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About this job
Akiba Commercial Bank PLC - Senior Manager, Recovery
Position Overview
Based in Dar es Salaam, the Senior Manager, Recovery will be responsible for developing and implementing recovery strategies, managing non-performing assets, maximizing recoveries, minimizing credit losses, and ensuring effective arrears management while leading a high-performing recovery team.
The Role
Develop and implement recovery strategies, policies, and processes.
Drive achievement of recovery targets and enhance recovery performance.
Manage and monitor non-performing and impaired credit facilities.
Recommend and implement appropriate recovery actions, including restructuring, settlements, litigation, and asset realization.
Supervise debt collectors, auctioneers, and the Recovery team to ensure optimal performance.
Prepare recovery plans, portfolio reports, and management updates.
Ensure compliance with internal policies, regulatory requirements, and risk management standards.
Identify recovery risks and recommend appropriate mitigation measures.
Performing any other duties as may be delegated or assigned from time to time.
Qualifications and Experience
Bachelor’s degree in Banking, Finance, Business Administration, Law, or a related field.
Minimum of 10 years’ banking experience, including at least 5 years in a managerial role.
Proven experience in credit recovery, distressed asset management, and loan restructuring.
Strong knowledge of credit risk management, recovery strategies, and relevant legal frameworks.
Excellent analytical, negotiation, leadership, and communication skills.
Application Instructions
Please submit your CV through the email address below:
Email: recruitment@acbbank.co.tz
Closing Date: 18th September 2026, 5:00 PM
Position Overview
Based in Dar es Salaam, the Senior Manager, Recovery will be responsible for developing and implementing recovery strategies, managing non-performing assets, maximizing recoveries, minimizing credit losses, and ensuring effective arrears management while leading a high-performing recovery team.
The Role
Develop and implement recovery strategies, policies, and processes.
Drive achievement of recovery targets and enhance recovery performance.
Manage and monitor non-performing and impaired credit facilities.
Recommend and implement appropriate recovery actions, including restructuring, settlements, litigation, and asset realization.
Supervise debt collectors, auctioneers, and the Recovery team to ensure optimal performance.
Prepare recovery plans, portfolio reports, and management updates.
Ensure compliance with internal policies, regulatory requirements, and risk management standards.
Identify recovery risks and recommend appropriate mitigation measures.
Performing any other duties as may be delegated or assigned from time to time.
Qualifications and Experience
Bachelor’s degree in Banking, Finance, Business Administration, Law, or a related field.
Minimum of 10 years’ banking experience, including at least 5 years in a managerial role.
Proven experience in credit recovery, distressed asset management, and loan restructuring.
Strong knowledge of credit risk management, recovery strategies, and relevant legal frameworks.
Excellent analytical, negotiation, leadership, and communication skills.
Application Instructions
Please submit your CV through the email address below:
Email: recruitment@acbbank.co.tz
Closing Date: 18th September 2026, 5:00 PM