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.
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.
Job Position: UNIT HEAD RECOVERY
Industry: Banking,
Job Location: Dar es salaam, Tanzania
JOB DESCRIPTION
- 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.