Jobs in Tanzania: Loan Recovery
Manager at Tanzania Agricultural Development Bank Limited (TADB) October 2018
Jobs in
Tanzania: Loan Recovery Manager at Tanzania Agricultural Development Bank
Limited (TADB) October 2018
Vacancy
title: Loan Recovery Manager
Jobs at:
Tanzania Agricultural Development Bank Limited
Deadline
of this Job: 28th October 2018
Duty
Station: Tanzania
BACKGROUND
OF TADB
Tanzania
Agricultural Development Bank Limited (TADB) is a Government Institution
established under the Companies Act. 2002 and licensed under the provisions of
the Banking and Financial Institutions Act No 5 of 2006 and the Banking and
Financial Institutions (Development Finance) Regulations, 2012. Nafasi za kazi
2018
The bank
has the following key objectives:
To
catalyze credit delivery to the agricultural sector and thereby accelerate
agricultural growth:
To lead.
as an apex agricultural financing bank, in capacity building strategies and
programmes to strengthen the agriculture financial value chain:
To be an
important player in the implementation of the Governments development vision,
policies and programmes, including but not limited to the Tanzania Development
vision 2015, Agricultural
Sector
Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial
Sector Reforms as well as in the furtherance of the National Strategy for
Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA), and Zanzibar
Strategy for Growth and Reduction of Poverty (MKUZA):
To build
on existing agro-financing activities through provision of short, medium and
long-term facilities to the following: smallholder farmers‘ groups. savings and
credit cooperative societies (SACCOS}. community banks, commercial banks and
microfinance institutions (MFls) that are active in lending to the agricultural
sector,’
To
coordinate and monitor agriculture and rural lending activities with a view to
maximizing the impact of agricultural growth by working closely with the
Ministries and institutions responsible for Agriculture. Regional
Administration as well as the numerous players active in this sector,’
To
assist the Government in implementing its policies on enhancing financial
inclusion and economic empowerment in the rural areas.
The TADB
is hereby inviting applications from suitably qualified candidates to fill the
following vacancy:
DSM
Nature and Scope:
The
successful candidate will report to the Director of Credit and Business
Management. Heishe will be responsible for management of all non-performing and
written off loans to maximize recovery and minimize recovery costs in the bank.
Key
Responsibilities:
Develop,
recommends, and implements recovery strategy for the bank:
Undertake
recovery actions timely and in a cost effective manner:
Review
non-performing loan repayment schedule or settlements: Liaise with Legal
department on the securities pledged and take stock of assets pledged:
Visit
defaulters’ sites and take stock of the assets pledged before any
Assigns
files for legal action or collection agency placement:
Prepare,
recommends for approval loan write offs once all sources of recovery have been
exhausted:
Carry
out continuous and on-demand loan recovery activities in the bank.
Carry
out any other related duties as may be assigned to him/her by his/her
Supervisor or Managing Director from time to time.
Qualifications,
Knowledge and Experience:
Post-Graduate
qualifications in Agricultural Economics Et Agribusiness, Rural Development,
Agricultural Extension, Rural Sociology, Economics, or related discipline:
At least
five (5) years relevant working experience in a reputable institution, two (2)
of which must have been in a managerial position: Benki ya maendeleo ya kilimo
Excellent
and well developed interpersonal and organizational skills:
Strong
written and communication skills with ability to write reports in a concise and
focused style:
Must be
a team player, very self-motivated and able to manage and prioritize work load
with minimum supervision:
Highly
developed Computer skills,’
Possession
of knowledge of the banking industry and its related laws. regulations.
policies and procedures will be an added advantage.
REMUNERATION
Tanzania
Agricultural Development Bank Limited is an equal opportunity employer. The
bank offers an attractive remuneration package, career development
opportunities and excellent working environment.
MODE OF
APPLICATION AND DEADLINE
Qualified
candidates should apply in writing to or lodge their applications at the
address shown below enclosing:
Application
letter showing how they meet the requirements of the position:
An
up-to-date Curriculum Vitae:
Contacts
stating name in full telephone numbers and e mail addresses of the candidate:
Copies
of relevant certificates
Names
and full contacts of three (3) referees.
Closing
date: Applications should reach the undersigned not later than 4.00 pm on
Friday. 28th October 2018.
Managing
Director,
Tanzania
Agricultural Development Bank,
4th
Floor Acacia Estates Building, Plot 84 Kinandoni Road, P. O. Box 63372,
14109
DAR ES SALAAM.
Email:
info @tadb.co.tz Nafasi za ajira 2018