Assist the Chief Credit Officer in enhancement and review of the Bank Credit Policies & Standards in order to ensure that these reflect the best practice and regulate the risk assets of the group as directed by the Board and Regulators.
Develop and enhance the Credit Reporting & Monitoring framework that meets the requirements of various external & internal stakeholders. Ensure timely and accurate delivery of Credit Risk reports. Interpret the information and suggest actions for consideration by Senior Management /Credit committee.
Lead initiatives for development of methodologies for the measurement of Credit Portfolio across the Bank and associated models/ processes.
Assure the quality of the credit assessments done by the department and are in compliance to both external & internal policies and regulations.
Ensure that all applications submitted to Credit Committees are complete and on time distributed to the members according to the agreed process
Lead by example and be the coach and mentor of his coworkers (not only the credit department)
Defend the opinion of the department in the Credit Committees and ensure that this opinion is correctly captured in the minutes
Lead enhancements to the Credit Measurement Framework; which include rating models (PD) and LGD/ EAD measurement jointly with Business and management.
Maintain the current credit risk management systems; which include credit rating, limit exposure aggregation and RAC (Risk Acceptance Criteria for credit application processing)
Ensure timely and accurate reporting of information from these systems to the relevant stakeholders (which include Rating Agencies , credit committee and Bank of Tanzania)
Assist in preparation and presentation of the information pack for Board Committee
Contribute proactively to various risk related projects and initiatives owing to synergies (e.g. stress testing, IFRS 9 and ICAAP) especially on aspects pertaining to credit measurement sourcing/ management of data for these initiatives.
Contribute to system implementation projects in the credit risk space (e.g. Credit Management System) by providing requirements and design inputs, particularly with regard to credit risk recognition and measurement.
Assist the Chief Credit Officer in development and review of Credit Policy & Standards
Lead the Bank’s credit audit assignments in relation to the bank’s portfolio from Bank of Tanzania and External auditors and ensure all audit quarries are attended to timely.
Ensure that sound credit risk measurement and monitoring frameworks are developed and implemented throughout the Bank in a standardized manner.
Strong understanding of Credit analysis and Risk Management principles.
Good understanding of Bank of Tanzania evolving regulatory guidelines and reporting requirements in this space of credit management
Possess strong problem solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills)
Thorough understanding of the evolving practices for the management of credit risk and regulatory requirements
Capable of professional discussions with internal and external stakeholders
Ability to manage system transitions smoothly and source data/ perform periodic computations.
Exposure to Limit/ Collateral system implementation/ management preferable
Exposure to credit risk modelling is desirable
People management and relationship skills.
Excellent interpersonal and communication skills and the flexibility to work across
Qualifications and Experience
A minimum of a Bachelor’s degree in Banking, Finance, Business, Economics, Mathematics / Statistics
Professional qualifications e.g. CFA/ CPA preferable
At least 10 years of banking experience, with bulk of it being in Credit Risk Management.
NMB Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer.
Please be advised that if you are not contacted within 14 working days of the advert closing date then you have not been shortlisted.
“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.