Recovery Officers

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

1. Collects and recovers written off loans
2. Coordinates the recovery and sales of collateral
3. Collects outstanding non-performing loans of past 90 days
4. Properly documents loan recovery process
5. Ensures that the Branch/Business Centre meets the recovery targets
6. 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.
nafasi za kazi
• 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; vftHRstaff@vftz.co.tz.

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 20^th January 2023.