Recoveries Officer

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Recoveries Officer

  • Post Date:May 15, 2021
  • Views 701
0 Applications
  • Career Level Officer
    Qualification Degree
    Experience 3-5 Years
  • Industry Business
Job Description

Your time is now to be your exceptional best at Old Mutual!

Job Description

This role is responsible for day to day transaction processing. The incumbent is individually accountable for achieving results through own efforts.

Key Result Areas:

  • Monitoring accounts to identify overdue payments/outstanding debts
  • Finding and contacting clients to arrange debt payoffs
  • Keeping accurate records and reporting on collection activity i.e weekly, monthly & quarterly returns
  • Take actions to encourage timely debt payments and prepare and dispatch reminder
  • Prepare and dispatch Final Demand Letters
  • Compile induplum schedules and resolve repayments issues and customer credit issues
  • Update account status records and collection efforts and report on collection activity and accounts receivable
  • 3 years should be in a debt collection management function, specifically in the area   of lending, ideally in a MFI
  • Should be able to ride a motorbike with a clean class 4 driver’s license
  • Proven experience as a Debt Collection or Recoveries officer or similar role
  • Familiarity with laws related to debt collection in Zimbabwe
  • Working knowledge of Microsoft  Office and databases
  • Comfortable working with targets or on Commission based environment


  • Accountable, Accounts Receivable (AR), Credit, Debt, Debt Collections, Dispatching, Law, Lending, Management Reporting, Payments, Recordkeeping, Results-Oriented


  • Bachelor Of Commerce And Administration: Business Administration (Required)

Closing Date:19 May 2021