PURPOSE OF JOB

Administer the lending Portfolio by facilitating releasing of the credit facilities approved by the credit committee and to ensure the procedures are complied before disbursement.

PRINCIPLE ACOUNTABILITIES

RESPONSIBILITIES

Preparation of availment tickets
Disbursement/Booking of the approved credit facilities in the system (i.e for customers as well as staff)
Facilitating valuation of properties pledged as securities against credit facilities
Arranging and follow up payments and submission of Insurance Policies and Land Rent Receipts.
Ensure proper recovery of bank fees as per sanctions
Loan Liquidation / Reschedules/Restructuring.
Preparation of reports i.e BOT, AGITF, ALCO, BOARD PAPER etc
Responding to queries related to bank charges on credit facilities.
Doing roll-over of overdraft facilities in the system
Maintaining marking of lien in the system for all FDRs held under lien against credit facilities.
Availization and release of Post Import Loans.

FINANCIAL RESPONSIBILITIES

Authorization of system approved limits / loans to the borrowers
Authorization on the system for Bank charges / fees related to Credit Department
Authorization on the system for refund / reversals of penal interests and bank charges if any i.e subject to approval from management.
Authorization on the system for payments made to valuers after obtaining approval from management.
Authorization on the system forpayments made to the lawyers who render legal services to the Bank
- INDEPENDENT DECISIONS
  N/A
- INTERACTION WITH OTHERS
  Internal: Regular contact with the legal and Credit departments
  External: Monthly contact with valuers, Insurance companies, Audit firms and other banks

QUALIFICATIONS:

University degree in Finance, Accounting or a related discipline, preferably with other related professional qualifications.
Relevant professional qualifications in Banking, Finance or Accounts will be an added advantage.

EXPERIENCE AND QUALITIES:

Minimum 5 years working experience in Banking Industry
Good analytical skills
Good communication skills

OTHERS:

Carry out work in accordance with the Bank’s procedures
Perform the assigned tasks with due diligence
Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the Bank

HOW TO APPLY

Please send your application to hrrecruit@eximbank.co.tz