Credit Analyst Officer

First Housing Finance (Tanzania) Limited is the leading housing finance company in Tanzania. We are dedicated to offering long-term housing finance solutions to Tanzanian citizens. As a pioneer in the Tanzanian housing finance market, we provide a diverse portfolio of mortgage products, including solutions for home purchase, improvement, extension, completion, and refinancing.

Our mission is to empower individuals and families to achieve their homeownership dreams through innovative and tailored financial services.

Role Purpose

We are seeking a detail-oriented Credit Analyst Officer to assess and underwrite mortgage applications, ensuring credit quality and compliance with internal policies and regulatory requirements. The role involves analyzing financials, structuring suitable credit products, and supporting the company’s risk management objectives in mortgage financing.

Key Responsibilities

• Perform credit assessment and underwriting of home mortgages.
• Communicate effectively with the Customer Care team to understand customer requirements and structure the best possible offer while keeping company risk under control.
• Prepare Credit Memos and ensure the quality of credit proposals is maintained.
• Perfect security documents (title deeds, debentures, mortgage creation, personal and corporate guarantees, letter of offer, or any other relevant document).
• Obtain valuation reports.
• Check that mortgages are correctly booked in the system and maintain credit files properly.
• Take sound lending decisions based on available information and further interactions with applicants.
• Manage credit quality and control delinquencies and frauds.
• Analyze financials and ratios.
• Understand credit policy as well as the credit environment in the city.
• Structure the right product for the customer during interactions.
• Liaise and network in the industry for reference checks, and to understand industry and economy dynamics.
• Ensure approvals follow laid-down policies and internal credit policies are not violated.
• Ensure and monitor compliance with external lending regulations (e.g., updates from Bank of Tanzania).
• Stay well-versed with property (land/house/apartment) related legal and technical requirements, and keep updated on relevant real estate developments.
• Manage processes to deliver reasonable turnaround times.
• Monitor portfolio indicators and ensure they remain within desired levels.
• Recommend proposals to higher authority with merits, demerits, and risk involvement.
• Communicate with operations to resolve disbursement issues.

Qualifications & Skills

• Bachelor’s degree in Accounting, Finance, or a related field.
• Minimum 3–4 years of experience in credit assessment, underwriting, or financial analysis, preferably in mortgage finance, banking, or financial services.
• Proficiency with financial systems and advanced skills in Excel.
• Strong analytical, communication, and decision-making abilities, with attention to detail and ethical judgment.

How to Apply

Interested candidates are invited to submit their CV and cover letter detailing their qualifications and relevant experience to: info@firsthousing.co.tz