SENIOR CREDIT OFFICER

The UTT Microfinance Plc now invites qualified, competent and energetic Tanzanians with outstanding work ethics and integrity to apply for the following vacant positions:

Senior Credit Officer Reference No. UTT-MFI/SCO/0414/01

1.1 Reports to: Operations Manager - UTI Microfinance Plc
1.2 Job Summary:
Ensure error free issuance of loans to members (borrowers) in line with the approved UTI MFI credit operations policies, and procedures. Meeting with members, evaluating them, advising them transparently about the details of UTI-MFI products and services, recruit clients, finalize loan applications and supervising loan collections and loan recoveries.

1.3 Key duties and Responsibilities:'
Meet with members/loan applicants, receive loan applications and respond to inquiries in respect to product features, loan eligibility, and application processes; perform loan orientation to customers and sell the existing products to prospective members;
Prepare loan application and submit it to the Branch Management Loan Committee for further action; Ensure that all credit applications are completed and processed according to the UTI-MFI loan policy and accepted industrial practices.
Provide presentation and product demonstration support during the introduction of new products and services to field staff and members;
Compiles business information" analyze and provide recommendations; this includes applicants' financial status, credit, and property evaluation to determine feasibility for granting loans; Explain to prospective members and the general public the various types of products, services and credit options that are available, as well as the applicable terms and conditions; Monitors issuance of loans and ensure fully recovery; Regular review of loans considered as high risk and ensure that maximum efforts have been taken before assigning bad credit status to an account.
Assists the Branch In charge in writing and submitting regular reports regarding performance of the branch; Review loan agreements to ensure that they are complete and accurate according to applicable policies; Handle members complaints and take appropriate action to resolve them;
In conjunction with senior managers; recommend for review and updates of products, services, credit policies, procedures and standards;
Encourage each group to establish the yearly goal and ways to achieve them;
Provide loan and saving development training to the UTI MFI members
Performs any other duties as would be assigned by supervisor/ senior officers from time to time.
Qualifications and Experience:
Qualifications: The holder of this position must have a first degree in Microfinance, Economics, Business management, Banking, Savings and Mobilization, Credit Management, Community Development, Agriculture or Agro business; plus a second Degree in Business management, banking or credit management
Experience: At least 5 years of proven record of successful work experience in Credit management or Banking
Experience in Microfinance or Banking sector will be an added advantage.

APPLICATION INSTRUCTIONS:

All interested persons are required to apply attaching to their applications current Curriculum Vitae (CV), copies of academic certificates & transcript; including names and full communication addresses (including contact phone numbers) of three referees who can testify to the applicant's academic abilities, working experience and character.

Please send your applications in an envelope clearly marked as “Application for employment at UTT-MFI", quoting the relevant job reference number such that the same reaches not later than 5.00 p.m. on Monday 14th April, 2014 to the following address:-

The Chief Executive Officer
UTT Microfinance Plc,
Sukari House, Ground Floor,
Sokoine Drive/Ohio Street,
P. O. Box 5474,
Dar es Salaam.