Vacancy title:
Credit Manager

Jobs at:
Mwanga Community Bank Limited (MCBL)

Deadline of this Job:
27th September 2018

Duty Station:
Dar es Salaam, Tanzania

Summary
Date Posted: 19th September 2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

Mwanga Community Bank Limited (MCBL) is a fast-growing Bank operating in the Kilimanjaro region with its head office and the main branch at Mwanga town supported by three service centers located at Moshi, Same and Hedaru.

JOB DETAILS:
Currently, the bank is looking for a qualified and self-motivated candidate (Tanzanian Citizen) to fill the vacant position of Credit Manager.

Summary of the job
This position is responsible/accountable for the entire credit granting process at MCB, including the consistent application of the credit policy periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers with the goal of optimizing quality credit portfolio and ensuring consistent growth in the loan portfolio size.

Key Responsibilities

• Develop and maintain a well performing and sound credit portfolio
  
• Ensure that PAR (portfolio at risk)/ Non Performing Loans are maintained at the lowest level portraying low credit risk
  
• Implementing result oriented recovery strategies such that the amount under arrears is kept minimal under all loan products
  
• Ensuring that credit risk mitigation factors are in place by implementing sound Loan Portfolio
  
• Management strategies
  
• Approve} reject loans within the assigned authority of the Credit Manager
  
• Undertake appraisal cum analysis of all loan applications and present the loans for approval before the Credit Committee (Board as well as Management Credit Committee) Ensure disposal of all Loan Requests within a defined “Turn Around Time (TAT)"
  
• Any other duties and responsibility that may be assigned by the Managing Director. Credit Committee and the Board.
  

Requirements and Qualification

• Master’s degree in business related field. Possessing additional qualifications like CPA or any other professional certification/qualification will be an added advantage
  
• Experience of 5 to 7 years in the Banking Industry at the level of Credit Manager or Credit Supervisor
  
• Not less that 35 years of age
  
• Conversant with IFRS Financial reporting Standards
  
• Vast understanding of credit reporting agencies as operational in Tanzania
  
• Conversant with Regulator (BOT) Regulations and Guidelines pertaining to credit management
  
• Strong computer skills
  
• Current working with Bankers Realm as a core banking system will be an added advantage
  
• Excellent written and verbal communication skills both Swahili and English
  
• Strong problem solving and customer care to maintain strong relationship with customers
  
• Ability to negotiate effectively integrity of the highest order
  
• Ability to team work and leading the team
  
• Analytical skills; high attention to detail and focuses on fact-based decision making.