Manager Loan Recovery , Diamond Trust Bank

DTB is looking for capable and qualified individuals to fill the following positions:

Manager Loan Recovery (Head Office - DSM) 

The incumbent will be a member of business support with responsibility for ensuring the delivery of recovery strategies to a portfolio of Customers experiencing financial distress. 

Key Responsibilities: 
lead detailed negotiations with Customers regarding the exit recovery strategy. 
Lead proactive formulation and implementation of strategies on managed exits/recoveries. 
Manage Customers and recover debts from them in a professional manner which leaves a good impression of them about the Bank. 
Ensure appropriate recovery is achieved and generally provide pragmatic and effective legal support on impaired debts of the Bank. 
Assist in preparation and submission of necessary returns to the local regulatory authorities on impaired debts. 
Assist in preparation of summons, instructions to extremal lawyers and manage recovery of debts through the Courts, including disposals of debtors' assets. 
Manage relationships with external service provider such as liquidators, Executors, Police, Messengers of the Courts, Accountants, Receivers, Judicial Managers, Valuators, etc. 

Educational Qualifications 
Bachelor's degree in Corporate Finance and insolvency laws, professional banking qualifications or a related field of study or 'equivalent combination of education and related work experience. 

Experience & Competencies Required 
Minimum 5 years working experience in banking industry. 
Good understanding of the role of loan recoveries. 
Previous experience of managing impaired loan portfolio. 
Good knowledge of the legal system, laws regarding recoveries of bad loans and security issues. 
Proactive individual who thrives in a multi-facetted professional environment. 
Maintaining the security and integrity of the Bank's data. 

APPLICATION INSTRUCTIONS:

If you meet the above requirements email your:
i. Covering letter clearly indicating preferable position.
ii. Your CV with copies of Form IV, Form VI and Bachelor/Master Degree certificates transcripts.

The Application must be send digitally only through recruitmentoctober@diamondtrust.co.tz 

Deadline : 15th November 2015

SOURCE : THE GUARDIAN OCT 22 , 2015