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Employment Opportunities at Mwanga Community Bank Limited [MCBL]

Published by Ajira Zetu tz on Friday, September 21, 2018


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Mwanga Community Bank Limited [MCBL] is a fast-growing Bank operating in the Kilimanjaro region with its head office and the main branch at Mwanga town supported by three service centers located at Moshi, Same and Hedaru. Currently, the bank is looking for a qualified and self-motivated candidate [Tanzanian Citizen] to fill the vacant position of Credit Manager.
JOB POSITION: Credit Manager [1 position]
Job Purpose: Oversee the Credit Department and branches/Service Centers on credit matters
Fixed employment contract [renewable basis- subject to performance]


This position is responsible/accountable for the entire credit granting process at MCB, including the consistent application of the credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, with the goal of optimizing quality credit portfolio and ensuring consistent growth in the loan portfolio size.

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  • Develop and maintain a well performing and sound credit portfolio
  • Ensure that PAR [portfolio at risk]/ Non Performing Loans are maintained at the lowest level portraying low credit risk
  • Implementing result oriented recovery strategies such that the amount under arrears is kept minimal under all loan products
  • Ensuring that credit risk mitigation factors are in place by implementing sound Loan Portfolio Management strategies
  • Approve/ reject loans within the assigned authority of the Credit Manager
  • Undertake appraisal cum analysis of all loan applications and present the loans for approval before the Credit Committee [Board as well as Management Credit Committee]
  • Ensure disposal of all Loan Requests within a defined “Turn Around Time [TAT]”
  • Ensure that delinquency meetings are conducted on specified days to analyze loans in areas for each loan officer
  • Ensuring that monthly PAR targets for each loan officer are attained and motivation for those excelled is done and remedial measures to be instituted for those who failed
  • Implementation of management /credit committees and Board directives on Credit Risk Management
  • Ensure that interviews on new and renewing credit customers are done professionally and appropriate analysis forms are completed
  • Be responsible for all Credit Products including Loans, Overdraft, Bank Guarantees, Letter of Credit etc.
  • Making sure that the loans documentation are prepared and maintained in line with the internal and external rules/ regulations
  • Ensure safekeeping of all papers related to the Collateral Securities pertaining to various credit facilities and safekeeping of Customer’s Loan Files
  • Monitor the performance and execute regular controls of existing loan exposures
  • Execute follow-ups and workouts in case of defaults or foreseeable risks
  • Review, develop, pilot-test and roll out new credit products and services at regular interval
  • Analyse the Bank’s Loan Portfolio to recognize principle performance trends and to advise management on necessary corrective actions
  • Review of Credit Manual/ Policy regularly but at least once a year; further to establish guidelines and procedures to enhance the performance of the credit department and ensure that they are observed by every member
  • Assure in time accurate and complete Credit reports including B.O.T. returns
  • Ensure that Regulator [BOT] Regulations, Guidelines, and Circulars pertaining to credit management are adhered to at all the time
  • Any other duties and responsibility that may be assigned by the Managing Director, Credit Committee and the Board.


  • Master’s degree in the business related field. Possessing additional qualifications like CPA or any other professional certification/qualification will be an added advantage
  • Experience of 5 to 7 years in the Banking Industry at the level of Credit Manager or Credit Supervisor
  • Not less than 35 years of age
  • Conversant with IFRS Financial Reporting Standards
  • Vast understanding of credit reporting agencies as operational in Tanzania
  • Conversant with Regulator [BOT] Regulations and Guidelines pertaining to credit management
  • Strong computer skills
  • Current working with Bankers Realm as a core banking system will be an added advantage
  • Excellent written and verbal communication skills both Swahili and English
  • Strong problem solving and customer care to maintain a strong relationship with customers
  • Ability to negotiate effectively
  • The integrity of the highest order
  • Ability to teamwork and leading the team
  • Analytical skills; high attention to detail and focusses on fact-based decision making.
REMUNERATION: the bank [MCB] will offer attractive package for the successful candidate.
For anyone who holds the requirements mentioned above and aspire to apply for the position should send application letter accompanied with current CV and certificates through email to: recruitment@mwangabank.co.tz
Deadline for submission of the Job Application/ CV is 27th September 2018 and only short-listed
candidates will be called for the interview.J2

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