Website Stanbic Bank Tanzania
Stanbic Bank Tanzania
Job Description
The successful candidate will be responsible for ensuring that all established procedures and regulatory requirements are adhered to in relation to the Credit Agreements Act, auctioning of movable assets, and vendor management in line with Service Level Agreements (SLAs).
The role involves effectively documenting, processing, insuring, and managing repossessed assets while driving the necessary actions to ensure optimal auction outcomes. The incumbent will also be expected to maintain a strong focus on cost efficiency and compliance throughout the asset recovery process.
Qualifications
Education
- First Degree (Bachelor’s Degree) in:
- Banking
- Finance
- Commerce
- Or a related field
Experience Required
Operations Control – Operations
- 3–4 years of relevant experience in an Operations or Credit Control environment.
- Strong knowledge of:
- Credit control procedures
- Debt collection processes
- Asset recovery and repossession procedures
Key Responsibilities
- Ensure compliance with the Credit Agreements Act and other applicable regulatory requirements.
- Manage the documentation, processing, and insurance of repossessed assets.
- Coordinate the auctioning of movable assets to achieve optimal selling prices.
- Monitor vendor performance and ensure compliance with Service Level Agreements (SLAs).
- Maintain accurate records of repossessed stock and recovery activities.
- Drive cost-effective recovery and disposal processes.
- Ensure adherence to internal controls, policies, and operational procedures.
- Liaise with internal and external stakeholders involved in collections and recoveries.
- Support legal recovery processes where required.
- Monitor and report on recovery performance and asset disposal activities.
Behavioural Competencies
The ideal candidate should demonstrate:
- Attention to Detail
- Documentation and Record-Keeping Skills
- Adherence to Procedures
- Strong Interpersonal Skills
- Task Management
- Ability to Meet Deadlines
- Results-Oriented Approach
- Conflict Resolution Skills
- Composure Under Pressure
- Initiative and Proactiveness
- Teamwork and Collaboration
- Commitment to Quality and Standards
Technical Competencies
Candidates should possess knowledge and experience in:
- Active Listening
- Difficult Calls Management
- Legal Collections
- Legal Compliance
- Product and Service Knowledge
- Recoveries and Asset Repossession
- Workflow Management
Key Areas of Focus
- Credit Control and Debt Recovery
- Asset Repossession Management
- Auction Coordination and Administration
- Vendor and SLA Management
- Regulatory Compliance
- Legal Collections Processes
- Operational Efficiency and Cost Control
- Recovery Performance Monitoring
This role is ideal for a detail-oriented professional with experience in credit control, collections, recoveries, and asset management who can effectively balance compliance requirements, operational efficiency, and recovery performance.
How to Apply:
To submit your application, please follow the link provided below.
To apply for this job please visit www.standardbank.com.
