Manager Agency & Security Trustee at CRDB Bank Tanzania

Reporting Line

Senior Manager; Agency & Security Trustee

Location

Tanzania Head Office

Department

DEPARTMENT OF CORPORATE BANKING

Number of openings

1

Job Purpose

Responsible for managing the bank’s role as agent in loan administration and serving as the primary liaison between the borrower and the lending syndicate. Manages key activities such as loan disbursements, repayments, and reporting in line with agreements between the syndicate members and the borrower, ensuring efficient operations and full compliance with the loan terms.

Principle Responsibilities

Loan Administration

• Manage the day-to-day administration of syndicated loans, including processing drawdowns, repayments, and interest payments.
• Ensure timely and accurate execution of all loan-related transactions.

Communication Hub

• Serve as the central liaison between the borrower and the syndicate of lenders, ensuring efficient and transparent communication.
• Collaborate effectively with internal departments (Legal, Credit, Treasury, Operations) and external stakeholders such as legal counsel and auditors.
• Coordinate and facilitate lender meetings, consent solicitations, amendments, waivers, and other corporate actions.

Compliance

• Ensure all loan activities adhere to the loan agreement terms and comply with relevant regulatory requirements.

Reporting

• Prepare and distribute periodic reports to lenders, providing updates on loan status, performance, and key developments.

Monitoring

• Continuously monitor the loan for risks, including covenant breaches or changes in the borrower’s financial health.
• Oversee borrower compliance with covenants and take appropriate actions in case of defaults or breaches, including prompt submission of incident reports.
• Stay updated on legislative changes, market trends, and emerging risks impacting the agency function.

Relationship Management

• Foster and maintain strong, professional relationships with both borrowers and syndicate members.
• Ensure smooth, efficient, and compliant operations throughout the syndicated loan lifecycle.

Dispute Resolution

• Support in facilitating resolution of disputes between borrowers and lenders when they arise.

Qualifications Required

• Education: Bachelor’s degree in Finance, Business, or a related field.
• Experience: 5 years of experience in corporate banking, syndication, or a related field, with at least 3 years in lending practices.
• Technical Expertise: Strong understanding of corporate finance, credit analysis, risk management, and corporate banking products, services, and delivery channels.
• Market Knowledge: Well-versed in competitive market structures, industry practices, and regulations for business banking, with a minimum of 3 years’ experience in the local environment.
• Skills:
  • Excellent negotiation, selling, and communication skills.
  • Strong analytical and problem-solving capabilities.
  • Proven ability to manage multiple projects simultaneously and meet tight deadlines.
  • Ability to quickly acquire and apply new knowledge effectively.
  • High level of cultural awareness and adaptability.

CRDB Commitment

CRDB Bank is dedicated to upholding Sustainability and ESG practices and encourage applicants who share this commitment. The Bank also promotes an inclusive workplace, hence applications from women and individual with disabilities are encouraged.

It is important to note that CRDB Bank does not charge any fees for the application or recruitment process, and any requests for payment should be disregarded as they do not represent the bank’s practices.

Only Shortlisted Candidates will be Contacted.

Deadline

2025-09-05

Employment Terms

PERMANENT