Job Opportunity at NBC Bank Tanzania, Head of Credit

Job Title: Head of Credit

Job Purpose

  • A senior role as a member of the Country Management Committee, The globe holder leads the red function and actively participate in defining strategic objectives of the business; business planning and setting the direction of the business in line with the strategy
  • Credit executive representative on Country/Management Committee(CMC) and Board Credit and Audit Committees.
  • To drive significant change initiatives supporting the One Risk and One Africa strategy and ensuring effective communication and management of key stakeholders
  • Working to ensure that the country strategic objectives are delivered within the risk appetite framework set by the board.
  • Accountable for ensuring the right people, processes, policies, systems are in place to achieve cost-effective and efficient credit management within the country that is aligned to strategic objectives and risk target operating model.
  • Lead and drive the performance of direct reports and create an environment where all individuals are developed to the best of their ability ensuring talent and under-performance proactively managed

Main accountabilities and approximate time split

  • Develop highly motivated teams of country heads, maintaining excellent relationships with leadership teams and across the wider country/ Africa Risk team to ensure achievement of business goals
  • Create a high-performance environment in which all employees are engaged
  • Oversight of reward/recognition decisions for the credit function
  • Drive the credit training plan across the functions to ensure the training and development needs are actively managed. Set challenging objectives and ensure effective performance development and succession planning for the team.
  • Drive the development of credit specialization to build in-house expertise that can be efficiently transferred across Africa
  • As a voting member of the credit committee, make lending decisions for wholesale and retail transactions - exercising personal judgment in the evaluation and approval/decline of credit proposals in accordance with credit appetite and policy
  • Oversight responsibility for personal and team adherence to governance compliance and lending portfolio controls. Ensuring conformance to policy and procedures
  • Responsible for the data integrity of country information used manage & monitor credit risk
  • Ensuring effective management of the country and the sovereign risk that is responsive and adaptable to country crisis situations
  • Delivering within and greed retail and wholesale impairment budge, ensuring that the agreed asset quality of the portfolios is maintained in line with agreed risk appetite
  • Drive an environment of added value where everything is done to add value to ensure business unit delivers a service which is truly adding value and is seen as key to the business delivering against stretching targets.
  • Responsible for delivering consistent and timely credit risk decisions.
  • Drive communication and formal feedback process between credit and the business to build trust, partnership and appreciation of credit function amongst business partners
  • Initiate and proactively embed agreed change initiatives in support of one risk and one africa strategic objective, driving process and quality improvement, cost reduction and development of credit professionals. Promote a culture of continuous improvement and driving necessary changes
  • Deliver organisational cost within the agreed budget
  • Drive the continual need for greater efficiency Ensure capacity to manage volume workflow to world-class standards of quality and cost
  • Develop and maintain strong network of internal contacts at a senior level
  • Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture
  • Understanding of on role in the air and processes in which you play a part, including applicable risks and controls
  • Adhere to NBC’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management
  • Report of risk events/ incidence/ issues using the defined process for your business area and help to understand why this happened and how to prevent them in the future. Proactively look for ways to improve the control environment by considering what could go wrong in the process you operate and how errors could be prevented
  • All mandatory training and certification completed to deadline

Technical Skills/Competencies

  • Strong intellect balanced by practical and programmatic approach
  • Decisive
  • Strong internal and external networking
  • Analytical
  • Credit risk management
  • People management and coaching
  • Communications (written and oral) and presentations
  • Excellent negotiation and influencing
  • First class credit assessment, structuring, and sanctioning skills
  • Commercial entrepreneurial
  • Relationships/ partnership approach
  • Customer/ market perspective
  • Technical skills and knowledge
  • Problem solving/ decision making

Knowledge, Expertise, and Experience

  • First class technique credit skills
  • Excellent business awareness and specific industry/ international risk awareness
  • Detailed knowledge of risk management policy, procedures, and pricing
  • Excellent knowledge of country/ sovereign risk issues
  • Comprehensive credit-related product knowledge
  • Excellent knowledge of the social, economic political and regulatory environment within Tanzania
  • Proven track records in the successful delivery of credit risk management
  • Exercising judgment and discretion for larger credit exposures
  • Managing risk and reward

Remunerations:
Attractive Salary

Applicants are invited to submit theiCVsvs, copies of certificates, two referees and their contacts to:
Human Resourcing
Human Resource Department
National Bank of Commerce(NBC)
HRResourcing@nbctz.com

If you are not contacted by NBC within thirty(30) days after the closing date, you should consider your application as unsuccessful

Please send all applications before 21st May 2018

NBC is an equal opportunity employer