The Role
The Credit Manager develops credit strategy, oversees credit appraisal, manages portfolio quality, ensures regulatory compliance, and supervises staff while enhancing processes and reporting.
Summary Generated by Built In
KEY RESPONSIBILITIES
A. Credit Strategy & Portfolio Growth
∙Develop and implement the Bank’s Credit Strategy aligned with the Business Plan.
∙Drive growth of loan portfolio within approved risk appetite.
∙Recommend sector exposure limits and product pricing structures.
∙Monitor portfolio mix (SME, micro, consumer, group lending, etc.).
B. Credit Appraisal & Approval
∙Oversee credit appraisal processes and ensure adherence to Credit Policy.
∙Review and approve loan applications within delegated authority limits.
∙Present higher-value facilities to the Credit Committee.
∙Ensure proper documentation before disbursement.
C. Portfolio Quality & Risk Management
∙Monitor Portfolio at Risk (PAR), NPL ratios, and delinquency trends.
∙Ensure compliance with loan classification guidelines per BOT regulations.
∙Oversee provisioning calculations (IFRS 9 alignment where applicable).
∙Develop early warning systems for credit deterioration.
∙Conduct periodic portfolio stress testing.
D. Recovery & Collections
∙Supervise recovery team and ensure timely follow-up of overdue accounts.
∙Develop recovery strategies including restructuring where appropriate.
∙Initiate legal action where necessary in collaboration with Legal.
∙Monitor write-offs and recovery of written-off accounts.
E. Policy & Process Management
∙Develop and update Credit Policy and Procedures Manual.
∙Ensure proper segregation of duties between sales, appraisal, and approval.
∙Standardize credit documentation and collateral management processes.
∙Improve turnaround time (TAT) for loan processing.
F. Regulatory Compliance
∙Ensure compliance with:
oBank of Tanzania Prudential Guidelines
oMicrofinance Regulations
oAML/CFT requirements
∙Prepare and submit required regulatory credit reports.
∙Support internal and external audits.
G. Reporting & MIS
∙Prepare monthly credit performance reports for Management and Board.
∙Track:
oDisbursements
oPortfolio Outstanding
oPAR 30/60/90
oNPL ratio
oSector concentration
oRestructured loans
∙Work closely with Finance for provisioning and reconciliation.
H. Staff Supervision & Capacity Building
∙Train and mentor Credit Officers and Analysts.
∙Promote ethical lending practices.
∙Conduct periodic field visits for quality assurance.
Requirements
Skills Required
- Experience in credit management and risk assessment
- Knowledge of regulatory compliance frameworks
- Ability to develop and implement credit policies
- Strong analytical and reporting skills
- Experience in team management and mentoring
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The Company
What We Do
Ubuntu Impact Limited is a Human Capital Consulting Firm committed to delivering reliable solutions that drive positive change and foster substantial growth for organizations and people.
