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About this job

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