2 New Various Jobs at Equity Bank Plc March 2025

VACANCIES ANNOUNCEMENT

2 New Jobs at Equity Bank Plc March 2025 – Various Posts

Jobs Descriptions:
1. Credit Risk Manager

Credit Risk Manager at Equity Bank Plc March 2025

Job Title: Credit Risk Manager
Department/ Division: Risk
Number of Vacancies: 1
BASIC PURPOSE:
Credit Risk Manager is responsible for the effective independent oversight of risks associated with
Credit portfolio of the bank.
The
Manager’s primary responsibility is to develop and implement a credit
risk management framework with appropriate tools for identification,
measurement, reporting and control of the bank’s credit risk portfolio.
He
/she will also provide oversight on the adequacy of the controls over
the risk-taking activities and report on adherence to underwriting
governance.

MAIN DUTIES AND RESPONSIBILITIES:
• Monitor and
ensure key risk activities in credit risk management are undertaken
including credit risk policy formulation and development, documentation
of credit risk management procedures (pre- and post- sanction, model
development and validation for retail, corporate, and, SME lending,
credit risk capital computation, data management, risk mitigation
programs, monitoring and reporting including determination and
monitoring of limits.
• Ensure adequate identification and measurements of the credit risks inherent to the bank’s credit
portfolio
• Undertaking portfolio review to ascertain the adequacy of the
underwriting controls, collateral management, compliance to facilities
classification, compliance to provision charges and charging off
requirements.
• Undertaking various testing of the portfolio to
ensure a sound health of the portfolio including stress testing, vintage
analysis,
• Reporting and recommending to the management on the
various matters on the credit risk performance trends, risk landscape,
risk mitigation strategies and programs,
• Act in a timely manner to ensure effective management, and where necessary mitigation.

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:
Knowledge
• Risk Control mindset: Should show mastery of risk disciplines at a
bank-wide and integrated level, risk processes, tools and techniques,
capital management, risk- related regulations, and
compliance.
• Technical Knowledge: Should have a strong understanding of statistics and quantitative data analysis methods.
• Strong process orientation – A strong understanding of banking processes and operations.
• Intellectual curiosity and analytical approach to work.
• Ability to influence a culture of risk awareness in the organization.
• Ability to lead and exercise authority through expertise and
experience, showing both strategic and operational understanding of the
credit business model.

Skills
• Excellent written and oral communication skills, with proven ability to present and explain complex information.
• Keen business acumen – Business and financial judgment, and problem-solving skills are crucial requirements.

Qualifications
• Bachelor’s Degree in Banking, Finance, Business, or a related field.

Work Experience
• Minimum 5 years’ experience in banking, of which at least 3 years in risk management-related roles.
• The candidate must ideally have strong functional experience,
exposure to regulatory interactions and compliance, strong technology
orientation, and a keen eye for detail.

2. Credit Risk Officer

Credit Risk Officer at Equity Bank Plc March 2025

GENERAL:
Job Title: Credit Risk Officer
Department/ Division: Risk
Number of Vacancies: 1

BASIC PURPOSE:
Ensuring that the bank’s credit portfolio maintains a sound health
through ensuring compliance to bank’s credit governance, proper
classification of the portfolio and capital allocation.
Prevention of
financial loss through timely detection of poor-quality credits and
following up on the remediation measures to restore the quality of
portfolio.

MAIN DUTIES AND RESPONSIBILITIES:
• Undertaking review of the portfolio and ensuring early detection of problem loans.
• Assuring appropriate classification of the portfolio and adequacy of the provisions
• Ascertain the adequacy of the underwriting controls and collateral management
• Undertaking various testing of the portfolio to ensure a sound health
of the portfolio including stress testing, vintage analysis
• Preparing and communication of management reports for credit risk

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE:
Knowledge
• Thorough understanding of the bank’s credit governance and processes.
• Thorough understanding of the Bank operations.
• Knowledge of Bank risks and their mitigation.
• Knowledge of BOT prudential guidelines.
• Thorough knowledge and clear understanding of Banks’ policies.
• Understanding of the key systems and processes.
• Computer proficiency especially use of MS Excel.

Skills
• Effective listening skills.
• Good communication skills.
• Problem solving skills
• Personal integrity with a high regard to maintain strict confidentiality.
• Ability to be discrete.
• Excellent in time management.

Qualifications
• Business related degree from a recognized University.
• Professional Certification in Auditing, Accounting, Risk management and Information systems audit is an added advantage

Work Experience
• 1 year working experience in the Banking sector.

To Apply:
Please submit your application quoting the Job title on the subject field to: TZRecruitment@equitybank.co.tz
Application Deadline: 31st March, 2025.