Senior Manager, Recovery at Akiba Commercial Bank

Company: Akiba Commercial Bank Plc (ACB)
Position: Senior Manager, Recovery
Location: Dar es Salaam
Job Function: Credit Recovery / Risk Management

JOB PURPOSE

The Senior Manager, Recovery is 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.

THE ROLE

• 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 may be delegated or assigned from time to time.

THE CANDIDATE

• 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.

APPLICATION INSTRUCTIONS

Interested and qualified candidates should submit their CV via email to:

Email: [email protected]

APPLICATION DEADLINE

The advert contains two different closing dates:

• The main vacancy notice states 18 September 2026 at 5:00 PM.
• The application instructions state not later than 16 September 2026.

Applicants should therefore verify the correct deadline with Akiba Commercial Bank Plc or apply by the earlier date to avoid missing the opportunity.

CONTACT INFORMATION

Toll Free: 0800 750 336
Email: [email protected]
WhatsApp Channel: Akiba Commercial Bank Plc