NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.
Job Summary
The role is responsible for reviewing, challenging, and approving credit applications within a delegated lending mandate.
The role ensures independent, high-quality credit decisions, balancing business growth with prudent risk management.
The incumbent provides oversight on credit assessments prepared by analysts, ensures adherence to policies, and acts as a final control point for credit risk acceptance.
Job Description
o Review and approve or decline credit applications within delegated lending authority.
o Critically assess credit proposals submitted by Credit Analysts, ensuring:
a) Accuracy and completeness of analysis
b) Sound financial and risk assessment
c) Policy compliance
o Exercise independent judgment and apply credit expertise to sanction facilities.
o Identify key risks, mitigants, and conditions precedent to approval.
o Ensure all approvals align with:
a) Retail Credit Policy
b) Risk appetite
c) Regulatory requirements
o Escalate applications beyond mandate to higher approval authorities where necessary.
o Reject or return deficient applications with clear justification and guidance.
o Monitor concentration risk, portfolio trends, and sector exposure.
o Ensure strict controls against fraud, misrepresentation, and policy breaches.
o Validate that:
a) Suspended branches/customers are not processed
b) Employer confirmations and due diligence have been completed
o Participate in credit committees, where applicable
o Provide guidance and challenge to Credit Analysts on complex cases.
o Ensure consistency and quality of credit underwriting standards.
o Support continuous improvement in credit assessment methodologies.
o Review structured deals and secured lending proposals for robustness.
o Define appropriate facility structures, pricing recommendations (where applicable), and risk mitigants.
o Ensure all collateral/security requirements are adequate and enforceable.
o Approve conditions related to:
a) Collateralization
b) Legal documentation
c) Insurance and valuations.
o Liaise with:
a) Legal
b) Treasury
c) Security Management Unit
d) Branch Network
o Ensure alignment on loan structuring, collateral, and disbursement readiness.
o Provide clear feedback on decisions to business units to support turnaround times.
o Monitor performance of approved facilities to identify emerging risks.
o Support portfolio reviews and remediation strategies.
o Contribute to:
1. Policy reviews
2. Risk appetite calibration
3. Credit governance frameworks
Ensure all approvals comply with:
a) Internal policies
b) Regulatory standards
o Remain updated on regulatory and policy changes.
o Support audits and ensure closure of audit findings.
Maintain proper documentation of approval rationale for audit trails.
Education and Experience Required
Knowledge & Skills: (Maximum of 6)Competencies: (Maximum of 8 competencies)
Qualifications
Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Credit Risk (Meets some of the requirements and would need further development), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)
How to Apply:
Job type Full-time Job, To submit your application, please follow the link provided below.
CLICK HERE TO APPLY
