Senior Manager; Credit Assessment at NMB Bank Tanzania

Responsible for leading the Retail Credit Assessment team through competent management, assessment, administration, inspection, monitoring, and reporting on the credit risk of the bank. This ensures the sustainably profitable position of the Bank by originating and maintaining a Retail Credit portfolio which contributes to the Bank's strategy.

Main Responsibilities:

• Manage the Credit Retail personnel to assess the business and financial risks in credit applications through reviews and approvals/rejections of credit applications, as measured by feedback to Credco/CCO/Head of Retail Credit.
• Lead, drive the performance of, and actively manage the team charged with the business of credit assessment and approvals with specific responsibilities for the Retail Borrowers as defined by the bank.
• Ensure the highest standards of credit quality through assessment, sampling and application of best practice to credit proposals and maintenance of the standards throughout.
• Advise the Head; Retail Credit timely on any known potential or actual shift on risk profile of a borrower / sector providing mitigation or remedial action in the process.
• Analyze and manage the credit analysis requirements for counterpart risk and issuer risk. Entities include Individuals, Sovereigns, Financial Institutions, Corporates, Non- Bank Financial Institution, as measured by reviews of all Retail, NBFI and Sovereign entities.
• Invitee to Credit Committees, Watchlist Committee, and Board Credit Committee on a need basis.
• Engage in front office liaison to identify and mitigate credit risks at the earliest stages and ensure that business is properly structured to maximize the banks protection against credit loss to identify hot spots, sweet spots and black swans in the portfolio.
• Work closely with the Head; Retail Credit, Zonal Managers and Branch Managers in streamlining the operational functions of the bank and recommending beneficial operational changes from time to time.
• Work closely with other Zonal Managers in identifying areas of improvement in the Current Products, Processes and Services and recommending appropriate solutions to minimize risks.
• Manage the information flow in both directions (upwards and downwards).
• Build, develop and lead “Winning Teams” through good guidance, training and empowerment.
• Be a Role Model in all aspects of management to the direct reports and other team members within the network.
• Implement the bank's Performance Management directives.
• Ensure that staff understand the context of their role in relation to the department and bank strategy
• Manage the performance of departmental staff including contracting, reviewing, and appraising performance
• Develop models for measuring Value at Risk (VaR), including default probability, loss given default and rating migration.
• Assist in preparation and presentation of credit approval packs/ requests to the Credit Committees Challenge pricing to maximize value. Ultimate sign-off at customer level remains with Chief Retail Banking / Pricing Committee.
• Support the Head; Retail Credit in the risk aggregation, Management and proactive monitoring processes.
• Develop credit risk measurement methodology.
• Ensure full compliance, provide oversight as well as monitor the implementation of various consumer protection requirements across business area/Unit.
• Lead the bank's credit audit assignments in relation to the bank's retail portfolio from the Bank of Tanzania and External auditors and ensure all audit queries are attended to timely.
• Manage credit risk related policies and procedures of the bank as well as staffing and development of the function.
• To Develop internal assessment models for quantification of product-related credit risks and ensure communication of key risk register.
• Ensure full compliance, provide oversight as well as monitor the implementation of various consumer protection requirements across business area/Unit.
• Ensure full engagement with MI and Credit Reporting on issues to do with data clean-up for CRB, BOT, internal and external audit findings and related action items towards closure of the findings.
• Engage in initiatives towards proactive understanding and management of IFRS 9 impairments in closely managing key metrics PAR, NPL and ECL (general and specific)
• In close engagement with the Special Asset Management (SAM) department, develop, understand the disseminate lessons learnt for focused communication including proactive strategies to learn and improve the book quality.
• Engage in system development to ensure the credit functionalities are fully understood and embedded in the offerings, ensure that the relevant staff are fully involved in end-to-end robust testing to ensure the requisite functionalities are provided to the Bank's satisfaction.

Knowledge and Skills:

• Retail credit, Specialist asset management, Business Law, Wholesale and Retail credit.
• Technical - Business understanding of structured transactions
• Behavioural - Leadership of Change, Adaptability, Coaching, Delegation, Managing Employee Performance

Qualifications and Experience:

• Bachelors degree in Banking, Business Administration, Finance, Accounting, Commerce, Law, Economics or related fields.
• Master's degree in business studies is an added advantage
• Postgraduate education in Banking and/or Banking certification(s) is an added advantage.
• At least 5 years' experience in Credit Management (Preferably Retail) with leadership experience in medium to large organizations.
  
  NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving 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.

Job opening date : 21-Oct-2025

Job closing date : 04-Nov-2025