Senior Manager; Credit Assessment
NMB Bank Plc | Head Office
Jobconnect analysis
The requirements below come from this advert. The accompanying CV suggestions are Jobconnect advice, not additional employer requirements.
Selected requirements and CV evidence
| Advertised requirement | Suggested evidence, if applicable |
|---|---|
| Bachelor's degree in Banking, Business Administration, Finance, Accounting, Commerce, Law, Economics, or related fields. | Give the exact qualification, institution and completion status. If your qualification differs, check whether the employer accepts an equivalent. |
| Master's degree in business studies is an added advantage. | Give the exact qualification, institution and completion status. If your qualification differs, check whether the employer accepts an equivalent. |
| At least 5 years' experience in Credit Management preferably in wholesale or large corporates with leadership experience in medium to large organizations. | List relevant roles with month and year dates, and describe the work that matches this experience requirement. Do not count overlapping roles twice. |
| Postgraduate education in Banking and/or Banking certification(s) is an added advantage. | Choose a real example matching this specific requirement. Explain your task, your own action and the outcome; include tools or scale only where you can substantiate them. |
| NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving gender balanced workforce. | Choose a real example matching this specific requirement. Explain your task, your own action and the outcome; include tools or scale only where you can substantiate them. |
| Female candidates and people living with disabilities are strongly encouraged to apply for this position. | Choose a real example matching this specific requirement. Explain your task, your own action and the outcome; include tools or scale only where you can substantiate them. |
| 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. | Choose a real example matching this specific requirement. Explain your task, your own action and the outcome; include tools or scale only where you can substantiate them. |
| Only shortlisted candidates will be contacted. | Choose a real example matching this specific requirement. Explain your task, your own action and the outcome; include tools or scale only where you can substantiate them. |
Application readiness checklist
- Use the application channel linked in this advert and check that the role and employer match before sending documents.
Position
Company
NMB Bank Plc
Location
Head Office
Job Purpose
Responsible to lead the Wholesale Credit Assessment team through competent management, assessment, administration, inspection, monitoring, and reporting on the credit risk of the bank. This ensures the sustainably profitable position of the Bank by originating and maintaining a Wholesale Credit portfolio which contributes to the Bank's strategy.
Main Responsibilities
Manage the Credit Wholesale personnel to assess the business and financial risks in credit applications through reviews and approvals/rejections of credit applications, as measured by feedback to CREDCO/CCO/Head; Wholesale Credit.
Lead, drive the performance of, and actively manage the team charged with the business of credit assessment and approvals with specific responsibilities for the Wholesale Borrowers as defined by the Bank.
Ensure the highest standards of credit quality through assessment, sampling, and application of best practice to credit proposals and maintenance of the standards throughout.
Advise the Head; Wholesale Credit timely on any known potential or actual shift on risk profile of a borrower / sector providing mitigation or remedial action in the process.
Undertake analysis and manage the credit analysis requirements for counterpart risk and issuer risk. Entities include Individuals, Sovereigns, Financial Institutions, Corporates, Non- Bank Financial Institution, as measured by reviews of all Wholesale, NBFI and Sovereign entities.
Invitee to Credit Committees, Watchlist Forums & Committee, IFRS9 and Board Credit Committee on a need basis.
Engage in front office liaison to identify and mitigate credit risks at the earliest stages and ensure that business is properly structured to maximize the banks protection against credit loss to identify hot spots, sweet spots and black swans in the portfolio.
Work closely with the Head; Wholesale Credit, Head; Wholesale Client Origination and Wholesale Business Unit Heads in streamlining the Operational functions of the bank and recommending beneficial Operational Changes from time to time.
Work closely with other Managers in identifying areas of improvement in the current products, processes and services and recommending appropriate solutions to minimize risks.
Manage information flow in both directions (upwards and downwards).
Build, develop and lead “Winning Teams” through good guidance, training, and empowerment.
Be a Role Model in all aspects of Management to the Direct Reports and other Team Members within the network.
Implement the bank's Performance Management directives.
Ensure staff understand the context of their role in relation to the department and bank strategy.
Manage the performance of departmental staff including contracting, reviewing, and appraising performance.
Develop models for measuring Value at Risk (VaR), including default probability, loss given default, and rating migration.
Assist in preparation and presentation of credit approval packs/ requests to the Credit Committees
Challenge pricing to maximize value. Ultimate sign-off at customer level should meet the requirements of the Pricing Policy and/ or Pricing Committee.
