NBC 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.
Job Summary
• Manage a portfolio of clients within the Mining sector and Project Finance.
• To conduct quality credit risk assessments and reviews that present commercially minded solutions through analysis of financial, industry and economic information in support of the decision-making process.
• Facilitate the credit sanctioning process to ensure responsible risk decisions. This will include the preparation of credit applications and the presentation of recommendations to the relevant risk committees.
• Accountability for the full credit lifecycle of the portfolio including granting of facilities, implementation, systems, post-implementation monitoring.
• Ongoing management of the portfolio through portfolio reviews and management information.
• Independently building and managing relationships with key relevant business partners to ensure delivery under the organization’s strategy.
• Ensure efficient and timely risk delivery to clients.
• Act as a liaison with legal Team on interpretation and application of the Mining and environmental laws in Tanzania
Job Description
1. Credit Risk Management
o To take ownership and control of credit risk related work on a defined portfolio of Mining / Project Finance clients against which NBC Ltd has credit facilities.
o The candidate is to carry out comprehensive and quality credit risk functions. Functions cut across the credit lifecycle (i.e. granting, implementing, managing and restructuring).
o Representing Credit to Senior Management in various committees, presenting analysis of the aggregate portfolio risk and composition.
o Presentation of portfolio risk analysis to the relevant risk committees.
o Developing and delivering relevant Monthly Risk MI for Senior Management, including analysis and commentary, ensuring risk issues on the defined portfolio are well understood and presented transparently.
o Manage exposures including the accurate maintenance of the data on relevant risk systems.
o Create presentations and technical documents designed to articulate key risks to various forums and credit committees.
o Monitor adherence of covenants and conditions on a continuous basis and identify any deviations and possible concerns.
o Create and maintain an accurate due diligence record of the client portfolio, detailing what facilities they have and the associated terms and conditions.
o Manage and communicate the risks associated with outstanding securities.
o Understand and manage the required inputs into the banks models ensuring validity and accuracy.
o Monitor the client business performance and identify relevant risks to ensure early identification of change in the client’s business or operating environment and watchlist accordingly.
o Proactively utilise the systems and tools available for Credit Risk and partake in the ongoing development and feedback of these systems to deliver and enhanced automated credit function.
o Manage all administrative and operational aspects of the relevant portfolio of clients ensuring completeness, accuracy and validity of data.
o Build and manage relationships with key relevant business partners.
o Maintain and manage the relevant portfolio within the defined appetite levels.
2. Governance
o Ensure that the Bank’s credit policies and philosophy are complied with.
o Ensure understanding and adherence to relevant Legal requirements relevant to the Credit Lifecycle and specific industry.
o Complete the necessary training requirements and Compliance processes in a timely manner.
o Ongoing credit portfolio monitoring and maintenance of Bank Risk Appetite across core corporate clients.
o Ensure that all covenants are measured and reported during the review or new credit application process and that all changes to covenants are reported to the RCU team
3. Data and System Management
o To produce relevant management information and manage exposures including the maintenance of relevant systems.
o Drive RWA efficiencies through ensuring that the data in terms of Default Grades (DG’s), Loss Given Defaults (LGD’s), limits and review dates are correctly captured on the Bank’s credit systems and adequately supported by in the credit systems.
4. Business Enablement
o Provide solution driven support to business to facilitate growth initiatives, whilst maintaining a healthy balance between risk and reward.
o Participate and add value to business committees where required (New Business Committees, monthly Portfolio Quality meetings, monthly Watchlist meetings).
o Communicate and interact regularly and proactively with business stakeholders while providing insights on risk trends and providing clear risk appetite guidance.
o Attend client meetings and provide training to business and credit colleagues
5. Accountability ; Other
• Support in creating a high-performance culture of individuals who are engaged.
• Contribute fully, including suggestions for ways of improving risk delivery and management through ongoing projects.
• Portraying the right values and behaviors in the achievement of the Risk Strategy.
• Contribute to ongoing projects to improve risk delivery.
• Develop relationships with colleagues and create a sense of engagement.
• Communicate concerns or challenges faced in a constructive and positive manner.
• Develop and maintain contacts with Specialists in other areas of the Group.
• Embrace and adapt to the diversity and change within the current Banking environment.
• Demonstrate the willingness and ability to perform to the very best levels to ensure personal alignment to the Credit Risk Strategy.
Education and Experience Required:
• Bachelor degree in Business or Commerce (or similar) / A specialization in Mining would be an added advantage
• Relevant postgraduate qualification such as CA(SA) / CFA preferable with 5 years experience within a credit risk environment or relevant sector experience (Mining, Oil & Gas, Project Finance).
Preferred Experience
• Experience in a Credit Risk Environment covering Resources or Project Finance transactions.
• Experience in the Mining Sector.
Knowledge and Skills required (Maximum of 6):
• Firm understanding of the Mining sector.
• Strong credit analysis and communication skills.
• Product knowledge – Mining, Project Finance or Oil & Gas related financing.
• Analytical abilities.
• Professional writing and presentation.
• Leadership capabilities
• Banking products and regulatory knowledge.
• Risk Management principles and practices.
• Stakeholder Management.
Qualifications
Bachelor`s Degrees and Advanced Diplomas – Business, Commerce and Management Studies, Credit Risk (Meets all of the requirements), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment at junior specialist level, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)
How to Apply:
Please follow the link provided below.
