2 New Jobs at NMB Bank Plc July 2024

NMB Bank Plc

Jobs in Tanzania 2024: New Job Vacancies at NMB Bank Plc 2024

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NMB Bank Plc Jobs 2024

Analyst; Client Origination (2 Position(s))
2 New Job Vacancies at NMB Bank Plc July 2024
Job Location : Head Office
Job Purpose:
To
evaluate counter-party credit risks associated with Wholesale Banking
lending at the client interface, with the primary objective to contain
credit risk within acceptable parameters, as well as develop and
maintain close relationships with all departments and borrowers on
broader lending, Structured Trade finance and portfolio monitoring
across Wholesale Banking customers.

Main Responsibilities:
Strategic Focus

• Provision
  of direct (specialist/ professional) credit evaluation services at the
  customer interface and apprise client application timely within short
  Turn Around time.
• Participate fully in the syndication and co-financing process.
• Identify credit and risk management requirements at the source of the deal negotiation/ business proposal.
• Utilize industry risk analysis available to identify and understand contextual threats to existing and potential clients.
• Prepare Business Engagement Request and present to Credit and CREDCO for an appetite test.
• Conduct
  credit evaluation interviews during deal negotiation to obtain enough
  and appropriate information to evaluate business risks and deal
  viability, from a credit risk perspective.
• Decline non-viable
  deals at source, however, work in partnership with Senior Analyst, Head,
  Wholesale Client Origination, Relationship Managers, and clients to
  identify alternatives that could bring deals/ proposals within risk
  acceptable parameters relative to profitability.
• Present and
  defend own judgement and senior credit evaluations to clients in a
  manner which does not negatively affect the business relationship.
• Identify,
  quantify, and evaluate sources of risk in relation to profitability of
  business proposal and financial viability of the corporation,
  interrogates information obtained to gain a thorough understanding of
  business parameters which create profit/ value as well as the associated
  risks.
• Support other teams in the department to develop high
  quality credit solutions to customers and recommend appropriate
  facilities in line with risk evaluation with the view of obtaining fast
  credit approval from credit decision maker.
• Evaluate whether
  proposals meet sound business criteria and counter-party credit risk
  falls within acceptable parameters, and recommends appropriate business
  credit facilities, including terms or conditions of facilities.
• Accurate use of Risk Grading and Risk Based Pricing tools during credit appraisal for proper decision.
• Present and defend credit proposals to Credit and CREDCO for their support.
• Build
  relationship with Analyst, Senior Analyst, Relationship Managers and
  Senior Managers to improve quality of business proposals and turnaround
  time on credit origination and portfolio monitoring.
• Operations Focus
• Propose
  appropriate financial and non-financial covenants at the facility
  origination and monitor covenants post credit facility disbursement.
• Share joint credit responsibility for business.
• Understand the implications of substandard delivery to colleagues and the entire bank.
• Ensure 100 availability of the services to the Wholesale Banking team.
• Monitor and Control quality of portfolio using ‘Condition of Sanction’ triggers where possible.
• Discuss
  with credit sanctioners and credit administration deteriorating trends
  and trigger events if they give cause for concern and advise the
  Relationship Manager simultaneously.
• Plan and implement annual credit reviews for the individual borrower and portfolio.
• Monitor
  daily referrals to ensure that clients facilities are managed within
  the parameters set by credit exercising discretion regarding account
  conduct based on a close knowledge and understanding of client
  activities.
• Proactively and timely process credit applications
  for existing facilities ensuring consistent, thorough, and timely
  submission within agreed bank Turn Around Time.
• Monitor the
  utilization in excess or arrears of credit facilities and assists
  Relationship Managers in managing the risk exposure.
• Review the
  correctness of data and information obtained including financials, Risk
  Based Pricing and Risk Grading tools calculations.
• Ensure full compliance to legal and regulatory requirements and internal limits

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Knowledge and Skills:

• Knowledge of the key areas in Wholesale Banking.
• Understanding of key financial indicators and use financial analysis to evaluate strategic options and opportunities.
• Robust credit knowledge
• Strong
  ability to influence, build and /or initiate effective relationships
  and credibility with others (colleagues, stakeholders, and customers)
• Ability to identify, clarify/define and work through challenges towards a defined outcome.
• Advanced negotiation skills
• Reflect high levels of accuracy and attention to detail.
• Ability to think in terms of integrated solutions; Logical, rational and shows sound judgement.
• Excellent
  communication skills, both verbally and writing with the ability to
  listen actively and with interest and interrogate and interpret
  information effectively.
• Ability to influence across the organization effectively and strategically.

Job opening date : 05-Jul-2024
Job closing date : 19-Jul-2024

NMB
Bank Plc is an Equal Opportunity Employer. We are committed to creating
a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

NMB
Bank Plc does not charge any fee in connection with the application or
recruitment process. Should you receive a solicitation for the payment
of a fee, please disregard it.
Only shortlisted candidates will be contacted
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.