Credit Risk Manager at Serene Microfinance Limited

Credit Risk Manager

Credit Risk Manager at Serene Microfinance Limited November 2024

Serene Microfinance Limited
has been a growing and expanding company since its establishment in
providing financial solutions to many individuals and corporates. Serene
Microfinance Ltd exceptionally stands as good example due to the unique
contribution in reaching many categories of customers in Tanzania with
micro-loans whose operations are in many parts of Dar es Salaam City and
the nearby
Regions.

In an effort to stream line operations, Serene Microfinance LTD seeks to
recruit qualified credit Risk Manager to assist on Credit Risk Matters
by ensuring quality loan portfolio and bringing profits for the
company.

Responsibilities

• Credit
  risk Managers are responsible for managing the risks that arise from
  lending Money to Serene Customers, analyze the creditworthiness of
  potential borrowers and decide whether or not to extend those loans.
• Credit
  risk Manager also is responsible for monitor existing loans to ensure
  that borrowers continue to meet their obligations under these
  agreements.

Required Skills

• Credit risk manager need to have a strong understanding of financial concepts and practices
• Need
  to be able to read and interpret financial statements, understand the
  implications of different financial strategies and make informed
  decisions about financial matters.

Communication skills: 

• Credit
  risk Manager needs to know how to communicate with a variety of
  individuals and groups, including other members of a company’s
  leadership team, employees, customers, suppliers and regulators.

Risk management skills: 

• The
  ability to identify potential risks and develop strategies to mitigate
  them. As a Credit risk Manager, you may be responsible for developing
  and implementing a Company’s risk management strategy