FINCA Zambia
FINCA Zambia
Posted Job
almost 2 years ago

Legal Officer

The Legal Officer is a member of the Legal Department. S/he deals with legal issues pertaining to the institution, is in charge of collection, developing and implementing collection policies and procedures.

-Make sure that every region has a securities register and that release of securities are properly recorded in the register.

-Audit securities in the branches to ensure that all the securities in the register are perfected and are properly filled.

Job Requirements

  • Loan Recovery Management
  • Initiate, implement and evaluate the effectiveness of collection strategies for delinquent loans.
  • Regularly review collection policies and procedures.
  • Prepare and regularly review collateral disposal policies.
  • Monitor plans of recovery including disposal of collaterals
  • Prepare annual budgets for recovery activities
  • Drawing Recovery Plans Every Friday of the week and to discuss with the Head of department pans and progress.
  • Participate in the end of month Review of the Recovery performance & recommending measures for improvement.
  • Liaise and provide the necessary support to branch staff on loan files, recovery of difficult cases and offer support in cases of attachment.
  • Ensuring that all collateral is attached and sold in accordance with established policies and procedures and proceeds from the sales are remitted/banked to FU on time.
  • Prepare regular and exceptional reports on the status of recovery

How to Apply

Submit your CV and application on company website:

FINCA Zambia image
FINCA Zambia
Lusaka
Business loans
Savings products
Other services
FINCA Zambia is a subsidiary of FINCA International, a global micro finance network that offers financial services and products to small scale businesses. FINCA helps its clients achieve their life goals conveniently to build a business, acquire assets, improve their living conditions or invest. The company provides well-designed, responsible, and affordable products including micro and small business loans, credit lines, savings, transactional services and more. For your convenience, FINCA has a secure mobile banking service and over 75 express agents.

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