Vacancy title:
Director of Credit

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

Jobs at:
Coop Bank Tanzania

Deadline of this Job:
Friday, November 20 2026

Duty Station:
Dar es Salaam | Dar es Salaam

Summary
Date Posted: Thursday, November 12 2026, Base Salary: Not Disclosed

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JOB DETAILS:

Role purpose

Provide strategic leadership and oversight of the Bank’s lending, credit quality, credit administration and recoveries, ensuring prudent portfolio management, sustainable growth and compliance with approved governance and regulatory requirements. The role will also oversee AI-enabled credit analytics, ESG risk assessment and portfolio stress testing.

Key responsibilities

The successful candidate will:

• Lead the Bank’s credit strategy, policies and lending governance framework.
• Oversee independent credit assessment, approvals and delegated authorities.
• Strengthen portfolio monitoring, early-warning systems and credit analytics.
• Oversee credit administration, collateral management and security perfection.
• Drive effective collections, restructuring and recoveries.
• Provide oversight of cooperative and agricultural credit.
• Ensure effective credit controls, regulatory compliance and continuous process improvement.

Qualifications & experience

Bachelor’s degree in Banking, Finance, Economics, Accounting or related discipline; relevant Master’s degree/MBA is an added advantage.

Minimum 5 years’ progressive professional experience, including at least 3 years in senior management or executive leadership, preferably within a regulated financial institution.

Demonstrated experience in credit underwriting, portfolio management, recoveries and banking risk, together with knowledge of the Tanzanian banking and regulatory environment.

Key competencies

Credit appraisal, credit policy, portfolio analytics, credit risk, collateral management, recoveries, agricultural finance, regulatory compliance, strategic leadership and sound professional judgement.

Work Hours: 8

Experience in Months: 60

Level of Education: bachelor degree

Job application procedure
Interested in applying for this job? Click here to submit your application now.

Interested and suitably qualified candidates should submit their application pack in pdf format comprising documents in (a)-(e) addressed to the Managing Director, Coop Bank Tanzania only through Ernst & Young ectronic mail address 

(a) An application letter not exceeding 3 pages showing how you meet the position requirements

(b) Copies of your university degrees and its transcript (For Foreign Universities degree attach TCU letter of recognition of your degree).

(c) Copy of your identification card e.g. drivers license, NIDA

(d) Contact address including telephone number(s) and electronic mail address(s) and

(e) Names and full addresses/contacts of three (3) professional related referees

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