Job at UBA Bank _Recovery officer

Job Title: Recovery Officer

Company Name: United Bank for Africa (UBA) Tanzania Ltd

Website: Click here

Location: Dar es Salaam

Deadline: 2018-10-02
Overview

United Bank for Africa Plc is one of Africa’s leading financial institutions offering banking services to more than 7 million customers across 750 branches in 19 African countries. With a presence in New York, London and Paris, UBA is connecting people and businesses across Africa through retail and corporate banking, innovative cross-border payments,
trade finance, and investment banking.

Position: Recovery Officer (1 Post)
Location: Head Office, Dar es Salaam.
Job Type: Full-time.

DUTIES AND RESPONSIBILITY

Supervise and implement workout arrangement Review of memorandum and Non – Performing loan database Review repayment proposals Review management report to refocus recovery drive Achieve recovery target in line with advised budget Manage relationship with debtor customer e.g. request for interest concession/ waivers write off request, restructuring of accounts Supervise appropriate restructuring strategies for each classified name Provide daily, weekly and monthly recovery report to the Chief Credit Officer Provide daily payment reports to the debt collection agency.Liaise with the debt collection agency regarding debts until finalized.Reconcile outstanding debts and raise associated costs regarding debt recovery action.Determine the appropriate recovery action and refer matters to the debt collection agency where necessary.Monitor and analyse overdue Debtor accounts.Ensures that all outstanding repayments referred from credit department are recovered.Ensures effective and efficient monitoring of repayments.Visits Debt collection agencies constantly as scheduled to speed up recoveries.Represents the Bank in court and assist in court process as may be required.Ensure regular inspection of residences, business locations and all collateral used for the loan facility.Reporting’s of “dud” cheques to the law enforcement agencies especially recalcitrant clients.Segments portfolio and recommend appropriate strategies for repayment 

Key Competencies

Excellent Communication skills both written and spoken,Time management Skills,Ownership and Commitment,Customer Focus,Market Awareness,Continuous Innovation,Interpersonal skills,Negotiation skills and analytical skills.

Qualification and Experience

Eligible candidates must possess:

Bachelor’s degree/Diploma from a recognized University/College Sound knowledge of Banking operations, policies, and procedures Computer literacy especially in the use of Microsoft package Minimum of 3 years’ experience in collections/recovery. Minimum Five (5)Ordinary Level credits (including Math and English) is compulsory,

General Conditions

Applicants must attach an up-to-date Curriculum Vitae (CV) having reliable contacts; postal address/postcode, e-mail and telephone numbers Applicants should apply on the strength of the information given in this advertisement;Certificates from foreign examination bodies for Ordinary or Advanced level education should be verified by The National Examination Council of Tanzania (NECTA) and National Council for Technical Education (NACTE)Certificates from Foreign Universities should be verified by The Tanzania Commission for Universities (TCU)Applicants must attach their certified copies of the following certificates;Postgraduate/Degree/Advanced Diploma/Diploma/Certificates;Postgraduate/Degree/Advanced Diploma/Diploma transcripts;Form IV and Form VI National Examination Certificates;Birth certificate.

NB: Please Note That Form IV Result Slip, Form VI Results Slip, Testimonials and All Partial
Transcripts Will Not Be Accepted. 

How to Apply for The Job

Applications to be sent to Recruitment.Tanzania@ubagroup.com and not otherwise before Tuesday, 02nd October 2018. Only shortlisted candidates will be contacted. Please note that UBA Bank does not charge a fee at any stage of the recruitment process (application, interview, meeting, processing or any other fees).

Human Capital Management,
United Bank for Africa (Tanzania) Ltd,
30 C/ 30 D Nyerere Road,
P.O Box 80514.
Dar Es Salaam, Tanzania.
APPLY TO Recruitment.Tanzania@ubagroup.com