Vacancy title:
Head of Credit Management

Jobs at:
Leading Bank

Deadline of this Job:
4th December 2018

Duty Station:
Tanzania

Summary
Date Posted: 23rd November 2018 , Base Salary: Not Disclosed , Employment Type: Full-Time

JOB DETAILS:

REPORTING TO: Chief Executive Officer
RESPONSIBLE FOR: Management of the Bank Loan Portfolio
DEPARTMENT: Credit Department HOURS OF WORK: 8am - 5pm Monday to Friday. Additional hours as required by workload REGION: Dar es Salaam (Corporate Office)

PURPOSE OF JOB

• To lead the Credit Management vertical of the bank encompassing Credit Origination, Administration (including legal compliance), Monitoring and NPA management.
  
• To maintain bank's lead position in sourcing quality assets by enabling faster turnaround on credit delivery.
  
• To sustainably maintain Asset Quality within the norms set by policy / regulations.
  
• Coordinate the strategy to ensure it reflects the enterprise risk appetite set by the board risk committee
  
• To lead all implementation and training in order to improve the banks Credit Risk Management capabilities
  

KEY RESPONSIBILITY AREAS

• Assessing the existing framework of Credit & risk management on a bank-wide basis and report deficiencies and recommend arches för improvement to the Management and implementation thereof,
  
• Ensure proper implementation of the Bank's Risk policies and procedures.
• Develop, modify and test models for credit risk measurement and management.
  
•  Managing the entire process of Credit Management broadly covering origination, delivery, legal compliance and monitoring of Loan Book.
  
• Planning, Budgeting & Growth of Loan Book and ensuring the asset quality.
  
• Regulatory & Statutory Compliances.
  
• Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.
  
•  Manage the entire credit risk management process identify, measure, monitor and manage these risks effectively
  
• Work closely on the risk aggregation process.
  
• Periodically review best practices in the area of Credit Risk management
  
• Develop models for measuring Value at Risk (VaR), including default probability, loss given default and rating migration,
  
• Computation and allocation of economic capital and risk adjusted performance measurement.
  
• Development of internal ratings model's quantification and management of project related credit
  
• Document, and ensure communication of key risks.
  
• Review and develop the Bank's credit approval policies and guidelines as well as participate in ad hoc projects of investigative or trouble-shooting nature on specific customer portfolio.
  
• Computational process of the Basel II / regulatory framework/s.
  

REQUIREMENTS AND KEY SKILLS: -

• University degree in Finance, Accounting or a related discipline, preferably with other related professional qualifications.
  
• Master's degree in Business related studies is an added advantage.
  
• Possesses a minimum of 10 years of corporate banking experience in lending or related activities.
  
• Credit evaluation experience with complex structuring of Credit lines.
  
• Excellent communication and interpersonal skills.
  
•  Well-rounded exposure to the entire gamut of Credit Management.
  
• Have flair in providing faster turnaround, enabling quick decision making.
•  Prowess in skill / team building - towards succession, for various cadres within Credit Manage
  
• Proven track record of prevention of delinquencies and recovery in NPAs, including restructuring.
  
• Has a knack of dealing with complex situations on Credit delivery, follow up and recoveries through compromise settlements etc.
  
• Reasonable knowledge / exposure on Legal compliances / dealing with suit filed / decreed cases for logical closure Good understanding of use of technology - for automation of processes / monitoring and analysis with MIS
  
• Diligent on regulatory and other compliances including formulation and adherence to and procedures.