Recovery Officers at VisionFund Tanzania Microfinance Bank Ltd

Recovery Officer

VisionFund Tanzania Microfinance Bank Ltd

Arusha

Job Description

VISIONFUND TANZANIA MICROFINANCE BANK LTD

VACANCIES

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of more than TZs. 28 billion and more than 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;

Work reference no. 003/2023

Position: Recovery Officers

Reporting to: Recovery Manager

Responsibility:

To investigate the reasons for loans non-repayment and write offs in centers and Recovery of bad/written off loans.

Main tasks

• Collects and recovers written off loans
• Coordinates the recovery and sales of collateral
• Collects outstanding non-performing loans of past 90 days
• Properly documents loan recovery process
• Ensures that the Branch/Business Centre meets the recovery targets
• Coordinates the work of debt collectors, loan officers in all recovery exercises

Education/Experience

• Bachelor Degree in Economics, Accounting, Marketing, Business administration and Community Development.
• A minimum of 2 years working experience in Microfinance (Loan/Recovery unit)

Special / Personal Abilities

• Excellent character and unquestionable integrity Willingness and ability to efficiently work in a team Good oral and written communication skills
• Must be a self-starter, highly motivated, organized, and detail-oriented Model and demonstrates effective Christian leadership
• Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is added advantage Motor cycle driving license

Mode of Application:

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to; [email protected]

The position should be the subject of the email application.

OR; through the postal address below:

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited,

P.O. Box 1546,

Arusha, TANZANIA.

The application should reach the undersigned not later than 20th January 2023.