Senior Manager; Credit Assessment

Job snapshot

NMB Bank Plc is hiring a Senior Manager; Credit Assessment. The role supports core financial processes and reporting. The post is based in Head Office.

NMB Bank Plc operates a finance function with reconciliation and reporting at its core.

Role overview

Responsible to as covered here lead the Wholesale Credit Assessment team via competent management assessment administration inspection monitoring and on this listing reporting on the credit risk of on this listing the bank.

This ensures the sustainably profitable position of on this listing the Bank by originating and in the advertised role maintaining a Wholesale Credit for this vacancy portfolio which contributes to the Bank's strategy.

Key responsibilities

• Entities include Individuals Sovereigns for this vacancy Financial Institutions Corporates Non on this listing Bank Financial Institution as measured by in the advertised role reviews of every Wholesale NBFI and Sovereign entities.
• Managing information flow in the two directions (upwards and downwards).
• Leading the Bank's credit audit assignments in in the advertised role relation to in the advertised role the bank's wholesale portfolio from Bank of on this listing Tanzania and External auditors and ensure every audit queries are attended to timely.
• Managing credit risk related policies and on this listing procedures of on this listing the bank as well as staffing and as covered here development of the function.
• Assisting in preparation and presentation of on this listing credit approval packs requests to for this vacancy the Credit Committees.
• Defend the opinion of as covered here the unit on the Credit Committees and on this listing ensure that this opinion for this vacancy is correctly captured in the minutes.
• Putting in place the bank's Performance Management directives.
• Making sure complete contact with MI and as covered here Credit Reporting on issues to on this listing do with data clean up for for this vacancy CRB BoT internal and external audit findings related action items towards closure of as covered here the findings.
• Undertake analysis and in the advertised role manage the credit analysis requirements for in the advertised role counterpart risk and issuer risk.
• Invitee to on this listing Credit Committees Watchlist Forums Committee IFRS9 and as covered here Board Credit Committee on a need basis.
• Challenge pricing to in the advertised role maximize value Ultimate sign in the advertised role off at customer level ought to meet the requirements of in the advertised role the Pricing Policy and or Pricing Committee.
• Making sure staff understand the context of in the advertised role their role in relation to as covered here the department and bank strategy.
• Work closely with on this listing the Head Wholesale Credit on this listing Head Wholesale Client Origination and in the advertised role Wholesale Business Unit Heads in in the advertised role streamlining the Operational functions of as covered here the bank and on this listing recommending beneficial Operational Changes from time to time.
• Managing the performance of departmental staff covering contracting, reviewing; appraising performance.
• Leading drive the performance of actively manage the team charged with as covered here the business of credit assessment and as covered here approvals with specific responsibilities for for this vacancy the Wholesale Borrowers as defined by in the advertised role the Bank.
• Making sure complete compliance provide oversight as as covered here well as monitor the implementation of different consumer protection requirements across business area Unit.
• Developing internal assessment models for for this vacancy quantification of product related credit risks and as covered here ensure communication of key risk register.
• Working with in front office liaison to on this listing identify and in the advertised role mitigate credit risks at in the advertised role the earliest stages and on this listing ensure that business is properly planned to maximize the banks as covered here protection against credit loss to identify hot spots sweet spots and black swans in the portfolio.
• Supporting the Head of Wholesale Credit in in the advertised role the risk aggregation Management proactive monitoring processes.
• Developing credit risk measurement methodology.
• Proactive strategies to learn and on this listing improve the book quality This as well covers in close contact with SAM dept develop for this vacancy understand the disseminate lessons learnt for in the advertised role focused communication.
• Managing the Credit Wholesale personnel to on this listing assess the business and in the advertised role financial risks in credit applications via reviews and approvals rejections of on this listing credit applications as measured by on this listing feedback to CREDCO CCO Head Wholesale Credit.
• Making sure the highest standards of credit quality via assessment sampling application of best practice to in the advertised role credit proposals and maintenance of in the advertised role the standards throughout.
• Building, develop and lead "Winning Teams" via good guidance, training, and empowerment.
• Working with in system developments so as covered here that the credit functionalities as covered here are fully understood and on this listing embedded in the offerings covering the related staff are fully involved in as covered here end to as covered here end robust testing so that the requisite functionalities are provided to the Bank's satisfaction.
• Work closely with remaining Managers in identifying areas of for this vacancy improvement in the current offerings workflows and support and recommending appropriate solutions to minimize risks.
• Developing models for measuring Value at Risk (VaR), covering default probability, loss given default; rating migration.
• Advise the Head Wholesale Credit on every known potential or actual in the advertised role shift on risk profile of as covered here a borrower sector providing on this listing mitigation or remedial action in the process.
• Working with in initiatives towards proactive grasp and management of as covered here IFRS 9 impairments in for this vacancy closely managing key metrics PAR NPL and for this vacancy ECL broad and specific.
• Be a Role Model in every aspects of Management to as covered here the Direct Reports and remaining Team Members inside the network.

Requirements

• Technical - Business understanding of structured transactions, syndications.
• At least 5 years' experience in on this listing Credit Management preferably in in the advertised role wholesale or large corporates with on this listing leadership experience in medium to large organizations.
• Behavioural Leadership of in the advertised role Change Adaptability Coaching Delegation Managing Employee Performance.
• Postgraduate education in Banking and in the advertised role or Banking certification s on this listing is a useful extra.
• Special asset management business law wholesale and for this vacancy retail credit analysis.
• Bachelor's degree in as covered here Banking Business Administration Finance for this vacancy Accounting Commerce Law Economics or related fields.
• Master's degree in for this vacancy business studies is a useful extra.

Key skills

• Safety & Compliance Auditing
• Financial Accounting
• Credit & Risk Analysis
• Talent Acquisition
• Performance Management

How to apply

Apply through the NMB Bank Plc careers portal for this Senior Manager; Credit Assessment.

Apply on the NMB Bank Plc site

Common questions

What role is open?

NMB Bank Plc is recruiting a Senior Manager; Credit Assessment.

Where is the job based?

The post is based in Head Office.

How do I apply?

Submit your application directly on the employer's official portal: Apply on the NMB Bank Plc site