Vacancy title:
Manager; Collateral Inspection Coverage

[Type: FULL_TIME, Industry: Banking, Category: Accounting & Finance]

Jobs at:
NMB Bank

Deadline of this Job:
Thursday, July 31 2025

Duty Station:
Tanzania | Dar es Salaam | Tanzania

Summary
Date Posted: Thursday, July 17 2025, Base Salary: Not Disclosed

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JOB DETAILS:

Responsible for overseeing and coordinating all collateral inspection activities across zones to ensure timely, accurate, and risk-based coverage. Safeguard operational efficiency and standardization across all inspection zones.

Main Responsibilities:

• Supervise a team of Collateral Inspection and Reporting Specialists, providing guidance, training, and performance oversight.
• Ensuring uniform application of inspection protocols.
• Develop and maintain an annual inspection plan that aligns with the bank's collateral risk profile and business volumes.
• Review inspection reports for quality, consistency, and completeness before submission to governance and credit units.
• Review validation of inspection report and report to senior management on collateral status and any potential risks.
• Monitor collateral-related risks identified through field inspections and ensure prompt escalation and follow-up action.
• Analyze inspection trends to detect early warning signs of fraud, deterioration, or non-compliance in collateral arrangements.
• Work closely with the Collateral Governance team to strengthen field level controls and incorporate lessons learned from audit findings.
• Ensure that zonal inspectors adhere to safety, ethical, and security standards during field activities.
• Serve as the main liaison between the field inspection team and central units such as Risk, Credit, Legal, and Relationship Management.
• Engage warehouse operators, borrowers, and third-party collateral managers to resolve complex or escalated inspection issues.
• Present consolidated field insights and coverage statistics to senior management to inform strategic collateral decisions.
• Coordinate with internal audit, compliance, and external assurance providers during inspections or control assessments.

Knowledge and Skills:

• Strong expertise in collateral inspection, risk-based monitoring, and asset verification techniques.
• Business understanding of loan portfolio management, NMB lending policies and loan products.
• Proven leadership and team management skills, including remote supervision across regions or branches.
• Analytical acumen with ability to synthesize field data into actionable insights for risk mitigation.
• Excellent report writing, communication, and stakeholder engagement abilities.
• Familiarity with digital inspection tools, GPS tracking, photographic evidence systems, and mobile reporting apps.
• Ability to travel as needed and handle cross-regional operational challenges.

Qualifications and Experience:

• Bachelor's degree in Finance, Agribusiness, Business Administration, Economics, or a related discipline.
• Minimum of 4 years' experience in banking or financial services, with substantial exposure to secured lending, commodity finance, and risk management.

Work Hours: 8

Experience in Months: 48

Level of Education: bachelor degree

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