Job Title: Credit Manager (Position)

Employing Company: Serene Microfinance LTD

Working Station: Dar es Salaam

Advert Date: 23rd August, 2025

Position: (1)

Serene Microfinance Limited has been a growing and expanding company since its establishment in providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally stands as good example due to the unique contribution in reaching many categories of customers in Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City, the nearby Regions and all over Tanzania Regions.

In an effort to stream line operations, Serene Microfinance LTD seeks to recruit qualified CREDIT MANAGER to monitor credit Department and the teams in credit department to ensure business development and achievement of Microfinance strategic goal.

JOB RESPONSIBILITIES FOR CREDIT MANAGER

General Responsibility

To oversee Microfinance Lending process by ensuring quality loan portfolio and ensure customer return their loans timely without delay.

Core Tasks

To initiate, develop, Improve and review Microfinance credit policies, Operational procedures and rules.
To oversee Microfinance lending process by evaluating the creditworthiness of potential customers and conducting periodic reviews of existing customers.
To monitor the process of approving and rejecting loans based on available data and Microfinance lending policies and procedures.
Ensuring all loans and lending procedures comply with Microfinance regulations.
Monitoring and updates records of all Microfinance loans (disbursed, repaid, and overdue).
To optimize Microfinance sales, Monitor loan repayments and reduce bad debts by ensuring quality loan portfolio.
To carryout loan restructuring of bad debt after clear assessment and negotiation with the customer
To be innovative and advise on effective ways of managing loan technologically ∙ To prepare and communicate daily ,weekly, monthly ,quarterly , semi- annual and annual credit report
To Monitor daily ,weekly, monthly ,quarterly , semi- annual and annual reports of subordinates (Loan ,Recovery, Risk and Marketing Officers)
Monitoring implementation of duties assigned to loan officers
EDUCATIONAL QUALIFICATIONS & EXPERIENCES

Holder of University Degree or equivalent qualification in business administration, Finance or any other related field
At Least Two (2) years’ experience in a similar position.