REPORTING LINE: Direct to: Chief Manager Credit MIS &Training
Indirect to: Director of Retail BusinessBanking
LOCATION: Head Office
WORK SCHEDULE: As per TPB Bank PLC Staff regulations
DIVISION: Retail & Business Banking
SALARY: Commensurate to the Job Advertised
MAIN PURPOSE OF THE JOB:
1. Handle team in validating of all approved and disbursed loans and
management of daily administration and documentations to make full
compliance with the internal standards and external regulatory requirements.
2. Review loan documents and liaise with internal and external parties to ensure
proper and efficient delivery of credit administration duties.
3. Review daily system credit monitoring and management of standard
reports for management decisions.
4. Respond on departmental and branch Credit related audit queries and replies
thereon.
5. Administering of reconciliations between General Ledgers and subsidiary
account.
REQUIRED KNOWLEDGE AND SPECIALIZATION
Six sigma approach towards process continuity and reductions in risk.
forecasting process, impairment calculation as well as regulatory provision calculations.
Knowledge in support of New Business Development and Risk Analysis.
Knowledge in applying Six tools for continuous Improvement Plans using DMAIC
(define Measure Analysis Improvement and Control).
Experience in Leading Cross-function projections.
Knowledge in Advanced Excel and Access.
DUTIES AND RESPONSIBILITIES:
Handle team in validating of all approved and disbursed loans and management of daily administration and documentations to make full compliance with the internal standards and external regulatory requirements.
Review loan documents and liaise with internal and external parties to ensure proper
and efficient delivery of credit administration duties.
Review daily system credit monitoring and management reports:
Validation of portfolios on loan disbursement on daily basis
Administer Branch and Min Branches daily input data and reports
Identify first payment defaulters proactively follow-up to ensure corrective action taken.
Checking indemnity premiums movements
Checking correctness of interest revenue movements in the system
Checking employers code and other parameters if entered correctly in the core banking system.
Checking of movement on recovery from charged off accounts
Administer preparations of deduction and approval to and from respective
employers/Fund Institutions
Management of Audit queries from Branches and compilation of management replies
to the Management
Maintained corporate policies in the customer credit and initial collection cycles.
Identify non performing accounts with irregularities and proactively follow-up to ensure corrective action taken in line with credit policy
Assist the team involved in supporting the impairment calculation as well as
regulatory provision calculations
Drive the data source and whole process for compiling financial instrument disclosures
Perform forecasting process on micro and macro-economic factors in line with the
IFRS 9 buckets and its aligned risk classifications
Generate, review and maintain daily loan disbursement reports for presentation to credit and other users, provide weekly and monthly reports on the same, in accordance to the credit policy & manual and report to Senior Management accordingly.
Ensure compliance with the internal policy, credit approval terms and conditions
regulatory ratio / policies before approving any new loans request.
Responsible for system collateral valuation, collateral monitoring and collateral reconciliation with original documents to ensure compliance of coverage ratio.
Ensuring post disbursement compliance with approved terms and conditions,
assignment of rights, review expiry of credits, progress payment insurance.
Administer reconciliation of all General ledger (G/L accounts) vs Subsidiary ledgers (SL) on daily basis:
Interest rate
Indemnity
Portfolio Position
All suspense accounts
Facilitation to enhance service delivery
Make sure officers have all the necessary documents and facilities for their daily activities e.g necessary manual, forms and stationary related to the banks’ loan portfolios
To support TAT to Branch and Mini Branch officers and Head Office team for all
bank products, and updating TAT tracker on daily basis.
Education, Experience and Skills:
Bachelor’s degree in Banking and Finance, Corporate Finance, Statistics, Economics
or any related field with three year experience in Business and Banking industry,
Experience on Equinox/Rubicon or any other reputable core banking system also
may be added advantage.
High level of integrity.
Must be keen on details.
Excellent communication and report writing skills.
Ability to work under pressure and minimal supervision.
How To Apply:
The position will attract a competitive salary package, which include benefits. Applicants are invited to submit their resume (indicating the position title in the subject heading ) via e-mail to: recruitment@tpbbank.co.tz.
Applications via other m ethods w ill not be considered. Applicants need to subm it only the Curriculum Vitae (CV) and the letter of applications starting the job advertised and the location. Other credentials w ill have to be subm itted during the interview for authentic check and other adm inistrative m easures and should not in any w ay be attached during application.
TPB Bank PLC has a strong commitment to environmental, health and safety management. Late applications will not be considered. Short listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment and reference checking.
AVOID SCAMS:
NEVER pay to have your CV /Application pushed forward.
Any job vacancy requesting payment for any reason is a SCAM. If you are requested to make a payment for any reason, please use the Whistle blower policy of the Bank, or call 0222162940 to report the scam. You also don’t need to know one in TPB BANK PLC to be employed. TPB BANK PLC is merit based institution and to achieve this vision, it always go for the best.
Please forward your applications before 2nd August 2017