction

Ensure compliance with Enterprise-Wide Risk Management Framework

Manage risks and risk events

Reduce action line complaints

Ensure customer orientation and focus

Identify and execute initiatives to exceed customer needs

How You'll Work.

Team & Collaboration

Managing key stakeholders; Share best practice with and provide feedback to the team; Encourage frequent knowledge sharing between team members; Develop a succession plan for the team; Working with different stakeholders

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