Tanzania Postal Bank (TPB) seeks to appoint dedicated, self motivated and highly organized Credit Risk Officers (2 positions) to join the Risk Management and Compliance team. The work station is Dar es Salaam
.
Reporting Line: Chief Manager Business Loans Recovery
Locations: Head office
Work Schedule: As per TPB Staff regulations
Division: Business Loans Administration
Salary: Commensurate to the Job Advertised
KEY RESPONSIBILITIES
- The Credit risk officer will be responsible to perform business loan administration for quality loan portfolio and follow up recovery of non performing and charged off loans.
- Ensure compliance to statutory requirements related to loans administration with a view to minimize credit risk.
Essential Duties and Responsibilities:-
- To conduct periodical review of business loans in order to detect problem at an early stage for timely corrective action..
- To ensure that all terms and conditions of business loans are strictily adhered to during the period of the facility until full repayment.
- To review the conduct of loan accounts and raise alarm for unsatisfactory performance.
- To follow up utilization of the approved credit line.
- To conduct weekly, monthly, quarterly and annually rating of business loans in accordance with the bank's internal risk rating system
- To review collaterals in terms of value and ensure that all necessary renewals for insurance premiums, land rents, refreshment of guarantees etc are kept up to date.
- To follow up legal recovery measures on stuck up, charged off and written off business loans.
- To Timely and accurately compile progress reports on business loans operations.
- To conduct site visits to business premises of borrowers with problem loans to assess status
- of their business and discuss with them on how to regularize their loan repayments.
- To review business loan files on quarterly basis to ensure that all relevant documents are in place.
- To check on quarterly basis on whether held collaterals provide adequate coverage relative to the borrower's current position.
- To identify business loans for rescheduling/restructuring
- To make regular follow up on stuck up business loans with a view to regularize them.
- Any other duties as may be assigned from time to time
- Education: Bachelor Degree / Post Graduate Diploma in Financial
- Management/Accountancy, and Advanced Diploma in
- Banking/Accountancy.
- Experience: General knowledge on bank Credit Administration
Skills / Attributes:
- Performance oriented
- Trustful / faithful/good integrity
- High level of interpersonal skills
The position will attract a competitive salary package, which include benefits. Applicants are invited to submit their resume (indicating the position title in the subject heading) via e-mail to:
recruitment@postalbank.co.tz.
Applications via other methods will not be considered. Applicants need to submit only the Curriculum Vitae (CV) and the letter of applications starting the job advertised and the location. Other credentials will have to be submitted during the interview for authentic check and other administrative measures and should not in any way be attached during application.
Tanzania Postal Bank is an Equal Opportunity Employer and is very committed to environmental, health and safety Management.
Tanzania Postal Bank has a strong commitment to environmental, health and safety management. Late applications will not be considered. Short listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment and reference checking.
Please forward your applications before 23rd December, 2014
