NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate, and investment banking and wealth management products and services.
To carry out and oversee all operations in a manner that closely complies with the authorized credit and provisioning policy and the established standard credit processes and procedures.
Key responsibilities
Understanding the Credit/Solutions development 30%
Outputs to deliver this accountability:
- Evaluate the client’s business by examining the credit risk and commercial aspects of providing the client with the bank’s goods and services.
- Create excellent credit solutions with the goal of making prompt, high-quality credit decisions.
- Be the mutual agreement for accountants, attorneys, and other professionals to handle credit.
- Credit application sanctions and/or credit application preparation for senior sanctions recommendations for exposure beyond individual discretion.
- The senior sanctioner will review and approve Agri Loans’ petitions for exposure beyond their own discretion.
Business Risk Partnership 30%
Outputs to deliver this accountability:
- Consult with other product partners and offer advice on credit appetite while working together with RMs on both new and existing credit applications.
- For all credits that are not at your own discretion, communicate directly with the Head of Credit and/or the sanctioning office.
- If there is a need to address or resolve credit-related issues, attend customer meetings with the relationship manager.
- Actively assist in integrating agreed-upon change management efforts to enable cost reduction, process and quality enhancements, and
- As decided by the corporate and credit teams, support and contribute to a particular industry focus.
- Examine and sign facility letters, and oversee the completion of documentation and facility drawdown.
Portfolio management: Monitoring and Control 30%
Outputs to deliver this accountability:
- In charge of overseeing customer-generated financial data.
- In charge of overseeing the entire risk report process and confronting relationship managers when control flaws or possible hazards are found.
- Use conditional punishment triggers whenever possible to monitor and manage the quality of the portfolio. Speaking with the sanctioner about concerning patterns and trigger events while concurrently providing the Relationship Manager with advice
Teamwork 10%
Outputs to deliver this accountability:
- Assist the team leaders in providing each team member with efficient performance improvement.
- Encourage proactive adherence to the Absa guiding principles on a personal and team level, and mentor and assist team members.
Education and Experience Required
- A bachelor’s degree, advanced diploma, or comparable credential in business admiration, accounting, finance, or economics
- At least five years of experience in customer acquisition, monitoring, or loan appraisal
- Understanding of recent advancements in the business
- Thorough and comprehensive understanding of the NBC loan application procedure from start to finish
- Demonstrated expertise in handling client circumstances in difficult decision-making
- Possibly possess knowledge of business-to-business banking services Sector of Financial Services
- Fully informed with both domestic and international industry trends.
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Knowledge & Skills: (Maximum of 6)
- Making a decision and taking action
- Skills in financial analysis and decision-making
- Strong financial acumen and outstanding communication abilities
- Outstanding cognitive abilities to comprehend and analyze economic trends and industry data
- Excellent formal presentation abilities to get internal and external acceptance of solutions
- Excellent teamwork and leadership abilities
- Knowledge of the fundamentals of IT and the main financial platform, such as Flex
- Proficient in formal presentations to secure internal and external acceptance of business cases and solutions
Qualifications
Advanced diplomas and bachelor’s degrees in business, commerce, and management studies Credit Risk (satisfies certain criteria but need improvement), knowledge with digital technology (meets some requirements but requires more improvement), experience in a comparable setting, Reasoning (satisfies all standards) and openness to adapt (meets some needs but would require further work)