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Jobs in Tanzania 2025: New Job Opportunities at Akiba Commercial Bank Plc (ACB) 2025
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Akiba Commercial Bank Plc (ACB) Jobs 2025Senior Manager Recovery
Job Type: Full-time
WE ARE HIRING
Open Position:
Senior Manager Recovery
The Senior Manager Recovery has primary responsibility of managing the Banks Recovery Unit and lead the proactive monitoring/supervision of non-performing asset. The role focuses on developing and implementing strategic recovery plans for non-performing assets (NPAs), managing recovery teams, ensuring compliance with regulatory requirements, and minimizing credit losses while maintaining strong client relationships.
THE ROLE
• Monitoring and supervising the daily collection of delinquent accounts.
• Supervise the work of debt collectors and auctioneers to optimize performance and maximize results.
• Take over assets deemed non-performing or impaired or risk of becoming non-performing or impaired from Portfolio Officers in a structured and documented fashion.
• Analyze non-performing and impaired or potentially non-performing and impaired transactions.
This includes financial and legal due diligence analysis.
• Ensure that all risks are identified, assessed and/or reported and appropriate actions are recommended for protecting the organization’s interest.
• Ensure compliance with established policies, procedures and internal controls to protect the organization’s interest
• Prepare recovery plans to include recommendations on when to realize losses, release any rights/security interests, and make material changes in transactions.
• To ensure efficient follow-up of severe cases of arrears of loans repayment to reach a realistic and affordable repayment plan which is informed where possible by an accurate financial statement.
• Lead achievement of recovery targets to contribute to organization’s financial performance.
• Develop annual plans and budgets incorporating inputs from the department team, Recovery
Area managers and Recovery Officers.
• Ensuring compliance with ACB policies and methodology, including adherence to Client Protection
Principles and customer service standards.
• Supervision of staff to ensure that business targets of the Department are achieved.
• Report any internal control deficiencies to General Risk & Compliance.
• Liaison with the General Risk & Compliance in co–coordinating staff and to ensure that business targets of the Unit are achieved.
• Responsible for building a strong and professional team of Recovery Officers through coaching, on-job training, personal example and constant feedback.
• Develop, motivate and effectively manage staff to ensure achievement of department’s objectives and standards.
• Mentor and coach the Staff team in Branches on Arrears Management
• Proactive self-education on existing procedures and products
THE CANDIDATE
Academic:
• Bachelor’s degree in finance, Law, Business Administration, Banking, or related field; master’s degree is an added advantage.
Desired work experience:
• Minimum 7 years of banking experience,5 years of which in a managerial position
• Demonstrated leadership skills with good command of both oral and written English
• Ability to balance opposing business requirements.
• Able to provide advice and cause/effect evaluation to support business decision making
• Good at managing large volumes of information and can add value through management reporting.
• Strong service ethic
• Ambitious and committed personality
• Highly motivated, energetic and enthusiastic
• Diplomatic
• Outstanding leadership, communication and customer service skills
• In-depth knowledge of loan recovery processes, credit risk management, and relevant legal frameworks.
• Proven track record of managing recovery in large and complex loan portfolios.
• Strong leadership, negotiation, and decision-making skills.
• Excellent analytical, communication, and interpersonal skills.
APPLICATION INSTRUCTIONS
This is Full-time Job, If you meet the above requirements and ready for great challenges
Email Your Covering letter and Curriculum vitae to: recruitment@acbtz.com
Deadline: May 24th, 2025.
Go to our Homepage To Get Relevant Information. Only shortlisted candidates will be contacted.
Ajira Mpya Akiba Commercial Bank PLC (ACB) May 2025
Senior Manager Recovery at Akiba Commercial Bank PLC (ACB) May 2025Job Type: Full-time
WE ARE HIRING
Open Position:
Senior Manager Recovery
The Senior Manager Recovery has primary responsibility of managing the Banks Recovery Unit and lead the proactive monitoring/supervision of non-performing asset. The role focuses on developing and implementing strategic recovery plans for non-performing assets (NPAs), managing recovery teams, ensuring compliance with regulatory requirements, and minimizing credit losses while maintaining strong client relationships.
THE ROLE
• Monitoring and supervising the daily collection of delinquent accounts.
• Supervise the work of debt collectors and auctioneers to optimize performance and maximize results.
• Take over assets deemed non-performing or impaired or risk of becoming non-performing or impaired from Portfolio Officers in a structured and documented fashion.
• Analyze non-performing and impaired or potentially non-performing and impaired transactions.
This includes financial and legal due diligence analysis.
• Ensure that all risks are identified, assessed and/or reported and appropriate actions are recommended for protecting the organization’s interest.
• Ensure compliance with established policies, procedures and internal controls to protect the organization’s interest
• Prepare recovery plans to include recommendations on when to realize losses, release any rights/security interests, and make material changes in transactions.
• To ensure efficient follow-up of severe cases of arrears of loans repayment to reach a realistic and affordable repayment plan which is informed where possible by an accurate financial statement.
• Lead achievement of recovery targets to contribute to organization’s financial performance.
• Develop annual plans and budgets incorporating inputs from the department team, Recovery
Area managers and Recovery Officers.
• Ensuring compliance with ACB policies and methodology, including adherence to Client Protection
Principles and customer service standards.
• Supervision of staff to ensure that business targets of the Department are achieved.
• Report any internal control deficiencies to General Risk & Compliance.
• Liaison with the General Risk & Compliance in co–coordinating staff and to ensure that business targets of the Unit are achieved.
• Responsible for building a strong and professional team of Recovery Officers through coaching, on-job training, personal example and constant feedback.
• Develop, motivate and effectively manage staff to ensure achievement of department’s objectives and standards.
• Mentor and coach the Staff team in Branches on Arrears Management
• Proactive self-education on existing procedures and products
THE CANDIDATE
Academic:
• Bachelor’s degree in finance, Law, Business Administration, Banking, or related field; master’s degree is an added advantage.
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Desired work experience:
• Minimum 7 years of banking experience,5 years of which in a managerial position
• Demonstrated leadership skills with good command of both oral and written English
• Ability to balance opposing business requirements.
• Able to provide advice and cause/effect evaluation to support business decision making
• Good at managing large volumes of information and can add value through management reporting.
• Strong service ethic
• Ambitious and committed personality
• Highly motivated, energetic and enthusiastic
• Diplomatic
• Outstanding leadership, communication and customer service skills
• In-depth knowledge of loan recovery processes, credit risk management, and relevant legal frameworks.
• Proven track record of managing recovery in large and complex loan portfolios.
• Strong leadership, negotiation, and decision-making skills.
• Excellent analytical, communication, and interpersonal skills.
APPLICATION INSTRUCTIONS
This is Full-time Job, If you meet the above requirements and ready for great challenges
Email Your Covering letter and Curriculum vitae to: recruitment@acbtz.com
Deadline: May 24th, 2025.
Go to our Homepage To Get Relevant Information. Only shortlisted candidates will be contacted.
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