Assistant Manager – Credit
2025-05-28T07:46:46+00:00
Diamond Trust Bank ( DTB )
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FULL_TIME
Dar es Salaam
Dar es Salaam
00000
Tanzania
Banking
Accounting & Finance
2025-06-04T17:00:00+00:00
Tanzania
8
Job Purpose:
The primary responsibility is to control Credit Risk in the loan book of the Bank, which includes review of Credit Assessments (CA), remediation of high-value under-performing accounts, and monitoring and control measures to be adopted with the highest standards.
Duties:
- Review Credit Risk parameters within each Credit Application prior to submission to the Management Credit Committee, identifying credit risk elements and ensuring such elements are minimized, mitigated, and controlled, leading to overall high-standard credit quality of the portfolio.
- Manage high-value under-performing accounts, including renegotiations, restructures, and workouts, with the goal of returning business and retaining the accounts in performing status.
- Undertake close monitoring of the overall portfolio, detect early warning signals and portfolio quality deterioration, and ensure actions are taken by business units accordingly.
- Continuously improve the quality of the credit control framework.
- Provide enhanced supervision on low-rated, stressed, and watchlist accounts, including NPAs.
Remediation activities include:
- Reviewing business viability via examinations of historical performance to identify the root cause of poor performance
- Reviewing projected financials
- Physical visits to clients
- Inspection of collaterals
- Frequent meetings with clients
- Engaging relevant service providers such as lawyers, fund raising agents, valuers, investigators, and auctioneers
Requirements:
- Bachelor’s degree in Accounting, Business Administration, Banking and Finance, Economics, or similar
- Master’s degree or Post Graduate Degree in Business, Commerce, Economics, or related subjects is an added advantage
- At least 5 years of banking experience in the Corporate/Credit Lending units in a leading bank in Tanzania
Personal Attributes:
- Strong evaluation, communication, and reporting skills
- Solid experience in credit analysis
- Excellent negotiation and relationship management skills
- Debt structure and covenant setting skills
- Proficiency in Microsoft applications, Loan Origination Systems (LOS), and Core Banking Systems (CBS)
Review Credit Risk parameters within each Credit Application prior to submission to the Management Credit Committee, identifying credit risk elements and ensuring such elements are minimized, mitigated, and controlled, leading to overall high-standard credit quality of the portfolio. Manage high-value under-performing accounts, including renegotiations, restructures, and workouts, with the goal of returning business and retaining the accounts in performing status. Undertake close monitoring of the overall portfolio, detect early warning signals and portfolio quality deterioration, and ensure actions are taken by business units accordingly. Continuously improve the quality of the credit control framework. Provide enhanced supervision on low-rated, stressed, and watchlist accounts, including NPAs.
Strong evaluation, communication, and reporting skills Solid experience in credit analysis Excellent negotiation and relationship management skills Debt structure and covenant setting skills Proficiency in Microsoft applications, Loan Origination Systems (LOS), and Core Banking Systems (CBS)
Bachelor’s degree in Accounting, Business Administration, Banking and Finance, Economics, or similar Master’s degree or Post Graduate Degree in Business, Commerce, Economics, or related subjects is an added advantage At least 5 years of banking experience in the Corporate/Credit Lending units in a leading bank in Tanzania
JOB-6836bf66100da
Vacancy title:
Assistant Manager – Credit
[Type: FULL_TIME, Industry: Banking, Category: Accounting & Finance]
Jobs at:
Diamond Trust Bank ( DTB )
Deadline of this Job:
Wednesday, June 4 2025
Duty Station:
Dar es Salaam | Dar es Salaam | Tanzania
Summary
Date Posted: Wednesday, May 28 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Purpose:
The primary responsibility is to control Credit Risk in the loan book of the Bank, which includes review of Credit Assessments (CA), remediation of high-value under-performing accounts, and monitoring and control measures to be adopted with the highest standards.
Duties:
- Review Credit Risk parameters within each Credit Application prior to submission to the Management Credit Committee, identifying credit risk elements and ensuring such elements are minimized, mitigated, and controlled, leading to overall high-standard credit quality of the portfolio.
- Manage high-value under-performing accounts, including renegotiations, restructures, and workouts, with the goal of returning business and retaining the accounts in performing status.
- Undertake close monitoring of the overall portfolio, detect early warning signals and portfolio quality deterioration, and ensure actions are taken by business units accordingly.
- Continuously improve the quality of the credit control framework.
- Provide enhanced supervision on low-rated, stressed, and watchlist accounts, including NPAs.
Remediation activities include:
- Reviewing business viability via examinations of historical performance to identify the root cause of poor performance
- Reviewing projected financials
- Physical visits to clients
- Inspection of collaterals
- Frequent meetings with clients
- Engaging relevant service providers such as lawyers, fund raising agents, valuers, investigators, and auctioneers
Requirements:
- Bachelor’s degree in Accounting, Business Administration, Banking and Finance, Economics, or similar
- Master’s degree or Post Graduate Degree in Business, Commerce, Economics, or related subjects is an added advantage
- At least 5 years of banking experience in the Corporate/Credit Lending units in a leading bank in Tanzania
Personal Attributes:
- Strong evaluation, communication, and reporting skills
- Solid experience in credit analysis
- Excellent negotiation and relationship management skills
- Debt structure and covenant setting skills
- Proficiency in Microsoft applications, Loan Origination Systems (LOS), and Core Banking Systems (CBS)
Work Hours: 8
Experience in Months: 60
Level of Education: bachelor degree
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