New Vacancies at EXIM Bank

 

EXIM BANK

Innovation is Life

WE ARE HIRING

Job Title: Manager – Credit Recovery

Position: 1

Reporting To

Senior Manager – Special Asset Management

Responsible For

Recovery of Defaulted Credit Loans

Department

Special Assets Management

Region

Dar es Salaam

Working Hours

8:00 AM – 5:00 PM, Monday to Friday. Additional hours may be required depending on workload.

Purpose of the Job

The Manager – Credit Recovery is responsible for monitoring accounts showing signs of concern, preventing deterioration into non-performing status, and implementing effective recovery strategies for non-performing and written-off accounts. The role ensures timely recovery of outstanding debts while maintaining compliance with internal policies and regulatory requirements.

Key Responsibilities

• Identify accounts exceeding sanctioned limits, expired facilities, or those with incomplete compliance requirements.
• Drive the achievement of recovery targets for Non-Performing Loans (NPLs) and written-off accounts.
• Engage customers through telephone calls, meetings, and written correspondence to negotiate repayment arrangements.
• Recommend settlements, rescheduling, or compromise solutions where appropriate.
• Prepare management reports, Board papers, and regulatory submissions.
• Ensure compliance with internal policies, banking regulations, and recovery procedures.
• Propose and support accounts for write-offs in accordance with regulatory and internal requirements.
• Recommend and document accounts to be abandoned from the Special Assets Management (SAM) portfolio following exhaustive recovery or settlement processes.
• Coordinate internal and external audits and ensure timely resolution of audit findings.
• Identify accounts requiring legal action and coordinate with legal teams.
• Represent the Bank in court proceedings when required.
• Represent the Bank during Bank and Court auctions.
• Manage and supervise External Debt Collectors (EDCs).

Decision-Making Authority

• Negotiate repayment plans with delinquent customers.
• Issue reminder letters and legal demand notices.
• Engage third-party recovery agents where necessary.
• Conduct customer visits to assess business performance and repayment capacity.

Qualifications and Experience

• Bachelor's Degree in Banking, Finance, or a related field.
• Minimum of five (5) years of experience in a credit risk or credit recovery environment.
• Strong knowledge of banking legal and regulatory frameworks.
• Excellent analytical and problem-solving skills.
• Strong communication, negotiation, and interpersonal skills.

How to Apply

Interested candidates should send their CV and Cover Letter to:

[email protected]

Application Deadline: 24th July 2026

Note: Only shortlisted candidates will be contacted.

Exim Bank (T) Ltd is an equal opportunity employer committed to fostering a diverse workplace and maintaining a gender-balanced workforce. Women and persons with disabilities are highly encouraged to apply.

For More Information

Call: 0800 780 111

Website: www.eximbank.co.tz