CREDIT RISK OFFICERS
(3 POSITIONS)
Tanzania Postal Bank (TPB) seeks to appoint dedicated, self motivated and highly organizedCredit Risk Officers (3 positions) to join the Risk Management and Compliance team. The work
station is Dar es Salaam . Reporting Line: Manager Credit Risks
Locations: Head office
Work Schedule: As per TPB Staff regulations
Division: Business Loans Administration
Salary: Commensurate to the Job Advertised
POSITION OBJECTIVE
1. To Maintain Loan Portfolios of high quality.
2. To support branches in handling defaulters.
Essential Duties and Responsibilities
- Follow up on all non-performing loans with branches through emails, visits and calls, all received feedback should be compiled for further follow up to, Auctioneers and Individual customers.
- Follow up and monitoring of loan repayment arrangements to all branches by ensuring that all received cash are posted and to track unfulfilled Promises to pay feedbacks from Branches. Follow up to all customers with legal repayment arrangements every month especially those who are doing self-deposit under signed legal memorandum of understanding agreements.
- Follow up on all defaulting customers on charged off portfolio and deviations. e.g deceased, skip tracing through branches.
- Ensuring that all accounts which qualify for charged off, are charged off on time after close follow by both branches and credit risk team.
- Rescheduling of all non performing accounts which we have started receiving payments from the customers under special arrangement.
- Identifying all first payment defaulters and sending the list to branches for further follow up.
- Preparing and Submitting weekly performance report to Supervisor.
- Solving the queries and complaints which have been escalated to you in a professional manner.
- Close follow up on all ex-staff with outstanding liability with the Bank.
- Ensuring targets are met on amount collected especially on charged off portfolio.
- Doing all work related activities that may be assigned to you by your line manager.
KEY PERFORMANCE INDICATORS
(i) Minimum level of impairment.
(ii) Target met on amount collected.
(iii) Minimum number of unfulfilled Promises to Pay (PTP) per month.
(iv) Ensure adherence to TPB core values. EXPERIENCE AND KNOWLEDGE REQUIRED
Education: Bachelor degree/Advance diploma in Banking, Economics, commerce,
Business Administration, Any Social science discipline, Finance or
Accounting from any recognized University or equivalent.
Experience: Experience in Loans Recovery/Collections in the Financial
Industry.
Skills /Attributes:
Collections and Recoveries.
The position will attract a competitive salary package, which include benefits.
Applicants are invited to submit their resume (indicating the position title in the subject heading) via e-mail to: recruitment@postalbank.co.tz Applications via other methods will not be considered. Applicants need to submit only the Curriculum Vitae (CV) and the letter of applications starting the job
advertised and the location. Other credentials will have to be submitted during the interview for
authentic check and other administrative measures and should not in any way be attached during
application.