Job purpose

The primary objective of this role is to review customer-pledged collateral used as security and assess financed construction projects as directed by the Senior Manager, Collateral Assessment and Valuation.

The role ensures that all pledged collateral is adequate to secure credit facilities and that risks linked to financed projects are properly mitigated in line with the Credit Policy, Credit Manual, and applicable regulatory requirements.

Key responsibilities

The Specialist Quantity Surveyor will be responsible for the following duties:

• 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 corresponding construction activities to support effective monitoring of financed construction projects.
• Determine updated construction rate benchmarks for various building categories and align them with standards issued by the Tanzania Building Agency.
• Perform internal valuation and verification of all collateral pledged by customers, including collateral valued by independent external professional valuers.
• Assess the security coverage ratio for proposed remaining securities in cases involving discharge or change of collateral for existing customers with outstanding balances.
• 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, or City Council.
• Create a data bank for sold properties and chattels under both normal market conditions and restricted or 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 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 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 the Bank’s business goals and objectives.
• Provide BOQ assessment training to lending officers across the Bank’s network as 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, particularly in construction-financed projects and emerging industry issues.

Qualifications and experience required

Applicants should meet the following requirements:

• Bachelor of Science in Quantity Surveying and Construction Economics.
• Minimum of 4 years of relevant experience in construction cost management or project appraisal.
• Membership in professional institutions such as RICS, AAKQS, or local quantity surveying bodies will strengthen suitability.
• Registration with a 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, including real estate, infrastructure, or industrial projects, is strongly preferred.
• Practical experience across the full construction project lifecycle, from pre-contract to post-contract stages.
• 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 supply and demand economics within the real estate sector.
• Proficiency in Geographic Information Systems (GIS) to verify plot demarcations for financed projects and customers’ pledged collateral.
• Strong understanding of the building construction industry, with up-to-date knowledge of construction rates across various building categories.
• Demonstrated proficiency in software and technology used in construction project assessment and property valuation.
• High level of professionalism and integrity.
• Strong attention to detail, effective time management, and conflict resolution skills.
• Good commercial judgment, reporting, and communication abilities.
• Proven ability to multitask and perform under pressure while maintaining adaptability and efficiency in demanding environments.

CRDB Bank commitment

CRDB Bank is committed to upholding Sustainability and ESG practices and encourages applicants who share this commitment.

The Bank also promotes an inclusive workplace. Applications from women and individuals with disabilities are encouraged.

CRDB Bank does not charge any fees for the application or recruitment process. Any request for payment should be disregarded, as it does not represent the Bank’s official recruitment practices.

Only shortlisted candidates will be contacted.

• 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 corresponding construction activities to support effective monitoring of financed construction projects.
• Determine updated construction rate benchmarks for various building categories and align them with standards issued by the Tanzania Building Agency.
• Perform internal valuation and verification of all collateral pledged by customers, including collateral valued by independent external professional valuers.
• Assess the security coverage ratio for proposed remaining securities in cases involving discharge or change of collateral for existing customers with outstanding balances.
• 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, or City Council.
• Create a data bank for sold properties and chattels under both normal market conditions and restricted or 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 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 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 the Bank’s business goals and objectives.
• Provide BOQ assessment training to lending officers across the Bank’s network as 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, particularly in construction-financed projects and emerging industry issues.

• Proficiency in Excel, cost management tools, and BOQ preparation.
• Understanding of supply and demand economics within the real estate sector.
• Proficiency in Geographic Information Systems (GIS) to verify plot demarcations for financed projects and customers’ pledged collateral.
• Strong understanding of the building construction industry, with up-to-date knowledge of construction rates across various building categories.
• Demonstrated proficiency in software and technology used in construction project assessment and property valuation.
• High level of professionalism and integrity.
• Strong attention to detail, effective time management, and conflict resolution skills.
• Good commercial judgment, reporting, and communication abilities.
• Proven ability to multitask and perform under pressure while maintaining adaptability and efficiency in demanding environments.

• Bachelor of Science in Quantity Surveying and Construction Economics.
• Minimum of 4 years of relevant experience in construction cost management or project appraisal.
• Membership in professional institutions such as RICS, AAKQS, or local quantity surveying bodies will strengthen suitability.
• Registration with a 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, including real estate, infrastructure, or industrial projects, is strongly preferred.
• Practical experience across the full construction project lifecycle, from pre-contract to post-contract stages.
• Strong expertise in project measurements, contracts, and cost control.
• Prior exposure to a banking or project finance environment will be an added advantage.