JOB TITLE: Credit Relationship Officer/Loan Officer 

INDUSTRY: Finance

JOB LOCATION: Dar es Salaam 

JOB SUMMARY 

The ideal candidate will have broad experience in the Financial Industry; with financial expertise, exceptional customer skills, regulatory knowledge, sales skill, and teamwork abilities. 

KEY RESPONSIBILITIES 

• Review loan requests 
• Assess clients' financial status 
• Evaluate creditworthiness and risks 
• Contact clients to gather financial data and documentation 
• Analyze risks and approve or reject loan requests 
• Calculate financial ratios (e.g. credit scores and interest rates) 
• Set up payment plans 
• Maintain updated records of loan applications 
• Follow up with clients about loan renewals 
• Monitor progress of existing loans 

QUALIFICATIONS AND REQUIREMENTS 

• Bachelor of Science degree in finance, economics or a related field Proven work experience as a Credit Officer, Loan Officer or similar role 
• 1 year plus of loan/ credit experience in finance or related industry. 
• Hands-on experience with lending procedures and products 
• Ability to create and process financial spreadsheets 
• Customer service experience 
• Excellent communication skills both written and verbal 
• Competencies in Microsoft Office, such as Excel, Word, PowerPoint, and Outlook 

HOW TO APPLY 

Qualified candidates who meet the criteria above are welcome to share their CVs before the deadline of 30th April 2024. Only suitable candidates will be contacted. 

Share your CV to: jobs@favoritegroup.co.tz