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.
HOW TO APPLY
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
