JOB ADVERTISEMENT:

Job Title: Credit Officer II: (2) positions available.
DUTY STATION: DODOMA
APPLICATION DEADLINE: 28TH OCTOBER 2024.

DUTIES AND RESPONSIBILITIES

  • Conduct awareness-raising and sensitization of wholesale and retail clients.
  • Execute area mapping and active marketing campaigns by visiting potential customers to attract new clients.
  • Liaise closely with Fund’s borrowers to ensure timely loan repayments.
  • Conduct credit appraisals for loan applicants and recommend eligible borrowers.
  • Prepare and present credit appraisal reports to the Branch Manager for review and approval.
  • Ensure the branch meets or exceeds loan targets as agreed upon in the business plan.
  • Conduct client debriefing during loan releases.
  • Report and assist the fund’s legal officer in litigation matters against borrower clients.
  • Prepare and present credit applications to the branch manager for review and recommendation for approval.
  • Prepare and submit loan portfolio management reports to the Branch Manager for review and guidance.
  • File out loan applications, credit analysis, and loan request summaries and submit the same to loan committees for approval.
  • Ensure post-disbursement compliance with approved terms and conditions, review expiry of credits, progress of repayment, insurance, and post-fact mortgage.
  • Assist in controlling the recording, deposit, and withdrawal of security documentation.
  • Be responsible for collateral valuation, monitoring, and reconciliation with the original documents.
  • Ensure compliance with credit approval terms, conditions, and regulatory requirements.
  • Prepare complete and accurate loan agreements according to applicable policies.
  • Evaluate clients’ credit data and financial statements to determine lending risks.
  • Consult credit associations and references to exchange credit information on clients.
  • Evaluate clients’ financial status by producing financial ratios.
  • Make recommendations about procedural/policy changes.
  • Perform any other duties as assigned by the supervisor.

QUALIFICATIONS AND EXPERIENCES

Bachelor’s Degree or Advanced Diploma in Finance, Banking, Financial Management, Development Finance and Investment Planning, Microfinance, Accounting, Entrepreneurship, Economics, Agricultural Economics, Commerce, or Business Administration majoring in Finance, Banking, Microfinance, Accounting, Entrepreneurship, or equivalent qualification from a recognised institution. With at least two years’ experience in Microfinance Activities.

HOW TO APPLY:

All applications should be sent via email to: proshare20@gmail.com