Senior Manager, Credit Risk at 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.
Recommended:
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.
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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 recruitment@dcb.co.tz no later than 07th February 2025. Hard copy applications will not be accepted.
