Credit Risk Manager

About the role

Equity Bank Tanzania is hiring a Credit Risk Manager (regular, day shift) to maximize the bank's risk-adjusted returns by keeping credit risk exposure within acceptable limits. The role covers independent identification, measurement and communication of the branch's credit risk profile, monitoring of credit risk controls, periodic reviews of credit activities and recommendations for improvement.

Key responsibilities

• Credit risk oversight: identify, measure and report significant risks, losses and the effectiveness of mitigation actions; monitor policy compliance and recommend corrective measures.
• Credit facility management: appraise facilities across Personal, Business and Corporate Banking, ensure data integrity, manage queries and keep high-quality documentation.
• Participate in credit committee reviews of potential transactions, applying tools and models and proposing mitigants.
• Analyse delinquent accounts, prepare risk reports, support remediation (negotiations, recovery actions, legal coordination) and run portfolio reviews.
• Custody of security vaults and credit documentation, including archival, retrieval, registers and insurance renewals.
• Conduct periodic stress tests and portfolio impact assessments and advise senior management.
• Advise on credit risk policies, prepare reports for senior management and the board, and collect fees, commissions and charges accurately.
• Work with Credit Department functions and recovery units, and represent the branch in internal and external meetings.

Required profile

• Bachelor's degree or equivalent in Finance, Banking, Accounting, Economics or Business Administration.
• 3-5 years of banking experience, including at least 2 years in credit analysis, credit risk or lending relationship management.
• Experience in credit appraisal, financial analysis, SME and corporate lending, loan structuring, credit monitoring and portfolio management.
• Background roles such as Credit Analyst, Relationship Manager (Corporate/SME), Credit Officer or Risk Analyst.

Required skills

• Credit analysis, financial statement and cash flow analysis, risk assessment and loan documentation review.
• Strong knowledge of central bank prudential regulations (e.g. Bank of Tanzania guidelines), credit risk frameworks, loan classification and provisioning rules, and AML/KYC requirements.
• Credit committee presentations, problem loan management and decision-making under risk.