Credit Risk Manager – Equity Bank
Job Purpose
To maximize the bank’s risk-adjusted returns by ensuring credit risk exposure remains within acceptable parameters—independently identifying, measuring, and reporting the branch’s credit risk profile, evaluating credit facilities across banking segments, managing collateral custody, and monitoring control effectiveness to safeguard portfolio health.
Roles & Responsibilities
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Credit Facility Appraisal & Committee Evaluation: Independently appraise credit applications across Personal, SME, and Corporate segments—ensuring data integrity, applying risk models, evaluating creditworthiness, and proposing risk mitigants during Credit Committee presentations.
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Credit Risk Oversight & Portfolio Monitoring: Identify, measure, and report significant portfolio risks, operational losses, and policy exceptions; conduct periodic stress testing, portfolio impact assessments, and scenario analyses for senior management and board reporting.
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Delinquency Management & Remediation: Analyze non-performing and delinquent accounts, conduct root-cause portfolio reviews, and coordinate remediation strategies—including debt restructuring, legal action, and recovery unit follow-ups.
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Collateral Custody & Security Management: Act as primary custodian of security vaults and credit documentation; maintain security registers, manage document retrieval/archival workflows, and ensure continuous collateral coverage through timely insurance renewals.
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Policy Advisory & Regulatory Compliance: Enforce compliance with internal credit risk management frameworks, Bank of Tanzania (BoT) prudential guidelines, loan classification/provisioning rules, and AML/KYC requirements while ensuring accurate fee and commission collections.
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Cross-Functional Collaboration: Partner with Relationship Managers, Credit Operations, and Recovery Units to balance business expansion with prudent risk controls, representing the branch in internal risk reviews and external audits.
Qualifications
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Bachelor’s Degree in Finance, Banking, Accounting, Economics, Business Administration, or a closely related field.
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Advantage: Professional certification in risk management, credit analysis, or accounting (e.g., FRM, PRM, CPA, ACCA).
Skills, Experience & Competences
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Minimum of 3 to 5 years of commercial banking experience, with at least 2 years focused specifically on credit analysis, credit risk management, or lending relationship management.
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Proven background in SME and corporate credit appraisal, complex financial statement analysis, cash flow modeling, and loan structuring.
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Strong practical understanding of Bank of Tanzania (BoT) regulatory frameworks, central bank provisioning standards, and credit risk control systems.
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Demonstrated experience in collateral management, document custody procedures, and problem loan workout strategies.
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Strong technical decision-making, analytical reasoning, credit committee presentation, and stakeholder collaboration skills.