Credit Analyst – NMB Bank

Employer: NMB Bank Plc
Position: Credit Analyst
Number of Positions: 1
Location: Head Office, Dar es Salaam
Job Type: Full-time
Posted: 18 August 2026
Opening Date: 18 August 2026
Closing Date: 1 September 2026

Job Purpose

The Credit Analyst will ensure timely and high-quality assessment of new and existing credit facility proposals using sound credit and financial principles, while minimizing credit risk to the bank.

Key Responsibilities

• Assess and evaluate new and existing credit facility requests in accordance with credit policies and financial principles.
• Provide specialist credit assessments to determine whether proposals meet established criteria.
• Assess counterparty credit risk and recommend appropriate credit facilities, terms, and conditions.
• Review financial and business information to understand clients’ business models, profitability, value creation, and associated risks.
• Independently defend credit judgments without negatively affecting business relationships.
• Use industry and market information to identify potential threats affecting existing and prospective clients.
• Build effective working relationships with business counterparts to improve the quality of credit proposals and turnaround times.
• Share responsibility for credit decisions and recommendations.
• Recommend appropriate remedial actions where deteriorating credit exposures are identified.
• Adhere to Service Level Agreements (SLAs) without compromising the quality of credit assessments.

Required Knowledge & Skills

Candidates should have:

• Understanding of lending across sectors such as:
  • Mining
  • Tourism
  • Agriculture
  • Other relevant industries
• Knowledge of sector-specific regulations.
• Strong understanding of credit and associated risks.
• Strong interpersonal skills within a business or credit environment.
• Knowledge of banking credit products.
• Detailed knowledge of credit analysis techniques.
• Strong analytical and numerical abilities.
• Excellent communication and presentation skills.
• Negotiation skills.

Qualifications & Experience

Academic Qualifications

• Bachelor’s degree in:
  • Commerce
  • Economics
  • Finance
  • Business
  • Related field
• A Master’s degree in Business Studies is an added advantage.
• Banking certification(s) are an added advantage.

Experience

• At least 3 years of proven experience in a Credit role within the banking sector.
• Previous banking experience in MSE and SME lending is an added advantage.

Key Candidate Profile

The ideal candidate should have strong expertise in credit analysis, financial assessment, lending, credit risk evaluation, and banking products. Experience working with MSE/SME borrowers would provide an additional advantage.

This is not primarily an entry-level position because NMB specifically requires 3 years of credit experience within banking.

Application Information

NMB Bank is an Equal Opportunity Employer and encourages applications from women and people living with disabilities.

Important: NMB Bank does not charge any fee during the application or recruitment process. Applicants should disregard any request for payment.

Deadline: 1 September 2026