Head- Credit & Risk Management

Company: Mo Finance Corporation Ltd

Apply Before: Oct 15, 2024

Job Detail

Location:

Dar es Salaam, Tanzania
Company:

Mo Finance Corporation Ltd
Type:

Full Time / Permanent
Career Level:

Senior Management
Positions:

1
Experience:

3 - 5 Years
Education:

Master
Profession:

Accounting / Finance / Taxation / Auditing
Industry:

Accounting / Finance / Taxation / Auditing
Remuneration (Net):

TZS
Date Posted:

Sep 21, 2024

Job Description

Perform credit and risk assessments and review the assessments on the credit proposals submitted by Representatives of the Credit Committee; exercise credit judgment; and make sound credit recommendations and/or decisions.
Perform proactive on-going credit monitoring and risk management on the debtor as well as portfolio levels to reduce or prevent bad debt losses.
Support credit managers to structure finance transactions for different products and Client segments to mitigate risk while supporting sales.
Lead enhancements to the Credit Measurement Framework, which include rating models - PD, LGD and EAD measurement jointly with COO MOFCL.
Assist in preparation and presentation of the information pack for Board Committee.
Contribute to system implementation projects in the collection space (e.g. Loan Management System) by providing requirements and design inputs, particularly with regard to credit and measurement.
Assist the COO MOFCL in development and review of Credit Policy, Standards and Operating Procedures; Identifies areas of process that need improvement and implements an enhanced process to gain efficiency.
Maintain and improve the current credit management and reporting systems on a country level in line with regulatory standard and internal requirements, which includes credit ratings, credit application processing and credit bureaus reports.
Knowledge, understanding, and compliance with all applicable regulatory and local laws and regulations that regulate the credit industry.
Ensure timely and accurate reporting of information from these systems to the relevant stakeholders (which includes regulators, Rating Agencies and Senior management).
Contribute proactively to various risk related projects and initiatives owing to synergies (e.g. stress testing, IFRS 9); especially on aspects pertaining to credit measurement and sourcing/ management of data for these initiatives.
Assist the COO MOFCL in development and review of Credit Policy, Standards and Operating Procedures.
Ensure all internal credit policies and procedures are adhered to meet compliance and governance requirements.
Close collaboration with sales management to support incremental sales through creative finance products and campaigns to achieve goals without damaging MOFCL’s ability to manage risk within acceptable levels.
Develop and implement new and innovative asset finance products, products can include Leases, Asset Finance, Hire-Purchases etc.

Skills Required

JOB EXPIRED

Company Overview

Mo Finance Corporation Ltd

Dar es Salaam, Tanzania

0 Current Jobs Openings

MO Finance Corporation Ltd is a non-deposit taking microfinance institution incorporated under the Companies Act of 2002 and licensed by the Bank of Tanzania under the Microfinance Act 2018 (Cap. 407) and its regulations of 2019. The company opera... Read More

Job Detail

Head- Credit & Risk Management

Job Detail

Job Description

Skills Required

Company Overview

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