Asset Quality Officer job at Equity Bank
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Asset Quality Officer
2025-07-09T13:29:02+00:00
Equity Bank
https://cdn.greatkenyanjobs.com/jsjobsdata/data/employer/comp_7833/logo/Equity%20Bank.png
FULL_TIME
 
Nairobi
Nairobi
00100
Kenya
Banking
Admin & Office
KES
 
MONTH
2025-07-16T17:00:00+00:00
 
Kenya
8

Job Purpose:

The role holder is tasked to evaluate, develop and monitor recovery action plans on SME accounts on a continuous basis, to achieve maximum and timely recoveries and/or turnaround at minimal costs and ensure the SME portfolio at risk (PAR) is maintained at acceptable banks levels.

Key Responsibilities   

  • Undertaking an initial assessment of distressed borrowers and negotiating repayment arrangements with customers by assessing monthly income and expenditure statements and affordability of reductions proposed.
  • Review of facilities through Credit Risk on each file on the best recovery option including restructuring and asset classifications.
  • Ensure sanctioned loan facilities are monitored and controlled in accordance with the bank’s lending policy and Central Bank of Kenya prudential guidelines.
  • Ensuring necessary recovery notices have been issued on time to SME clients whose loans are in depicting strain in liaison with Branch and Debt Recovery Unit.
  • Develop and implement recovery strategies and action plans for each SME non- performing debt in liaison with Branch and debt recovery unit.
  • Reduction of non- performing debts through aggressive recoveries and viable restructuring options.
  • Review of facilities through Credit Quest on each file on the best recovery option including restructuring and asset classifications.
  • Correspondence with both external and internal customers.
  • Preparation of SME recovery reports and continuous update on recovery status reports on SME Banking clients.
  • Monitor debtors’ compliance with the agreed settlement arrangements.
  • Coach, guide and motivate staff to enhance efficiency and productivity.

Qualifications

Qualifications, Experience & Key Competencies

  • Bachelor’s degree in business related degree from an institution recognized by Commission for University Education.
  • At least 3 years’ banking experience with credit background
  • Demonstrates a clear understanding of recoveries processes in SME and must be able to provide direction and strategic thinking where appropriate in relation to distressed assets and loans in default.
  • Should have sound knowledge in accounting and financial principles, Credit risk management, Business banking, Investment banking.
  • Understanding of Legal principles related to lending and collateral rights.
  • Must have the ability to translate and apply Credit knowledge to optimize positive outcomes in negotiations with clients.
  • Goal-oriented with the ability to work with minimal supervision.
  • Excellent interpersonal skills.
  • Strong verbal and written communication skills.
  • Demonstrates high standards of integrity.
Undertaking an initial assessment of distressed borrowers and negotiating repayment arrangements with customers by assessing monthly income and expenditure statements and affordability of reductions proposed. Review of facilities through Credit Risk on each file on the best recovery option including restructuring and asset classifications. Ensure sanctioned loan facilities are monitored and controlled in accordance with the bank’s lending policy and Central Bank of Kenya prudential guidelines. Ensuring necessary recovery notices have been issued on time to SME clients whose loans are in depicting strain in liaison with Branch and Debt Recovery Unit. Develop and implement recovery strategies and action plans for each SME non- performing debt in liaison with Branch and debt recovery unit. Reduction of non- performing debts through aggressive recoveries and viable restructuring options. Review of facilities through Credit Quest on each file on the best recovery option including restructuring and asset classifications. Correspondence with both external and internal customers. Preparation of SME recovery reports and continuous update on recovery status reports on SME Banking clients. Monitor debtors’ compliance with the agreed settlement arrangements. Coach, guide and motivate staff to enhance efficiency and productivity.
 
Bachelor’s degree in business administration, finance, or a related field. At least 3 years’ work experience as a Business Client Advisor or similar role. Strong analytical skills, with experience in leveraging data analytics to drive lending product insights and performance management. Background in IT will be an added advantage.
bachelor degree
36
JOB-686e6e9ed2c9a

Vacancy title:
Asset Quality Officer

[Type: FULL_TIME, Industry: Banking, Category: Admin & Office]

Jobs at:
Equity Bank

Deadline of this Job:
Wednesday, July 16 2025

Duty Station:
Nairobi | Nairobi | Kenya

Summary
Date Posted: Wednesday, July 9 2025, Base Salary: Not Disclosed

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Learn more about Equity Bank
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JOB DETAILS:

Job Purpose:

The role holder is tasked to evaluate, develop and monitor recovery action plans on SME accounts on a continuous basis, to achieve maximum and timely recoveries and/or turnaround at minimal costs and ensure the SME portfolio at risk (PAR) is maintained at acceptable banks levels.

Key Responsibilities   

  • Undertaking an initial assessment of distressed borrowers and negotiating repayment arrangements with customers by assessing monthly income and expenditure statements and affordability of reductions proposed.
  • Review of facilities through Credit Risk on each file on the best recovery option including restructuring and asset classifications.
  • Ensure sanctioned loan facilities are monitored and controlled in accordance with the bank’s lending policy and Central Bank of Kenya prudential guidelines.
  • Ensuring necessary recovery notices have been issued on time to SME clients whose loans are in depicting strain in liaison with Branch and Debt Recovery Unit.
  • Develop and implement recovery strategies and action plans for each SME non- performing debt in liaison with Branch and debt recovery unit.
  • Reduction of non- performing debts through aggressive recoveries and viable restructuring options.
  • Review of facilities through Credit Quest on each file on the best recovery option including restructuring and asset classifications.
  • Correspondence with both external and internal customers.
  • Preparation of SME recovery reports and continuous update on recovery status reports on SME Banking clients.
  • Monitor debtors’ compliance with the agreed settlement arrangements.
  • Coach, guide and motivate staff to enhance efficiency and productivity.

Qualifications

Qualifications, Experience & Key Competencies

  • Bachelor’s degree in business related degree from an institution recognized by Commission for University Education.
  • At least 3 years’ banking experience with credit background
  • Demonstrates a clear understanding of recoveries processes in SME and must be able to provide direction and strategic thinking where appropriate in relation to distressed assets and loans in default.
  • Should have sound knowledge in accounting and financial principles, Credit risk management, Business banking, Investment banking.
  • Understanding of Legal principles related to lending and collateral rights.
  • Must have the ability to translate and apply Credit knowledge to optimize positive outcomes in negotiations with clients.
  • Goal-oriented with the ability to work with minimal supervision.
  • Excellent interpersonal skills.
  • Strong verbal and written communication skills.
  • Demonstrates high standards of integrity.

 

Work Hours: 8

Experience in Months: 36

Level of Education: bachelor degree

Job application procedure

Interested and qualified? Click here to apply

 

All Jobs | QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Administrative jobs in Kenya
Job Type: Full-time
Deadline of this Job: Wednesday, July 16 2025
Duty Station: Nairobi | Nairobi | Kenya
Posted: 09-07-2025
No of Jobs: 1
Start Publishing: 09-07-2025
Stop Publishing (Put date of 2030): 09-07-2077
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