Director of Credit – Tanzania Commercial Bank (TCB)

Organization: Tanzania Commercial Bank (TCB)

Location: Dar es Salaam, Tanzania

Department: Credit

Salary Scale: COBSS 12

Reports To: Chief Executive Officer

Job Type: Full-time (Executive / Senior Management)

Application Deadline: November 25, 2026

About Tanzania Commercial Bank

Tanzania Commercial Bank is committed to providing competitive financial services to its customers and creating sustainable value for stakeholders through innovative, affordable, accessible, and convenient financial solutions. Guided by the vision “To be the leading bank in Tanzania in the provision of affordable, accessible and convenient financial services,” the bank recognizes human capital as a critical driver of organizational success and sustainable growth.

Position Objective & Responsibilities

The Director of Credit provides strategic leadership, direction, and oversight of the Bank’s credit function to ensure effective credit risk assessment, sound underwriting, prudent administration, and sustainable growth of the loan portfolio.

Key responsibilities include:

• Developing, implementing, and reviewing credit policies, procedures, frameworks, and strategies aligned with the Bank’s strategic objectives, risk appetite, and regulatory requirements.
• Maintaining high standards of credit quality, robust internal controls, and compliance with Bank of Tanzania (BOT) regulations.
• Providing independent credit assessments, overseeing approval processes, and proactively monitoring portfolio performance to mitigate risks.
• Collaborating with business and control units as a member of senior management to improve turnaround times, safeguard assets, and drive profitability.

Qualifications, Skills & Experience

• Education: Holder of a Master’s degree in Business Administration, Finance, Accounting, Banking, Economics, Commerce, Marketing, or an equivalent qualification from a recognized institution.
• Experience:
  • Minimum of ten (10) years of work experience in the banking industry or financial institutions.
  • At least two (2) years in a managerial position.
• Technical Expertise:
  • Proven track record in developing and executing credit policies and strategies.
  • In-depth knowledge of credit risk assessment, loan structuring, underwriting principles, and portfolio management techniques.
  • Strong understanding of regulatory compliance requirements and financial regulations.
  • Prowess in financial modeling and credit analysis software.
• Core Competencies: Exceptional analytical, decision-making, problem-solving, negotiation, and leadership skills.

Personal Attributes & Behavioral Competencies

• Demonstrates creativity, teamwork, and a commitment to excellence.
• Excellent time-management skills with the ability to prioritize and meet strict deadlines.
• Capable of working quickly, accurately, and consistently under high-pressure conditions.
• Methodical, well-organized, mature, and capable of handling confidential information responsibly.
• Possesses sound judgment, common sense, and good humor.

Remuneration & Compliance Notes

• Compensation: Offers a competitive salary package and benefits.
• Commitments: TCB is strongly committed to environmental, health, and safety management.
• Screening: Shortlisted candidates may undergo security clearances, competency assessments, and/or physical capability checks.

How to Apply

Applications via methods other than the official recruitment portal will not be considered. Applicants must submit their resume, personal information, academic certificates, work experience records, and application letter online. Additional credentials will be requested during the interview stage.

Application Deadline: November 25, 2026

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