Director of Credit

Provide strategic leadership and oversight of the Bank's lending, credit quality, credit administration and recoveries, ensuring prudent portfolio management, sustainable growth and compliance with approved governance and regulatory requirements.

The role will also oversee AI-enabled credit analytics, ESG risk assessment and portfolio stress testing.

KEY RESPONSIBILITIES

The successful candidate will:

• Lead the Bank's credit strategy, policies and lending governance framework.
• Oversee independent credit assessment, approvals and delegated authorities.
• Strengthen portfolio monitoring, early-warning systems and credit analytics.
• Oversee credit administration, collateral management and security perfection.
• Drive effective collections, restructuring and recoveries.
• Provide oversight of cooperative and agricultural credit.
• Ensure effective credit controls, regulatory compliance and continuous process improvement.

QUALIFICATIONS AND EXPERIENCE

• Bachelor's Degree in Banking, Finance, Economics, Accounting or a related discipline.
• A relevant Master's Degree or MBA is an added advantage.
• Minimum 5 years' progressive professional experience, including at least 3 years in senior management or executive leadership, preferably within a regulated financial institution.
• Demonstrated experience in credit underwriting, portfolio management, recoveries and banking risk, together with knowledge of the Tanzanian banking and regulatory environment.

KEY COMPETENCIES

• Credit appraisal.
• Credit policy.
• Portfolio analytics.
• Credit risk.
• Collateral management.
• Recoveries.
• Agricultural finance.
• Regulatory compliance.
• Strategic leadership.
• Sound professional judgement.

HOW TO APPLY

Interested and suitably qualified candidates should submit their application pack in PDF format, comprising the following documents:

(a) Application Letter

• An application letter not exceeding 3 pages, showing how you meet the position requirements.

(b) Academic Documents

• Copies of university degrees and transcripts.
• Applicants with degrees from foreign universities must attach a TCU letter of recognition of their degree.

(c) Identification

• A copy of an identification card, such as a driving licence or NIDA card.

(d) Contact Information

• Contact address.
• Telephone number(s).
• Email address(es).

(e) Professional Referees

• Names and full addresses/contact details of three (3) professional-related referees.

APPLICATION SUBMISSION

Applications should be addressed to:

The Managing Director
Coop Bank Tanzania

Applications must be submitted only through Ernst & Young's email address:

Email: [email protected]

The email address is also provided as: info(dot)Tanzania(at)tz(dot)ey(dot)com.

APPLICATION DEADLINE: 20TH NOVEMBER 2026 AT 17:00 HOURS

IMPORTANT NOTES

• Only shortlisted candidates will be contacted.
• Coop Bank is an equal opportunity employer and promotes gender equality.