Business Development Officer Vacancy at NBC Bank – Mwanjelwa Industrial Area
Job Overview
Business Development Officer Vacancy at NBC Bank – Mwanjelwa Industrial Area
Business Development Officer
NBC Bank
Mwanjelwa Industrial Area
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
Growth of the Micro SME & Agribusiness Business portfolio and Deposits by initiate and support business activities at Branch
Job Description
Key Accountabilities
Growth of quality loan portfolio (Branch targets)
Onboarding of eligible borrowing customers as per Product Procedure Manuals
Follow up on pipelines/sale leads to ensure maturity within agreed timeline.
Identify, explore, and negotiate business (lending) opportunities with existing and new and customers.
Engaging with external and internal business stakeholders to ensure that the Bank’s interests are properly presented and safeguarded.
Credit underwriting functions
Receive and review Credit applications and ensure compliance to approved checklist of required documents.
Liaise with Credit Risk Committee members to ensure eligible customers are visited to validate the information submitted, business and collaterals provided.
Assessment (credit appraisal) of Micro-SME & Agribusiness credit applications to determine creditworthiness for Bank’s financing in-line with Product Procedure Manuals.
Ensure all credit applications forwarded to HQ for approval were reviewed, discussed, and deliberated by Credit Risk Committee (as per Product Procedure) Attend/address all issues or queries raised by HQ (Retail credit/Business) in collaboration with Credit Risk Committee without compromising procedure.
Loan Portfolio Management
Ensure approved loans adhere to approved terms and conditions.
Ensure post disbursement business visits are made to confirm fund utilization and report/take necessary action where deviation occurs.
Ensure customers’ visits are made and reports are prepared as per the Bank’s guidelines.
Ensure proper documentation and record keeping of all approved credit application documents at branch. Facilitate timely renewal/refinancing of eligible existing facilities.
Review loan portfolio and recommend appropriate interventions to ensure it performs in line with approved performance indicators and targets.
Help branch to devise and execute turnaround or recovery measures geared to improve quality of loan portfolio. Any duty assigned by supervisor.
Deposit mobilization & Cross selling
Mobilize deposits from new and existing Micro-SME & Agribusiness customers
Cross selling of Bank’s existing and new products & services Support Liaison role between internal and external stakeholders
Any duty assigned by supervisor.
Capacity building
Conduct mass marketing/training with customers (potential & existing)
Conduct products awareness sessions with branches or external customers
Relationship management & Advisory function
Develop and maintain business relationships with customers on the Bank’s behalf.
Customer advisor on various business or lending requirements and devise proper credit structuring.
Reporting & Meeting attendance
Compulsory attendance at Credit Risk Committee, Loan delinquency and collections meetings etc. as directed by authority.
Preparation and submitting of standard periodic reports or any report as required by management. Any duty assigned by supervisor.
Education and Experience Required
Masters /bachelor’s degree in Agri-business, accounting, Finance, Economics, Marketing, and any other related field with experience in Micro SME & Agribusiness Industry.
At least 3 Years experience in Micro SME & Agribusiness Lending Business
Knowledge & Skills:
Deciding and initiating action
Learning and researching
Entrepreneurial and commercial thinking
Relating and networking
Adapting and responding to change
Persuading and influencing
Creating and innovating
Behavioral skills
Critical thinking perspective
Good interpersonal, team working/networking with internal and external customers.
Ability to organize and manage stakeholders’ engagements.
Leadership qualities (innovative, creative, change champion)
Ability to prioritize and execute tasks in a high-pressure environment.
Ability to work with minimum supervision.
Qualifications
Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Commercial mindset – Junior (Meets some of the requirements and would need further development), Customer Excellence – Service Delivery (Meets all of the requirements), Digital familiarity (Meets all of the requirements), Effective communication – Basic (Meets all of the requirements), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development), Product and/or Service Knowledge (Meets all of the requirements), Sales Management (Meets some of the requirements and would need further development)
How to Apply:
