Recovery Officer Jobs at UNITED BANK FOR AFRICA (TANZANIA) LIMITED.

UNITED BANK FOR AFRICA (TANZANIA) LIMITED.
United Bank for Africa Plc is one of Africa's leading financial institutions offering banking services to more than 7 million customers across 750 branches in 19 African countries. With presence in New York, London and Paris, UBA is connecting people and businesses across Africa through retail and corporate banking, innovative cross border payments, trade finance and investment banking.

Position: Recovery Officer (1 Post)

Location: Head Office, Dar es salaam.

Job Type: Full-time.

DUTIES AND RESPONSIBILITY

 Supervise and implement workout arrangement
 Review of memorandum and Non – Performing loan data base
 Review repayment proposals
 Review management report to refocus recovery drive
 Achieve recovery target in line with advised budget
 Manage relationship with debtor customer e.g. request for interest concession/ waivers write off request, restructuring of accounts
 Supervise appropriate restructuring strategies for each classified name
 Provide daily, weekly and monthly recovery report to the Chief Credit Officer
 Provide daily payment reports to debt collection agency.
 Liaise with debt collection agency regarding debts until finalized.
 Reconcile outstanding debts and raise associated costs regarding debt recovery action.
 Determine the appropriate recovery action and refer matters to debt collection agency where necessary.
 Monitor and analyse overdue Debtor accounts.
 Ensures that all outstanding repayments referred from credit department are recovered.
 Ensures effective and efficient monitoring of repayments.
 Visits Debt collection agencies constantly as scheduled to speed up recoveries.
 Represents the Bank in court and assist in court process as may be required.
 Ensure regular inspection of residences, business locations and all collateral used for the loan facility.
 Reporting’s of “dud” cheques to the law enforcement agencies especially recalcitrant clients.
 Segments portfolio and recommend appropriate strategies for repayment

Key Competencies

 Excellent Communication skills both written and spoken,
 Time management Skills,
 Ownership and Commitment,
 Customer Focus,
 Market Awareness,
 Continuous Innovation,
 Interpersonal skills,
 Negotiation skills and analytical skills.

Qualificationsand Experience

Eligible candidates must possess:

 Bachelor’s degree/Diploma from a recognized University/College

 Sound knowledge of Banking operations, policies and procedures

 Computer literacy especially in the use of Microsoft package

 Minimum of 3 years’ experience in collections/recovery.

 MinimumFive (5)Ordinary Level credits (including Math and English) is compulsory,

General Conditions
 Applicants must attach an up-to-date Curriculum Vitae (CV) having reliable contacts; postal address/post code, e-mail and telephone numbers
 Applicants should apply on the strength of the information given in this advertisement;
 Certificates from foreign examination bodies for Ordinary or Advanced level education should be verified by The National Examination Council of Tanzania (NECTA) and National Council for Technical Education (NACTE)
 Certificates from Foreign Universities should be verified by The Tanzania Commission for Universities (TCU)
 Applicants must attach their certified copies of the following certificates;

 Postgraduate/Degree/Advanced Diploma/Diploma/Certificates;
 Postgraduate/Degree/Advanced Diploma/Diploma transcripts;
 Form IV and Form VI National Examination Certificates;
 Birth certificate.
NB:Please Note That Form IV Result Slip, Form VI Results Slip, Testimonialsand All Partial Transcripts Will Not Be Accepted.

How to Apply for The Job
Applications to be sent to Recruitment.Tanzania@ubagroup.Comand not otherwisebefore Tuesday,02nd October 2018.Only shortlisted candidates will be contacted.

Please note that UBA Bank does not charge a fee at any stage of the recruitment process (application, interview, meeting, processing or any other fees).

Human Capital Management,
United Bank for Africa (Tanzania) Ltd,
30 C/ 30 D Nyerere Road,
P.O Box 80514.
Dar Es Salaam, Tanzania.