Recovery Manager

Victoria Finance Plc (VFP) is a leading microfinance company in Tanzania. Established in 2009 and started operation in 2010. The company is a regulated microfinance institution dedicated to providing microfinance services to low and middle-income earners, women, and youths in Tanzania. The company currently has seven branches and one insurance broking subsidiary company – Victoria Insurance Brokers Limited which was established in 2017. Victoria Finance has established branches in Dar es Salaam, Morogoro, Iringa Mbeya and Dodoma with ability to serve smallholder farmers in more than thirteen regions through its digital agriculture products – Kilimo Pesa.
The Company is inviting applications from qualified, experienced and result-oriented professionals to fill the position of Recovery Manager.
Position Details The Recovery Manager is responsible for maximizing loan portfolio recoveries through effective management of delinquent and non-performing loans (NPLs). The role ensures that Victoria Finance PLC maintains healthy portfolio quality, complies with internal credit policies and applicable laws, and minimizes credit losses while preserving customer relationships and the company’s reputation.
Key Responsibilities
• Manage and improve loan recovery performance and reduce NPLs
• Supervise recovery officers and set recovery targets
• Implement effective recovery strategies, restructurings, and settlements
• Coordinate legal recoveries, repossessions, and auctions
• Ensure compliance with internal policies and regulatory requirements
• Prepare recovery and portfolio performance reports for management