Category: Accountancy, Finance & Insurance
Location: Dar es Salaam, Tanzania
Employment Type: Full-Time
Summary: Mkombozi Commercial Bank Plc
Description:
Key Responsibilities
As Credit Risk Owner, identifies, mitigates, and monitors risks in credit function; Plans and initiates strategies for portfolio development and recovery of loans; Conducts market surveys and identifies new and viable markets for lending business;
Reviews lending policies and procedures on a regular basis and submits appropriate improvement plans and strategies;
Coordinates all recovery activities and ensures prompt recovery;
Monitors and controls the performance of all loans, and overdrafts including staff loans;
Compiles, disseminates and monitors implementation of lending policies, procedures and Central Bank regulations. (Especially regarding classification and recovery of outstanding portfolio);
Ensures that proper securities are taken on and registered in accordance with letters of Analyses arrears rate on monthly bests:
Devises, and keeps to, roster for regular visitation of businesses in order to assess lending performance;
Prepare monthly credit statistics and reports to the Branch Manager;
Submits quarterly reports to Branch Manager on overall lending performance;
Identifies old loans previously handed to lawyers and contacts lawyers so as to ascertain the current position of these cases;
To ensure follow-up of all legal cases by following up cases handled’ by auctioneers and lawyers;
Requirements:
Qualifications & experience required
Degree/ Advanced Diploma in Business administration Finance or any related
A minimum of 2 years working experience within the Banking services sector.
Substantial experience in credit analysis for retail banking
Excellent communication skills.
Managing Director
Mkombozi Commercial Bank Plc
P.O. Box 3844B
Dar es Salaam
Deadline: 07/07/2012
