Website NBC Bank
NBC Bank
Credit Analyst – NBC Bank
Job Title: Credit Analyst
Organization: NBC Bank
Job Type: Full-Time
Location: Tanzania
Application Deadline: August 2026
About NBC Bank
NBC Bank is one of Tanzania’s oldest and leading financial institutions, with over five decades of experience providing retail, business, corporate, and investment banking services, including wealth management products.
Job Summary
The Credit Analyst will be responsible for evaluating and analyzing credit applications from individual and business clients to determine creditworthiness, assess risks, and ensure compliance with the bank’s credit policies and regulatory requirements.
The role involves reviewing financial documents, conducting due diligence, making credit recommendations, supporting loan restructuring processes, preparing offer letters, and maintaining effective communication with clients and internal stakeholders.
Key Responsibilities
1. Credit Application Evaluation and Analysis (60%)
- Assess credit applications from individual and business customers.
- Analyze financial statements, credit histories, and supporting documents to determine creditworthiness.
- Identify potential risks, including fraud risks, by verifying customer information, signatures, and documentation.
- Ensure credit assessments are completed within agreed service timelines (SLAs).
- Ensure all credit decisions comply with approved Retail Credit Policies and procedures.
- Approve loan applications within the delegated authority provided by the Head of Retail Credit.
- Conduct credit reference checks and customer due diligence before processing applications.
- Verify employer information for loan applicants.
- Monitor credit trends and improve risk assessment approaches.
- Ensure applications from suspended branches or customers are not processed.
- Coordinate with relevant teams including Legal, Treasury, Security Management Unit (SMU), and branch teams on secured lending processes.
2. Offer Letters and Client Communication (15%)
- Prepare and issue loan offer letters for approved facilities.
- Provide timely feedback to customers through branch networks.
- Ensure secured loans complete collateral requirements before approval recommendations.
- Verify loan security documentation including:
- Land rent documents
- Property valuation reports
- Insurance documents
- Title deeds
- Mortgage documentation
- Support smooth customer onboarding after loan approval.
3. Analysis of Customer Requests (5%)
- Review loan restructuring requests and other financial product requests.
- Conduct risk assessments for restructured loans.
- Ensure compliance with regulatory requirements and internal credit policies.
- Evaluate the impact of restructuring decisions on portfolio performance.
4. People Management and Team Support (5%)
- Collaborate with credit teams and branch staff.
- Support professional development and knowledge sharing among colleagues.
- Participate in job rotations and support other Retail Credit functions when required.
- Conduct training sessions to improve team capabilities.
5. Compliance and Risk Management (10%)
- Ensure credit decisions comply with NBC policies and regulatory requirements.
- Stay updated on changes in banking regulations.
- Support internal audits and implementation of corrective actions.
- Maintain strong risk management practices to minimize compliance issues.
Additional Responsibilities
- Perform other duties assigned by management.
- Demonstrate flexibility, willingness to learn, and ability to complete tasks within required timelines.
Education and Experience Requirements
Required Qualifications:
- Bachelor’s Degree or Advanced Diploma in:
- Finance
- Banking
- Business Administration
- Commerce or related fields
Experience:
- Minimum of 2 years’ experience in a related credit, banking, or financial services role.
Required Knowledge and Skills
- Strong interpersonal skills.
- Ability to work under pressure.
- Excellent analytical skills.
- Strong communication skills.
- Good knowledge of Microsoft Office applications.
- Credit risk assessment skills.
Competencies
- Credit Risk Management
- Financial Analysis
- Digital Familiarity
- Reasoning and Decision Making
- Adaptability to Change
- Experience working in a banking environment
How to Apply
Interested candidates should submit their applications through the official NBC Bank recruitment portal using the application link provided in the original vacancy announcement.
Application Deadline: August 2026
Note: Applicants should carefully review the job requirements and ensure their qualifications and experience match the position before applying.
To apply for this job please visit absa.wd3.myworkdayjobs.com.