Project Associate - Recovery (2520-PAR)

Our client is seeking to recruit an individual to supervise the debt recovery unit of its micro finance business operations. This role requires management of a team, development of recovery strategies, and timely collection of overdue credit while maintaining client relationships.

Responsibilities:

• Supervise the recovery team to meet collection targets.
• Assist in developing and implementing recovery strategies to minimise credit default.
• Establish credit facility agreements with clients.
• Track overdue accounts and set up recovery actions, including repayment agreements.
• Track debt recovery targets and negotiate recovery terms with delinquent borrowers.
• Attend to inquiries related to credit payment servicing and arrears.
• Coordinate legal actions in relation to debt recovery.
• Assess and report on client default risks.
• Use recovery tools and systems to track and report on collection activities.

Profile:

• Hold a professional qualification or degree in Banking, Finance, Accounting, Economics, Business Management or other acceptable qualification.
• Proven experience in debt recovery, credit management preferably in the fields of micro finance or lending with at least 4 years in a supervisory position.
• Knowledge of Micro and/or Credit Finance legislation including AML-CFT.
• Analytical and detail oriented mind set with excellent problem solving skills.
• Knowledge of the SME & Corporate markets in Mauritius & Africa would be an advantage.