Chief Credit Officer Ref 32237
Our Client, NMB Bank PLC., is seeking to recruit a Chief Credit Officer (CCO) who will provide strategic leadership to the Credit, Loan Center and Special Assets Management functions and provide oversight of all aspects of lending operations as well as participate in Management and other committee meetings in support of the bank’s overall strategy and in supporting the bank’s day to day operations, ensuring loan portfolio growth, risk management and contribution to earnings. The CCO will also enforce ongoing training in best of breed credit analysis, credit management and data analytic trends.
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Responsibilities- Assist the bank in meeting its overall business plan goals and maximizing loan profitability within the bank’s defined risk framework, particularly in relation to portfolio at risk and non performing loans.
- Develop, implement, and monitor compliance with credit policies, procedures and practices that strategically support the bank’s risk objectives.
- Supervise and coach the teams on credit analysis, credit quality assurance (support and monitor branches in all credit matters), credit admin (loans documentation and collateral), (monitoring, collections and central disbursements of all retail and MSE loans) and special asset management.
- Participate in strategic planning, credit policy development, and credit quality management of the bank.
- Oversee regulatory compliance with BOT regulations in credit domain.
- Submit accurate and timely reports as required by the Board, Board Committees and executive management and regulatory agencies.
- Work with the business units, Compliance & Risk Department and HR to assure that training and education relating to lending rules and regulations are effective.
- Oversight of Special Assets Management department to assure collections and recovery functions are well defined and effective in meeting the overall objectives of the bank.
- Balances between risk mitigation and commercial banking.
- Periodic self-assessment of (credit) risk and controls.
Attributes
- Proven track record in credit operations in a very competitive environment.
- Possess an intimate knowledge of credit analysis, bespoke deal structuring and risk mitigation as well as best practice loan/deal management post origination.
- Broad and detailed technical knowledge of general banking practices and procedures (including wholesale).
- In-depth understanding of full range of banking business (including wholesale), market management and market segmentation i.e. “Market competent”.
- Ability to quickly obtain an in-depth understanding of the bank’s strategy, operating structure and interfaces with other functions.
- Preferably knowledge of competitor and local market activity.
- Master’s degree in Finance or a related field gained from a recognized university or an accounting certification e.g. CPA/ACCA/CIMA, or at least 15 years appropriate experience in credit management with at least 5 years at a senior level in institutions recognized for good credit management. Post grad qualifications in banking is an added advantage
- Proven track record in a heading credit management in banking
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How To Apply
- Email your CV and application letter to jerome@radarrecruitment.com stating the Reference Number 32237 in the subject line.
- To view the full job description go to www.radarrecruitment.co.tz and enter the Job Reference Number in the search field.
- The closing date for applications is Friday 26th June 2020.
- Only shortlisted candidates will be contacted.
Relationship Manager (Chinese Portfolio)
Job Purpose
To evaluate Chinese portfolio credit risks associated with lending at the client interface, with the primary objective to contain credit risk within acceptable parameters.
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Main Responsibilities- Provision of direct credit evaluation services at the customer interface.
- Identify credit and risk management requirements at the source of the deal negotiation/ business proposal.
- Conduct credit evaluation interviews during deal negotiation
- Identify, quantify and evaluate sources of risk in relation to profitability of business proposal and financial viability of the corporation as a whole.
- Utilize industry risk analysis available to identify and understand contextual threats to existing and potential clients.
- Prepare credit applications providing sound financial and business justification for deals/ proposals.
- Proactively drive review process of existing facilities
- Detect and evaluate shifts or changes in key parameters in a business relationship or industry and evaluate the implications of such changes on continued business dealings.
- Analyze information received from client and the client’s performance. Establish reasons for risk exposure in excess of credit facilities; evaluate these in relation to business risk parameters.
- Monitor utilization in excess of credit facilities and assist Relationship Managers in managing the risk exposure.
- Review the correctness of data and information obtained including financials & ROE calculations before sending to Credit.
- Build relationship with Credit Relationship Managers to improve quality of business proposals and turnaround time on credit evaluations.
- Share joint credit responsibility for business and understanding the implications of substandard delivery.
- Identify risks/ barriers to business development that emanate from a client’s operating environment and develop strategies to mitigate/ overcome these problems with the relevant members of the team.
- Manage financial information produced by Chinese portfolio customers.
- Plan and Implement annual credit reviews for the portfolio.
Attributes
- Knowledge of the key areas in Wholesale Banking.
- Understanding of key financial indicators and use financial analysis to evaluate strategic options and opportunities
- Robust credit knowledge; High level of accuracy and attention to detail
- Strong ability to influence, build and /or initiate effective relationships and credibility with others (colleagues, stakeholders and customers)
- Ability to identify, clarify/define and work through challenges towards a defined outcome
- Ability to think in terms of integrated solutions; Logical, rational and shows sound judgement
- Excellent communication skills, both verbally and in writing with the ability to listen actively and with interest, and interrogate and interpret information effectively
- Bachelor of Commerce, MBA/ ACCA/CPA or similar qualifications
- At least 5 years’ experience in Banking and/or Financial Services, 2 years being in credit related duties.
- Must be able to speak Mandarin
Please be advised that if you are not contacted within 14 working days of the advert closing date then you have not been shortlisted.
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“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
Deadline:2020-06-18
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