Established over 68 years ago as a finance house, Diamond Trust Bank has today grown into a leading commercial bank offering a wide spectrum of banking services. Through its affiliation in Uganda, Kenya and Burundi, DTB has a regional presence which none of the peer banks can boast of. DTB Tanzania is consistently ranked amongst the most successful banks in the country with Profit before Tax increasing at a CAGR of 32% over the last S years.
With 20 operational branches in Tanzania and 3 more branches to be opened this year, DTB is now looking for individuals with exceptional educational qualification and experience to fill the following position:
Loan Recovery Officers
Reporting to the Recovery & Investigative Manager. T incumbent will be a member of business support w responsibility for the delivery of recovery strategies to portfolio of Customers experiencing financial distress. T following will be the specific functions of the job-holder-
? Lead detailed negotiations with Customers regarding the exit recovery strategy.
? Lead proactive formulation and implementation of strategies on managed exits/recoveries.
? Manage Customers and recover debts from them in a professional manner which leaves a good impression of them about the Bank.
? Ensure appropriate recovery is achieved and generally provide pragmatic and effective legal support on impaire debts of the Bank.
? Assist in preparation and submission of necessary returns to the local regulatory authorities on impaired debts.
? Assist in preparation of summons, instructions to external lawyers and manage recovery of debts through the Court including disposals of debtors' assets.
? Manage relationships with external service provider such as Liquidators, Executors, Police, Messengers of the Court Accountant's, Receivers, Judicial Managers, Valuators, etc.
EDUCATIONAL QUALIFICATIONS
? Bachelor's degree in Corporate Finance and insolvency laws, professional banking qualifications or a related field of study or equivalent combination of education and related work experience
EXPERIENCE & COMPETENCIES REQUIRED
? Minimum 3 years working experience in banking industry
? Good understanding of the role of loan recoveries.
? Previous experience of managing impaired loan portfolio
? Good knowledge of the legal system, laws regarding recoveries of bad loans and security issues.
If you meet the above requirements send your application letter and curriculum vitae RecruitAug14@diamondtrust.co.tz by 23rd Aug 2014.
DIAMONDTRUST BANK TANZANIA LIMITED
901 Harbour View Towers, Samora Avenue, P.O. Box 115
Tel: +255222114891/2 Fax: + 255 22 2124244
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