Senior Credit Analyst

Responsible for assessing and evaluating credit proposals for new and existing facilities, identifying and mitigating credit risks, structuring appropriate deals, and providing expert recommendations to credit approval committees.

Responsibilities

• Provide specialist credit assessment and evaluation to determine whether credit proposals meet required criteria and whether counterparty credit risk is acceptable.
• Independently recommend credit proposals, including appropriate terms and conditions, for staff loans, wholesale, mortgage, MSME, consumer, agribusiness, and structured trade facilities.
• Attend and present papers at Retail Credit Committee and Wholesale Credit Committee meetings.
• Prepare and present credit reports to relevant committees.
• Interrogate information to understand business parameters, profitability, value creation, and associated risks.
• Identify, quantify, and evaluate risks affecting credit portfolios or individual clients and recommend mitigations.
• Provide technical support and coaching to Credit Analysts, Credit Officers, Relationship Officers, and Relationship Managers.
• Structure deals in line with their purpose and expected cash inflows.
• Review credit applications assessed by Credit Analysts before submission for approval.
• Adhere to agreed turnaround times and CREDCO calendars while maintaining the quality of credit proposals and decisions.
• Attend weekly Wholesale and Retail CREDCO meetings and provide credit and financial opinions to approving authorities.
• Attend other credit-related meetings involving zones and business units.
• Review and update credit policies and related manuals where necessary.
• Use industry and market information to identify contextual threats to existing and potential clients.
• Build effective working relationships with Head Office and branch business counterparts to improve proposal quality and turnaround time.
• Detect and evaluate changes in key risk parameters and assess their impact on continued business dealings.
• Work with Credit Risk department members on Risk and Control Assessment testing and quarterly reviews required by the Bank of Tanzania.
• Take or recommend remedial actions for deteriorating exposures identified during reviews.
• Mentor, guide, and monitor Credit Analysts to ensure timely and quality assessment of credit propositions.
• Maintain records of incoming and outgoing credit applications and memoranda.
• Respond to audit and Bank of Tanzania queries when required.

Requirements

• Bachelor’s degree in Commerce, Economics, Finance, Business, or a related field.
• Credit analysis experience across corporate and SME applications.
• Business understanding of government and parastatal, manufacturing, wholesale, agribusiness, and retail sectors.
• Excellent knowledge of credit risks and credit assessment principles.
• Knowledge of bank credit products and credit analysis techniques.
• Analytical and numerate skills.
• Communication and presentation skills.
• Negotiation and interpersonal skills.
• Ability to provide and defend sound professional judgment.
• Ability to identify, quantify, and mitigate credit risks.