Head of Remedial Job at CVPeople Tanzania
Job Overview
Head of Remedial
CVPeople Tanzania | Full time
Reports to: Head of Special Assets Management
Responsibilities
- Devising strategies for turning-around of non-performing loans (NPLs) accounts under the unit.
- Ensure timely closure of turnaround strategies for specific accounts as per approved unit target.
- Developing objectives for the Unit in line with the Bank’s approved strategic goals and objectives.
- Formulation of strategies for successful collection and reduction of non-performing loans.
- Daily supervision of Relationship Managers (RMs) and Officers falling under the unit and ensure adherence and compliance with bank policies.
- Coaching RMs and Officers falling under the Unit on implementation of their duties and improve their carriers
- Identification of training needs and suggesting appropriate training programs for the Unit in liaison with the Head of Department.
- Provide technical support to the Head of Department and management of the Bank’s on management of distressed loan portfolio.
- To perform all actions needed to implement approved restructures or workout plans.
- Review of credit request proposal or memos from RMs and Officers and provide appropriator recommendation for management approval.
- Business visits, reviews, analysis and report preparation with recommendation to Head of SAM and/ or Management.
- To handle and manage all clients’ queries/concerns/advise properly and timely with the purpose of creating and maintaining good relationship between the clients and bank
Head of Remedial Job at CVPeople Tanzania
Knowledge and Experience
Academic:
- Minimum of University degree preferably in accounting, Finance, Economics or its equivalent.
- Master degree in accounting, finance and economics or its equivalent is desirable
Professional:
- Relevant professional qualification in banking and credit risk management.
Desired work experience:
- At least 5 years work experience in management of non-performing loan portfolio, and RM for Corporate clients.
- Proven leadership and people management skills with a high level of commitment and enthusiasm.
- Good Interpersonal skills.
- Credit analysis and appraisal.
