2 New Job Vacancies at NBC Bank July 2023, SME Credit Officer at NBC July 2023, Ajira NBC Bank 2023, NBC Bank is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.
Ajira NBC Bank 2023
The Bank traces its origins to 1967 when the Tanzanian Government nationalized all financial institutions, including banks. In 1991, the banking industry was amended and six years later. In 2000, South African financial services group Absa Group Limited acquired a majority stake in NBC. The Government of Tanzania retained a 30% shareholding and the International Finance Corporation (IFC), a member of the World Bank Group, took up 15% shareholding in the bank. The new entity became known as NBC Limited. Enjoy the convenience of our range of banking services.
1.SME Credit Officer
Assess customer’s business through the analysis of the business and credit risk associated with the provision of the bank’s products and services to the customer Develop high quality credit solutions with the view of providing timely and quality credit decisions. Be the joint contract for credit management purposes for accountants, solicitors and other professionals. Sanctioning of credit applications and or preparation of credit applications for recommendations to the senior sanctions for exposure above personal discretion. Review and Sanctioning of Agri Loans’ applications for recommendations to the senior sanctioned for exposure above personal discretion.
With a network of more than 200 ATMs countrywide, as well as excellent internet and mobile banking services, you have the freedom to do your banking where and when you want. In 2000, South African financial services group Absa Group Limited acquired a majority stake in NBC. The bank is an equal opportunity employer. To perform and manage all activities in a way that strict adheres to approved Credit and Provisioning Policy as well as the approved standard credit processes and procedures are maintained.Ajira NBC Bank 2023
Business Risk Partnership 30%
Outputs to deliver this accountability: Work in partnership with RMs on new and existing credit applications, providing guidance on credit appetite and consulting with other product partners. Liaise directly with the Head of Credit and or sanctioning office for all credits that are outside own discretion Attend customer meetings with the Relationship manager if credit related issues are to be discussed/need to be resolved. Proactively contribute to embedding agreed change management initiatives in support of process and quality improvements, cost reduction Support and contribute to specific industry focus as determined by the Corporate/Credit teams. Review and sign facility letters and co-ordinate execution of documentation and drawdown of facilities Ajira NBC Bank 2023
Portfolio management – Monitoring and Control 30%
Outputs to deliver this accountability: Responsible for managing financial information produced by customers. Responsible for managing the end-to-end process for risk reports, challenging relationship managers where control lapses or potential risk has been identified. Monitor and Control quality of portfolio using Condition of sanction triggers where possible. Discussing with sanctioned deteriorating trends and trigger events if they give cause of concern advising the Relationship Manager simultaneously Teamwork 10% Outputs to deliver this accountability: Support the Team leaders in delivering effective performance development for individuals within the team. Drive proactive application of Absa guiding Principles both personally and throughout the team and coach and support colleagues within the Team.
To achieve agreed sales targets in line with the business objectives through pro-active selling of Retail banking lending and deposit products and at the same time providing excellent customer service, Deliver exceptional sales performance by identifying and meeting customer needs through selling & cross selling of Bank’s consumer lending and deposit products. Provide direct “hands on” sales support (quality lead generation and effective follow up) to generate and convert quality leads into sales. Participate in sales campaigns to meet specific targets. Maintain own sales performance statistics for management information usage. Complete account opening and loan documentation together with customers in line with NBC Bank policies and requirements and submit to Line Manager/Team leader for review before submitting to operations for processing.
Education and Experience Required
B-degree / Advance Diploma or Equivalent qualification in Finance, Accounting, Economics, Business Admiration or any other related field At least 5 years of experience in loan appraisals, monitoring and, or customer acquisition An up to date knowledge of industry related developments Full and extensive knowledge of NBC end to end loan applications processes Proven personal experience of managing customer situations within complex decision May have experience in the Business to Business Financial Services Sector Fully aware of Industry trends (local and overseas).
Knowledge & Skills: (Maximum of 6)
Deciding and initiating action Financial Analysis and Decision making skills Excellent communication and sound financial skills Excellent comprehension skills to understand and interpret industry data and economic trends Strong formal presentation skills to gain acceptance to solutions, both internally and externally Strong Leadership and team-working skills Basic IT Knowledge as well as core banking platform i.e. Flex Strong formal presentation skills to gain acceptance to business cases, solutions, both internally and externally
Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Credit Risk (Meets some of the requirements and would need further development), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)