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Recovery Manager at Victoria Finance Plc 03-04-2026

Are you an experienced professional in credit recovery with strong leadership skills? Victoria Finance Plc (VFP) is seeking a Recovery Manager to join its growing team. This role is perfect for someone who can manage delinquent and non-performing loans while maintaining excellent client relationships and ensuring portfolio health.

Working with Victoria Finance Plc gives you the opportunity to make a direct impact on financial inclusion in Tanzania. First, the company serves low- and middle-income earners, women, and youth, providing access to microfinance services. Moreover, its innovative digital agriculture platform, Kilimo Pesa, enables smallholder farmers across more than thirteen regions to access financial products. Additionally, the role allows you to strengthen loan recovery processes, minimize credit losses, and support sustainable growth across branches.

Victoria Finance Plc was established in 2009 and became operational in 2010. It is a regulated microfinance institution with seven branches in Dar es Salaam, Morogoro, Iringa, Mbeya, and Dodoma. The company also operates Victoria Insurance Brokers Limited, which provides complementary insurance solutions to its clients.

The ideal candidate will have experience in credit recovery or collections, strong analytical and negotiation skills, and the ability to lead a team effectively. To qualify, applicants should meet the following requirements:

  • Bachelor’s degree in Finance, Business, Economics, Law, or a related field
  • Minimum of 8 years’ experience in credit recovery or collections
  • At least 3 years in a supervisory or managerial role
  • Strong negotiation, leadership, and analytical skills
Key responsibilities include:

  • Managing and improving loan recovery performance to reduce NPLs
  • Supervising recovery officers and setting recovery targets
  • Implementing effective recovery strategies, restructurings, and settlements
  • Coordinating legal recoveries, repossessions, and auctions
  • Ensuring compliance with internal policies and regulatory requirements
  • Preparing recovery and portfolio performance reports for management
To apply, follow these steps:

  • Prepare an updated CV highlighting your qualifications and relevant experience
  • Write a clear application letter explaining your suitability for the role
  • Address your application to the Managing Director, Victoria Finance Plc
  • Submit your application via email to [email protected] or by post to:
    P.O. Box 12102, Mwanga Tower Building, New Bagamoyo Road, Kijitonyama, Dar es Salaam
  • Ensure submission before the deadline: 15th April 2026
This is a prime opportunity to lead recovery operations in a reputable microfinance institution. Therefore, if you have the skills to drive loan recovery and maintain strong portfolio quality, consider applying and joining a team dedicated to empowering Tanzanian communities through financial services.
 
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