MANAGER – CREDIT RECOVERY @ EXIM BANK TANZANIA
Exim Bank Tanzania is seeking a dedicated and experienced professional to join our team as a Manager – Credit Recovery within the Special Assets Management department. This role is pivotal in safeguarding the bank's financial health by actively monitoring credit accounts that demonstrate signs of distress. The successful candidate will be responsible for implementing strategic recovery measures to address non-performing and written-off loans while ensuring compliance with internal policies and regulatory standards.
The Manager will serve as a key point of contact for distressed credit portfolios, conducting thorough business assessments and facilitating productive negotiations with customers to establish viable repayment plans. This position requires a proactive individual who can balance firm recovery actions with the need for maintaining positive client relationships, while also coordinating closely with internal legal teams and external debt recovery agencies to maximize asset realization for the bank.
The Manager will serve as a key point of contact for distressed credit portfolios, conducting thorough business assessments and facilitating productive negotiations with customers to establish viable repayment plans. This position requires a proactive individual who can balance firm recovery actions with the need for maintaining positive client relationships, while also coordinating closely with internal legal teams and external debt recovery agencies to maximize asset realization for the bank.
Key Requirements
Bachelor’s degree in Banking, Finance, or a related field.
Minimum of 5 years of experience in credit risk, loan recovery, or a relevant banking sector role.
Comprehensive knowledge of banking laws, regulations, and recovery procedures in Tanzania.
Exceptional negotiation skills to manage difficult client interactions and repayment agreements.
Strong analytical capabilities to evaluate business performance and financial data.
Proven ability to prepare detailed management reports, board papers, and regulatory submissions.
Proficiency in managing external debt recovery agencies and legal coordination.
Strong interpersonal and professional communication skills.
Ability to handle high-pressure environments and meet recovery targets.
Proficiency in banking software and Microsoft Office Suite for reporting and tracking.