KCB Bank Hiring Corporate Recovery Manager

21 Vacancies Open At KCB Bank

KCB Bank Hiring Corporate Recovery Manager

Reporting to senior recovery manager, the role shall be responsible for effective management of a portfolio of non-performing corporate accounts to drive and deliver agreed turnaround strategies and maximize recoveries in a timely and cost-effective way.


  1. Contribute to Group profit through Recoveries, Upgrades and writeback of Impairments held.
  2. Support development, recommend and implement strategies to ensure that debts in arrears are recovered and properly graded in line with CBK prudential guidelines on non-performing corporate debts.
  3. Lead detailed negotiations with customers to obtain commitment to implement appropriate strategies to minimize inherent risks in the business, reduce the delinquent debts in arrears through aggressive recoveries and viable restructurings.
  4. Represent Bank in Lenders meetings for syndicated facilities under financial distress.
  5. Proactively develop and manage relationships with key stakeholders including regulators, insolvency practitioners and turnaround experts to maximize benefits in turning around distressed assets.
  6. Ensure preparation of reports i.e Top 20, monthly Recovery strategy sheets, monthly recoveries as well as quarterly Top 100 reports.
  7. Track implementation of credit action plans and offer support in resolution of credit audit issues to ensure achievement of satisfactory credit audit ratings.
  8. Undertake continuous securities review and assessment of provisions adequacy to determine optimum levels of impairments based on projected future cashflows from accounts under their control.
  9. Close follow up with service providers engaged to aid in recovering the nonperforming corporate debts. (Lawyers, Auctioneers, Valuers, Process servers and Private Investigators)
  10. Ensure compliance with credit policies, regulatory requirements and best practice in the monitoring and control process with a view to minimizing Credit Risk.
  11. To minimize cost of recovery by employing alternative methods that are less costly.
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The Person

For the above position, the successful applicant should have the following:

  • A bachelor’s degree in business related field.
  • Added advantage-AKIB, CPA(K), ACCA, master’s degree,
  • 7 years general banking experience
  • 5 years in corporate credit/advisory
  • 5 years in corporate recoveries
  • 3 years in people management
  • 5-year experience in shareholder & Customer management

The above position is a demanding role for which the Bank will provide a competitive remuneration package to the successful candidate. If you believe you can clearly demonstrate your abilities to meet the criteria given above, please log in to our Recruitment portal and submit your application with a detailed CV.

To be considered your application must be received by Friday 30th October 2023.

Qualified candidates with a disability are encouraged to apply.

Only short-listed candidates will be contacted.

Apply Now

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KCB Bank Hiring Corporate Recovery Manager

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