Credit Manager Job Opportunity at KCB Bank Tanzania Limited

Job Title: Credit Manager
Role PurposeTo evaluate and recommend or approve if within discretion limit credit applications so as to increase the lending book portfolio of KCBT.
The expected results are:
To assess and mitigate credit risk through careful analysis of retail credit facilities of grade1&2 in conformity with BOT guidelines, Bank’s Credit Policy and best lending practice.
To manage credit quality and performance under assigned segment.
Credit control – excess management, covenant tracking and audit of loan bookings.

Key Responsibilities

  • Analyze credit risk on applications and make appropriate recommendation/approval.
  • Ensure compliance with credit policies and BOT prudential lending guidelines for all credit facilities sanctioned.
  • Ensure an efficient turnaround time for applications is maintained.
  • Ensure all facilities are reviewed at least one month prior to expiry date.
  • Monitor, follow-up and report unauthorized excess drawings.
  • Control of advances under grade 1&2 to maintain loan migration within targeted rate.
  • Daily tick-back of loan bookings and other system entries.
  • Ensure all OD facilities are renewed on time.
  • Monitor covenant tracking records and report progress quarterly.

Qualifications and Requirements
  • University Degree in Business related field. Post graduate and or Banking qualifications will be an added advantage.
  • Minimum of 10 years’ experience in retail and corporate banking, treasury and commercial banking operations, customer service, governance and controls with at least 8 years’ in senior to top management position.
  • Track record of attaining targets of business growth and profitability in the financial services and banking sector.
  • Have appreciation and operating knowledge of the regional banking industry (especially operating dynamics of East Africa), market and global trends as well as challenges
  • Demonstrable cross-cultural, people and relationship management skills, team motivation and leadership competence.
  • Sound understanding of statutory and regulatory requirements of corporate governance, business and banking operations of East Africa.
  • Demonstrable ability to adapt and operate in a matrix management and reporting environment

DAILY RESPONSIBILITIES:
  • Analyze credit risk on applications and make appropriate recommendation/approval within approved turn-around time while ensuring no nil loan migration for accounts sanctioned in the past 12 months.
  • Daily tick-back of loan bookings and other system entries.
  • Daily review of excess reports, report and follow-up on any unauthorized excesses.
  • Follow up with business teams on expired overdrafts and ensure all OD facilities are renewed on time.
  • Control of advances under grade 1&2 to keep the loan migration rate within targeted limit.
  • Monitor covenant tracking records and report progress quarterly.
  • Only short listed candidates will be contacted.

TO APPLY CLICK HERE!

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