People’s Bank of Zanzibar Limited Financing Officers Jobs in Tanzania

People’s Bank of Zanzibar Limited Financing Officers Jobs in Tanzania


Position objectives:

  • Facilitate the financing process after verifying the creditworthiness of the customer and reviewing loan process in compliance with Islamic banking.

    Education and Experience:

    • Holder of Bachelor of Banking and Finance, Economics, Islamic Banking or Accounting from any recognized University.

    Key skills and Competencies:

    • Professional qualifications such as CPB and equivalent shall be an added advantage

    • experience in internship in bank branch operations

    • Strong numerical ability

    • Good listening and communication skills (writing and presentation) in English and Kiswahili

    • Customer service orientation

    • Computer literacy

    • Some experience at bank branch operations would be desirable.

    • Knowledge and experience in Islamic banking will be an added advantage.

    • Smart and presentable individual

    • Strong communication Able to work independently and efficiently

    Duties and Responsibility:

    • Evaluate the assigned quality of the finance portfolio and recommend appropriate actions to be taken on non performing financing.

    • Analyze the position of overdrafts and financing accounts against the proposed repayment schedule.

    • Report to the supervisor on early warning signs leading to financing default.

    • Monitor repayment performance of financing and advise supervisor appropriately.

    • Monitor movement of approved facilities through the overdraft (OD) list and ensure they are within the agreed terms and conditions.

    • Monitor receivable account to ensure it is correctly accrued and posted in the respective accounts as well as ensuring the Bank’s income is realized.

    • Ensure that stipulated financing returns by the Bank and BOT are prepared and timely submitted to respective authorities.

    • Prepare financing reports for management and other users.

    • Prepare regularly all
    periodic reports (weekly, monthly, and quarterly) and ensure their timely submission to respective units.

    • Monitor financing/overdrafts re-payments made by customers.

    • Ensure customers’ compliance to IBD’s financing Policy, financing Manual, financing strategy, management circulars and directives and Bank of Tanzania Regulations.

    • Attend to queries raised on issues related to financing supervision and monitoring.

    • Review and analyze possible recovery options for each finance recovery account, prepare finance recovery appraisal report and strategy and recommend for approval by appropriate approving authority.

    • Update the database of defaulters mortgaged sold by bank.

    • Update list of blacklisted customers and use the same for clearance of new financing applications.

    • Any other duties as may be assigned by Supervisor from time to time.

    Terms of Service

    • Three (3) years contract (Renewable)

  • Age limit of not more than thirty-five (35) years as at 30th September, 2020

    How to Apply

    Applications from interested candidates should submitted the following: –

    • An application letter (hand written) signed by applicant himself specifying the position they are applying for and the duty station.

    • Detailed Curriculum Vitae with e-mail, telephone number and details of two (2) referees.

    • Copies of Academic Certificates; provisional results and/or statement of results shall not be accepted irrespective of circumstances. Photocopy of Zanzibar ID or National (Tanzania) ID.

    • Two recent passport size photograph

    • Testimonial letter from previous employer, in case the applicant has working experience

    • Only qualified shortlisted applicants shall be contacted.

  • All applications should be addressed to:

    The Managing Director
    The People’s Bank of Zanzibar Ltd
    P.O.BOX 1173
    ZANZIBAR.

  • Application Deadline: All applications should be submitted not later than 11th September, 2020.

  • Click here to post comments

    Join in and write your own page! It's easy to do. How? Simply click here to return to NGO Jobs in Africa.