Credit Analyst: Agriculture & Diversified Sectors at NBC Bank Tanzania

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

• To conduct quality credit risk assessments and reviews and proactively manage credit risks associated with clients across Agriculture & Diversified Industrials sectors.
• Ensuring timely assessment and evaluation of credit applications (new and/ or existing) while ensuring compliance with applicable internal policies, and external laws and regulations.
• Delivering high quality and consistent credit applications/recommendations. Monitor and control on nominated accounts within designated portfolio (s).
• To work within existing credit policies to structure appropriate bankable solutions for the client and manage all other credit related issues for a portfolio of clients.

Job Description

Key Accountabilities

Understanding The Credit/Solutions Development:

• Compile reviews, amendments and new applications to the appropriate lending authorities. Monitor the client performance on a continuous basis, in addition to performing annual reviews of clients, to ensure early detection of a client's business or operating environment.
• Develop a strong understanding of market fundamentals and be able to make market-informed contributions on a broad array of financing strategies that address clients’ specific needs.
• Assess the credit risk profile of the corporate portfolio, maintaining alignment with risk appetite by re-balancing any risks or controls that may be required in responses to internal and external factors.
• Work with other stakeholders (eg RM, FM, TB, Risk, and Legal) in structuring credit solutions for the clients and ensuring the appropriateness of the products.
• Responsible for end-to-end credit application processes by the Credit Analysts, including reviewing the submitted credit applications and other relevant documentation, and ensure in-depth analysis of various risks, quality presentation and fast credit approval.
• Provide technical support to the team, ensuring improvement in quality of the credit submissions and hence effectively managed the agreed SLA’s.
• Liaise directly with the sanctioning office for all credits that are outside local Risk management or the Relationship Manager’s personal 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.

Risk Focus:

• Understand and apply the relevant governance and compliance procedures to activities undertaken and maintain ongoing completion of relevant governance and compliance training
• Drive RWA efficiencies through ensuring that the data in terms of Default Grades (DG's), Loss Given Defaults (LGD's), limits and review dates are correctly captured on the Bank's credit systems and adequately supported in the credit systems.
• Drive and provide input to timeous preparation, review, sign-off and motivation of deal forums, new business committee and credit paper submissions (managing end-to-end credit process including facility letters, security perfection, conditions fulfilment, post sanction monitoring and control etc.) and optimally allocate credit limits and manage exposures across product and geography (where applicable)
• Guide the development and review appropriate documentation to complete annual credit review.
• Monitor and manage credit losses and write-offs, pro-active portfolio management resulting in zero losses in the portfolio (including excess management and facility conditions compliance)
• Act as the “second line of defence” in all risk matters relating clients under the portfolio
• Ongoing review of client base for potential High-Risk clients
• Act as escalation point for any identified risks.

People Focus: -

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

Role / Person Specification

Competency

Analytical ability. Attention to detail. Presenting and communicating information. Delivering results and meeting customer expectations. Planning and organizing. Formulating strategies and concepts. Entrepreneurial and commercial thinking.

Experiences & Qualifications:

Excellent understanding of credit and associated risks. Previous exposure to or experience in the Primary and/or Secondary Agriculture Industry will be an advantage.

Experienced user of CCRS or similar system to analyze, monitor and report on credit applications. Good skills that have been proven in a business or credit environment at management level. Accreditation in the use of CCRS would be an added advantage.

Knowledge, Expertise And Experience:

Credit Analysis and Sanctioning knowledge (Advanced). Sound Financial and Economics background (Advanced). Knowledge of Risk Management principles and practices (Advanced). Financial and mathematical knowledge (Advanced). Analytical Skills (Expert). Stakeholder Management Skills (Advanced). Secondary Agriculture Industry Knowledge and Background (including firm understanding of industry drivers) (an Advantage)

Qualifications

• Degree/Honours in Accounting or related Finance Degree.
• Minimum 5 years’ experience within Credit or Investment Analysis.
• Previous exposure to or experience in the Primary and/or Secondary Agriculture industry will be an advantage.

Qualifications

Bachelor`s Degrees and Advanced Diplomas - Business, Commerce and Management Studies, Banking Knowledge (Meets all of the requirements), Business Improvement Orientation (Meets all of the requirements), Customer Excellence - Service Delivery (Meets all of the requirements), Enabling team success (Meets all of the requirements), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development)