Diamond Trust Bank Tanzania is seeking an experienced Head – Credit Administration to provide leadership and oversight of the Bank’s Credit Administration function. The role is responsible for ensuring efficient processing of credit transactions, robust documentation and controls, timely loan disbursements, regulatory compliance, and accurate credit reporting.
Responsibilities
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Lead and oversee the Credit Administration function to ensure effective implementation of approved credit facilities.
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Ensure compliance with credit approvals, internal policies, regulatory requirements, and sound portfolio-management practices.
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Ensure all pre-disbursement conditions, documentation, and security requirements are completed before facility utilisation.
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Oversee and authorise loan disbursements and related transactions within delegated authority limits.
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Ensure timely perfection, registration, custody, and periodic review of security documents and collateral records.
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Monitor compliance with facility covenants and credit conditions.
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Maintain exception registers and ensure timely escalation and resolution of breaches, waivers, and outstanding documentation.
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Ensure accurate and timely submission of regulatory returns, including Bank of Tanzania (BoT), Credit Reference Bureau (CRB), and other statutory reports.
Requirements
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Bachelor’s Degree in Banking & Finance, Economics, Accounting, Business Administration, or a related field.
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Professional qualification such as CPA, ACCA, CFA, CIB, or equivalent is an added advantage.
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Minimum 10 years of relevant banking experience in Credit Administration, Credit Operations, Credit Risk, or a related function.
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At least 3 years of supervisory or management experience.
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Strong knowledge of credit administration, loan documentation, collateral management, and regulatory reporting.
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Proven experience in loan disbursement management, covenant monitoring, collateral administration, and regulatory reporting.
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Strong leadership and team-management skills.
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Strong analytical, strategic-thinking, and problem-solving abilities.
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High level of integrity, professionalism, and accountability.
