Job Objective(s)

Ensure protection of the Bank’s credit risk assets through providing a secure but flexible framework. Ensure compliance with Regulatory guidelines regarding Credit Risk within the country.

Duties and Responsibilities

• Supervise development of clear credit policy guidelines with associated procedural and process manuals ensuring alignment with the credit policies of the country.
• Make sure Credit awareness is high bank-wide through periodic training and testing.
• Ensure nominated credit officers execute assigned functions appropriately.
• Maintain a high quality credit portfolio, based on internationally accepted risk rating models, which is adequately secured and provides appropriate returns for risk accepted.
• Utilize credit software to ensure credit cycle is compliant with policy from Target Market Definition, extension and availment of credits and ongoing monitoring up till collection.
• Limit credit infractions by applying approved sanctions on defaulting officers.
• Ensure high Credit Admin standards with suitable archiving and reporting systems.
• Ensure development of Product Programs which addresses key marketing initiatives while maintaining security for the Bank.
• Identify causes of credit failures and disseminate within the country to prevent recurrence.
• Communicate regularly with Bank staff regarding policy changes, process improvement initiatives etc.
• Ensure compliance with regulatory guidelines within the region to protect Bank from sanctions.
• Ensure responses to internal and external queries fall within agreed turnaround time.
• Supervise the activities of the Credit analysis structuring & product programmes, Credit administration/monitoring, recovery and remedial functions.
• Any other duties as assigned by immediate supervisor.

Key Performance Indicators

• Ensure responses to internal and external queries fall within agreed turnaround time.
• Effectiveness of Policies and processes developed in limiting credit defaults.
• Net Recoveries Vs Budget.
• Percentage of non-performing loans to the total loans approved.
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• Number of recurring audit exceptions.
• Turnaround time of credit processing and approval.
• Minimum loan loss provision.
• Compliance with internal and external policies.
• Level of customer satisfaction.

Job Requirements

Education: First degree in a relevant discipline; (MBA, MSc, MA, ML and/or Professional Qualifications compulsory).

Experience: 10 years relevant banking experience; 15 years non-banking but related experience.

Key Competency Requirements

• Proficiency in Credit Structuring.
• Relationship Management experience.
• Product Development.

Skills/Competencies

• Professional disposition.
• Strategy formulation & Business Awareness.
• Creativity & Innovation.
• Resource Management.
• Delegation & Empowerment.
• Ability to Inspire & Manage Change.
• Analytical Thinking.
• Decision Making.
• Problem Solving.
• Diversity Management.
• Interrogatory skills.
• Communication skills.
• Fraud Detection & Control.
• Internal Audit practice.
• Accounts Management.
• Analytical and Investigation Skills.
• Auditing Skills.
• Accounting Skills.
• Comprehensive Banking Operations (Domestic and Foreign) Skills.
• Comprehensive Treasury skills.

Reporting Relationships

Functionally reports to: MD/CEO

Administratively reports to: MD/CEO

Supervises: Credit analysis structuring and product programmes, Credit Administration, Monitoring & reporting, Recovery and Remedial.

Job Holder: Abubakar Juma Adam

Supervisor: Olugbenga Makinde

Application Instructions

Applications must be channeled through recruitment.tanzania@ubagroup.com.
Subject title: Application for Chief Credit Officer
Please attach your: Cover letter, CV, All Academic Certificates. Only shortlisted candidates will be contacted.