Vacancy title:
Experienced Recovery Officers

[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance]

Jobs at:
BFS Microfinance Limited

Deadline of this Job:
Friday, May 9 2025

Duty Station:
Mwanza | Dar es Salaam | Tanzania

Summary
Date Posted: Tuesday, May 6 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Responsibilities; 

• Recovery officer is responsible for recoveries of outstanding debts as he/she will be assigned.
•  Develop recovery strategy for each case and follow up implementation of the approved  strategy to ensure maximum recoveries are made in line with the business strategies.
• Provide daily, weekly and monthly report on progress of Recovery and Projections for  recoveries.
• Conducting field visits to collect payments or assess collateral.
• Preparing and documenting recovery plans and correspondence.
• Ensuring compliance with relevant laws and regulations. 

General Qualifications; 

•  At least 2 years of experience as Recovery Officer/Loan officer in the respective post from a reputable institution.
• A minimum of at least Diploma and a maximum of A Bachelor Degree in fields of Business, Finance, Economics, Social Sciences and any other related fields
• Should not be less than 20 and not more 35 years of age

Work Hours: 8

Experience in Months: 24

Level of Education: associate degree

Job application procedure
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