Senior Manager, Retail Recovery at NMB Bank Plc - Jobs Web Tanzania | PressTZ - Your Number 1 Source of Aggregated Online Content


Senior Manager, Retail Recovery at NMB Bank Plc

Responsible for coordination and implementation of the restructuring and recovery activities for all non-performing loans (NPL) products of the bank and to provide special attention and support to stressed relationships to ensure proper co-ordination and control of all special assets to prevent losses, maximize recoveries and restore profits through rehabilitation, restructuring, work-out and direct recovery.

Main Responsibilities

Assist the Head; SAM to Initiate and develop restructuring and recovery strategies towards reduction of non-performing loans (NPL) levels as targeted by bank’s management.
Management of all Special Assets to ensure credit and other risks are properly identified and assessed.
Provide professional judgment to ensure proper impairment level/provisions is taken consistent with BOT/IFRS regulations/guidelines and the bank’s internal policy.
Develop general framework for collections and recoveries of all bank’s loan products.
Coordinate and manage all of the ban... Continue reading ->

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