Senior Credit Administration Officer at Tanzania Agricultural Development Bank Limited (TADBS)

Application Deadline: 24 Mar 2016

Senior Credit Administration Officer POSITION DESCRIPTION:

BACKGROUND OF TADB

Tanzania Agricultural Development Bank Limited (TADS) is a Government Institution established under the Companies Act,2002 and licensed under the provisions of the Banking and Financial Institutions Act No 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012. The bank has the following key objectives:
To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
To be an important player in the implementation of the Government's development vision, policies and programmes, including but not limited to the Tanzania Development Vision 2015, Agricultural Sector Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial Sector
Reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania {MKUKUTA), and Zanzibar
Strategy for Growth and Reduction of Poverty (MKUZA);
To build on existing agro-financing activities through provision of short, medium and long-term facilities to the following: smallholder farmers' groups, savings and credit cooperative societies (SACCOS), community banks, commercial banks and microfinance institutions (MFls) that are active in lending to the agricultural sector;
To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional
Administration as well as the numerous players active in this sector;
To assist the Government in implementing its policies on enhancing financial inclusion and economic empowerment in the rural areas.

EXISTING VACANCIES
The TADS is hereby inviting applications from suitably qualified candidates to fill the following vacancies:

Senior Credit Administration Officer -1 Vacancy

Nature and Scope:

The job holder reports to the Credit Administration Manager.
He/She will be responsible for ensuring that the bank receives appropriate loan documentation, disbursements are done appropriately, customers are billed/debited timely and accurately, and that credit information is maintained securely and up to date.

Key Responsibilities:
Validate all collateral documents such as title deeds, insurance covers, bonds and securities, stocks and shares, guarantees, debentures, mortgage documents;
Ensure that clients are debited or billed all charges and interests on due dates as specified in the Credit Instruction Memo or as customary.
Follow up on the stipulated loan installments or repayment provisions;
Notify concerned departmental Officers promptly of any defaults or other Irregularities;
Prepare monthly reports on all credit facility limits that are to expire during the course of the following three months;
Prepare monthly reports to the Credit Committee on incomplete or missing documentation for transactions already booked;
Assist in preparing Bank of Tanzania and other periodic reports;
Assist in preparing monthly reports to Credit Committee on all accounts
graded less than 'good; including derailed month-end outstanding;
Review/verify approvals obtained for permanent release of collaterals, security documentation and ensure there are no liabilities or outstanding and facilities are cancelled;
Maintain an up to date collateral data in the system;
Carry out any other related duties as may be assigned to him/her by the
supervisor from time to time.

Qualifications, Knowledge and Experience:

Master's degree in Accounting, Finance, Business Administration. Economics,
Banking related discipline;
Minimum of three (3) years relevant working experience; :.
Knowledge of the Regulator's requirements on reporting and ability to interpret Central Bank policies and related regulation
Strong computer skills; 'CUI Strong written and oral communication skills with ability to write documentation in a concise and focused style;
Knowledge of documents essential for the bank as collateral for lending;
Knowledge in financial analysis and interpretation of results.

APPLICATION INSTRUCTIONS:

Remuneration
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development
opportunities and excellent working environment.

Qualified candidates should apply in writing to or lodge their applications at the address shown below, enclosing:
1. Application letter showing how they meet the requirements of the positions;
2. An up-to-date Curriculum vitae;
3. Contacts stating name in full, physical address, telephone numbers and e-mail address of the candidates;
4. Certified copies of relevant certificates
5. Names and full contacts of three (#) work-related referees

Closing date: Applications should reach the undersigned not later than 4.00pm on Thursday, 24 March 2016

Managing Director,
Tanzania Agricultural Development Bank,
3rd Floor Acacia Estates Building,Plot 84 Kinondoni Road,
P.O. Box 63372,
DAR ES SALAAM.
Email:info@tadb-kilimo.co.tz