Unit Head - Debt Recovery Job at KCB Bank - Career Opportunity in Tanzania
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Vacancy title:
Unit Head - Debt Recovery

[ Type: FULL TIME , Industry: Banking , Category: Management ]

 

Jobs at:

KCB Bank

Deadline of this Job:
25 February 2020  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

Summary
Date Posted: Thursday, February 13, 2020 , Base Salary: Not Disclosed


JOB DETAILS:
Brief Description To provide special attention and support to distressed banking relationships by ensuring proper co-ordination and control of all watch list and non-performing loans thereby preventing losses, maximizing recoveries and restoring profits through rehabilitation, restructuring and direct recovery. The role will have direct measured responsibility for all Pre NPL and NPLs and staff in the Debt Recovery Unit .

Detailed Description
• Initiate and develop rehabilitation, restructuring and recovery strategies towards reduction of non-performing loans (NPL) levels.
• Supervise, guide and manage credit recovery teams.
• Liaison with Legal Department and external advocates to ensure recovery cases progress 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 management, statutory and regulatory reports required by the bank.
• To provide professional business support to resolve challenges faced by distressed clients.
• Quarterly credit portfolio review and monthly review of loan portfolio quality report and make recommendations for corrective measures.
• Managing the NPLs committee meetings and acting as secretary to the committee.


Job Skills: Not Specified


Job Requirements
• Bachelor's degree from a recognized University. Additional professional qualification will be an added advantage
• 5 years in management of which 3 years must be within the credit function.
• Knowledge of credit & non-performing debts policies and other regulatory requirements e.g. BOT Prudential guidelines
• Knowledge of securities documentation and legal remedies available to the bank
• Experience in working closely with lawyers


Job Education Requirements: Not Specified


Job Experience Requirements: Not Specified


Work Hours: 8

 

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Job application procedure
To apply please click here https://tz.kcbgroup.com/about/careers/vacancies/job/7 

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Job Info
Job Category: Banking/ Finance jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 25th February 2020
Duty Station: Tanzania
Posted: 13-02-2020
No of Jobs: 1
Start Publishing: 13-02-2020
Stop Publishing (Put date of 2030): 13-02-2065
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