Manager / Officer Credit at Bank Of India Tanzania

BANK OF INDIA (TANZANIA) LTD IS HIRING

Job Title: Manager / Officer Credit Company: Bank of India (Tanzania) Ltd (A fully owned subsidiary of Bank of India) Location: Dar es Salaam Deadline: March 17, 2026

Role Overview The Manager or Officer of Credit is responsible for the end-to-end loan lifecycle, from analyzing and processing credit proposals to monitoring accounts and managing recoveries. This role requires a balance of technical financial analysis and the ability to mobilize and convince customers to grow the bank's credit business.

Key Duties and Responsibilities

Credit Processing and Analysis

• Prepare and process loan proposals, including disbursements and the issuance of LC, SBLC, and bank guarantees.
• Analyze balance sheets to assess appropriate credit limits for proponents.
• Scrutinize inward and outward transactions within borrower accounts to ensure compliance and financial health.

Documentation and Security

• Carry out physical inspections of loan securities.
• Complete all legal and internal documentation processes before disbursing credit limits.
• Ensure the proper filing and safekeeping of all sensitive papers and documents.

Monitoring and Recovery

• Follow up with borrowers to ensure regular operations in loan accounts.
• Manage the recovery of interest, loan installments, and overdue amounts, particularly in Non-Performing Asset (NPA) accounts.
• Liaise with lawyers, valuers, and recovery agents for various credit activities.

Compliance and Reporting

• Prepare closing returns for regulators and various statements for the Head Office pertaining to the Credit Department.
• Supervise vouchers within the credit department.

Qualifications, Experience, and Skills

Education

• Bachelor’s degree in Banking, Economics, Accountancy, Finance, or Business Administration and Management.

Experience

• At least four years of working experience in a bank or financial institution.
• A minimum of three years of experience specifically in branch operations, preferably within a credit department.
• Demonstrated experience in analyzing credit proposals, monitoring borrower accounts, and handling trade finance.

Skills

• Strong analytical skills and proficiency in computer software, including Excel.
• Excellent written and oral communication skills.
• Ability to convince and mobilize customers to canvass new business for the bank.

Application Requirements Interested candidates must submit a detailed CV including:

• Date of birth.
• Educational qualifications and work experience.
• Names and addresses of three referees.
• Certified copies of academic and professional certificates.
• A copy of your last salary slip and your expected gross salary.

Applications should be sent to: The Managing Director Bank of India (T) Ltd Maktaba Square Building, Azikiwe Street P.O. Box 7581, Dar es Salaam