Background

Victoria Finance Plc (VFP) is a leading microfinance company in Tanzania. Established in 2009 and started operation in 2010. The company is a regulated microfinance institution dedicated to providing microfinance services to low and middle-income earners, women, and youths in Tanzania. The company currently has seven branches and one insurance broking subsidiary company – Victoria Insurance Brokers Limited which was established in 2017. Victoria Finance has established branches in Dar es Salaam, Morogoro, Iringa Mbeya and Dodoma with ability to serve smallholder farmers in more than thirteen regions through its digital agriculture products – Kilimo Pesa.

The Company is inviting applications from qualified, experienced and result-oriented professionals to fill the position of Chief Credit Officer (CCO) (1 post).

Position Details

Reporting to the Managing Director, the CCO will monitor credit risk and portfolio quality, credit analysis, credit administration and recovery and internal and regulatory compliance.

Key Responsibilities

• Provide strategic leadership and oversight of the credit function in compliance with Microfinance Regulations
• Develop, implement, and enforce credit policies, underwriting standards, and portfolio quality controls
• Oversee credit appraisal, approvals, loan portfolio performance, collections, and recoveries
• Manage digital lending platforms and a diverse range of loan financing products including micro, SME, retail, and secured lending
• Monitor portfolio risk, PAR, NPLs, provisioning, and regulatory reporting

Qualifications and Experience

• Bachelor’s degree in finance, Banking, Economics, Accounting, or related field
• Master’s degree or professional qualification (CPA/ CFA) is an added advantage
• Minimum 10 (Ten) years’ experience in credit management, with at least five (5) years in senior management level
• Proven experience in regulated microfinance and digital lending operations

• Provide strategic leadership and oversight of the credit function in compliance with Microfinance Regulations
• Develop, implement, and enforce credit policies, underwriting standards, and portfolio quality controls
• Oversee credit appraisal, approvals, loan portfolio performance, collections, and recoveries
• Manage digital lending platforms and a diverse range of loan financing products including micro, SME, retail, and secured lending
• Monitor portfolio risk, PAR, NPLs, provisioning, and regulatory reporting

• Bachelor’s degree in finance, Banking, Economics, Accounting, or related field
• Master’s degree or professional qualification (CPA/ CFA) is an added advantage
• Minimum 10 (Ten) years’ experience in credit management, with at least five (5) years in senior management level
• Proven experience in regulated microfinance and digital lending operations