Head of Credit at Uchumi Commercial Bank Limited

The Head of Credit is responsible for providing strategic leadership and overall oversight of the Bank’s credit function. This role entails managing all aspects of lending operations, credit risk management, supporting the Bank’s overall strategy, and contributing to sustainable portfolio growth, effective risk management, and profitability.

The Head of Credit is a member of Management Committees and thus participates in decision making through such committee meetings and ensures continuous capacity building within the credit function through training in best-practice credit analysis, credit management, and emerging data analytics trends.

1. Support the Bank in achieving its overall business strategy objectives by maximizing loan profitability within the defined credit risk appetite, with particular focus on Portfolio at Risk (PAR) and Non-Performing Loans (NPLs).
2. Develop, implement, and monitor compliance with credit policies, procedures, and practices in line with the Bank’s risk appetite and strategic objectives.
3. Supervise, coach, and provide leadership to teams responsible for:
   • Credit analysis and credit quality assurance
   • Credit administration, including loan documentation and collateral management
   • Credit monitoring, collections, and centralized loan disbursement
   • Special Assets Management
4. Participate actively in strategic planning, credit policy formulation, and credit quality management initiatives.
5. Oversee compliance with all Bank of Tanzania (BoT) regulations and prudential guidelines related to credit.
6. Prepare and submit accurate and timely reports to the Board, Board Committees, Executive Management, and regulatory authorities as required.
7. Collaborate with Business Units, Compliance & Risk, Legal and Corporate Affairs, and Human Resources to ensure effective training and education on lending rules, policies, and regulations.
8. Provide oversight of the recovery function to ensure collections and recovery processes are effective and aligned with the Bank’s objectives.
9. Maintain an appropriate balance between risk mitigation and commercial banking objectives.
10. Conduct periodic self-assessments of credit risks and internal controls.
11. Perform any other duties as may be assigned by the Chief Executive Officer or the Board of Directors.

Interested candidates are invited to submit their applications to: hr@uchumibank.co.tz