Senior Manager Credit Assessment at NMB Bank Tanzania

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

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