Credit Officer for Group Lending (1 position) - Tanzania Postal Bank (TPB)

Tanzania Postal Bank (TPB) seeks to appoint dedicated, self-motivated and highly organized Credit Officer for Group Lending (1 position), to join the Retail and Business Banking team. 

The work station is Dar es Salaam.

R eporting Line: Branch Manager (BM) or Branch Operations Manager (BOM)
Locations: Ubungo Branch

Work Schedule: As per TPB Staff regulations
Division: Branches
Salary: Commensurate to the Job Advertised

Essential Duties and Responsibilities:

·         A portfolio at Risk (PAR) above one day rate not exceeding 2% at all times.

·         A portfolio outstanding of at least TZsh. 100 million.

·         At least 340 active clients;

1. Achieve and maintain the following monthly performance targets:
2. Participate in the recovery of written off loans in accordance with TPB’s loan
recovery guidelines.
3. Active mobilization, sensitization, formation and recruitment of economically active
members into the groups as well as promoting a saving culture and savings
mobilization in the groups.
4. Ensure timely loan repayments and security deposit collections in all groups. 5. Ensure that all clients’ loan repayments are accurately posted in the loan tracking
system.
6. Ensure weekly/biweekly/monthly attendance of meetings by all group members
through training and maintenance of attendance registers.

7. Ensure accurate and timely filing of all Group Loan documentation.
8. Ensure effective monitoring of loans through regular visits to clients and manage
delinquency alarm signals by following up on problem clients.

Tanzania Postal Bank is an established Bank by the Act No. 11 of 1991 as
amended by Act No. 11 of 1992. TPB is a Bank that provides competitive
financial services to our customers and creates value for our stakeholders
through innovative products.

TPB is a Bank, whose vision is “to be the leading bank in Tanzania in the
provision of affordable, accessible and convenient financial services”. As part
of effective organizational development and management of its human capital
in an effective way, TPB commits itself towards attaining, retaining and
developing the highly capable and qualified workforce for TPB betterment and
the Nation at large.

9. Generate and instill solidarity group pressure in each group as the basis of
Co-guarantor ship. 10. Liaise with the Credit Supervisor to ensure speedy payment of claims in event of death
calamities.
11. Ensure that all the loan repayment collections are deposited to TPB’s bank account by
the group officials within 12 hours.
12. Ensure that all groups are constantly full through continuous mobilization and timely
replacement of exited clients.
13. Cross sell other TPB’s products and services.

 To serve customer effectively

14. Attend any other duties as may be assigned by the Credit Supervisor.

KEY DUTIES:

·          Coordinate all counter activities while ensuring that quality service is provided to customers

·         Posting transactions

CONTRIBUTES TO

· Efficient and Quality Service to Customers

 · Customer – Service Delivery/Inquiries

KEY PERFORMANCE INDICATORS

 · Customer Satisfaction

· Individual Productivity and Turnaround time
 · Accuracy of Transactions Postings

· Minimum Cash Differences

EXPERIENCE AND KNOW LEDGE REQUIRED:

Education:
Bachelor’s degree/Advanced Diploma in Banking, Economics, Commerce, Business
Administration, Finance, Accounting from any recognized University or equivalent
qualification.

Experience: - At least 1 - 3 years of relevant Banking Experience
- Working knowledge of Equinox Functionality
- Computer literate is desirable.

Performance Measures

(i) Ensure quality services to customers
(ii) Collection of all commissions, fees and charges at 100%
(iii) Increase of transactions and Deposit values as per strategic plan
(iv) Daily days work balanced, verified and signed
(v) Ensure adherence to TPB core values
(vi) Reconcile all accounts and prepare required reports
(vii) Compliance with service delivery standard

The position will attract a competitive salary package, which include benefits. Applicants are invited to submit their resume (indicating the position title in the subject heading) via e-mail to:
recruitment@postalbank.co.tz. Applications via other methods will not be considered.
Applicants need to submit only the Curriculum Vitae (CV) and the letter of applications
starting the job advertised and the location. Other credentials will have to be submitted
during the interview for authentic check and other administrative measures and should not
in any way be attached during application.

Avoid scams : NEVER pay to have your CV / Application pushed forward.
Any job vacancy requesting payment for any reason is a SCAM. If you are requested to make a payment for any reason, please call +255 22 2110621-2 to report the scam. You also don’t need to know one in TPB to be employed. TPB is merit based institution and to achieve this vision, it always go for the best. Tanzania Postal Bank is an Equal Opportunity Employer and is very committed to environmental, health and safety Management.

Tanzania Postal Bank has a strong commitment to environmental, health and safety management.
Late applications will not be considered. Short listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment and reference checking.