NBC Job Vacancy — SME Credit Analyst

NBC Job Vacancy — SME Credit Analyst

Position: SME Credit Analyst

NBC Bank

Dar es Salaam 

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Job Summary

To perform and manage all activities in a way that strict adherence to approved Credit and Provisioning Policy as well as the approved standard credit processes and procedures are maintained:

• A credit profession acting as credit expert to the relationship team and the conduit to the credit risk function for sanctioning purpose
• Responsible for developing practical and appropriate credit solutions(i.e Lending structures through understanding of customer’s needs)
• Delivering high quality and consistent credit applications/recommendations.
• Monitor and control all SME accounts portfolio.
• Maintain data integrity in the Credit Lens and ensuring financial information are updated on regular basis

Key Accountabilities

Accountability: Analysis, evaluation, and recommendation of credit applications.​ – 50%

Outputs to deliver this accountability:

• Preparation of credit applications for recommendations to the sanctioners.
• Ensures that all credit applications are assessed within the agreed SLA time.
• Ensuring that his/her assessment and recommendations of credit applications comply with requirements as per approved credit and provisioning policy.
• Work in partnership with RMs on new and existing credit applications, providing guidance on credit appetite and consulting with Credit Team as appropriate
• Attend customer meetings with the Relationship manager if credit related issues are to be discussed/need to be resolved.

Accountability: Filing information into customer information credit monitoring files without fail. -15%

Outputs to deliver this accountability:

• Ensure that all registers are marked appropriately and kept up to date.
• Ensure that all appropriate records are filed in an acceptable way. Files are appropriately stored.

Accountability: Monitoring performance of clients’ accounts and where necessary propose remedial measures.​ -35%

Outputs to deliver this accountability:

• Monitor and Control quality of portfolio using Condition of sanction triggers where possible. Discussing with sanctioners deteriorating trends and trigger events if they give cause of concern advising the
• Relationship Manager simultaneously
• Ensures that appropriate excesses are diarized, and new excess returns filed accordingly.
• Check on daily risk reports and work on exceptions and/or irregular behavior.
• Provide specific instructions to RM and escalate any issue that will need other stakeholders’ attention.
• Ensure all facilities are timely reviewed.
• Perform other duties as reasonably assigned.

Education and Experience Required:

Essential

• B-degree/Advance Diploma/Diploma or Equivalent qualification in Finance, Accounting, Economics, Business Admiration or any other related field
• Outstanding knowledge of Business and Commercial banking products and services
• At least 3 years of proven experience in Credit Analyst role at junior management level gained within the bank or at other financial institutions
• Excellent understanding of credit and associated risks
• Experienced user of Credit Lens or similar system to analyze, monitor and report on the credit applications
• Good skills that have been proven in a Business or credit environment at Management level.
  People Management.

Preferred

• The ACIB professional qualification or equivalent
• Accreditation in the use of Credit Lens would be an added advantage

Knowledge & Skills:

• Internal instruction/procedures including Head office instructions, Credit lens
• Products and services frequently used by customers
• Knowledge of Credit Lens
• Detailed knowledge of credit techniques

Qualifications

Bachelor’s Degree – Business, Commerce and Management Studies, Credit Risk (Meets some of the requirements and would need further development), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)

How to Apply:

CLICK HERE TO APPLY