Akiba Commercial Bank Plc

Senior Manager, Recovery

Position: Senior Manager, Recovery
Employer: Akiba Commercial Bank Plc
Duty Station: Dar es Salaam, Tanzania
Employment Type: Full-Time
Closing Date: 18th September 2026, 5:00 PM

Position Overview

The Senior Manager, Recovery will be 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.

Key Responsibilities

• 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.

Qualifications and Experience

• 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.

How to Apply

Interested candidates should submit their CV via email to:

Email: recruitment@acbbank.co.tz

Application Deadline

18th September 2026 at 5:00 PM

Important: The extracted advert contains a conflicting application deadline in the application instructions, which states 16th September 2026. The main vacancy header states 18th September 2026 at 5:00 PM. Applicants should verify the correct deadline with Akiba Commercial Bank before submitting.

Bank Contact Details

Toll-Free: 0800 750 336
Email: support@acbbank.co.tz
Website: www.acbbank.co.tz

Akiba Commercial Bank Plc
Bank with modernized value.