Defend the opinion of the unit on the Credit Committees and ensure that this opinion is correctly captured in the minutes.
Support the Head of Wholesale Credit in the risk aggregation, Management, and proactive monitoring processes.
Develop credit risk measurement methodology.
Ensure full compliance, provide oversight as well as monitor the implementation of various consumer protection requirements across business area/Unit.
Lead the Bank's credit audit assignments in relation to the bank's wholesale portfolio from Bank of Tanzania and External auditors and ensure all audit queries are attended to timely.
Manage credit risk related policies and procedures of the bank as well as staffing and development of the function.
Develop internal assessment models for quantification of product-related credit risks and ensure communication of key risk register.
Ensure full compliance, provide oversight as well as monitor the implementation of various consumer protection requirements across business area/Unit.
Ensure full engagement with MI and Credit Reporting on issues to do with data clean-up for CRB, BoT, internal and external audit findings, and related action items towards closure of the findings.
Engage in initiatives towards proactive understanding and management of IFRS 9 impairments in closely managing key metrics PAR, NPL and ECL (general and specific).
In close engagement with SAM dept, develop, understand the disseminate lessons learnt for focused communication including proactive strategies to learn and improve the book quality.
Engage in system developments to ensure the credit functionalities are fully understood and embedded in the offerings including the relevant staff, are fully involved in end-to-end robust testing to ensure the requisite functionalities are provided to the Bank's satisfaction.
Knowledge and Skills
Special asset management, business law, wholesale and retail credit analysis
Technical - Business understanding of structured transactions, syndications
Behavioural - Leadership of Change, Adaptability, Coaching, Delegation, Managing Employee Performance.
Qualifications and Experience
Bachelor's degree in Banking, Business Administration, Finance, Accounting, Commerce, Law, Economics, or related fields.
Master's degree in business studies is an added advantage.
Postgraduate education in Banking and/or Banking certification(s) is an added advantage.
At least 5 years' experience in Credit Management preferably in wholesale or large corporates with leadership experience in medium to large organizations.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
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.
Only shortlisted candidates will be contacted.
Jobconnect application guidance
Before applying for Senior Manager; Credit Assessment, review the requirements carefully, tailor your CV to the role, and follow the instructions shown in the advert.
- For finance roles, highlight accuracy, reporting tools, cash handling, compliance, risk control, and measurable results.
- Prepare a short application message that mentions the exact job title and why you fit the role.
- Keep your phone and email active after applying so you do not miss interview or assessment updates.
CV hints for this job
For Senior Manager; Credit Assessment at NMB Bank Plc, align your CV with the location and role context: Head Office.
Interview preparation
Jobconnect practice questions, not confirmed employer interview questions. Base your answers on your own experience.
Advert requirement: Open Careers Portal How would you demonstrate this requirement using a specific example from your work or training? Describe the task, your actions, relevant tools and outcome. Be clear about anything you have not yet done.
General practice What would you want the employer to clarify about this advert? Prepare a question about something genuinely unstated. Do not assume pay, benefits or working arrangements.
General practice What would you need to learn to perform this role well? Explain any gap honestly and the practical steps you would take to learn.
General practice Describe a time you worked with others to solve a problem. Distinguish your own contribution from the team outcome.
General practice How do you organize work when priorities compete? Use a real example covering priorities, communication and results.
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Refer to the letter heading above, I am writing to apply for the Senior Manager; Credit Assessment position. After reviewing the advertised requirements, I believe my skills, experience, and commitment to professional results make me a strong candidate for this opportunity.
My background has prepared me to contribute effectively in work relevant to Senior Manager; Credit Assessment. I can bring relevant experience, strong attention to detail, and the ability to work responsibly with teams, clients, and organizational priorities. In tailoring this application, I would highlight evidence related to Bachelor's degree in Banking, Business Administration, Finance, Accounting, Commerce, Law, Economics, or related fields. Master's degree in business s.
I am especially interested in this role because it aligns with responsibilities such as Manage the Credit Wholesale personnel to assess the business and financial risks in credit applications through reviews and approvals/rejections of credit applications, a.... I am confident that my ability to learn quickly, communicate clearly, and deliver dependable work would support the goals of the organization.
I have attached my CV and supporting documents for your review. I would appreciate the opportunity to discuss how my qualifications match this position.
Thank you for considering my application.
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