Credit Analyst - Collections and Recovery
Ramani Company Limited
Nơi làm việc
Dar es Salaam
Chi tiết công việc
About Ramani
Ramani is building financial infrastructure for Africa's supply chains. Through our sleek mobile and web application, Africa's resellers gain quick and easy access to SME financing. We're operating in a $900B market and are pioneers in our space!
We are a Y Combinator-backed founding team with backgrounds in Computer Science & Finance from Stanford University, Google, Salesforce & Cap Gemini. We are also backed by leading investors including Village Global & Goat Capital. We are currently based in Dar Es Salaam, TZ.
In our rapidly growing, high-energy team, everyone plays a critical role in improving our products, processes, and business. Our culture is collaborative, fast-paced, and not ego-driven. We move and iterate quickly to provide our customers and users with value as soon as possible.
Job Brief
The Credit Risk Team is responsible for the strategies and initiatives that help both fuel growth of the portfolio as well as protect the business from losses. As part of this team, you will have the opportunity to develop sophisticated strategies, perform cutting edge analysis and drive meaningful and challenging projects that improve the customer experience and deliver improved profitability for our business. You will have unparalleled exposure to Senior Leadership (i.e., seasoned Credit Analysts regularly present their analyses and recommendations to the Group CEO, Country Manager/ Head of Credit and COO) and be part of a dynamic, fast paced, and growing division within Ramani.
Your strategic functions
• Work closely with the Head of Credit to review and enhance Upgrade's collections and recovery practice in (strategy, credit policy, and SOP).
• Work closely with other internal stakeholders to ensure all collection and recovery activities within their areas are done on time and as per the agreed process and procedures;
• Participate fully in reparation of the well analyzed Monthly Credit portfolio report for both Internal and External stakeholders.
• Engage actively with the Legal Manager for all the collections that requires legal action to speed up the recovery process.
• Prepare and issue correspondence in relation to debt collections and recovery proceedings. Provide advice to late payers to help negotiate a reduction in any amounts owing;
• Provide weekly collections / recovery reports to be discussed in the Credit Review meetings set up from time to time.
• To work closely with legal department and make follow up of all court cases arise from collections and recovery processes to provide feedback and update to the leadership team in credit department;
Your day to day
• Monitor the repayments/ collections of existing Portfolio and present findings for concise and effective manner via related reports and presentations
• Translate analytical findings into actionable strategic recommendations
• Develop innovative solutions using data to maximize collections from the Credit portfolio
• Proactively suggest improvements to existing strategies, policies, processes, and procedures.
• Complete additional Ad hoc requests as necessary.
Personal Development
• Manage own performance and take responsibility for self-development in line with Company objectives and to enhance your business and interpersonal expertise;
• Improved technical and/or interpersonal skills;
• Developed knowledge of FMCG industry and services, especially Trade Financing & Support;
• Full participation in team process improvement discussions;
• Improve personal competencies and technical skills through continuous learning;
• Keep abreast of developments and issues in the credit risk and FMCG industry;
Qualifications
Essential requirements
• Bachelor’s degree in a quantitative field or equivalent combination of experience and education required. Advanced degree preferred.
• Two to three years’ experience in credit collections and recovery from the financial institutions.
• Understanding of credit policies and procedures;
• Proficient in MS Office, with advanced MS Excel skills.
• Proven ability to proficiently communicate complicated data and analytical issues verbally, in writing, or in presentation form to core stakeholders and partners across the enterprise
• Ability to manage multiple projects simultaneously and work in a fast-paced environment as part of a team.
• Demonstrated ability to develop segmented collection strategies that customize timing and treatments for delinquent customers.
Desirable requirements
• Creative and strategic thinking with a problem-solving attitude
• Self-motivation and the ability to handle stressful situations and failure
• Excellent MS Excel skills and Confident in timely reporting
• Excellent communications with superior written, verbal, presentation and interpersonal
If this role defines you, simply click the Apply Now button to submit your application
