Holder of a degree in banking, economics, finance, accounting or equivalent
Not less than 7 years minimum working experience in the Credit Administration in a Senior
Provide leadership in credit risk management and underwriting procedures to ensure that the
monthly recovery rate corresponds to business targets;
Provide leadership in the design and implementation of banking credit operations manual that
is in line with bank operations information system;
Provide leadership in the preparation of the Banks' Microflnance and SM Es business strategy;
Provide leadership in preparation of the credit annual plan and budget;
Monitor implementation of the credit management plan on a quarterly basis and implement
measures to enhance performance where necessary;
Oversee recruitment, training, performance appraisal and discipline of Credit unit
Prepares annual plan and targets on loan facility utilization, estimated income from credit
facilities, new borrowing customers.
•, Reviews existing facilities of accounts on renewal dates and prepares recommendations for
renewal of facilities on merit.
Conducts credit investigation and makes inspection visits to borrowing customers business
premises a report submits to the Managing Ditector.
To process loan applications promptly and put up appropriate recommendations to enable the
approving authorities make objective decisions. In doing so they shall take into consideration the prospective borrowers' credit standing, business and financial viability, management
competency, industrial situation, collateral support and potential income to the institution.
Ensures that disbursement of funds under credit facilities extended is in line with the laid down
Ensures that all securities and documents are in order and registered with relevant authorities.
Prepares all required credit returns and reports both internal as well as those for submission to
the Bank of Tanzania.
Follow up repayment of matured credit and undertakes appropriate measures to recover past
Ensures that all interest and fees from borrowing accounts are collected promptly.
Reviews regularly all loans and advances, classify the advances according to the BOT
Prudential Guidelines on management or Risk Assets and undertakes necessary measures to
avoid deterioration of the quality of the institutions' overall credit portfolio.
Ensures that loans and advances are extended in line with BOT Guidelines.
Co-ordinates with the lhstitution are appointed lawyers for legal action taken to recover
To prepare credit performance reports and present to the board
To perfonn any other relevant duties as may be assigned by the Managing Director
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