Analyze your CV for Senior Credit Officer at Yetu Microfinance Bank

Overview
At YETU Microfinance Bank PLC, we all come from different backgrounds and interests, still, our passion and commitment towards our work, peers, and clients is phenomenal. We strive for trusted partnerships and aim to build life long bonds with our colleagues and customers through our consistency at work and professionalism.
Position: Senior Credit Officer
 
Reports to: Branch Manager 
Location: Upcountry branches and Financial Service Centre
Number of vacant positions: 4
Supporting new and current clients on loan and credit products:

Setting up meetings with clients to obtain information on their loan needs;
meeting and interviewing credit applicants in order to determine risk factors;
determining the most suitable loan option; and
Providing guidance on the lending


Assisting the Manager, before the loan’s approval or rejection, by ensuring the client meets the requirements to obtain a loan:

Collecting information and processing each file to the closing stage;
contacting other financial institutions to verify the financial background of loan applicants;
examining applicants’ assets and finances;
analyzing the applicants’ capability to repay loans by conducting a thorough assessment on creditworthiness; and
submitting a detailed report regarding any abnormality on the processed


Ensuring the repayment of approved loans and credits:

Ensuring that all related paperwork follows regulations and standards;
ordering appraisals to be conducted on applicants’ properties and reviewing the title insurances;
calculating payment schedules; and
monitoring clients in order to guarantee their timely payment and maintain portifolio at risk at a maximum of 3%


Maintaining detailed records on the transactions executed daily:

Organizing all paperwork and updating database systems; and
keeping a thorough daily record of every activity and incidence held at the institution.


Processing, reviewing, and completing loan and credit requests:

Verifying the documentation contained in each application; and




submitting the application to the manager for the credit or loan’s approval or rejection.


Contributing to ongoing professional business development activities:

Cooperating with the bank’s endeavor of achieving a gross revenue and net operating income objectives;
working alongside colleagues to gather marketing information, statistics, and trends; and
building and maintaining an important customer
Drafting all administrative paperwork including reminders, warnings, and updates in order to inform customers on relevant financial matters on theirs accounts and their status.
Ensuring compliance with all internal control and established policies related to loan products in order to guarantee transparency in every application



Daily tasks

Contacting and setting up meetings with prospective and current loan
Interviewing loan applicants in order to determine and evaluate all risk
Communicating with other financial institutions to request details on clients’ creditworthiness.
Promoting the institution’s services and assisting clients in determining the most suitable loan to meet their financial objectives and
Submitting the processed applications to the manager with the observations found in order to approve or reject the
Keeping loan files and clients’ information up-to-date by completing credit and loan documentation, preparing detailed reports, and maintaining comprehensively computerized
Attend clients either in group meetings or individually
Providing good quality of customer service according to company
Researching, gathering and analyzing data to make effective and profitable decisions.
Staying up-to-date on applicable current regulations

How to apply
If you fit the description, please send you application and CV to hr@yetumfplc.co.tz
 
The application will be evaluated on a rolling basis until a suitable candidate is hired.