About Tanzania Commercial Bank

Tanzania Commercial Bank is dedicated to providing competitive financial services to its customers while creating value for stakeholders through innovative products. The bank’s vision is “to be the leading bank in Tanzania in the provision of affordable, accessible, and convenient financial services.” As part of its organizational development and human capital management, Tanzania Commercial Bank is committed to attaining, retaining, and developing a highly capable and qualified workforce to enhance the bank’s growth and contribute to the nation’s progress.

Job Opportunity: Senior Manager, Credit Analysis

Position Details

• Title: Senior Manager, Credit Analysis
• Rank: Principal Credit Analysis
• Department: Credit
• Section: Credit Analysis
• Salary Scale: COBSS 9 (at officer level I)
• Reports to: Chief Manager – Credit Appraisal
• Location: Dar es Salaam
• Number of Positions: 2

Position Objective The Senior Manager, Credit Analysis evaluates the creditworthiness of individuals or businesses to determine the risk of extending credit or loans. They analyze financial data, prepare reports, and make recommendations to ensure the organization’s financial stability.

Key Responsibilities

• Conduct financial analysis of corporate and retail customers using credit skills, including ratio analysis, balance sheet and cash flow analysis, projections, evaluation of security, parent support policies, and judgment of management and strategy.
• Evaluate and understand risks associated with individual transactions, products, and borrowers, and manage to mitigate credit risk in the portfolio.
• In partnership with Relationship Managers, prepare quality credit applications.
• Participate regularly in account planning sessions to ensure familiarity with customer businesses.
• Visit/meet customers when required to achieve a clear understanding of the credit risks associated with their businesses.
• Ensure that approval procedures, credit standards, and maintenance conform to controls and procedures established by the lending manual.
• Assist the sales force in monitoring credit quality by highlighting early warning signs of credit deterioration.
• Ensure compliance with the bank’s lending manual and verify that credit policy breaches are properly authorized at the correct senior approving level.
• Provide a high level of service to the internal customer base based on accuracy, responsiveness, and turnaround time.
• Monitor receipt and analysis of financial information for annual reviews.
• Prepare account statistics for annual reviews.
• Perform any other related duties as assigned from time to time.

Qualifications, Skills, and Experience

• Education: Master’s Degree in Banking, Economics, Commerce, Business Administration, Accountancy, Finance, Entrepreneurship, or equivalent qualifications from recognized institutions.
• Experience: At least sixteen (16) years of working experience in credit operations and portfolio monitoring, with a strong background in credit appraisal and management.
• Technical Skills:
  • Proven experience in credit analysis or a similar role.
  • Strong analytical and decision-making skills.
  • Attention to detail.

Personal Attributes and Behavioral Competencies

• Ability to demonstrate Tanzania Commercial Bank’s core values:
  • Customer Focus
  • Trustworthy
  • Creativity
  • Teamwork
  • Excellence
• Ability to prioritize work and meet deadlines.
• Ability to work quickly, accurately, and consistently under pressure.
• A methodical and well-organized approach to work.
• Maturity and ability to work in a confidential environment.
• Sound judgment, common sense, and good humor.