Director of Credit Job Vacancy at Coop Bank Tanzania

Director of Credit Job Vacancy at Coop Bank Tanzania

Job Announcement: Director of Credit

About Coop Bank Tanzania

Coop Bank Tanzania is a regulated financial institution dedicated to fostering economic growth, cooperative development, and agricultural financing in Tanzania. By combining sound banking governance, modern credit analytics, and inclusive financial solutions, Coop Bank Tanzania supports sustainable portfolio growth and community prosperity.

Position Overview

• Job Title: Director of Credit

• Organization: Coop Bank Tanzania

• Location: Dar es Salaam, Tanzania

Key Roles and Responsibilities

• Credit Strategy & Governance: Lead the bank’s credit strategy, policies, and lending governance framework to ensure prudent portfolio growth and regulatory compliance.

• Credit Assessment & Approvals: Oversee independent credit appraisals, credit approval processes, and delegated lending authorities.

• Portfolio Analytics & Early-Warning Systems: Strengthen portfolio monitoring, early-warning systems, AI-enabled credit analytics, ESG risk assessment, and portfolio stress testing.

• Credit Administration & Security Perfection: Supervise credit administration, collateral management, and legal security perfection processes.

• Collections & Recoveries: Drive effective loan collections, debt restructuring, and credit recovery strategies to maintain strong asset quality.

• Cooperative & Agricultural Finance: Provide specialized oversight of cooperative and agricultural credit portfolios.

• Controls & Compliance: Ensure robust internal credit controls, continuous process improvement, and adherence to Bank of Tanzania (BoT) regulatory standards.

Qualifications, Experience & Skills

Required Qualifications & Education:

• Education: Bachelor’s Degree in Banking, Finance, Economics, Accounting, or a related discipline. (Note: Applicants with degrees from foreign universities must attach a TCU letter of recognition).

• Experience: Minimum of 5 years of progressive professional experience, including at least 3 years in senior management or executive leadership, preferably within a regulated financial institution.

Key Competencies & Technical Skills:

• Credit & Portfolio Management: Proven track record in credit underwriting, credit appraisal, credit policy formulation, portfolio analytics, and banking risk management.

• Recoveries & Collateral: Hands-on expertise in collateral management, loan restructuring, and debt recoveries.

• Sector & Regulatory Knowledge: Strong understanding of agricultural/cooperative finance and the Tanzanian banking and regulatory environment.

• Leadership & Judgement: Strategic leadership capabilities paired with sound professional judgement.

Desirable (Added Advantage):

• A relevant Master’s Degree or MBA.

Mode of Application

Interested and suitably qualified candidates must submit their complete application pack in PDF format.

Required Application Documents:

1. Application Letter: Not exceeding 3 pages, clearly demonstrating how you meet the position requirements.

2. Academic Documents: Copies of university degrees and academic transcripts (plus TCU recognition letter for foreign degrees).

3. Identification: Copy of a valid National ID (NIDA) card or Driver’s License.

4. Contact Information: Full contact address, telephone number(s), and email address(es).

5. Professional Referees: Names and full contact details/addresses of three (3) professional referees.

Submission Instructions:

• Addressed To: The Managing Director Coop Bank Tanzania

• Submission Email: Submit strictly via Ernst & Young at: i[email protected]

• Application Deadline: Friday, November 20, 2026 at 17:00 Hours

(Coop Bank Tanzania is an equal opportunity employer and promotes gender equality. Only shortlisted candidates will be contacted).