Tanzania Postal Bank (TPB) seeks to appoint dedicated
, self-motivated and highly organized Credit 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, visitsand 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.

Tanzania Postal Bank is an established Bank by the Act No. 11 of 1991 as
amended by Act No. 11 of 1992. TPB is a Bank that provides competitive
financial services to our customers and creates value for our stakeholders
through innovative products.

TPB is a Bank, whose vision is “to be the leading bank in Tanzania in the
provision of affordable, accessible and convenient financial services”. As part
of effective organizational development and management of its human capital
in an effective way, TPB commits itself towards attaining, retaining and
developing the highly capable and qualified workforce for TPB betterment and
the Nation at large.

  • 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:

Apply Online Through
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.
Tanzania Postal Bank is an Equal Opportunity Employer and is very committed to environmental, health and safety Management.

Tanzania Postal Bank has a strong commitment to environmental, health and safety management. Late applications will not be considered. Short listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment and reference checking.

Avoid scams : NEVER pay to have your CV / Application pushed forward.