ASSISTANT CREDIT OFFICER POSITION

Purpose of the position
To assist Credit Officer in receiving, reviewing, analyzing and
recommending loans applications for approval.

Scope
The Assistant Credit Officer will be reporting to the Credit officer
and will be responsible for executing Society's credit activities.

Responsibilities
Receiving, recording, scrutinizing member's loan applications forms and submit to the Credit officer for further processing.
Ensuring that all loans" issued are repaid every month and a report of the same prepared and submitted to the Credit Committee;
Originate loan applications and monitor loan from an application to approval process and maintaining effective communications with members.
Evaluate financial condition and transaction structure, including loan disbursement analysis, generate and interpret PEARLS ratios for use in evaluating Society's financial status.

Preparing weekly, monthly, quarterly and yearly loan disbursement reports which includes Approved Loans, Loans Pending loan issued by qender; products, branches, non- performing loans, Loan arrears and/or delinquent loans and submit to the Credit Officer.
Maintain and update a sinking fund information;
Compiling periodic reports on Classification of the Loan Portfolio, portfolio at risks as detailed in the Credit Policy and Procedures and submits to the Credit Committee.
Preparing a regular visit to member's premises to discuss performance of their involvements and provide on-the-spot advice regarding the products and services offered by the Society and furnish a report of the visit to the Credit Officer.
Performing monthly reconciliation of loan information from payroll sheets and/ or banks and Monthly Projected Loan
Recovery Summary and immediately report to the Credit officer any anomaly identified during reconciliation exercise;
Designing, developing and market new financial products (Provident and Productive) and Services which meet members' needs while reviewing the existing products for continual improvements.
Ensuring that loans are issued in accordance with the Cooperative Act, Society By-Laws, Society's Regulations, Credit policy and procedures.
Any other duties that may be assigned by supervisors from time to time.

Minimum educational and professional levels required for the position

Bachelor's degree or Advanced Diploma in Accounting, Finance, Banking, Cooperative Management or equivalent certifications from recognized institutions.

A minimum of 3 years related experience working with SACCOS/ Micro-finance.

Skills, knowledge, and capabilities required for the position

Excellent interpersonal, organizational and communication skills, attention to detail with focus on quality and integrity. Strong oral and written communication with effective interpersonal and relationship management skills to engage individuals at all levels in the organization.
High level of integrity and business acumen, "including the responsibility to maintain confidentiality of customer information.
Flexible and adaptable to a dynamic environment.
Ability to multi-task prioritizing and works under tight deadlines.

Age Limits The applicant must be of age between 30 - 40 years
 

APPLICATION INSTRUCTIONS:

Interested and suitably qualified Tanzanians should forward their applications within 14 days after first appearance of advert, including a well written application letter, a detailed up to date 01, One (1) current passport size photograph and copies of all academic and professional credentials enclosed in an envelope marked with the applied position on it to:
Chairperson
TRA Savings and Credit Cooperative Society
5th Floor, Mariam Tower, Shaurimoyo Road
P.O. Box 63225,
Dar-es-Salaam, Tanzania

Note:TRA SACCOS is an equal opportunity employer. Only short listed applicants will be contacted. canvassing shall lead to automatic disqualification. If you do not hear from us within 14 days after the deadline, consider yourself unsuccessful.