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.

VisionFund Tanzania Microfinance Bank Limited Website