Director of Credit – Tanzania Commercial Bank (TCB)

About Tanzania Commercial Bank

Position Objective & Responsibilities

• Developing, implementing, and reviewing credit policies, procedures, frameworks, and strategies aligned with the Bank’s strategic objectives, risk appetite, and regulatory requirements.
• Maintaining high standards of credit quality, robust internal controls, and compliance with Bank of Tanzania (BOT) regulations.
• Providing independent credit assessments, overseeing approval processes, and proactively monitoring portfolio performance to mitigate risks.
• Collaborating with business and control units as a member of senior management to improve turnaround times, safeguard assets, and drive profitability.

Qualifications, Skills & Experience

• Education: Holder of a Master’s degree in Business Administration, Finance, Accounting, Banking, Economics, Commerce, Marketing, or an equivalent qualification from a recognized institution.
• Experience:
  • Minimum of ten (10) years of work experience in the banking industry or financial institutions.
  • At least two (2) years in a managerial position.
• Technical Expertise:
  • Proven track record in developing and executing credit policies and strategies.
  • In-depth knowledge of credit risk assessment, loan structuring, underwriting principles, and portfolio management techniques.
  • Strong understanding of regulatory compliance requirements and financial regulations.
  • Proficiency in financial modeling and credit analysis software.
• Core Competencies: Exceptional analytical, decision-making, problem-solving, negotiation, and leadership skills.

Personal Attributes & Behavioral Competencies

• Demonstrates creativity, teamwork, and a commitment to excellence.
• Excellent time-management skills with the ability to prioritize and meet strict deadlines.
• Capable of working quickly, accurately, and consistently under high-pressure conditions.
• Methodical, well-organized, mature, and capable of handling confidential information responsibly.
• Possesses sound judgment, common sense, and good humor.

Remuneration & Compliance Notes

• Compensation: Offers a competitive salary package and benefits.
• Commitments: TCB is strongly committed to environmental, health, and safety management.
• Screening: Shortlisted candidates may undergo security clearances, competency assessments, and/or physical capability checks.

How to Apply