Summary
Date Posted: Tuesday, January 25, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Duties and Responsibilities
• To undertake awareness raising and sensitization of wholesale and retail clients;
• To conduct area mapping and active marketing campaigns by paying visits to potential customers in order to attract new clients;
• To closely liaise with Fund’s borrowers to ensure timely loan repayments;
• To conduct credit appraisals for loan applicants and recommend eligible borrowers;
• To prepare and present credit appraisal reports to the Branch Manager for review and approval as defined in the Fund’s approval matrix;
• To ensure the Branch meets or exceeds the loan targets as agreed upon in the business plan;
• To conduct client de-briefing during loan releases;
• To report and assist the Fund’s Legal Officer in litigation matters against borrower clients;
• To prepare and present credit applications to the Branch Manager for review and recommendation for approval by the relevant authority;
• To prepare and submit loan portfolio management reports to the Branch Manager for review and guidance;
• To file out loan applications, credit analysis, and loan request summaries and submitting the same to loan committees for approval;
• To ensure post-disbursement compliance with approved terms and conditions as well as reviewing expiry of credits, progress of repayment, insurance, and post fact mortgage;
• To assist in controlling the recording, deposit, and withdrawal of security documentation;
• To be responsible for collateral valuation, monitoring, and reconciliation with the same with original documents;
• To ensure compliance with credit approval terms, conditions, and regulatory requirements;
• To prepare loan agreements and ensuring that they are complete and accurate according to applicable policies;
• To evaluate clients’ credit data and financial statements in order to determine the degree of risks involved in lending money to the clients;
• To consult credit associations and references to exchange credit information on clients;
• To evaluate the financial status of clients by producing financial ratios;
• To make recommendations about procedural/policy changes; and
• To perform any other duties as may be assigned by his/her Supervisor.

Qualification and Experience
• Holders of Bachelor Degree in one of the following fields: Finance, Banking, Financial Management, Development Finance and Investment Planning, Microfinance, Accounting, Entrepreneurship, Economics, Agricultural Economics, Commerce or Business Administration majoring in either Finance, Banking, Microfinance, Accounting, Entrepreneurship or equivalent qualification from a recognized institution.
• Ability to sale and market SELF MF Products
• Ability to negotiate with clients
• Ability to analyze and interpret loan applications
• Ability to recover defaulted loans
• Good communication skills
• Readiness to work anywhere in Tanzania


Work Hours: 8

Experience in Months: 12

Level of Education: Bachelor Degree

Job application procedure
To apply follow this link http://portal.ajira.go.tz/index.php/advert/display_advert/3912 

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