Credit Sanctioning Analyst

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Job Summary

• The role is responsible for reviewing, challenging, and approving credit applications within a delegated lending mandate.
• The role ensures independent, high-quality credit decisions, balancing business growth with prudent risk management.
• The incumbent provides oversight on credit assessments prepared by analysts, ensures adherence to policies, and acts as a final control point for credit risk acceptance.
• Job Description​

• Credit Approval & Risk Decisioning (60%)

o Review and approve or decline credit applications within delegated lending authority.

o Critically assess credit proposals submitted by Credit Analysts, ensuring

• a) Accuracy and completeness of analysis
• b) Sound financial and risk assessment
• c) Policy compliance
• o Exercise independent judgment and apply credit expertise to sanction facilities.
• o Identify key risks, mitigants, and conditions precedent to approval.

o Ensure all approvals align with

a) Retail Credit Policy

• b) Risk appetite
• c) Regulatory requirements
• o Escalate applications beyond mandate to higher approval authorities where necessary.
• o Reject or return deficient applications with clear justification and guidance.
• o Monitor concentration risk, portfolio trends, and sector exposure.
• o Ensure strict controls against fraud, misrepresentation, and policy breaches.

o Validate that

• a) Suspended branches/customers are not processed
• b) Employer confirmations and due diligence have been completed
• o Participate in credit committees, where applicable

• Oversight of Credit Assessment Process (10%)

• o Provide guidance and challenge to Credit Analysts on complex cases.
• o Ensure consistency and quality of credit underwriting standards.
• o Support continuous improvement in credit assessment methodologies.
• o Review structured deals and secured lending proposals for robustness.

• Loan Structuring & Conditions Management (10%)

• o Define appropriate facility structures, pricing recommendations (where applicable), and risk mitigants.
• o Ensure all collateral/security requirements are adequate and enforceable.

o Approve conditions related to

a) Collateralization

• b) Legal documentation
• c) Insurance and valuations.

• Stakeholder Engagement (5%)

o Liaise with

a) Legal

• b) Treasury
• c) Security Management Unit
• d) Branch Network
• o Ensure alignment on loan structuring, collateral, and disbursement readiness.
• o Provide clear feedback on decisions to business units to support turnaround times.

• Portfolio Risk Monitoring & Governance (10%)

• o Monitor performance of approved facilities to identify emerging risks.
• o Support portfolio reviews and remediation strategies.

o Contribute to

1. Policy reviews
2. Risk appetite calibration
3. Credit governance frameworks

• Compliance & Regulatory Adherence (5%)

Ensure all approvals comply with

• a) Internal policies
• b) Regulatory standards
• o Remain updated on regulatory and policy changes.
• o Support audits and ensure closure of audit findings.
• Maintain proper documentation of approval rationale for audit trails.

Education and Experience Required

• A degree/ Advanced diploma in Finance/ Banking/Business Administration
• At least 3 years & above experience in the related field

Knowledge & Skills: (Maximum of 6)Competencies: (Maximum of 8 competencies)

• Interpersonal skills
• Ability to work under pressure
• Analytical skills
• Communication skills
• Microsoft Office/PC skills
• Credit Risk skills

Qualifications

Bachelor`s Degrees and Advanced Diplomas - Business, Commerce and Management Studies, Credit Risk (Meets some of the requirements and would need further development), Digital familiarity (Meets some of the requirements and would need further development), Experience in a similar environment, Openness to change (Meets some of the requirements and would need further development), Reasoning (Meets all of the requirements)