Loans Recovery Assistant (One Year Contract)

THE COMPANY

The Development Finance Corporation  (DFC) is Belize’s only Development Bank. Our Board of Directors and Staff are strongly committed to our mandate to provide innovative development financial solutions which contribute to the resilient and equitable growth of Belize.

DOWNLOAD THE JOB DESCRIPTION

THE POSITION

The Loans Recovery Assistant assists the Loans Recovery Specialist to manage complex customers with non – performing loans in the written off portfolio and ensure recovery activities are timely and effectively done. He/she Ensures that appropriate actions are taken on the allocated accounts via the various recovery strategies to support the aim of increasing the Debt Recovery Rate while also diligently updating control registers, outsourced files and supply of demographic information when attained.

DUTY STATION

BELMOPAN

Qualifications & Experience

An Associate’s Degree in Finance, Business Administration or related field

Required Knowledge, Skills & Abilities

  • Knowledge of DFC’s role as a development bank and its contribution to national economic development
  • Knowledge of the court process (Magistrate and Supreme)
  • Superior communication skills-written, verbal and inter-personal
  • Effective planning, negotiation and organization skills
  • Proficient in Microsoft Office applications
  • Ability to maintain a high level of confidentiality and ethical behaviour

Key Responsibilities Include:

  • Timely and adequate auctioning of all written off accounts.
  • Assist Collection Agents and Court Processing Agents by answering queries, preparing final demand notices, assigning accounts and compiling weekly and monthly reports.
  • Develop strategies and methods to drive Collection Agents and Court Processing Agents to meet monthly targets.
  • Prepare all relevant documents necessary for Collection Agents and Court Processing Agents to pursue each customer.
  • Update new contacts obtained in the collections and recovery system for further records and follow up.
  • Negotiate repayment terms and options with customers,and persuade them to make payment.
  • Review complex loan statements and loan history and reconcile accounts if necessary.
  • Maintain and update the External Foreclosure Database.

TO APPLY

Submit an Application Package that references the position title, and include the following:

  1. Letter of Application
  2. Curriculum Vitae
  3. Copy of most recent qualification
  4. Three (3) Letters of Recommendation (no older than six months) – two must be professional references and of which one must be from a previous employer.
  5. Copy of Social Security Card
  6. Police record (no older than six months)

SUBMIT COMPLETE APPLICATION PACKAGE IN ONE PDF FILE TO:

Manager

People Operations

Development Finance Corporation

P.O. Box 40, Belmopan

RE: APPLICATION FOR CAREER OPPORTUNITY – “LOANS RECOVERY ASSISTANT’

SUBMISSION

Complete applications may be submitted via e-mail to: careers@dfcbelize.org

DEADLINE

September 22, 2024