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Officer Credit Custody (SDU) Job Description
General Information
- Job Title: Officer Credit Custody (SDU)
- Department/Division: SDU
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Job Purpose
Responsible in managing bank’s securities by ensuring that they are duly and accurately signed and perfected to the satisfaction of the bank; ensuring that securities are properly record in a well-maintained database.
Main Duties & Responsibilities
- Ensuring that securities are kept in safe custody and their removal controlled under a dual system arrangement.
- Ensuring that all securities are well recorded and updated in bank’s security database. i.e tenure, property description, names e.t.c
- Perform periodic inspections of securities to ensure correct placement and legibility
- Confirmation of securitties to respective stakeholders
- Facilitate withdrawal of securities on receipt of request from credit, business units or branches.
- Tracking of security register movement
- Minimization of risks and losses/penalties associated with security custodianship
- Any other related duties as assigned from time to time
Knowledge, Skills, Qualifications, and Experience
- Knowledge
- Computer skills
- Record keeping
- Strong attention to details and ability to work under tight deadlines.
- Ability to take initiative and aptitude for quick learning.
- Excellent communication and organizational skills
- Skills
- Detail-oriented with a focus on accuracy and efficiency
- Self reliant, proactive, team work, proffesional and enthusiastic
- Strong analytical and problem solving skills
- Excellent communication and organizational skills
- Qualifications
- Holder of a University Degree or equivalent qualification in Banking, Risk Management, Law, Business Administration
- Work Experience
- Good experence in documents custodianship.
Application Process To Apply: Please submit your application quoting the Job title on the subject field to: TZRecruitment@equitybank.co.tz. Application Deadline: 26th August, 2025.
Officer Credit Administration (SDU) at Equity Bank
Job Overview
Job Title: Officer Credit Administration (SDU) Department/Division: SDU Number of Vacancies: 1 Job Purpose: Responsible for reviewing facility letters in line with the bank’s processes and procedures. Ensure that the loans reviewed are of high quality and consistently achieved within agreed turnaround time (TAT), leading to growth support of the loan book through disbursement.
Main Duties and Responsibilities
- Reviewing facility letters and all other security documents to ensure correctness, integrity, and comprehensiveness of details/information and terms and conditions as per approved credit requests.
- Closely follow up on pre-disbursement conditions before disbursement.
- Facilitate discharge of securities on receipt of request from credit, business units, or branches.
- Tracking of exemption database to ensure that all exemptions are captured correctly and updated regularly.
- Minimization of risks and losses/penalties associated with security documentation and pre-disbursement of facilities.
- Ensure land rent, valuation, and insurance in respect of all securities charged to the bank in respect of lending are in place before pre-disbursement of facility(ies).
- Any other related duties as assigned from time to time.
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Knowledge, Skills, Qualifications, and Experience
Knowledge
- Basic knowledge of banking.
- Strong attention to details and ability to work under tight deadlines.
- Ability to take initiative and aptitude for quick learning.
- Excellent communication and organizational skills.
Skills
- Detail-oriented with a focus on accuracy and efficiency.
- Self-reliant, proactive, teamwork-oriented, professional, and enthusiastic.
- Strong analytical and problem-solving skills.
- Excellent communication and organizational skills.
Qualifications
- Holder of a University Degree or equivalent qualification in Banking, Accounting, Law, Risk Management, Business Administration, or Finance.
Work Experience
- Awareness of credit risks available in the market and their tools for control or mitigation.
Application Process
To Apply: Please submit your application quoting the Job Title on the subject field to: TZRecruitment@equitybank.co.tz. Application Deadline: 26th August, 2025.
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