Akiba Commercial Bank PLC, Tanzania
Senior Manager, Recovery | Akiba Commercial Bank (ACB) Plc
OpenFull-time· Finance· Apply by 11 Oct 2026
Job Purpose Responsible for developing and implementing recovery strategies, managing non-performing assets, maximizing recoveries, minimizing credit losses, and ensuring effective arrears management while leading a high-performing recovery team. Job Seekers: Join HumanValue Prem
About the role
Job Purpose
- Responsible for developing and implementing recovery strategies, managing non-performing assets, maximizing recoveries, minimizing credit losses, and ensuring effective arrears management while leading a high-performing recovery team.
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Key Responsibilities
- Develop and implement recovery strategies, policies, and processes.
- Drive achievement of recovery targets and enhance recovery performance.
- Manage and monitor non-performing and impaired credit facilities.
- Recommend and implement appropriate recovery actions, including restructuring, settlements, litigation, and asset realization.
- Supervise debt collectors, auctioneers, and the Recovery team to ensure optimal performance.
- Prepare recovery plans, portfolio reports, and management updates.
- Ensure compliance with internal policies, regulatory requirements, and risk management standards.
- Identify recovery risks and recommend appropriate mitigation measures.
- Perform any other duties as assigned from time to time.
Qualifications & Experience
- Bachelor's degree in Banking, Finance, Business Administration, Law, or a related field.
- Minimum of 10 years' banking experience, including at least 5 years in a managerial role.
- Proven experience in credit recovery, distressed asset management, and loan restructuring.
- Strong knowledge of credit risk management, recovery strategies, and relevant legal frameworks.
- Excellent analytical, negotiation, leadership, and communication skills.
How to Apply
- Submit your CV via Email.
Important Note
- The advertisement contains two different closing dates:
- First image: 18 September 2026, 5:00 PM
- Second image: 16 September 2026
- Candidates are advised to apply as soon as possible and verify the final closing date directly with ACB Bank.