Deadline of this Job: 09 september 2022
JOB DETAILS:
Responsibility
• To ensure an efficient performance of the Recovery Unit
• Direct supervision of the recovery officers
• To exchange information with the Recovery Officers, Regional Managers, Business Center Managers and other stakeholders in the recovery activities chain
• To take part on the recruitment of Recovery Interns and Debt Collectors
• To develop Recovery Plans in consultation with Chief Operations Officer
• To prepare reports to be submitted to the Chief Operations Officers and other Heads of department as the need may arise
Core capabilities
Achieving Capabilities
Achieving quality results & service. Practicing accountability & integrity. Communicating information effectively.
• Proven ability to prepare and report various deliverables on time
Thinking Capabilities: *Thinking clearly, deeply and broadly. Understanding the Humanitarian Industry. Understanding World Vision’s mission and operations. Practicing innovation and change.
• Leads and manages change process
• Able to identify key strategic approach to debt recovery in VFT
• Proven problem solver who shows both leadership and delegating skills
Self-Managing Capabilities: *Demonstrating Christian values in life and work. Learning for growth and development. Maintaining work/life balance and effectiveness.
• Should demonstrate maturity and provide strong spiritual leadership
• Continually improving and developing new skills
• Should be a role model for other staffs in work/life balance
Relational Capabilities: *Building collaborative relationships. Practicing gender and cultural diversity. Influencing individuals and groups.
• Able to develop strong partnerships with other stakeholders
• Builds strong teams and work with the rest of the management team
• Able to manage the multiple relationships of Management, the rest of VFT team and other stakeholders in the market
Education
List education, knowledge & skills, licenses preferred, and all experiences required to perform this position in a fully competent manner.
• Bachelor Degree in Business Administration, Accounting, Finance and Economics
• A good background legal studies (business law) and practice are added advantage
• Very good knowledge of oral & written English and kiswahili
• Very good analytical & reporting skills
• 5 years’ experience in credit management and loan recovery experience
• Experience of at least 5 years in working direct with Saving Groups, 2 of which must be at the Managerial/Supervisory position.
• Good knowledge of WV &VFI Partnership
• Proficient in Microsoft office application
• Excellent trainer, facilitator, mentor and coach
• Capacity & willingness to take responsibility and develop sense of rectitude
• Familiar with Core business
• Model and demonstrate effective Christian leadership and able to lead daily devotions.
General attributes
• Must be fluent in English
• Flexible to travel up country and in rural areas
• Knowledgeable of Microsoft Power point, Excel and word
• Must have proven leadership ability
About our working environment & remuneration
• VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.
Deadline of this Job: 09 september 2022
JOB DETAILS:
Responsibility
• The Risk and Compliance Officer (Credit Risk) main responsibilities are to review and ensure that the credit risk is minimized and the bank is able to recover from any losses that might occur. Additional duties involve performing credit risk analysis and conducting independent loans review to ensure loans are adequately underwritten, properly graded, appropriately priced, and conform to the bank’s policy. The reviews and analysis performed will help the bank manage the risk in the loan portfolio by ensuring compliance with Bank and regulatory requirements, as well as following up on trends identified so appropriate controls can be developed and implemented at VFT MFB.
Main tasks
• Monitor the bank’s credit risk and trigger timely portfolio reviews to find out the root cause of the emerging credit risks and Communicate weaknesses identified to the credit underwritings
• Ongoing monitoring of the credit quality of the portfolio (portfolio review and early detection of deteriorating credits) by highlighting early warning signs of credit deterioration and advising the turnaround strategy.
• Perform a comprehensive review of sampled new loans and modifications to identify any credit weaknesses, policy or regulatory violations, servicing deficiencies, or trends.
• Prepare early warning and checks for adequacy and appropriateness of the information used in the evaluation of the customer Credit applications.
• Identify, analyze and report to the management the credit risk trend with corrective actions required
• Ensure that sound credit risk measurement and monitoring tools are developed and implemented in a standardized manner
• Preparation of weekly, monthly and quarterly credit risk analysis reports by different categories such as loan size, client sector, product, Branch, and Loan Officer and trigger portfolio reviews.
Education/Experience
• A bachelor’s degree in Banking and Finance, Accounting, Microfinance, Economics, Business Administration, Finance, or any related field.
• Minimum of 3 years’ experience in credit review, credit analysis, or in a business lending-related position.
• A Certification in Risk Management Experience
• Excellent understanding of credit risk management systems
• Excellent financial analysis skills especially financial ratio analysis to determine credit worthiness.
• An understanding of the functions of and the implementation of Credit Bureau strategies.
• Knowledge of current banking laws and regulations required loan documentation and bank lending policies
Special / Personal Abilities
Achieving Capabilities
• Achieving quality results & service. Practicing accountability & integrity. Communicating information effectively.
Thinking Capabilities
• Thinking clearly, deeply and broadly. Understanding the Microfinance Industry. Understanding Vision Fund mission and operations.
Self-Managing Capabilities:
• Demonstrating Christian values in life and work. Learning for growth and development. Maintaining work/life balance and effectiveness.
Relational Capabilities:
• Building collaborative relationships. Practicing gender and cultural diversity. Influencing individuals and groups.
About our working environment & remuneration.
• VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.
Deadline of this Job: 09 september 2022
JOB DETAILS:
Responsibility
• Responsible for Assisting/ supporting the Recovery Manager in facilitating all recovery related issues (proper documentation, ensure collection of outstanding, ensure collection of outstanding, Monitoring and coordination of all debt, ensure compliance of Loan Officer) in accordance with VFT – MFB’s policies
Main tasks
• Ensure proper documentation for loan recovery
• Ensure collection of outstanding non-performance loan past 90 days
• Ensure collection of outstanding written of the loan
• Monitoring and coordination of all debt collector activities
• Ensure compliance of Loan Officer & BCM on proper producers in recovery
• Reporting,
• Respond to daily employees’ questions/issues timely and in an
appropriate manner.
Education/Experience
• List education, knowledge & skills, licenses preferred, and all experiences required to perform this position in a fully competent manner.
• in Economics, Accounting or Business Administration.
• 3 years’ work experience in MFI
• Very good knowledge on analyzing financial information
• Very good analytical & reporting writing skills
• Proficient in Microsoft office application
• Be a good leader
• Very good communication and interpersonal skills
• Model and demonstrate effective Christianity maturity.
Special / Personal Abilities
Achieving Capabilities
• Achieving quality results & service. Practicing accountability & integrity. Communicating information effectively.
Thinking Capabilities
• Thinking clearly, deeply and broadly. Understanding the Microfinance Industry. Understanding Vision Fund mission and operations.
Self-Managing Capabilities:
• Demonstrating Christian values in life and work. Learning for growth and development. Maintaining work/life balance and effectiveness.
Relational Capabilities:
• Building collaborative relationships. Practicing gender and cultural diversity. Influencing individuals and groups.
About our working environment & remuneration.
• VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.