Credit Risk Manager Job Vacancy at Equity Bank Tanzania Ltd – November 2026

Employer: Equity Bank Tanzania Ltd
Job Title: Credit Risk Manager
Job Reference: 2600017P
Location: Tanzania
Employment Type: Regular
Job Level: Manager
Work Schedule: Day Job
Date Posted: 5 November 2026
Application Deadline: Not specified in the provided advertisement.

Job Purpose

The Credit Risk Manager will maximize the bank’s risk-adjusted returns by ensuring that credit risk exposure remains within acceptable parameters.

The role involves independently identifying, measuring and communicating the branch’s credit risk profile, monitoring and reporting on the effectiveness of credit risk controls, conducting periodic reviews of credit-related activities, and recommending improvements where necessary.

Main Duties and Responsibilities

1. Credit Risk Oversight

• Identify, measure and report significant risks, losses and the effectiveness of mitigation actions.

• Monitor compliance with credit policies and recommend corrective measures where necessary.

2. Credit Facility Management

• Appraise credit facilities across Personal, Business and Corporate Banking segments.

• Ensure data integrity, manage queries and maintain high-quality documentation in accordance with bank policies and regulatory requirements.

3. Credit Committee Participation

• Review the creditworthiness and risks associated with potential transactions.

• Apply appropriate credit assessment tools and models.

• Propose risk mitigation measures to safeguard the bank’s credit portfolio.

4. Delinquency and Remediation

• Analyse delinquent accounts and prepare credit risk reports.

• Support remediation strategies, including negotiations, recovery actions and legal coordination.

• Conduct portfolio reviews to identify the causes of delinquency and recommend timely resolutions.

5. Collateral and Documentation Custody

• Act as custodian of security vaults and credit documentation.

• Oversee the archiving and retrieval of credit documents.

• Maintain registers of security documents.

• Ensure collateral protection through timely insurance renewals.

6. Stress Testing and Scenario Analysis

• Conduct periodic stress tests and portfolio impact assessments.

• Provide recommendations to senior management to support proactive credit risk management.

7. Stakeholder Advisory and Reporting

• Provide guidance on credit risk policies and standards.

• Prepare timely and reliable credit risk reports for senior management and the Board.

• Ensure accurate collection of fees, commissions and other charges.

8. Collaboration and Representation

• Work with Credit Department functions to balance business growth with effective risk control.

• Collaborate with recovery units to identify and address problem accounts.

• Represent the branch in internal and external meetings.

9. Other Duties

– Perform additional responsibilities as assigned by the supervisor.

Qualifications and Experience

Academic Qualifications

Applicants must possess a Bachelor’s Degree or equivalent qualification in one of the following fields:

• Finance

• Banking

• Accounting

• Economics

• Business Administration

Professional Experience

• 3–5 years of banking experience, with at least 2 years in credit analysis, credit risk or Lending Relationship Management.

• Experience in credit appraisal and financial analysis.

• Experience in SME and corporate lending.

• Knowledge of loan structuring.

• Experience in credit monitoring and portfolio management.

Typical Relevant Background Roles

Candidates with experience in the following positions may be suitable:

• Credit Analyst

• Corporate/SME Relationship Manager

• Credit Officer

• Risk Analyst

Technical Skills and Competencies

Applicants should demonstrate competence in:

• Credit analysis.

• Financial statement analysis.

• Cash flow analysis.

• Risk assessment.

• Loan documentation review.

• Credit committee presentations.

• Problem loan management.

• Decision-making under risk.

Regulatory and Policy Knowledge

Applicants should have a strong understanding of:

• Central bank prudential regulations, including Bank of Tanzania guidelines.

• Credit risk management frameworks.

• Loan classification and provisioning rules.

• Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements.

How to Apply

Interested and qualified candidates should submit their applications through the official Equity Bank Tanzania recruitment portal.

CLICK/TAP HERE TO APPLY:

Note: The application deadline and further submission requirements were not stated in the provided advertisement. Applicants should check the official recruitment portal for updates.