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Akiba Commercial Bank Plc

Senior Manager, Recovery | Akiba Commercial Bank (ACB) Plc

Akiba Commercial Bank Plc

Dar es Salaam Full Time Accounting & Finance Negotiable

Posted 1 hours ago · Expires Oct 11, 2026

Job Description

Job Purpose

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.

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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 assigned from time to time.

Qualifications & 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

Submit your CV via Email.

Important Note

The advertisement contains two different closing dates:

  • First image: 18 September 2026, 5:00 PM
  • Second image: 16 September 2026

Candidates are advised to apply as soon as possible and verify the final closing date directly with ACB Bank.

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About the Company

Akiba Commercial Bank Plc

Dar es Salaam

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