Relationship Manager (Remedial) Job at CVPeople Tanzania
Relationship Manager (Remedial)
CVPeople Tanzania | Full time
Dar es Salaam, Tanzania | Posted on 09/09/2022
Job Description
Reports to: Head of Remedial
RELATED: RM Loan Recoveries Job at CVPeople Tanzania
Main activities
Proactive portfolio management through identification of warning signs and taking corrective measures.
Proactive rehabilitation and remediation of loans and projects under distress.
Preparation of credit requests or memos for presentation to management.
Daily follow-up and tracking of all CRAG portfolios with arrears/excesses.
Immediate review and identification of turnaround strategies for those accounts transferred to the unit. Aggressive follow-up on the implementation of strategies to ensure delivery within the minimum time possible.
Daily follow-up of the collateral, facility, or KYC documentation deficiencies to ensure closure within the agreed timeframe.
Timely issuance of statutory demand notices as per the bank policy.
Regular review of accounts downgraded and preparation of lessons learned for sharing with other business teams.
Preparation of periodic reports for management review and action-both on and off the system.
Corresponding with key internal stakeholders for example the business teams etc.
Corresponding and meeting with customers. Be a key contact person for corporate and commercial banking clients on all banking matters eg. Facility, and transactional.
Continuous development of an efficient and cost-effective collection process.
Participation in departmental meetings/SAMRC meetings.
Participation in budget preparation and implementation.
Assisting junior staff falling under the Restructuring Unit in the implementation of their duties
Implementation of any other duties assigned by your supervisor
Relationship Manager (Remedial) Job at CVPeople Tanzania
Knowledge and Experience
Minimum of University degree preferably in Accounting, Finance, Economics or its equivalent.
A Master’s degree in accounting, finance, and economics or its equivalent is desirable.
Relevant professional qualification in banking and credit risk management.
At least 4 years of work experience as a Relationship Manager handling corporate & commercial banking clients.
Credit analysis knowledge is highly desirable.
RELATED: Manager Transaction Processing Job at CVPeople Tanzania
