Overview

Vision Fund Tanzania Microfinance Bank Lid (VFT MFN) formerly known as SEDA is a fast growing and reputable Microfinance Bank (MFB), has a loan book of Tshs. 24 billion and 54,000 customer base, more than 5,000 of them being smallholder farmers. VFT is seeking to employ dynamic and committed Tanzanian young men & women who have a passion for people’s economic development to fill in the vacant positions detailed here below;
Work Reference No 6

Position: Recovery Officers
Reporting to: Branch Manager/Business Center Manager

ABOUT OUR WORKING ENVIRONMENT & REMUNERATION.
Vision Fund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually..

RESPONSIBILITY:

• To investigate the reasons for loans nonpayments and write-offs in branches,
• Recovery of bad/written off loans.

MAIN TASKS

• Collects and recovers written off loans.
• Coordinates the recovery and sales of collateral.
• Collects outstanding non-performing loans of the past 90 days.
• Properly documents loan recovery process
• Ensures that the branch/Business center meets the recovery targets
• Coordinates the work of debt collectors, loan officers in all recovery exercises

Required Minimum Qualifications, Knowledge and skills

• University degree in economics, accounting or business administration or equivalent;
• A minimum of two years of working experience as a Loan Officer or Recovery officer
• Good communication skills Willingness and ability to efficiently work in a team Able to work under pressure
• Good knowledge of economic and financial topics and sufficient experience in the loan business of VFT-MFB is an added advantage

Job Education Requirements: Not Specified
Job Experience Requirements: Not Specified 

Job application procedure

Application letters stating the position applied with photocopies of certificates and CVs with three referees should be sent EITHER online to VitHRstaff@vftz.co.tz OR through the postal address below.

The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P. O. Box 1546,
Arusha.

TANZANIA.

The application to reach VFT-MFB not later than two weeks after the first appearance of this advertisement N.B. Only short-listed candidates will be contacted

Disclaimer VisionFund Tanzania Microfinance Bank would like to announce to the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf Apply before 30th April 2019.