Vacancy title:
Collections Manager
Jobs at:
WATUDeadline of this Job:
Friday, August 04 2023
Summary
Date Posted: Thursday, July 20 2023, Base Salary: Not Disclosed
JOB DETAILS:
WATU is a focus-driven, customer-centric company that believes everyone deserves the opportunity to be an entrepreneur and achieve their ambitious goals in life.
As Africa’s fastest growing Asset Finance company, we see the continent’s bright and prosperous future and want to be part of making it a reality.
Our vision is to provide asset financing for motorcycles and three-wheelers to those who understand when provided with the right tools can fulfil their dreams and the needs of their families and community.
We Empower Entrepreneurs by providing the means needed to move and improve lives.
We are looking for a Collections Manager to join our team!
Job Overview
The Collection Manager position is responsible for overall management, training and ensuring expected results and quality from underlying teams. Collections Manager`s deliverables are performance, development, growth, and well-being of their teams.
Responsibilities and Duties
• Manage Collections and Performance Drivers
• Monitor the team’s portfolio performance
• Ensure that direct reports meet their monthly responsibilities
• Obtain number of clients (NOC) per agreed level
• Obtain call effectiveness (CE) per agreed level
• Manage quality control per agreed level and above
• Manage maximum DSLC per agreed level
• Manage the collection rate
• Manage clients moving to last call
• Manage that all overdue clients are attended in time and manner set by company policies
• Staff management
• Monitor performance of direct reports
• Plan and manage annual leaves in teams under direct supervision
• Monitor performance of people on probation and manage confirmations, promotions, demotions and extensions
• Plan, manage and lead trainings in teams under direct supervision
• Be available, motivate and coach employees to improve their performance
• Manage disciplinary actions together with HR
• Perform monthly 1-1s and give feedback to direct reports
• Perform 2 appraisals per direct report per year
• Reporting
Create daily and monthly reports on :
• Collections
• Attendance
• Leaves
• Probation and extension
• Manage the PIP Process
• General
• Readiness to assist team members in everyday tasks
• Organize and manage communication from top to bottom
• Follow company’s policies
• Fulfill any other tasks given or approved by management that is work-related and aimed towards company's goals and targets
• All tasks and responsibilities are done on time
Qualifications
• Education level: Bachelor’s degree
Experience:
• Minimum of 3 years of managerial experience
We prefer candidates with:
• 2 years of experience in debt collection industry
• 1 year of experience in call center
Specific skills:
• Excel - comfortable
• Word - comfortable
• Outlook - basic
• Google Sheet - comfortable
• Google Doc - comfortable
• Google Chat - comfortable
• Google DataStudio - basic
• Google Search - advanced
• Presentation - advanced
• Coaching - basic
• Negotiations - expert
• Problem solving - expert
Personal characteristics
• Integrity - take ownership of assigned people and tasks
• Empathy and advanced negotiation skills - ability to understand client and protect business interests at the same time
• Independent problem solver - proactive approach to everyday challenges
• Humility and motivation - We are looking for someone who does not misuse the authority and can motivate people in positive and forward thinking ways
• Result driven and hungry to be the best
Job Experience: No Requirements
Work Hours: 8
Experience in Months:
Level of Education: Bachelor Degree
Job application procedure
Interested applicants?Click here to apply
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