Recovery Manager at VisionFund Tanzania Microfinance Bank Ltd (VFT MFB)

Website VisionFund Tanzania Microfinance Bank Ltd (VFT MFB)

VisionFund Tanzania Microfinance Bank Ltd(VFT MFB) formerly known as SEDA is a fast growing and reputable

Micro Finance Bank (MFB), that has a loan book of approximately TZS. 20 billion and more than 30,000 client base, more than5,000 of whom are small holder farmers.

VFT-MFB is seeking to employ a dynamic and committed Tanzanian young man or woman who has a passion for people’s economic development to fill in the vacant positions detailed here below;

Work Reference No. 005/22

Position: Recovery Manager

Reporting to: Chief Operations Officer (COO)


  • To ensure an efficient performance of the Recovery Unit and direct supervision of the recovery officers and other stakeholders in the recovery activities chain.

Main tasks (Not Exhaustive):

  • Ensures efficient performance of the Recovery Unit
  • Coordination of the Recovery Unit work with other units/departments or agents
  • Coordinates Recovery Unit personnel plan
  • Direct supervision of the recovery officers
  • To exchange information with the Recovery Officers, Regional Managers, Business Center Managers and other stakeholders in the recovery activities chain.
  • To take part on the recruitment of Recovery Interns and Debt Collectors
  • To develop Recovery Plans in consultation with Chief Operations Officer
  • To prepare reports to be submitted to the Chief Operations Officers and other Heads of department as the need may arise.


  • Bachelor Degree in; Business Administration, Accounting, Finance and Economics
  • A good background in legal knowledge and practice in recovery matters is an added advantage
  • Very good analytical & reporting skills
  • 5 years’ experience in credit management and loan recovery experience
  • Experience of at least 5 years in working direct with Saving Groups, 2 of which must be at the Managerial/Supervisory position.

About our working environment & remuneration.

VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

Mode of Application:

Interested and suitably qualified individuals should;

  • Forward their application letter, attaching certified copies of their academic and professional certificates; detailed CV’s with three referees to


  • Physically send their applications through the postal address below:

VisionFund Tanzania Microfinance Bank Limited,

AICC Building, Serengeti Wing, 5th Floor

P.O. Box 1546,


All applications should be addressed to;

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited

P.O. Box 1546,


  • The position should be the subject of the email application.
  • The deadline for the application is on 4th May, 2022.

N.B. Only short-listed candidates will be contacted.


VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf.