Job Overview

Position: Credit Risk Manager 

Company: Serene Microfinance Limited

Location : Dar Es Salaam

Adverts Date: 22 November, 2024

Serene Microfinance Limited has been a growing and expanding company since its establishment in  providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally  stands as good example due to the unique contribution in reaching many categories of customers in  Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City and the nearby  Regions. 

Sales executive positions

In an effort to stream line operations, Serene Microfinance LTD seeks to recruit qualified credit Risk  Manager to assist on Credit Risk Matters by ensuring quality loan portfolio and bringing profits for the  company. 

Position: Credit Risk Manager 

Responsibilities 

• Credit risk Managers are responsible for managing the risks that arise from lending Money to  Serene Customers, analyze the creditworthiness of potential borrowers and decide whether or not  to extend those loans.
• Credit risk Manager also is responsible for monitor existing loans to ensure that borrowers continue to meet their obligations under these agreements. 

Required Skills 

• Credit risk manager need to have a strong understanding of financial concepts and practices
• Need to be able to read and interpret financial statements, understand the implications of  different financial strategies and make informed decisions about financial matters. 

Communication skills:

• Credit risk Manager needs to know how to communicate with a variety of  individuals and groups, including other members of a company’s leadership team, employees,  customers, suppliers and regulators.

Risk management skills:

• The ability to identify potential risks and develop strategies to mitigate  them. As a Credit risk Manager, you may be responsible for developing and implementing a Company’s risk management strategy 

Educational Qualifications 

• Holder of University Degree or equivalent qualification in Risk Management, Finance or any  other related field 

Work Experiences; 

• Proven work experience of 3 years as a Credit Risk Manager/ Senior Credit Risk Officer in a  Microfinance or Bank
• Exposure to microfinance desired, Proficiency with Microsoft Excel, Word, and Power Point.

Reporting Relationship: Credit risk Manager Reporting to General Manager

Application Deadline; 

Kindly submit your application along with Academic Certificates (Photocopies) and detailed CV  containing names of three (3) referees with their contacts to the address below in one PDF File not later  than 28th November, 2024. All late applications will not be processed.

Credit Risk Manager at Serene Microfinance Limited

Application Address; 

All applications should be sent by email and addressed to:

The Human Resource and Administration Manager, 

Serene Microfinance Ltd, P.O. Box 33813, 

Mikocheni B,  

Dar es Salaam. 

Email; [email protected] 

Note: only shortlisted candidates would be contacted

“Serene Microfinance is an Equal Employment Opportunity Company. Women are highly encouraged to  apply”