Employment Opportunities - Tanzania Postal Bank (TPB)

TEMPORARY CREDIT CLERK ( 1 POSITION)

Tanzania Postal Bank (TPB) seeks to appoint dedicated, self motivated and highly organized temporary Credit Clerk (1 position) to join the Retail and Business Banking Directorate for three months.

Reporting Line: Credit/Relationship Officer /Branch Manager/Assistant Branch Manager

Location: Sengerema Min Branch

Work Schedule: As per TPB Staff regulations

Division: Credit

Salary: Commensurate to the Job Advertised

POSITION OBJECTIVE

To assist the Branch Manager and Credit/Relationship Officers in acquiring of profitable new

customers for the loans segment through the acquisition, development and maintenance of high quality advisory relationships, that includes effective consultative personal selling and creative structuring of financial solutions.

To assist the Branch Manager and Credit/Relationship Officer in liaising with centralized employers for matters related to personal loans.

Essential Duties and Responsibilities:-

To record all inward and outward mails/loan application forms from employers, and dispatch loan application forms to employers for guarantees.

To scrutinise loan applications and ensure that all pre-disbursement conditions are fulfilled before sent to superiors for approvals.

To maintain borrowers’ files brought to Head office for approvalsTo maintain system database for all approved loans at branches, advise the respective branches via reliable approved means of communication and maintain records of the respective approvals for reference and audit trail.

To assist the Branch Manager and Credit/Relationship officers in liaising with centralized employers for prompt follow up of due installment deductions from employers.

To assist branches in follow up with employers for collection of cheques and establishment of reasons for non-repayment.

To attend any other duties as may be assigned by your superiors

Education:

Holders of Diploma or above in Economics/Commerce/Finance/ Business administration/ community Development or TIOB/CIB Associate ship Certificate or equivalent qualifications.

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.

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.

Please forward your applications before 21st November 2016.

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MANAGER CREDIT ADMINISTRATION (1 POSITION)

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

The work station is Dar es Salaam.

Reporting Line: Chief Manager MIS and Training

Locations: Head Office

Work Schedule: As per TPB Staff regulations

Division: MIS & Training

Salary: Commensurate to the Job Advertised

Position Objective

1. Handle a team in managing the daily administration for loan administration and documentation in full compliance with the internal standards and external regulatory requirements.

2. Review loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration duties.

3. Review daily system credit monitoring and management of reports;

KEY ROLES AND SPECIALIZATION

 Six sigma approach towards process continuity and reductions in risk

 Process mapping development with focus in business planning, evaluation and efficiency

management of the portfolios.  Knowledge in support of New Business Development and Risk Analysis

 Knowledge in applying Six tools for continuous Improvement Plans using DMAIC(define

Measure Analysis Improvement and Control)  Experience in Leading Cross-function projections

 Knowledge in Advanced Excel and Access

 Knowledge in Oracle/Sybase system for data mining and integration

DUTIES AND RESPONSIBILITIES

1. Handle a team in managing the daily administration for loan documentation in full compliance with the internal standards and external regulatory requirements.

2. Review loan documents and liaise with internal and external parties to ensure proper and efficient delivery of credit administration duties

3. Review daily system credit monitoring and management reports:-

 Identify non performing accounts with irregularities and proactively follow-up to ensure corrective action taken in line with credit policy

 Identify first payment defaulters proactively follow-up to ensure corrective action taken

 Administer portfolios on loan disbursement report on daily basis

 Checking indemnity premiums movements

 Checking correctness of interest revenue movements in the system

 Checking of movement on recovery from charged off accounts

 Preparing deduction and approval

 Management of Audit queries from Branches and compilation of management replies to the Management

 Maintained corporate policies in the customer credit and initial collection cycles.

 Linking operative account with loan if correctly captures

 Checking employers code if entered correctly in the system.

 Administer Branch and Min Branches daily input data and reports

4. Generate, review and maintain daily loan disbursement reports for presentation to credit other users, and provide weekly and monthly reports on the same, in accordance to the credit policy and guidelines.

5. Ensure all lending documentations is complete as per the banks’ policy and procedures with respect to amount of loans, terms and conditions, borrower’s borrowing mandate, authorized signatory etc.

6. Ensure compliance with the internal policy, credit approval terms and conditions regulatory ratio / policies before approving any new loans request.

7. Responsible for system collateral valuation, collateral monitoring and collateral reconciliation with original documents to ensure compliance of coverage ratio.

8. Ensuring post disbursement compliance with approved terms and conditions, assignment of rights, review expiry of credits, progress payment insurance.

9. Monitor all irregularities on past dues, documentation deficiencies, etc., and report to Senior Management

10. Administer reconciliation of all General ledger (G/L accounts) vs Subsidiary ledgers (SL) on weekly basis;

 Interest rate

 Indemnity

 Portfolio Position

 All suspense accounts

11. Facilitation to enhance service delivery

 Make sure officers have all the necessary documents and facilities for their daily activities

e.g necessary manual, forms and stationary related to the banks’ loan portfolios

 To support TAT to Branch and Mini Branch officers and Head Office team for all bank

products, and updating TAT tracker on daily basis

.

EXPERIENCE AND KNOWLEDGE REQUIRED

Education and experience:

Bachelor’s degree in either of the following specialty:-

 Banks and Social Security Administration,

 Statistics and Business Finance

 Economics and Business finance

 Actuarial and financial analyst

 Any related field with two years experience in Business and Banking industry

 Experience on Equinox or any other reputable core banking system also may be added

advantage.

 High level of integrity.

 Must be keen on details.

 Excellent communication and report writing skills.

 Ability to work under pressure and minimal supervision.

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.