16 Credit Officers II job at SELF Microfinance Fund
1032 Days Ago
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Vacancy title:
16 Credit Officers II

[ Type: FULL TIME , Industry: Finance , Category: Admin & Office ]

Jobs at:

SELF Microfinance Fund

Deadline of this Job:
06 February 2022  

Duty Station:
Within Tanzania , Dar es Salaam , East Africa

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

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Learn more about SELF Microfinance Fund
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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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Job Info
Job Category: Corporate / Organisation Specialist jobs in Tanzania
Job Type: Full-time
Deadline of this Job: 06 February 2022
Duty Station: Dar es Salaam
Posted: 25-01-2022
No of Jobs: 16
Start Publishing: 25-01-2022
Stop Publishing (Put date of 2030): 25-01-2066
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