Manager Loan Recovery

Published by Jobstanzania on 9:49:00 am

DTB is looking for capable and qualified individuals to fill the following positions:

Manager Loan Recovery (Head Office - DSM)

The incumbent will be a member of business support with responsibility for ensuring the delivery of recovery strategies to a portfolio of Customers experiencing financial distress.

Key Responsibilities:

  • lead detailed negotiations with Customers regarding the exit recovery strategy.
  • Lead proactive formulation and implementation of strategies on managed exits/recoveries.
  • Manage Customers and recover debts from them in a professional manner which leaves a good impression of them about the Bank.
  • Ensure appropriate recovery is achieved and generally provide pragmatic and effective legal support on impaired debts of the Bank.
  • Assist in preparation and submission of necessary returns to the local regulatory authorities on impaired debts.
  • Assist in preparation of summons, instructions to extremal lawyers and manage recovery of debts through the Courts, including disposals of debtors' assets.
  • Manage relationships with external service provider such as liquidators, Executors, Police, Messengers of the Courts, Accountants, Receivers, Judicial Managers, Valuators, etc.

Educational Qualifications

  • Bachelor's degree in Corporate Finance and insolvency laws, professional banking qualifications or a related field of study or 'equivalent combination of education and related work experience.

Experience & Competencies Required

  • Minimum 5 years working experience in banking industry.
  • Good understanding of the role of loan recoveries.
  • Previous experience of managing impaired loan portfolio.
  • Good knowledge of the legal system, laws regarding recoveries of bad loans and security issues.
  • Proactive individual who thrives in a multi-facetted professional environment.
  • Maintaining the security and integrity of the Bank's data.

If you meet the above requirements and ready for great challenges, Mail:
Covering letter indicating preferably work station and
Your Curriculum Vitae

Email To; recruitment@diamondtrust.co.tz

Deadline: 15 November, 2015
Source: The Guardian 22nd October 2015



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