Chief Credit Officer at CVPeople Tanzania

Chief Credit Officer at CVPeople Tanzania

Chief Credit Officer at CVPeople Tanzania

CVPeople Tanzania

Chief Credit Officer (CCO)

Dar es salaam, Tanzania | Posted on 06/18/2024

Job Summary:

The Chief Credit Officer (CCO) will be responsible for overseeing all credit-related. This role involves developing and implementing credit policies, managing credit risk, and ensuring the integrity of the credit portfolio. The ideal candidate will have a strong background in fintech or digital lending, with a proven track record in credit management, risk assessment, and team leadership.

Responsibilities

• Develop, implement, and maintain credit policies and procedures.
• Ensure compliance with regulatory requirements and industry best practices.
• Continuously review and update credit policies to reflect changes in the market and business environment
• Oversee the assessment and management of credit risk across the organization.
• Develop and implement strategies to mitigate credit risk and ensure the stability of the credit portfolio.
• Monitor and analyze credit performance metrics, identifying trends and areas for improvement.
• Manage the overall credit portfolio, ensuring diversification and minimizing exposure to high-risk segments.
• Conduct regular reviews of the credit portfolio to ensure compliance with risk tolerance levels.
• Implement strategies to optimize the credit portfolio and maximize profitability
• Lead and mentor the credit team, fostering a culture of high performance and continuous improvement.
• Provide training and development opportunities to enhance the skills and capabilities of the credit team.
• Set performance goals and conduct regular evaluations to ensure team members meet their objectives.
• Leverage technology and data analytics to enhance credit decision-making processes.
• Collaborate with IT and data teams to develop and implement credit scoring models and risk assessment tools.
• Stay informed about emerging technologies and trends in digital lending and fintech.
• Collaborate with senior management to align credit strategies with overall business objectives.
• Participate in strategic planning sessions to drive the growth and success of the organization.
• Provide insights and recommendations to senior management based on credit performance and market analysis.
• Build and maintain relationships with key stakeholders, including regulators, investors, and partners.
• Represent the organization in industry forums and conferences to enhance its reputation and visibility.
• Communicate credit policies, strategies, and performance to internal and external stakeholders.

Requirements

Knowledge and Experience

• Bachelor’s degree in Finance, Business Administration, Economics, or a related field. MBA or advanced degree preferred.
• Proven experience in a senior credit management role, preferably in fintech or digital lending.
• Strong understanding of credit risk management principles and practices.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong leadership and team management abilities.
• Proficiency in using credit risk assessment tools and technologies.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a fast-paced and dynamic environment

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