Head of SME

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Job Summary

• A credit profession acting as credit expert to the relationship team and the conduit to the credit risk function for sanctioning purpose.
• Responsible for developing practical and appropriate credit solutions (i.e. lending structures through understanding of customer’s needs).
• Delivering high quality and consistent credit applications/recommendations.
• Monitor and Control on nominated accounts within designated portfolio (s).
• Maintain data integrity in the CCRS and ensuring financial information are updated on regular basis

Key Accountabilities

Understanding the Credit/Solutions development 30%

• Assess customer’s business through the analysis of the business and credit risk associated with the provision of the bank’s products and services to the customer
• Develop high quality credit solutions with the view of providing timely and quality credit decisions.
• Be the joint contract for credit management purposes for accountants, solicitors and other professionals.
• Sanctioning of credit applications and or preparation of credit applications for recommendations to the senior sanctions for exposure above personal discretion.

Business Risk Partnership 30%

• Work in partnership with RMs on new and existing credit applications, providing guidance on credit appetite and consulting with other product partners.
• Liaise directly with the Head of Credit and or sanctioning office for all credits that are outside own discretion
• Attend customer meetings with the Relationship manager if credit related issues are to be discussed/need to be resolved.
• Proactively contribute to embedding agreed change management initiatives in support of process and quality improvements, cost reduction
• Support and contribute to specific industry focus as determined by the Corporate/Credit teams.
• Review and sign facility letters and co-ordinate execution of documentation and drawdown of facilities

Portfolio management – Monitoring and Control 30%

• Responsible for managing financial information produced by customers.
• Responsible for managing the end to end process for risk reports, challenging relationship managers where control lapses or potential risk has been identified.
• Monitor and Control quality of portfolio using Condition of sanction triggers where possible. Discussing with sanctioner deteriorating trends and trigger events if they give cause of concern advising the Relationship
• Manager simultaneously

Teamwork 10%

Outputs to deliver this accountability:

• Support the Team leaders in delivering effective performance development for individuals within the team.
• Drive proactive application of Absa guiding Principles both personally and throughout the team and coach and support colleagues within the Team

Experiences & Qualifications Required

• Proven experience in Credit role at junior management level gained within the bank or at other financial institutions
• Excellent understand of credit and associated risks
• Experienced user of CCRS or similar system to analyze, monitor and report on the credit applications
• Good skills that have been proven in a Business or credit environment at management level.
• The ACIB professional qualification or equivalent
• Accreditation on use of CCRS would be an added advantage.

Knowledge & Expertise

• Internal instruction /procedures including Head office instructions, CCRS
• Products and services frequently used by customers
• Knowledge of CCRS.
• Detailed knowledge of credit techniques
• Awareness of legislation affecting the Bank and customers having the highest regard for confidentiality

Special work requirements:

• Analytical and numerate
• Communication and presentation skills
• CCRS and IT skills
• Negotiation skills
• Interpersonal skills
• Most complex decision that can be taken without referral to the manager:
• Sanctioning of the credit facilities

Qualifications

Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Credit Risk (Meets all of the requirements), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment at junior specialist level, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)

Deadline: 2023-04-26

Location: Head Office NBC

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