Credit Monitoring Officer

China Dasheng Bank Ltd is a fully -fledged commercial bank licenced by the Bank of Tanzania bank in November 2018. The Bank is going to celebrate its 4th anniversary on 25th, November 2022 and we take pride to share that for all four years since its inception, the bank has been growing and making profit. Currently the bank is operating under two branches, one is located along Samora Avenue and the other one Kariakoo.

With the achievements and growth experienced, we believe it is high time to grow our team as well. China Dasheng Bank invites suitable applicants to apply for the following posts.

Job title: Credit Monitoring Officer
Reporting to: Head of Credit & Recovery
Location: Dar Es Salaam

Duties and responsibilities. 

1. As Credit Risk Owner, identifies, mitigates, and monitors risks in credit function;
2. Conducts market surveys and identifies new and viable markets for lending business;
3. Initiates plans for training and development of Credit officers in accordance with the loans portfolio development and makes recommendations to the head of Department;
4. Reviews lending policies and procedures on a regular basis and submits appropriate improvement plans and strategies;
5. Monitors and controls the performance of all loans, and overdrafts including
   staff loans;
6. Compiles, disseminates and monitors implementation of lending policies, procedures and Central Bank regulations, (especially regarding classification and recovery of outstanding portfolio);
7. Ensures that proper securities are taken on and registered in accordance with letters of Analyses arrears rate on monthly basis;
8. Devises, and keeps to, roster for regular visitation of businesses in order to assess lending performance;
9. Monitors the application of loan and ensures that loan accounts balance, commissions and interest are properly calculated;
10. Prepare monthly credit statistics and reports to the Head of Department;
11. Submits quarterly reports to the head of department on overall lending performance
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12. Identifies old loans previously handed to lawyers and contacts lawyers so as to ascertain the current position of these cases and
13. Reconcile and monitor suspended interest GL
14. Any other duties as may be assigned by Head of Credit & Recovery.

Required Education & Experience

1. Bachelor Degree in Business Administration in Finance or equivalent from a recognized Institution
2. 3-4 years relevant working experience.
3. Knowledge of finance and banking.
4. Good knowledge of IFRS 9 and stress testing
5. Good of chasing and following up on pending issues.
6. Good communication and be patience.
7. Excellent communication skills
8. Team player.
9. Be able to use Ms. Word, Excel, and Outlook.
10. Excellent problem-solving, convincing and negotiation skills.

MODE OF APPLICATION

Applications should include the following:

• Typed letter of application hand-signed by the applicant.
• Detailed CV.
• Photocopies of relevant Certificates.
• Two recent passport size photographs of the applicant.
• Name of at least two referees with complete contact details.

REMUNERATION

Attractive remuneration package will be offered to the successful candidate.

How to Apply:

All applications should be done through https://chinadashengbank.co.tz/

Applications should be addressed to:

The Chief Executive Officer,
China Dasheng Bank Ltd,
P.O. Box 388,
Dar es Salaam.

Physical Address:

Mezanine Floor, Extelecoms House,
Samora Avenue, Dar es Salaam.

Closing Date:

The deadline for submitting the application is 21 November 2022.

Only short-listed applicants will be contacted.