Credit Analyst at Letshego Faidika Bank Plc

Letshego Bank (T) Limited

Jobs in Tanzania 2024: New Job Vacancies at Letshego Bank (T) Limited, 2024

Credit Analyst at Letshego Faidika Bank Plc August 2024

Letshego Faidika Bank is looking for a suitable candidate for the position of:
Job Title: Credit Analyst
Reports To: Credit Manager
Purpose of the Job:
Coordinate/
liaises with: clients, local administration, community and market
leaders, MFIs in area of operation and other LFB staff.
Business
appraisal and assessment visits( ensure only clients who meet the basic
minimum loan requirements, of good character and with ability to pay,
are funded), customer care, loans processing, credit delivery and
recovery as well as ensuring 100% repayment rate on all loans delivered.

Key Accountabilities:

• Provide Professional assistance to clients on business plans, business
  analysis, loan application forms and other necessary credit delivery
  documents.
• Facilitate Marketing and recruitment of viable customers that meet the different products eligibility criteria.
• Makes appraisal visits to clients in their business. No loan is disbursed without business visit.
• Answers
  client questions and helps them complete loan applications and business
  plans and ensures all necessary loan-processing documents are verified
  and attached as will be required of the loan documentation process.
• Processes
  loan applications by verifying necessary information and makes
  recommendation OF ONLY THE BEST CLIENTS to the Regional manager and the
  loan approval committee.
• Informs loan applicants of the decisions of the loan committee without any delay.
• Ensures
  all loan documentation for approved loans including repayment schedule,
  loan agreement and promissory notes are made and delivered to clients.
• Regularly tracks upcoming payments and reminds the clients on the repayment.
• Periodically
  visits businesses to assist clients with technical advice, answer
  questions and verify the economic standing of the enterprise. You should
  know all the businesses of your clients and their trends that may
  impact on the loan repayments and communicate the same to the Regional
  Manager timely.
• Undertakes clients’ orientation sessions and workshops as necessary.
• Through field contact undertake program marketing and encourage new potential clients to seek LFB financial services.
• Ensure that all policies and procedures governing LFB MSE products and financial services are adhered to.
• Ensure
  correct documentation and filing of the appropriate loans processing
  documentation, ensure all files have requisite signatures.
• Ensure that reports are made on time and targets set are met.
• Perform
  any other related duty as may be assigned by the Supervisor and or
  his/her assignee. Thinking Requirements and Working Complexity:
• Good knowledge of the target community and excellence communication and presentation skills is needed.
• Good judgment and decision-making ability.

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Knowledge and Experience Required of Job Holder:

• University Graduate from a recognized and well-established University.
• A
  minimum of 5 years continuous relevant experience, with at least 1-year
  senior Executive level preferable from financial institution.
• Jobholders should seek to gain knowledge in Macro and Micro planning time horizon to prioritise activity.
• Proven team player with the ability to work in fast-paced environment.
• Ability to build relationships with the internal and external stakeholders.
• Strong communication skills, both verbal and written.
• Excellent leadership and organisational skills.
• Highly computer literate in excel, word power point etc.

FOR SUBMISSION OF YOUR APPLICATION
Interested
and qualified applicants are requested to submit their application
attaching current CV and a cover letter explaining why you are the best
fit for the position by or before 23rd August 2024 through the email TZ.Human.Resources@letshego.co.tz
Go to our Homepage To Get Relevant Information.
Disclaimers:
This advert is not an in-depth list of all duties and responsibilities
associated with the position. Only short-listed candidates will be
contacted.