INDUSTRY: FINANCIAL SERVICES
HR World Ltd, on behalf of our client, we are seeking a competent and detail-oriented Credit Underwriting Officer who will be responsible for evaluating credit applications, assessing risk profiles, and ensuring sound credit decisions in line with institutional policies and regulatory requirements.
Evaluate and analyze credit applications to determine the creditworthiness of applicants.
Conduct financial analysis on clients’ income statements, balance sheets, and cash flow to assess repayment capacity.
Prepare detailed credit appraisal reports with recommendations for approval or decline.
Ensure all loan documentation and security requirements comply with company policies and regulatory guidelines.
Collaborate with Relationship Managers to clarify client information and gather additional documentation when necessary.
Ensure accurate risk grading and adherence to credit policies and underwriting standards.
Participate in the design and implementation of credit risk mitigation strategies.
Support portfolio monitoring and review existing facilities to identify early warning signs of risk.
Provide feedback and guidance to the sales and credit teams to improve credit quality and turnaround time.
Assist in the periodic review and updating of credit policies, procedures, and product guidelines.
Prepare periodic reports on credit approvals, rejections, and risk exposures for management review.
Ensure compliance with internal controls, audit standards, and regulatory requirements.
Bachelor’s Degree in Finance, Accounting, Banking, Economics, or a related field.
Minimum of 4–6 years of experience in credit underwriting, analysis, or risk management within a financial institution.
Professional certification such as CPA, ACCA, or a Credit Risk qualification will be an added advantage.
Strong analytical and financial modeling skills.
In-depth understanding of lending processes, credit risk principles, and regulatory frameworks.
Excellent attention to detail and ability to make sound judgments under pressure.
Proficiency in MS Office and credit assessment tools.
Strong interpersonal and communication skills.
High level of integrity, confidentiality, and professionalism.
Interested candidates may send their CVs to career@hrworld.co.tz before 18th November 2025.
Only successful candidates will be contacted.