Assistant Manager – Credit Monitoring and Recovery (NPA Management)

Exim Bank (Tanzania) Ltd, is a locally established commercial Bank in Tanzania since August 1997. It continues to remain in the forefront of providing quality banking services in the Country. Within a short span of 18 years of its existence, the Bank has built strong brand equity through its geographical reach, innovative products, relationship management and ability to provide a faster turnaround in services; and in the process building a loyal customer base.

It is the first bank in Tanzania to have established banking footprint overseas – Union of Comoros (2007) &Republic of Djibouti (2011).

Currently, they are a seeking a Assistant Manager – Credit Monitoring and Recovery (NPA Management) to be based in Tanzania.

Reporting to: Head Credit

Purpose of Role

Monitoring of accounts causing concern and classified accounts including suit filed accounts. 

 

Key Areas of Responsibilities:

  • To identify accounts which are above sanctioned limits/ expiry of limits/ where full compliance of terms of sanction remains pending/ showing other early warning signals, causing concern
  • To follow up on all the 4 categories stated above to bring about improvement/rectification of unsatisfactory features and to escalate issues to higher management
  • Meeting recovery targets
  • Reminder letters to such credit customers
  • Attending customers issues and correspondence
  • Restructuring/ rescheduling/ compromise
  • Preparation of BOT returns, Board papers, covenants for loans from DFIs and other related MIS 
  • Classification of credit accounts
  • Provision requirements as per BoT and IFRS
  • Handling of various audits including external and internal
  • Identifying accounts for filing of suits
  • Write off of accounts as per guidelines

 


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