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    Job Advert - Credit Officer

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    Rashid Bumarwa
    Tanzania Postal Bank is seeking to hire 13 Credit Officer Group Lending positions to be responsible for recruiting and training clients in the bank's group lending policies and procedures. The officers will implement procedures for registration, loan applications, approvals, disbursements and collections. Key responsibilities include mobilizing and forming client groups, ensuring timely loan repayments, and maintaining a portfolio of 340 clients with $100,000 in outstanding loans. Applicants should have a Bachelor's degree in economics or business, 2 years experience as a loan officer, and skills in communication, detail orientation, and working under pressure.

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    Job Advert - Credit Officer

    Uploaded by

    Rashid Bumarwa
    364 views3 pages
    Tanzania Postal Bank is seeking to hire 13 Credit Officer Group Lending positions to be responsible for recruiting and training clients in the bank's group lending policies and procedures. The officers will implement procedures for registration, loan applications, approvals, disbursements and collections. Key responsibilities include mobilizing and forming client groups, ensuring timely loan repayments, and maintaining a portfolio of 340 clients with $100,000 in outstanding loans. Applicants should have a Bachelor's degree in economics or business, 2 years experience as a loan officer, and skills in communication, detail orientation, and working under pressure.

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    Credit Officer

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    Tanzania Postal Bank is seeking to hire 13 Credit Officer Group Lending positions to be responsible for recruiting and training clients in the bank's group lending policies and procedures. The officers will implement procedures for registration, loan applications, approvals, disbursements and collections. Key responsibilities include mobilizing and forming client groups, ensuring timely loan repayments, and maintaining a portfolio of 340 clients with $100,000 in outstanding loans. Applicants should have a Bachelor's degree in economics or business, 2 years experience as a loan officer, and skills in communication, detail orientation, and working under pressure.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    364 views3 pages

    Job Advert - Credit Officer

    Uploaded by

    Rashid Bumarwa
    Tanzania Postal Bank is seeking to hire 13 Credit Officer Group Lending positions to be responsible for recruiting and training clients in the bank's group lending policies and procedures. The officers will implement procedures for registration, loan applications, approvals, disbursements and collections. Key responsibilities include mobilizing and forming client groups, ensuring timely loan repayments, and maintaining a portfolio of 340 clients with $100,000 in outstanding loans. Applicants should have a Bachelor's degree in economics or business, 2 years experience as a loan officer, and skills in communication, detail orientation, and working under pressure.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    CREDIT OFFICER GROUP LENDING (13 POSITIONS)

    Tanzania Postal Bank (TPB) seeks to appoint dedicated, self-motivated and highly
    organized Credit Officer Group Lending (13 positions) to join Credit Group lending
    team.
    JOB SUMMARY
    The Credit Officer Group Lending will be responsible for the recruitment and training
    of clients in TPBs Group Lending Credit Policies and Procedures. He/ She will
    implement the TPBs procedures during registration, loan application, appraisal, loan
    disbursement and loan recovery.
    To ensure good customer service, improved performance and profitability as well as
    effective risk control and management in the Group lending section in line with
    TPBs objectives
    Reporti ng Li ne: Regional Supervisor/Branch Manager
    Locati ons: Dar es Salaam, Mbeya, Songea, Mwanza, Musoma, Morogoro, Iringa,
    Tanga, Tabora, Dodoma, Kigoma, Mtwara and Arusha
    Work Schedul e: As per TPB Staff regulations
    Sal ary: Commensurate to the Job Advertised
    Essenti al Duti es and Responsi bi l i ti es:-
    Active mobilization, sensitization, formation and recruitment of economically
    active members into the groups as well as promoting a saving culture and
    savings mobilization in the groups.
    Participate in the recovery of written off loans in accordance with TPBs loan
    recovery guidelines.
    Ensure timely loan repayments and security deposit collections in all groups.
    Ensure that all clients loan repayments are accurately posted in the loan
    tracking system.
    Ensure weekly/biweekly/monthly attendance of meetings by all group members
    through training and maintenance of attendance registers.
    Ensure accurate and timely filing of all Group Loan documentation.
    Ensure effective monitoring of loans through regular visits to clients and manage
    delinquency alarm signals by following up on problem clients.
    Generate and instill solidarity group pressure in each group as the basis of Co-
    guarantorship.
    Tanzania Postal Bank is an established Bank by the Act No. 11 of 1991 as
    amended by Act No. 11 of 1992. TPB is a Bank that provides competitive
    financial services to our customers and creates value for our stakeholders
    through innovative products.
    TPB is a Bank, whose vision is to be the leading bank in Tanzania in the
    provision of affordable, accessible and convenient financial services. As part
    of effective organizational development and management of its human capital
    in an effective way, TPB commits itself towards attaining, retaining and
    developing the highly capable and qualified workforce for TPB betterment and
    the Nation at large.
    Liaise with the Credit Supervisor to ensure speedy payment of claims in event of
    death calamities.
    Ensure that all the loan repayment collections are deposited to TPBs bank
    account by the group officials within 12hours.
    Ensure that all groups are constantly full through continuous mobilization and
    timely replacement of exited clients.
    Cross sell other TPBs products and services.
    Attend any other duties as may be assigned by the Credit Supervisor.
    Key resul ts Area:
    Monthly disbursement of at least 4 new Group loans.
    Maintain at least 340 active clients on a monthly basis
    Maintain at least TZsh. 100 million in outstanding portfolio on a monthly basis
    PAR (above 1 day) of 2% and below
    Client retention rate of 95%
    KEY RELATIONSHIPS
    Internal: Senior Manager - Group lending, Credit Supervisor, Accountant,
    Cashier, Branch Manager
    External: Regulators, Customers,Consultants
    AUTHORITY LEVELS
    As set down in TPBs policy and procedures for a position at a Credit Officer
    EXPERIENCE AND KNOWLEDGE REQUIRED
    Educati on: Bachelors degree in Economics, Commerce, Business
    Administration, Accounting, Finance, banking or other related discipline
    Good knowledge of microfinance with significant experience in group loan
    lending and at least 2 years experience at a Loan Officer level
    Experi ence: Experience of at least 2 years at Group Loan Lending level
    Ski l l s / Attri butes: High level of integrity.
    Must be keen on details.
    Excellent communication and report writing skills.
    Ability to work under pressure and minimal supervision.
    Personable and able to relate to people at all levels.
    The positions will attract a competitive salary package, which include benefits.
    Applicants are invited to submit their resume (i ndi cati ng the posi ti on ti tl e i n the
    subject headi ng) via e-mail to: recrui tment@postal bank.co.tz . Applications
    via other methods will not be considered.
    Appl i cants need to submi t onl y the Curri cul um Vi tae (CV) and the Letter of
    Appl i cati ons i ndi cati ng the Job adverti sed and the regi on of preference.
    Other credenti al s wi l l have to be submi tted duri ng the i ntervi ew for
    authenti c check and other admi ni strati ve measures and shoul d not i n any
    way be attached duri ng appl i cati on.
    Tanzani a Postal Bank i s an Equal Opportuni ty Empl oyer and i s very
    commi tted to envi ronmental , heal th and safety Management.
    Tanzania Postal Bank has a strong commitment to environmental, health and safety
    management. If you are not contacted by Tanzania Postal Bank, you should
    consider your application as unsuccessful. 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.
    Pl ease forward your appl i cati ons before 5
    th
    June 2014

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