Credit Risk Manager, Retail Banking at DCB Commercial Bank Tanzania

DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as well as large corporate clients. DCB Bank has a wide branch network of over 9 branches, over 700 DCB Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.

We are currently seeking a qualified candidate to fill the role of Credit Risk Manager, Retail Banking. This role is responsible for credit-risk stewardship for the Bank’s Personal & Micro-Retail portfolio including unsecured salary-deduction loans, secured personal loans and group-based loan offerings including other products related to personal banking and Micro – Lending.

Responsibilities:

• Setting and enforcing product-specific credit parameters for personal banking, microcredit and micro-finance loans.
• Leading credit assessment of new employer/scheme agreements and ad-hoc product changes, presenting risk opinions to Credit Committee.
• Approving/declining individual applications within delegated authority; escalate above-limit exposures with clear recommendations.
• Ensuring adherence to the bank's policies and procedures in the appraisal of salaried loans.
• Verifying and ensure compliance with regulatory requirements in all loan appraisal activities.
• Overseeing proper administration of all loans within the system, validating accurate loan details.
• Reviewing accounts qualifying for write-offs and restructuring, recommend for approval.
• Monitoring the micro-credit and micro-finance portfolio and ensure that payments are received timely, and there is no portfolio deterioration.
• Reconciling files from scheme companies and treasury before uploading.
• Preparing detailed uploads and reports on a weekly, monthly, and quarterly basis.
• Reviewing the loan portfolio, checking for exceptions in disbursed accounts against product parameters.
• Monitoring loans with longer tenors, interest rates, and loan amounts against agreed terms and conditions.

Qualifications and Experience:

• Bachelor's degree in finance, accounting, economics, business or related field. Master's degree will be an added advantage.
• Excellent analytical, communication and interpersonal skills.
• Meticulous, with ability to work independently and make decision under pressure.
• 5-8 years of experience in credit risk assessment, financial analysis, portfolio management, loan structuring and restructuring, and regulatory compliance.
• Proven experience in managing teams.