Position: Recovery Specialist (8 positions)
Access Microfinance Bank Tanzania Limited (AMBT) is a microfinance bank with strong international shareholders such as AccessHolding, International Finance Corporation, KFW, African Development Bank and MicroVest. AMBT's vision is to commit to developing financial systems that support social progress by providing services to all people with the same ambition of excellence and quality.
Access Microfinance Bank Tanzania Limited provides excellent career development opportunities for qualified and highly motivated professional applicants. In order to support our expansion, we hope to hire a motivated and motivated person to join our bank in the areas where we operate in the country as a recovery specialist subject to commission-dependent terms.
Location: Dar es Salaam and its branches inside the country
Duties and Responsibilities:
Provide daily, weekly and monthly refund progress to line supervisor.
Negotiate, monitor and report on arrangements made with delinquent clients on suspended and canceled loans.
Determine the appropriate recovery procedure and refer matters to a debt collection agency when necessary.
Analyze the assigned portfolio to see if an escalation process has been implemented to allow debt collection.
Liaise with the debt collection agency regarding the assigned debt portfolio to ensure that the recovery process is complete.
Investigate and assign customer guarantees and enforce loan repayment through available information.
Minimum qualifications:
Bachelor's degree or diploma in any field of study.
Previous experience in credit/refund activities or ability to negotiate repayment agreements with clients would be an added advantage.
Good knowledge of the legal system and laws relating to bad loan recovery and enforcement of guarantees.
The ability to continue efforts to recover and effectively recover outstanding and canceled loans.
A hardworking, committed, stable, objective and rational person is required.
Applications must be sent via email to Care@accessmfb.co.tz and do not submit applications more than once. Interested applicants can submit their application letter and CV no later than March 5, 2022.