China Dasheng Bank Ltd is a fully -fledged commercial bank approved by the Central Bank of Tanzania. It is the first bank in Tanzania established jointly by Chinese state -owned and private companies. The Bank has one branch located at ground floor, Extelecoms house, Samora Avenue. Also, the Bank Head office is located at the Mezzanine floor, Extelecoms House, Samora Avenue. China Dasheng Bank invites suitable applicants to apply for the following posts:

Job title: Head of Credit and Recovery

Responsible to: CEO

Duration of Contract: Three (3) Years

Duties and Responsibilities

Heading Credit Department
Formulation of constant review of the Bank’s Credit Policy and establishment of a regime of controls and discipline that ensures compliance with lending principles and guidelines laid down in the Credit Policy Document.
Continually review sectoral ceilings, discretionary authorities; portfolio measures; including industry limit, tenue limits, risk rating, NPLs, risk acceptance criteria, security acceptance and credit risk metrices.
Ensuring that provisioning policies are in line with Bank’s Credit Policy Document, comply with Banking Act provisions and coordinate with Finance Division to ensure appropriate provisions and interest suspensions are affected in the Bank’s accounting system.
Management of Credit Appraisal system, ensuring that appropriate reviews of credit proposals are undertaken on timely basis.
Ensure continued maintenance of quality portfolio risk management especially in line with CDB growth strategy.
Implementation of automated process to minimize manual interventions thereby increasing efficiencies in delivery of credit products at both personal and corporate lending levels.
Providing ongoing relevant training to all bank staff involved in lending business to address identified skill gapes.
Identification and management of substandard and non­performing assets portfolio of the Bank in line with Credit Policy Document and recommend to the EXCO and the Board, which minimize losses and facilitate full recovery of any exposure taken by the Bank.
Providing technical support to the EXCO on the management of Bank’s credit portfolio and the review and approval process for credit proposals.
Management of the credit administration aspect of the portfolio, including ensuring that all requisite security documents are in place prior to disbursements.
Organize, manage, and motivate the available human capital within Credit Department through establishment of suitable organization structure and implementing development programmes to optimize competence and productivity.
Perform any other duties as may be assigned by the CEO.

Required Education & Experience

Degree in Banking, Economics, Finance, Accountancy or equivalent from a recognized Institution with not less than 10 years relevant working experience in Credit Administration in a reputable firm, 5 of which should be at Senior Managerial level.

Applications should include the following:

Typed letter of application hand-signed by the applicant.
Detailed CV.
Photocopies of relevant Certificates.
Two recent passport size photographs of the applicant.
Name of at least two referees with complete contact details.
REMUNERATION

Attractive remuneration package will be offered to the successful candidate.