Collateral Inspection Coverage Manager at NMB Bank Tanzania

Responsible for overseeing and coordinating all collateral inspection activities across zones to ensure timely, accurate, and risk-based coverage. Safeguard operational efficiency and standardization across all inspection zones.

Main Responsibilities:

• Supervise a team of Collateral Inspection and Reporting Specialists, providing guidance, training, and performance oversight.
• Ensuring uniform application of inspection protocols.
• Develop and maintain an annual inspection plan that aligns with the bank's collateral risk profile and business volumes.
• Review inspection reports for quality, consistency, and completeness before submission to governance and credit units.
• Review validation of inspection report and report to senior management on collateral status and any potential risks.
• Monitor collateral-related risks identified through field inspections and ensure prompt escalation and follow-up action.
• Analyze inspection trends to detect early warning signs of fraud, deterioration, or non-compliance in collateral arrangements.
• Work closely with the Collateral Governance team to strengthen field level controls and incorporate lessons learned from audit findings.
• Ensure that zonal inspectors adhere to safety, ethical, and security standards during field activities.
• Serve as the main liaison between the field inspection team and central units such as Risk, Credit, Legal, and Relationship Management.
• Engage warehouse operators, borrowers, and third-party collateral managers to resolve complex or escalated inspection issues.
• Present consolidated field insights and coverage statistics to senior management to inform strategic collateral decisions.
• Coordinate with internal audit, compliance, and external assurance providers during inspections or control assessments.

Knowledge and Skills:

• Strong expertise in collateral inspection, risk-based monitoring, and asset verification techniques.
• Business understanding of loan portfolio management, NMB lending policies and loan products.
• Proven leadership and team management skills, including remote supervision across regions or branches.
• Analytical acumen with ability to synthesize field data into actionable insights for risk mitigation.
• Excellent report writing, communication, and stakeholder engagement abilities.
• Familiarity with digital inspection tools, GPS tracking, photographic evidence systems, and mobile reporting apps.
• Ability to travel as needed and handle cross-regional operational challenges.

Qualifications and Experience:

• Bachelor's degree in Finance, Agribusiness, Business Administration, Economics, or a related discipline.
• Minimum of 4 years' experience in banking or financial services, with substantial exposure to secured lending, commodity finance, and risk management.

NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.

Only shortlisted candidates will be contacted.