Recovery Officer Job Vacancy at DCB Commercial Bank

Full Time

Website DCB Commercial Bank

Dar es Salaam Community Bank (DCB), whose official name is DCB Commercial Bank, but is commonly called DCB Bank, is a commercial bank in Tanzania.

Recovery Officer Job Vacancy at DCB Commercial Bank

Recovery Officer

Background

DCB Commercial Bank PLC is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as  well as  large corporate cli- ents. DCB Bank has a wide branch network of over 9 branches, over 700 DCB Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.

We invite suitably qualified candidates to fill the positions of Recovery Officer. The successful candidate will be responsible for analyzing borrowers’ finances, negotiating repayment, and recovering loans plans.

Key Responsibilities:

  • Reviewing accounts that are behind on payments and determining appropriate actions for recovery.
  • Contacting debtors to implement repayment schedules and negotiate favorable terms for debt recovery.
  • Collecting outstanding debts from clients and consistently achieving collection targets.
  • Maintaining an accurate and up-to-date debtor’s book to reflect the status of debts.
  • Providing prompt and accurate responses to inquiries and concerns.
  • Adhering to legal requirements during debt collections.
  • Developing daily, weekly and monthly reports on assigned debt accounts.

Qualifications and Experience

  • Bachelor’s degree from a recognized institution.
  • 1-2 years’ experience in loan recovery.
  • Excellent communication, negotiation and interpersonal skills.

If you believe you are  the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting

reference number DCBRO05/2024  on  the subject of the email. To  be  considered, applications  MUST be submitted through recruitment@dcb.co.tz not later than 16thMay 2024. Hard copy applications will not be accepted.

To apply for this job email your details to recruitment@dcb.co.tz