Debt Credit Analyst at NBC Bank

Debt Credit Analyst at NBC Bank

Location: Tanzania
Job Type: Full Time
Posted: January 11, 2024
Category: Banking Jobs

Job Overview

NBC Bank, the oldest serving bank in Tanzania, is looking for a qualified Debt Credit Analyst to join their team. As a Debt and Credit Analyst, you will play a crucial role in overseeing credit applications, ensuring compliance with policies and regulations, and developing credit solutions for clients.

Job Description

Responsibilities:

Understanding the Credit/Solutions development:

• Origination and execution across a diverse range of product areas within debt and credit analysis.
• Work as a product specialist directly with clients to create and deliver financing solutions.
• Develop a strong understanding of market fundamentals and contribute to financing strategies.
• Design presentations for clients outlining solutions to their financing needs.
• Collaborate with Investment Banking teams on client coverage and origination.

Credit Application Processes:

• Prepare credit applications for recommendations to the sanctions.
• Assess the credit risk profile of the corporate portfolio.
• Structure credit solutions for clients, ensuring product appropriateness.
• Provide technical support to the team, improving the quality of credit submissions.
• Supervise the credit analysis team on monitoring risk triggers, covenants, and other credit conditions.
• Take remedial actions for deteriorating exposure identified during the review process.
• Liaise directly with the sanctioning office for credits outside local risk management.

Portfolio Management – Monitoring and Control:

• Manage financial information produced by customers.
• Oversee the end-to-end process for risk reports, challenging relationship managers when needed.
• Monitor and control portfolio quality using sanction triggers.
• Discuss deteriorating trends and trigger events with sanctioners, advising the Relationship Manager.

Teamwork:

• Support Team leaders in delivering effective performance development for individuals.
• Drive proactive application of guiding principles and coach colleagues within the Team.

Competencies:

• Analytical and numerate.
• Communication and presentation skills.
• IT skills (Excel Advance Stage).
• Negotiation skills.
• Interpersonal skills.

Experiences & Qualifications:

• Proven experience in debt structuring and financial analysis at the junior management level.
• Excellent understanding of credit and associated risks.
• Experienced user of CCRS or a similar system for credit analysis.
• Accreditation on the use of CCRS is an added advantage.
• Knowledge of debt structuring and analysis.
• Detailed knowledge of credit techniques.
• Awareness of legislation affecting the Bank and customers with a high regard for confidentiality.

Qualifications:

• Bachelor’s Degrees and Advanced Diplomas in Business, Commerce, and Management Studies.
• Experience in a similar environment at the junior specialist level.
• Digital familiarity.
• Openness to change.
• Reasoning skills.

How to Apply:

Interested candidates can apply online.

CLICK HERE TO APPLY

Please write in English language.