Vacancy title:
Credit Risk Officer

[Type: FULL_TIME, Industry: Accounting, Category: Accounting & Finance]

Jobs at:
Equity Bank

Deadline of this Job:
Monday, March 31 2025

Duty Station:
Dar es salaam | Dar es Salaam | Tanzania

Summary
Date Posted: Friday, March 28 2025, Base Salary: Not Disclosed

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JOB DETAILS:

BASIC PURPOSE:
Ensuring that the bank’s credit portfolio maintains a sound health through ensuring compliance to bank’s credit governance, proper classification of the portfolio and capital allocation.

Prevention of financial loss through timely detection of poor-quality credits and following up on the remediation measures to restore the quality of portfolio.

MAIN DUTIES AND RESPONSIBILITIES:
• Undertaking review of the portfolio and ensuring early detection of problem loans.
• Assuring appropriate classification of the portfolio and adequacy of the provisions
• Ascertain the adequacy of the underwriting controls and collateral management
• Undertaking various testing of the portfolio to ensure a sound health of the portfolio including stress testing, vintage analysis
• Preparing and communication of management reports for credit risk

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:
Knowledge

• Thorough understanding of the bank’s credit governance and processes.
• Thorough understanding of the Bank operations.
• Knowledge of Bank risks and their mitigation.
• Knowledge of BOT prudential guidelines.
• Thorough knowledge and clear understanding of Banks’ policies.
• Understanding of the key systems and processes.
• Computer proficiency especially use of MS Excel.

Skills

• Effective listening skills.
  • Good communication skills.
  • Problem solving skills
  • Personal integrity with a high regard to maintain strict confidentiality.
  • Ability to be discrete.
  • Excellent in time management.

Qualifications
• Business related degree from a recognized University.
• Professional Certification in Auditing, Accounting, Risk management and Information systems audit is an added advantage

Work Experience
• 1 year working experience in the Banking sector.

Work Hours: 8

Experience in Months: 12

Level of Education: bachelor degree

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