Specialist Quantity Surveyor at CRDB Bank Tanzania

Department

DEPARTMENT OF CREDIT

Location

Tanzania Head Office

Number of openings

1

Job Purpose

The primary objective of this role is to review customer pledged collateral as securities and assess financed construction projects as shall be directed by the Senior Manager, Collateral Assessment and Valuation. This is to ensure that all pledged collateral is adequate to secure credit facilities and that risks associated with financed projects are properly mitigated in line with the Credit Policy, Credit Manual, and applicable regulatory requirements.

Principle Responsibilities

• Assess customers’ equity contributions for project‑financed construction at the onboarding stage and provide professional advice to safeguard the Bank’s interests in compliance with Credit Policy requirements.
• Advise on appropriate and manageable disbursement tranches aligned with the corresponding construction activities to support effective monitoring of financed construction projects.
• Determine updated construction rate benchmarks for various building categories and align them with the standards issued by the Tanzania Building Agency.
• Perform internal valuation and verification of all collaterals pledged by customers, which have been valued by independent external professional valuers.
• Assess the security coverage ratio for proposed remaining securities in the event of discharge or change off collateral for existing customers with outstanding balances.
• Ability to conduct Collateral Due Diligence (CDD) for borrowers and prepare or update Collateral Assessment Checklists.
• Conduct physical inspections of customers financed construction projects and pledged collateral securities and carry out necessary verifications as required.
• Establish land market prices per square meter through formal and local real estate agencies and align them with government indicative prices available in the respective District/Town/Municipal/City Council.
• Create a data bank for sold properties/chattels under both normal market conditions and restricted/forced market conditions.
• Provide basic internal training to Credit Analysts, Relationship Managers, Business Development Managers, Relationship Officers, and other lending staff on reviewing customers submitted BOQs and on construction project monitoring skills.
• Identify construction‑related cost, time, and contractual risks in project‑financed developments and recommend appropriate mitigation measures.
• Perform any other collateral assessment related duties as may be assigned by the Senior Manager, Collateral Assessment and Valuation or any other appropriate authority.
• Train, develop, and mentor junior staff, including interns and field staff, to ensure their performance aligns with Bank’s business goals and objectives.
• Provide BOQ assessment training to lending officers across the Bank’s network, as shall be directed by the Senior Manager, Collateral Assessment and Valuation or any other appropriate authority.
• Participate in relevant professional training programs to strengthen collateral assessment capabilities, with a particular focus on construction‑financed projects and emerging industry issues

Qualifications Required

• Bachelor of Science in Quantity Surveying and Construction Economics.
• Possess a minimum 4 years’ relevant experience in construction cost management or project appraisal.
• Membership of professional institutions (e.g. RICS, AAKQS, or local QS bodies) strengthens suitability.
• Registered with the relevant Professional Board, such as the Board of Registration of Architects and Quantity Surveyors, will be considered an added advantage.
• Experience in large-scale construction projects (real estate, infrastructure, industrial) management is strongly preferred.
• Practical experience across the full construction project lifecycle (pre‑contract to post‑contract) with strong expertise in project measurements, contracts, and cost control.
• Prior exposure to a banking or project finance environment will be an added advantage.
• Proficiency in excel, cost management tools, and BOQ preparation.
• Understanding of the economics of supply and demand within the real estate sector.
• Proficient in the use of Geographic Information Systems (GIS) to verify plot demarcations for financed projects & customers’ pledged collaterals.
• Strong understanding of the building construction industry with up‑to‑date knowledge of construction rates across various building categories.
• Demonstrated proficiency in the use of software and technology applied to construction project assessment and property valuation.
• Demonstrated professionalism and integrity with strong attention to detail, effective time management, and conflict resolution skills, along with good commercial judgment, reporting, and communication abilities.
• Proven ability to multitask and perform under pressure, maintaining adaptability and efficiency in demanding environments.

Deadline

2026-05-25

Employment Terms

PERMANENT

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.