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Sunday, 19 June 2016

Job Opportunity at Tanzania Workforce Management And Consultancy, Application Deadline 21 June 2016

NAFASI YA KAZI TANZANIA WORKFORCE MANAGEMENT AND CONSULTANCY LTD MWISHO TAREHE 21 JUNE 2016

Job Description
Job title: Unit Head Recovery
Location: Dar es Salaam
Reporting to: Head of Credit
Client: Banking


Role Purpose
Responsible for coordination and implementation of the restructuring and recovery activities for
the Non-Performing Loan portfolio of the bank

Responsibilities & duties

    Initiate and develop restructuring and recovery strategies towards reduction of nonperforming loans (NPL) levels as targeted by bank’s management.
    Management of non-performing loans to ensure credit and other risks are properly
    identified and assessed with specific focus on top 20 largest NPLs.
    Supervise, guide and manage the On-balance sheet and Off-Balance Sheet Credit Recovery Teams.
    Managing the NPLs committee meetings and acting as secretary to the committee.
    Liaison with Legal Department and external advocates to ensure recovery cases lying in the courts are progressed to completion.
    Provide professional judgment to ensure proper impairment level/provisions is taken consistent with BOT/IFRS regulations/guidelines and bank’s internal policy
    Develop general framework for collections and recoveries of all bank’s loan products.
    Coordinate and manage all banks appointed external agencies (debt collectors, auctioneers, receiver managers, lawyers etc.) and other third party vendors.
    Supervise and coordinate preparation/submission of statutory and regulatory reports required by the bank.
    To provide professional business support to resolve challenges faced by stressed clients.
    To review and recommend loan write-off and abandonment in accordance with BOT regulations and provide recommendation for Board approval.
    Quarterly credit portfolio review and monthly review of loan portfolio quality report and make recommendations for corrective measures.

Academic qualifications
Essential

    Bachelor’s Degree Finance, Economics/Accounting, law
    Professional Qualifications CPA (T) CPB
    Additional qualification: Master’s Degree Business Administration

Applications: Send your CV through; info@workforceconsult.com
Deadline: 21st June 2016