GENERAL

Job Title: Manager – Business Rehabilitation
Department: Credit
Job Grade: C1 / C2
Reports to: Senior Manager – Special Assets Management

BASIC PURPOSE

To manage the distressed loan portfolio under the Special Assets Management Unit by proactively devising strategies to turn around Non-Performing Loans (NPLs). The role also involves client relationship management to ensure compliance with credit facility terms and conditions, with the ultimate objective of maximizing loan collection and improving overall loan book quality.

MAIN DUTIES AND RESPONSIBILITIES

Review non-performing loans to assess status and recommend appropriate measures to maximize loan collection and recovery
Negotiate with customers on turnaround or recovery options where turnaround strategies have failed
Prepare credit proposals on turnaround/workout options for management consideration and approval
Conduct periodic reviews of customers’ business and financial performance and provide recommendations to management
Carry out business and security visits and prepare call reports with monitoring recommendations
Handle and manage customer queries, providing timely responses and advice to maintain strong bank–customer relationships
Ensure physical verification of collateral, proper perfection, adequate insurance coverage, and valid valuation reports in line with bank policy
Monitor loan covenants and ensure compliance
Detect early warning signals and take timely corrective actions
Perform any other duties as assigned by the supervisor from time to time

KNOWLEDGE, SKILLS AND EXPERIENCE

Excellent financial and business analytical skills
Strong business and client relationship management skills
Sound knowledge of finance and accounting
Minimum of 8 years’ banking experience, specifically in management of Corporate and/or SME loans
Computer literacy

PERSONAL COMPETENCIES

Strong communication and negotiation skills
Ability to work under pressure
Sound judgement and decision-making ability
Self-driven and proactive
Strong problem-solving skills
Customer- and service-oriented mindset
Supportive and solution-seeking approach
Ability to think proactively
Team player with strong relationship-building skills
High level of trustworthiness and integrity
Strong focus on results delivery

EDUCATIONAL QUALIFICATION REQUIREMENTS

Bachelor’s Degree from a recognized university, preferably in Banking, Commerce, Economics, Accounting, or a related field
Master’s Degree in a related field is an added advantage

APPLICATION INSTRUCTIONS

Candidates who meet the above criteria should submit:

Application cover letter
Detailed CV/Resume
Copies of relevant certificates and testimonials

All documents must be combined into a single PDF file, quoting the Job Title or Reference Number in the email subject line and sent to:

📧 TZRecruitment@equitybank.co.tz

🗓 Application Deadline: Monday, 23 February 2025

Only shortlisted candidates will be contacted.

EQUAL OPPORTUNITY & DATA PRIVACY

Equity Bank Tanzania Limited is an equal opportunity employer and values diversity in the workplace.

By submitting your application, you consent to Equity Bank Tanzania Limited collecting and processing your personal data strictly for recruitment, selection, and employment purposes in accordance with the Data Protection and Privacy Act, Cap 97, and the Bank’s Data Privacy Policy. Personal information will be treated with the highest level of confidentiality and will not be disclosed to unauthorized third parties except where required by law or regulatory obligation.

To apply for this job email your details to TZRecruitment@equitybank.co.tz

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