Overview

Position: CREDIT MANAGER

Reporting to the General Manager, the Credit Manager (CM) will be part of the management team of the company, and will be responsible for credit operations within the microfinance operations.

(i) Key Responsibilities
Cultivating a corporate credit culture which drives growth of the loan portfolio, delivers high customer satisfaction, follows customer protection principles, and enables the company to meet is mission of improving livelihoods for low-income micro-entrepreneurs o Providing leadership and clear focus for the company employees engaged in delivery of credit products and services o Developing strategies (staffing, product, process, marketing, etc.) to enable portfolio growth and client outreach in existing and new regions, o Ensuring strong portfolio quality for group and individual loans, balanced alongside the need to reach the unbanked or financially excluded with unconventional methodologies
Implementing and continuously updating processes and methodologies for core credit products to ensure they remain client attractive and market focused, coordinating with the Business Development Department to incorporate research findings as needed, o Identifying staffing needs and actively participating in the recruitment process for credit staff
Building credit staff competency, providing coaching, designing courses and conducting training where required.
Working directly with staff in order to ensure strong quality of credit operations, and implementation of credit policies and procedures, o Participating in the evaluation process credit officers.

(ii) Qualifications and Experience
Bachelor’s degree in Business Administration or related fields, MBA/ MA Economics. Housing microfinance qualification is an added advantage
5 years of relevant experience, in banking/microfinance and credit (retail development focused)
Strong credit analysis skills and experience
Experienced in development of credit growth strategies, policies and procedures at a senior level in similar environments o Exposure to microfinance desired; experience with group lending is beneficial
Proficiency with Microsoft Excel,Word, and Power Point (lii) Critical Competencies:
Strategy Development – Develops strategic outreach and growth plans; Coordinates strategies; Communicates changes and progress; Completes strategic planning process on time and within budget Manages team activities
Teamwork – Balances team and individual responsibilities; Contributes to building a positive team spirit Able to build morale and group commitments to goals and objectives.
Managing People – Makes self-available to staff; Provides regular performance feedback; Develops subordinates’ skills and encourages growth; Fosters quality focus in others; Improves processes, products and services; continually works to improve supervisory skills, o Business Acumen – Understands business implications of decisions; Displays orientation to profitability; Demonstrates knowledge of market and competition; Aligns work with strategic goals. Understands the need of housing finance and housing value chain o Innovation – Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work; Develops innovative approaches and ideas; Presents ideas and information in a manner that gets others’ attention.

MODE OF APPLICATION

Click “APPLY FOR JOB” button above to apply for this job.

OR

Interested candidates should send their applications to the undersigned by 5th December, 2019:
The Microfinance Consultant,
Makazi Bora Finance Limited,
P.O. Box 31451,
Dar Es Salaam.

About Makazi Bora Finance Limited (MBFL)

Makazi Bora Finance Limited (MBFL) is a microfinance company registered under Companies Act, 2002 (Reg. No. 139725735) with objective of provision of housing and microenterprise financing to low and middle income communi­ties in order to improve communities’ living standards.The company has taken over the housing microfinance services that were operated by Habitat for Humanity Tanzania (HFHT), the organization that was very active in housing microfinance in the country.

In order to strengthen operations in the provision of housing and microenter­prise financing, the company is intending to acquire a very competent manage­ment team to oversee day-to-day operations.