Kimani Kang'ethe
Risk Specialist
Nairobi,Kenya
Summary
Talented recovery and monitoring specialist with over 12 years experience in banking and financial management and expertise in debt structuring and risk mitigation.
Achievements
Providing financial solutions that encourage businesses growth, support employment and result in economical growth to the country.
Promoted to the title of Assistant Manager -Credit risk and Debt recovery.
Skills
Analytical and Critical Thinker
Overview
15
15
years of professional experience
3
3
years of post-secondary education
Work History
Remedial & Debt Recoveries Assistant Manager
Sidian bank Ltd
Nairobi, Kenya
02.2022 - Current
- Strengthening bank notification process by enforcing process delivery, contact verification and accuracy of debtor information.
- Chair client meeting, listen and providing financial solutions that result in loan repayment.
- Prepare and inform defaulter on realization process in preparation of sale via public auction.
- Appointed in several occasions to attend court as bank witness, on matters injunction.
- Outsourcing of service providers, reviewing and ranking of performance towards allocated portfolio.
- Identifying and arresting system discrepancies that affect client ability to meet loan payment.
- Propose hiring recommendations and participate in training activities that improve quality of service rendered to clients.
- Provide mentoring to team members on relationship building and financial consultancy.
Debt Recovery Senior Officer
Sidian bank Ltd
Nairobi, Kenya
12.2018 - 01.2021
- Manage the non performing loan portfolio to acceptable limit below 10% through debt clients, creating and following up on customer covenants, reviewing result for default and recommending for restructuring, debt collection or foreclosure of debt to management.
- Carried out day-to-day duties accurately and efficiently.
- Locate customers with overdue accounts and solicit payment in compliance with fair debt collection practices.
- Ensure statutory notices are issued and clients notified on foreclosure process as guided by the law.
Asset Financed Collection Officer
Sidian bank ltd
Nairobi, Kenya
12.2018 - 09.2019
- Developed spreadsheet tracker which monitors loan position, service provider allocation, tracker activation, repossessed unit location, foreclosure process and unit released status which increased performance of unit financed collection by 30%.
- Provide recommendation to credit management on additional provision and write-off on residual balance.
Early Collections and Monitoring Officer
Sidian Bank Ltd
Nairobi, Kenya
08.2017 - 11.2019
- Regulate customer visits, calls and prompt issuance of demand letters reminding the client of there obligation to debt.
- Reduce Loan slippage to the next bucket and maintaining loan migration below 10% by enforcing collection payments are honored.
- Responsible for collection of arrears between 31-90 days and reducing migration to non performing by maintaining attrition below 5%.
- Inform business team why accounts are in arrears and remedial measures in place.
Fixed Asset Management Officer
K-rep bank ltd
Nairobi, Kenya
08.2015 - 07.2017
- Designed an Asset Management to better log and track asset movement, capture acquisition assets and process correct costing as per IFRS standards and bank policy.
- Provided training to both head office units and the branch custodians on Fixed Asset Management practice.
- Submitted timely reports to the Finance committee for strategy and budget review.
- Reviewed the asset acquisition process, identifying discrepancies and recommended solutions that ensured reliability of the register.
Managerial Accounts and Payment Officer
K rep Bank ltd
Nairobi, Kenya
09.2009 - 07.2017
- Compiled and analyzed spending data as requested by senior management to optimize costing below 30% budgetary spending.
- Support business operation through funding, monitoring costing and making timely payment on rent and utilities.
- Ensured compliance of bank operation by withholding and remitting taxes on behalf of KRA and providing documentation for review during both internal and external audit.
- Reconciliation of daily, weekly, and monthly suspense accounts.
Education
Bachelor of Commerce - Banking And Financial Support Services
Africa Nazarene University
Ongata Rongai 2006.04 - 2009.05
High School Diploma -
Laiser Hill Academy, Certificate of Secondary Education
Ongata Rongai 05.2001 - 05.2004
Accomplishments
Nominated as welfare chair in both Finance and Credit departments.
A member of the sidian bank hiring committee.
A member of the organizing community programs responsible for CSR activities in the bank.
Participated in the AIESEC (Parklands) sponsoring slum outreach program in Mathare slums, during the universal children's day (20th November 2015).
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Hobbies
Cooking and dancing with my daughters.
Watching Netflix documentaries.
Catching up with my friends.
Car enthusiast.
Reading self help books.
Referees
Christabel Onyango
Director Credit Management
Credit Bank Ltd
Tel: 0722 590 689
James Karanja Mwangi
Debt Recoveries Manager
Sidian Bank ltd
Jkaranja@sidianbank.co.ke
Tel: 0720 665 919
DUNCAN OYARO NYANAMBA
Project Manager
FSD-Kenya
Duncan.oyaro@fsdkenya.org
Tel: 0723 899 283
Referees
Christabel Onyango
Director Credit Management
Credit Bank Ltd
Tel: 0722 590 689
James Karanja Mwangi
Debt Recoveries Manager
Sidian Bank ltd
Jkaranja@sidianbank.co.ke
Tel: 0720 665 919
Duncan Oyaro Nyanamba
Project Manager
FSD-Kenya
Duncan.oyaro@fsdkenya.org
Tel: 0723 899 283
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