Posted Sep 06, 2016 16 views
The Collections Officer is responsible for performing loss mitigation and recovery activities. This is branch based position and tasks in brief are as following:
- Consistently increase quality of dedicated portfolio
- Provide repayments of the clients according to repayment schedule
- Provide factual cash inflow from clients
- Collect the cash from clients
- Provide all necessary document for legal cases
- Provided any needed reporting regarding dedicated portfolio
- Take all needed actions to reduce PAR level in dedicated portfolio
Job Details
Advans Pakistan Microfinance Bank Limited
Advans Pakistan Microfinance Bank (Advans Pakistan MFB) is the sixth greenfield of the group. Advans Pakistan launched its activity on January 04, 2013 in Mehmoodabad, Karachi. Created in April 2012, Advans Pakistan MFB is 70% held by its founder shareholder Advans SA, and 30% by FMO, the Netherlands Development Finance Company. Total share capital amounts to PKR 800 million, about EUR 6.5 million at current exchange rate. Advans Pakistan MFB has also received support from the Financial Inclusion Programme, implemented by the State Bank of Pakistan with support of the UK Department for International Development. As a registered microfinance bank, Advans Pakistan MFB offers a complete range of financial services to micro, small and medium-sized enterprises (MSMEs): loans to MSMEs from PKR 10,000 (about EUR 80) to PKR 150,000 (about EUR 1,250) and current and savings accounts for both individuals and MSMEs. Additional services such as cheque clearing and SMS mobile banking notifications should be launched within the next few months.
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