Recovery Manager
2026-04-03T09:56:40+00:00
Victoria Finance
https://cdn.greattanzaniajobs.com/jsjobsdata/data/employer/comp_1586/logo/Victoria%20Finance%20PLC.png
https://victoriafinance.co.tz/
FULL_TIME
Mwanga Tower Building New Bagamoyo road, Kijitonyama
Dar es Salaam
Dar es Salaam
00000
Tanzania
Financial Services
Management, Accounting & Finance, Business Operations, Legal
2026-04-15T17:00:00+00:00
8
Background
Victoria Finance Plc (VFP) is a leading microfinance company in Tanzania. Established in 2009 and started operation in 2010. The company is a regulated microfinance institution dedicated to providing microfinance services to low and middle-income earners, women, and youths in Tanzania. The company currently has seven branches and one insurance broking subsidiary company – Victoria Insurance Brokers Limited which was established in 2017. Victoria Finance has established branches in Dar es Salaam, Morogoro, Iringa Mbeya and Dodoma with ability to serve smallholder farmers in more than thirteen regions through its digital agriculture products – Kilimo Pesa.
The Company is inviting applications from qualified, experienced and result-oriented professionals to fill the position of Recovery Manager.
Position Details
The Recovery Manager is responsible for maximizing loan portfolio recoveries through effective management of delinquent and non-performing loans (NPLs). The role ensures that Victoria Finance PLC maintains healthy portfolio quality, complies with internal credit policies and applicable laws, and minimizes credit losses while preserving customer relationships and the company’s reputation.
Key Responsibilities
- Manage and improve loan recovery performance and reduce NPLs
- Supervise recovery officers and set recovery targets
- Implement effective recovery strategies, restructurings, and settlements
- Coordinate legal recoveries, repossessions, and auctions
- Ensure compliance with internal policies and regulatory requirements
- Prepare recovery and portfolio performance reports for management
Qualifications and Experience
- Bachelor’s degree in finance, Business, Economics, Law, or related field
- Minimum 8 years’ experience in credit recovery or collections
- At least 3 years in a supervisory/managerial role
- Strong negotiation, leadership, and analytical skills
- Manage and improve loan recovery performance and reduce NPLs
- Supervise recovery officers and set recovery targets
- Implement effective recovery strategies, restructurings, and settlements
- Coordinate legal recoveries, repossessions, and auctions
- Ensure compliance with internal policies and regulatory requirements
- Prepare recovery and portfolio performance reports for management
- Strong negotiation, leadership, and analytical skills
- Bachelor’s degree in finance, Business, Economics, Law, or related field
JOB-69cf8ed8e5b00
Vacancy title:
Recovery Manager
[Type: FULL_TIME, Industry: Financial Services, Category: Management, Accounting & Finance, Business Operations, Legal]
Jobs at:
Victoria Finance
Deadline of this Job:
Wednesday, April 15 2026
Duty Station:
Mwanga Tower Building New Bagamoyo road, Kijitonyama | Dar es Salaam | Dar es Salaam
Summary
Date Posted: Friday, April 3 2026, Base Salary: Not Disclosed
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JOB DETAILS:
Background
Victoria Finance Plc (VFP) is a leading microfinance company in Tanzania. Established in 2009 and started operation in 2010. The company is a regulated microfinance institution dedicated to providing microfinance services to low and middle-income earners, women, and youths in Tanzania. The company currently has seven branches and one insurance broking subsidiary company – Victoria Insurance Brokers Limited which was established in 2017. Victoria Finance has established branches in Dar es Salaam, Morogoro, Iringa Mbeya and Dodoma with ability to serve smallholder farmers in more than thirteen regions through its digital agriculture products – Kilimo Pesa.
The Company is inviting applications from qualified, experienced and result-oriented professionals to fill the position of Recovery Manager.
Position Details
The Recovery Manager is responsible for maximizing loan portfolio recoveries through effective management of delinquent and non-performing loans (NPLs). The role ensures that Victoria Finance PLC maintains healthy portfolio quality, complies with internal credit policies and applicable laws, and minimizes credit losses while preserving customer relationships and the company’s reputation.
Key Responsibilities
- Manage and improve loan recovery performance and reduce NPLs
- Supervise recovery officers and set recovery targets
- Implement effective recovery strategies, restructurings, and settlements
- Coordinate legal recoveries, repossessions, and auctions
- Ensure compliance with internal policies and regulatory requirements
- Prepare recovery and portfolio performance reports for management
Qualifications and Experience
- Bachelor’s degree in finance, Business, Economics, Law, or related field
- Minimum 8 years’ experience in credit recovery or collections
- At least 3 years in a supervisory/managerial role
- Strong negotiation, leadership, and analytical skills
Work Hours: 8
Experience in Months: 36
Level of Education: bachelor degree
Job application procedure
Interested in applying for this job? Click here to submit your application now.
Please send your application and CV to:
Managing Director, Victoria Finance Plc
P.O Box 12102
Mwanga Tower Building
New Bagamoyo road, Kijitonyama
Dar es Salaam.
Deadline: 15th April 2026
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