Chief Credit Officer at UBA Bank Tanzania

Department: Credit

Job Objectives

• 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 & 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 the credit cycle is compliant with policy from Target Market Definition, extension and availment of credits, and ongoing monitoring up to collection.
• Limit credit infractions by applying approved sanctions on defaulting officers.
• Ensure high Credit Administration standards with suitable archiving and reporting systems.
• Ensure development of Product Programs which address key marketing initiatives while maintaining security for the Bank.
• Identify causes of credit failures and disseminate them 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 the 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.
• Perform any other duties as assigned by the 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.
• 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 are compulsory.

Experience

• 10 years relevant banking experience.
• 15 years non-banking but related experience.

Key Competency Requirements

Knowledge

• 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.

Interested candidates are required to submit:

• A detailed CV
• A Cover Letter
• Copies of all academic certificates

Applications must be sent electronically to: [email protected]