Head Of Credit Underwriting

HR World Ltd on behalf of our client in Banking Industry is looking for a Head of Credit Underwriting who will carry significant responsibilities for managing the credit risk associated with the bank’s loan portfolio.

Responsibilities:

• Create and periodically update the bank’s credit underwriting policies and procedures to align with regulatory requirements, market conditions, and the bank’s risk appetite. Ensure that all credit underwriting practices comply with internal policies, industry standards, and regulatory requirements.
• Oversee the credit analysis associated with new and existing loan applications, ensuring a thorough evaluation of borrower creditworthiness.
• Oversee the review and approval process for high-value or high-risk loans, ensuring thorough analysis and sound decision-making.
• Present credit underwriting decisions and policies to senior management and other stakeholders.
• Implement strategies to mitigate credit risk, including setting appropriate lending limits, collateral requirements, and loan covenants.
• Lead, mentor, and develop the credit underwriting team, including setting performance goals, conducting performance reviews, and providing training.
• Work closely with other departments such as commercial, risk management, compliance, finance, and legal to align credit policies with overall bank strategy and market conditions.
• Regularly review the performance of the credit portfolio, analyzing trends and identifying potential issues or areas of concern, and present reports on credit risk and portfolio performance to senior management.

Qualifications:

• Postgraduate Degree in Business Administration, Banking, Finance or any other related field
• Credit Analysis certification/CPA /ACCA qualifications required
• IFRS Proficiency
• 10 years of banking working experience with at least 5 years at team lead level in Credit Sales, Credit analysis, and/ or Relationship Management roles

Interested candidates may send their CVS to career@hrworld.co.tz before 25th August 2025

Only successful applicants will be contacted.