Unit Head Recovery

Published by Jobstanzania on 5:07:00 am

A fabulous opportunity for Unit Head Recovery position. Our client is an International Bank they are looking for a perfect candidate to join their team of professionals. The candidate will be responsible for the coordination and implementation of the restructuring and recovery activities for the Non-Performing Loan portfolio of the bank.

Industry: Banking,
Job Location: Dar es salaam, Tanzania


  • Management of non-performing loans to ensure credit and other risks are properly identified and assessed with specific focus on top 20 largest NPLs
  • Supervise, guide and manage the On-balance sheet and Off-Balance Sheet Credit Recovery Teams.
  • Liaison with Legal Department and external advocates to ensure recovery cases lying in the courts are progressed to completion.
  • Coordinate and manage all banks appointed external agencies (debt collectors, auctioneers, receiver managers, lawyers etc.) and other third party vendors.
  • Supervise and coordinate preparation/submission of statutory and regulatory reports required by the bank.
  • To provide professional business support to resolve challenges faced by stressed clients.
  • To review and recommend loan write-off and abandonment in accordance with BOT regulations and provide recommendation for Board approval.
  • Quarterly credit portfolio review and monthly review of loan portfolio quality report and make recommendations for corrective measures.
  • Initiate and develop restructuring and recovery strategies towards reduction of Non-Performing Loans (NPL) levels as targeted by the bank management.

How To Apply:
Send your job applications to email:  jobstz@cvpeopleafrica.com or visit website; https://tanzania.cvpeopleafrica.com/ and register for application via online.



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