Head of Credit at VisionFund Microfinance Bank
Head of Credit at VisionFund Microfinance Bank… See details on how to apply for the opportunities available at VisionFund Microfinance Bank.
RESPONSIBILITIES:
- Supervising Credit and Operation function of VisionFund Tanzania Microfinance Bank.
- Implementing policies and procedures related to Credit underwriting, Collection and Bank Operations.
- Recommending changes to the credit and saving policies to align with Market, regulatory requirements and Best practices.
- Analyze Institution portfolio performance using different metrics including products, sector, industry, by branch and by Loan officer.
- Analyze portfolio quality including PAR trends and take appropriate remedy action including recommending approval limits changes to Credit Risk, Policy and Pricing Committee.
- Specific responsibilities
- Chair of the Head Office Credit Committee (H0CC) that review and approve loans above Branch/Business Center limits and Regional Limit.
- Coordinate credit reference bureau access to VFT staff, Training, liaise person of Credit reference bureau and responsible for submitting all report to credit reference bureau as required by the regulation.
- Regulatory & Business Conduct
- Monitor Risk Triggers, Covenants and other credit conditions and institute appropriate corrective measures.
- Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across VFT MFB. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Qualifications: - A bachelor’s degree in Banking and Finance, Accounting, Microfinance, Economics, Business Administration, Finance or any related field.
- Master’s Degree in business Administration/Management, Microfinance, Accounting, finance or related field is an added advantage.
- Minimum of 6 years working experience in a financial institution is required of which at least 3 should be at Managerial level.
METHOD OF APPLICATION
Interested and suitably qualified individuals should; Forward their application letter, detailed CV’s with three referees, attaching certified copies of NIDA ID, academic and professional certificates; to [email protected]
All applications should be addressed to; The Chief Executive Officer, VisionFund Tanzania Microfinance Bank Limited P.0. Box1546, Arusha, TANZANIA.
The position should be the subject of the email application.
N.B. Only short-listed candidates will be contacted. Disclaimer VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf.
Closing Date: 27th October 2023.
