Vacancy title:
Senior Credit Analyst
Employment type: Full time, Industry: Banking, Category: Accounting & Finance, Agribusiness, Banking, Business Operations, Finance
Jobs at:
NMB Bank
Deadline of this Job:
Tuesday, November 3 2026
Duty Station:
Dar es Salaam | Dar es Salaam
Summary
Date Posted: Wednesday, October 21 2026, Base Salary: Not Disclosed
JOB DETAILS:
Job Description
Timely and quality assessment of proposals for credit facilities (new and/or existing) based on sound credit & financial principles with the view of providing expert opinion to the approving authorities for them make informed decision /judgement.
Main Responsibilities:
- Provide direct (specialist/ professional) credit assessment and evaluation to whether a credit proposal meets criteria and counter-party credit risk falls within acceptable parameters, and independently recommend appropriate credit proposal including terms or conditions where necessary to ring fence exposure in the following but not limited to staff loans, Wholesale, Mortgage loans, MSME, Consumer, Agribusiness, structured Trade facilities.
- Attend and present papers to Retail Credit Committee and Wholesale Credit Committee meetings.
- Prepare and present various credit reports as will be required to various committees.
- Interrogate information obtained to gain a thorough understanding of business parameters, which creates profit/value as well as the associated risks.
- Identify, quantify, and evaluate sources of risks of credit portfolio or individual client and where possible, provide mitigations.
- Provide technical support to other Credit Analysts / Officers, Relationship Officers (ROs)/Relationship Managers (RMs) including coaching to improve quality of the credit proposals recommended for approval.
- Appropriately structure a deal in line with the purpose and cash inflows.
- Review applications reviewed by Credit Analysts before submission for approvals.
- Adhere to agreed TAT and CREDCO (Retail and Wholesale) calendars without necessarily compromising with quality of the credit proposals / decisions.
- Attend CREDCO meetings (Wholesale and Retail) held on a weekly basis and provide sound Credit & financial principles opinions to approving authorities for final decision.
- Attend other Credit related meetings from Zones and other business units
- Review credit policy and related manuals and update where necessary.
- Be able to defend own judgement in a manner which does not negatively affect the business relationship.
- Utilize industry and market information available to identify and understand contextual threats to existing and potential clients.
- Build a smooth working relationship with business counterparty at Head Office and branches to improve quality of business proposals and turnaround time on credit evaluations.
- Detect and evaluate shifts or changes in key risk parameters in a business relationship or industry and evaluate the implications of such changes on continued business dealings.
- Work closely with the Credit Risk department members to comply with Risk and Control Assessment (RCA) testing and other quarterly reviews as per BOT requirements.
- Take and/or recommend remedial /appropriate actions for deteriorating exposure identified during review process;
- Mentor, guide and monitor Credit Analysts for timely and quality assessments and evaluation of propositions submitted (new/existing)
- Keep track records of all incoming and outgoing credit applications/memos etc.
- Respond to all audit and BoT queries when need be.
Knowledge and Skills:
- Business understanding of various industry sectors Government/ Parastatals, manufacturing, wholesale, Agribusiness, and retail.
- Ability to defend own judgement in a manner which does not negatively affect business relationships.
- Excellent understanding of credit and associated risks.
- Proven interpersonal skills in a Business or Credit environment.
- Knowledge of Bank Credit Products
- Detailed knowledge of credit analysis techniques
- Proven interpersonal skills in a Business or Credit environment
- Analytical and numerate
- Communications and presentation skills
- Negotiation skills
Qualifications and Experience:
- Bachelor's degree in Commerce, Economics, Finance, Business or related fields.
- At least 4 years' work experience in credit analysis for both corporate and SME credit applications including but not limited to Agri, trade finance, project financing etc.
Work Hours: 8
Experience in Months: 48
Level of Education: bachelor degree
Job application procedure
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