Credit Risk Manager - Lease

Job Description:

I. Job Purpose
The Credit Risk Manager is responsible for designing, implementing, and overseeing a robust credit risk management framework tailored to financial leasing operations. The role involves evaluating credit proposals, monitoring portfolio performance, managing non-performing assets, and ensuring adherence to regulatory and internal credit risk policies. This position is critical in safeguarding the company’s financial health and supporting sus-tainable business growth through prudent risk-taking.
II. Key Responsibilities
1. Credit Evaluation & Approval
• Review client applications, credit analysis reports, and leasing proposals.
• Assess and approve lease proposals within delegated authority limits.
• Analyze financial statements, business models, and equipment utility to determine creditworthiness.
• Recommend appropriate credit limits and leasing terms.
• Ensure full compliance with KYC, due diligence, and credit documentation require-ments.
• Coordinate the implementation and documentation of approved lease accounts.
• Maintain completeness and integrity of all credit files.
2. Portfolio Monitoring & Reporting
• Monitor overall leasing portfolio performance, delinquency trends, and risk concen-trations.
• Prepare and present monthly and quarterly credit risk dashboards to senior manage-ment and the Board.
• Conduct scenario analyses and stress tests to evaluate portfolio resilience.
• Ensure lease facility data accuracy and completeness in core systems.
• Identify early warning signs and propose mitigation strategies.
• Collaborate with relevant departments to maintain healthy portfolio performance.
3. Non-Performing Loan (NPL) Management
• Monitor arrears and implement proactive recovery actions.
• Collaborate with collections to design and monitor restructuring and repayment plans.
• Escalate high-risk or non-performing exposures for legal or recovery proceedings.
• Ensure the Portfolio at Risk (PAR) remains below 5%; take necessary corrective measures if exceeded.
• Recommend suspension of new lease approvals if risk thresholds are breached.
• Lead the recovery efforts for defaulted clients and develop turnaround strategies.
4. Policy & Compliance Oversight
• Periodically review and update credit risk management policies and frameworks.
• Ensure compliance with regulatory standards (e.g., Bank of Tanzania, IFRS 9).
• Support timely and accurate reporting to the Credit Reference Bureau.
• Liaise with internal/external auditors and regulators on credit risk issues.
5. Risk Systems & Data Management
• Maintain and enhance internal credit scoring and risk rating tools.
• Validate accuracy of client data, equipment records, and exposure registers.
• Recommend and support improvements to credit risk monitoring systems and pro-cesses.
6. Team Leadership & Capacity Building
• Mentor and train leasing/credit officers on credit risk assessment and financial anal-ysis.
• Supervise junior credit analysts to ensure quality and timely credit reviews.
• Promote a strong risk culture and continuous learning across the organization.
7. Strategic Input
• Provide risk insights for new product development, pricing, and sectoral focus.
• Advise management on macroeconomic and sector-specific risks impacting portfo-lio quality.
• Contribute to capital adequacy, liquidity, and provisioning strategies from a risk standpoint.

Qualifications, Experience, and Skills required:

III. Qualifications & Experience
Education:
• Bachelor’s degree in finance, Accounting, Economics, or related field.
• Professional certification (e.g., CPA, CFA, FRM) is an added advantage.
• Master’s degree in Risk management, Finance, or Business preferred.
Experience:
• Minimum 5–7 years of experience in credit risk management, preferably in financial leasing, banking, or asset finance.
• Strong experience in credit evaluation, portfolio monitoring, and recovery of NPLs.
• Familiarity with regulatory frameworks (e.g., Bank of Tanzania regulations, IFRS 9).
Skills & Competencies:
• Strong analytical and financial modeling skills.
• Proficient in credit risk systems and MS Office tools.
• Excellent communication and report-writing skills.
• Strong leadership and stakeholder engagement abilities.
• Sound judgment and ability to make risk-based decisions.
IV. Key Performance Indicators (KPIs)
• Portfolio at Risk (PAR) maintained below 5%.
• Timely credit assessments and approval turnaround times.
• Accuracy and completeness of credit documentation.
• Quality of risk reports and insights delivered to management.
• NPL recovery and restructuring performance.
• Compliance with internal policies and external regulations.
• Training hours delivered and staff competency improvements.