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Recovery Manager

at Amana Bank
Location Dar Es Salaam, Tanzania, United Republic of
Date Posted March 15, 2021
Category Accounting
Banking
Finance
Management
Job Type Full-time
Currency TZS

Description

We are currently looking for a suitable candidate to fill a vacant position of Recovery Manager at the Head Office, in Dar es Salaam

Duties and Responsibilities:

  • To identify accounts which are above sanctioned limits or expiry of limits where full compliance of terms of sanction remains pending or showing other early and late warning signals that causes
  • Developing of collection strategies to minimize bad
  • Ensuring NPL is effectively managed for maximum
  • Monitoring and controlling performance of debt collectors appointed by the
  • Visiting customers to evaluate business progress and their ability to pay before necessary actions are
  • Turn around non-performing portfolio to performing
  • Identifying accounts for filing of
  • Attending court hearing sessions as Bank’s
  • Provide ongoing couching to subordinates in portfolio management

Key Competency Requirements:

  • Extensive knowledge on portfolio
  • Understanding on credit process
  • Having wide understanding of the Tanzanian
  • Excellent verbal and written communication skills with the ability to interact effectively with people at all
  • Good negotiation
  • Excellent Relationship Management
  • Ability to work in a team and motivate others to achieve the desired
  • Ability to work in dynamic conditions and transition

 

Qualifications and Experience Required:

 

  • Holder of University Degree in Banking, Finance, Business Administration, or any other related
  • Minimum of 5 years’ work experience in Banking specifically in portfolio

Applying Instructions

All applications should be done through

jobs@amanabank.co.tz

Only shortlisted candidates will be contacted.