SENIOR CREDIT MANAGER
INDUSTRY: BANKING
HR World Ltd on behalf of our client we are looking for a senior credit manager to provide credit support to the Business functions at the bank covering extension of credit to various customer types

RESPONSIBILITIES;

• •Preparation of comprehensive and accurate CAs in line with the approved credit risk appetite and ensure timely submission to MCC/ GCMC/ BCC for review and/ or approval.
• •Financial analysis of customers using credit skills – ratio analysis; evaluation of security and collateral; evaluation of applicants’ business models; and judgment of management and strategy.
• •Evaluation and understanding of risk associated with individual transactions, products, borrowers, and counterparties.
• •Raise and obtain necessary deferral/waiver approvals from designated credit risk approvers/senior management.
• •Monitor risk triggers/ breaches, covenants and other credit conditions and ad hoc credit
  reports appropriately – preparing reports, escalation, and recommend proactive mitigations to HoC/ MCC as per policy
• •Ensure minimum CA/credit review over dues and work to minimize extensions.
• •Conducting annual credit review of assigned accounts and ensuring that respective CA/proposals are processed and successfully approved on schedule.
• •As part of the annual credit review, identify client limits that are not utilized or underutilized and escalate to management to initiate discussions with the relationship management team and customers.
• •As part of the annual credit review process, check for any gaps in credit documentation and escalate to RM team.
  
  

QUALIFICATIONS;

• •University degree preferably in Accounting, Finance or Business
  Administration.
• •Professional: CPA (T), ACCA, CFA etc.
• •Minimum of five years’ experience in the Corporate Credit Analysis
  area. Approval experience will be an added advantage.
  
  

Interested candidates may send their CVs to recruitment@hrworld.co.tz before 16th March 2024