Senior Manager, Credit Risk at DCB Commercial Bank

Senior Manager, Credit Risk at DCB Commercial Bank

Senior Manager, Credit Risk at DCB Commercial Bank 

DCB Commercial Bank

Background:

DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to individuals, microfinance institutions, small to medium-sized businesses (MSMEs), as well as large corporate clients. With a wide branch network of over 8 branches, more than 1000 DCB Wakala Agents, and over 280 Umoja switch ATMs, DCB Bank serves over 3 million customers across the country.

We are currently looking for qualified candidates to fill the position of Senior Manager, Credit Risk. The successful candidate will be responsible for protecting the bank’s assets and overseeing the credit-granting process. This involves assessing the creditworthiness of potential customers, conducting reviews of existing customers, and optimizing the bank’s sales.

Responsibilities:

Responsible for underwriting all types of loans and preparing in-depth credit packages and presentations.
Overseeing analysis, evaluation, and underwriting of proposed credit facilities for customers and prospects.
Collaborating with relationship managers and credit analysts in assessing credit opportunities, identifying key risks, and designing alternative credit deal structures.
Conducting research on borrowers and industries.
Leading the process of annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit committee.
Applying experience with comparable credits to recommend appropriate covenants, terms, conditions, and structures for credit requests.
Communicating risk ratings and the rationale for acceptable credits with the relationship managers and credit committee.
Ensuring that the underwriting process complies with the bank’s policies and procedures, as well as central bank regulations.

Qualifications and Experience:

Bachelor’s degree in finance, accounting, economics, business, or a related field. A master’s degree will be an added advantage.
Certified accountant or credit underwriter by a recognized institution.
8 years of experience in credit risk assessment, financial analysis, portfolio management, loan structuring and restructuring, and regulatory compliance, with 3 years at a managerial level.
Excellent analytical, communication, and interpersonal skills.
Meticulous with the ability to work independently and make decisions under pressure.
Proven experience in driving performance.

Application Process:

If you believe you are the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificates, and names of three referees with their contact details. Please quote the reference number DCB/CR/SMC-01/2025 in the subject of your email. Applications must be submitted through: [email protected] no later than 07th February 2025. Hard copy applications will not be accepted.