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The latest Jobs in Loan Recovery Officer at Erimat Financial Services

The latest Jobs in Loan Recovery Officer at Erimat Financial Services

Welcome to our website majinaya.com. In This Post, are you looking for The latest Jobs in Loan Recovery Officer at Erimat Financial Services job vacancy released. Erimat Financial Services Limited, a microfinance institution that provides innovative and reliable financial solutions to its clients, is currently seeking a dynamic and results-oriented individual to join the team as a Loan Recovery Officer.

COMPANY: Erimat FINANCIAL SERVICES-

WE ARE HIRING:

VACANCY: LOAN RECOVERY OFFICER

Key Roles and Responsibilities:

  • Implement effective strategies for the recovery of outstanding loan amounts.
  • Communicate with delinquent clients to negotiate and facilitate the repayment of loans.
  • Initiate and manage legal proceedings for loan recovery.
  • Monitor and manage the collection process, ensuring compliance with regulatory guidelines. 
  • Maintain accurate and up-to-date records of loan recovery activities.
  • Submit regular reports on recovery progress to the management team.

Requirements:

  • Proven experience in loan recovery or a related field.
  • Experience in negotiating loan settlements with microfinance borrowers. Strong negotiation and communication skills.
  • Sound knowledge of legal procedures related to debt recovery.
  • Ability to work independently and as part of a team.
  • Excellent organizational and time-management skills.
  • Strong proficiency in English and Kiswahili.

Qualifications:

  • University Degree in Bachelor of Laws (LLB).
  • Preference will be given to candidates registered as advocates at the High Court of Tanzania.

Remuneration:

  • In addition to a competitive monthly salary, the successful candidate will earn a performance-based commission on each loan amount recovered. This structure is designed to reward proactive and successful loan recovery efforts.

How to Apply:

For The latest Jobs in Loan Recovery Officer at Erimat Financial Services Interested and qualified candidates should submit their applications by 29th February 2024 to admin@efsl.co.tz.

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