Credit Manager Job Vacancy at Serene Microfinance Limited

Credit Manager Job Vacancy at Serene Microfinance Limited

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.

Application Deadline 

Kindly submit your application IN ONE PDF with a detailed CV, cover letter, Academic Certificates to the  address below not letter than 27TH August, 2025 

NOTE: All applications should be sent by Email and addressed to: 

The Human Resource and Administration Manager, 

Serene Microfinance Ltd, P.O .Box 33813,  

Mikocheni B, Bima Road 

Email; [email protected] 

Note: only shortlisted candidates would be contacted 

“Serene is an Equal Employment Opportunity Company.

Both male and female are encouraged to apply”