Loan Recovery Officer Job vacancy at Serene Microfinance Limited

Job Title: Loan Recovery Officer

Employing Company: Serene Microfinance LTD

Working Station: Dar es Salaam

Advert Date: 18th January, 2025

COMPANY DESCRIPTION

Serene Microfinance Limited has been a growing and expanding company since its establishment in providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally stands as good example due to the unique contribution in reaching many categories of customers in Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City, the nearby Regions and all over Tanzania Regions.

In an effort to stream line operations, Serene Microfinance LTD seeks to recruit qualified Loan Recovery Officer to be involved in loan collection /recovering.

Loan Recovery Officer Duties and Responsibilities

Keep tracking of outstanding loans
Plan course of action to recover outstanding loan and owed money
Perform loan recovery as per target given
Locate and contact debtors
Update account status and database regularly
Comply with requirements when legal action is unavoidable
Handle customers’ questions or complaints
Negotiate payoff deadlines and payment plans as directed by your supervisor
Build trust with debtors
Identify gaps in the system and recommend solutions

Loan Recovery Officer Requirements / Skills / Qualifications

Two years of experience as Loan recovery officer in a microfinance /bank
Knowledge of relevant legal requirements
Good negotiation and persuasion skills
Experience in working with targets and tight deadlines
Team player
Good time-management skills
Great interpersonal and communication Degree in business administration, finance or other related courses is preferred skills
Excellent Communication (both written and spoken) in English & Swahili

EDUCATIONAL QUALIFICATIONS:

Holder of University Degree or equivalent qualification in business administration, Finance or other related field
A t least one year experience in a similar position.

Loan Recovery Officer at Serene Microfinance Limited

Application Deadline

Kindly submit your application in one PDF with a detailed CV, Academic Certificates (Photo Copies) to the address below not letter than 23rd January, 2025

NOTE: All applications should be sent by Email and addressed to:

The Human Resource and Administration Manager, Serene

Microfinance Ltd, P.O.Box 33813,

The Copy Cat building, 3rd Floor,

New Bagamoyo road-Victoria-Dar es Salaam

Email; recruitment@serenemicrofinance.co.tz

Note: only shortlisted candidates would be contacted

“Serene is an Equal Employment Opportunity Company. Both male and female are encouraged to apply”

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