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13 Apr 2021

Recovery Officers at VisionFund Tanzania Microfinance Bank

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Job Description

VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of TZS. 17 Billion and 30,000 customer base, more that 5,000 of them being small holder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s econom­ic development to fill in the vacant positions detailed here below;

Work reference no. 004

Position: Recovery Officers

Reporting to: Recovery Coordinator

PURPOSE OF POSITION

To investigate the reasons for loans non-repayment and write offs in centers and Recovery of bad/written off loans.

Main tasks

  1. Collects and recovers written off loans
  2. Coordinates the recovery and sales of collateral
  3. Collects outstanding non-performing loans of past 90 days
  4. Properly documents loan recovery process
  5. Ensures that the Branch/Business Centre meets the recovery targets
  6. Coordinates the work of debt collectors, loan officers in all recovery exercises

Education/Experience

  • Bachelor Degree in Economics, Accounting, Marketing, Business administration and Community Development.
  • A minimum of two years working experience in Microfinance (Loan/Recovery Officer)

Special / Personal Abilities

  • Excellent character and unquestionable integrity
  • Willingness and ability to efficiently work in a team
  • Good Oral and written communication skills
  • Have a very clean bill of health willingness to take on field work
  • Must be a self-starter, highly motivated, organized, and detail-oriented
  • Model and demonstrates effective Christian leadership
  • Good knowledge on economic and financial topics and sufficient experience in the loan business of VFT-MFB is added advantage
  • Motor cycle driving license

About our working environment & remuneration.

VisionFund 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.

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Method of Application

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and pro­fessional certificates; detailed CV’s with three referees to [email protected]. The position should be the subject of the email application. OR through the postal address below.

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited

P. O. Box 1546,

Arusha TANZANIA.

The application should reach the undersigned not later than 25th April 2021.

N.B. Only short-listed candidates will be contacted

Disclaimer VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf





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