Summary
Date Posted: Thursday, January 11 2024, Base Salary: Not Disclosed

JOB DETAILS:
Purpose Of Job:
He/she will be responsible for the timely execution of recovery strategies for written-off to maximize recoveries.

Responsibilities:
• Prepare and maintain daily performance monitoring trackers/reports for constant monitoring of key parameters on the bank written-off portfolio.
• Maintaining written-off portfolio for both existing and newly added accounts ensuring close update of the status for each account is maintained.
• Analyzing written-off portfolio from time to time and ascertain the non-recourse segment of the portfolio and seek approval for complete write-off thereafter.
• Liaise with the legal unit and always ensure attending all meetings relating to recoveries both for Retail and SME segments.
• Updating of key details for all written-off accounts including but not limited to KYC and other data sets that should facilitate the obligor’s whereabouts.
• Maintaining recoveries tracker and projection for all written-off accounts and sharing the same every week for discussion with the line manager.
• Preparing and sending reminders to customers regarding payments, or other issues as mandated by management.
• Preparing adverts for marketing of repossessed properties or properties about to be auctioned by the Bank or through external parties, including the Court.
• Where possible ensure firm communications with respective written-off customers is maintained throughout, and management is appraised on the progress accordingly.

QUALIFICATION AND EXPERIENCE REQUIRED:
• University degree preferably in Law, Accounting/Finance and Business Administration.
• Relevant professional qualifications in banking, risk management, recovery, and law.
• At least 2 years of work experience in recovery or related field


Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
To apply, please send your CV along with all academic certificates to hrrecruit@eximbank.co.tz with the subject line:

JOB APPLICATION: Recovery Officer – Retail and SME Written-Off Management
Deadline: 16th January 2024.

(Note: Only shortlisted candidates will be contacted)


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