Bank of India is a leading Public sector Bank in India and completed 112
years in 2018. It has network of over 5200 Branches in India and 60
Overseas Branch/Offices across the globe in all important centres .Bank
of India (Tanzania) Ltd, is a fully owned subsidiary of Bank of India,
is now looking for experience, energetic and committed Tanzanian to fill
up the vacancy of Head of Credit Position at Bank of India (T) Ltd.
HEAD OF CREDIT
QUALIFICATIONS AND EXPERIENCE
Holder of Business Related Degree or Master’s Degree in (Economics,
Business Administration, Banking and Finance, Commerce, Business
management, Marketing etc)
At least five years’ experience of working as Officer/Manager in
Credit Management, Risk and Control in a commercial Bank.
Good communication Skills, Written and Oral, Strong analytical
skills and ability to influence and mobilize customers
Good knowledge and experience of banking practice, in credit
portfolio management techniques, knowledge of the regulatory
frameworks within the region.
Overall Supervision of Credit Department and Report to the General
To Prepare and Process the Loan Proposals, Disbursement, Loan A/C
opening and Monitoring.
Prepare and Process LC, SBLC, Overdraft, Term Loans, Bank Guarantee etc.
To discuss the request of the clients for credit Limits, security,
pricing and other terms of sanction
To conduct and ensure Due Diligence/KYC for prospective and existing
To carryout Physical Inspection of Securities.
Follow up for Recovery of Interest, Loan Installments and any other
overdue amount in existing and NPAa/cs.
To Do Follow Up With Borrowers For Regular Operations In The Loan
To Prepare Various Statements Pertaining to Credit Department.
To do the Balance Sheet Analysis for Assessing the Credit limits
Liaison with Credit Reference Bureau, Lawyers, Valuers and Recovery
Agent for various activities pertaining to Credit Deptt.
Scrutiny of inward and outward transactions in borrower a/cs.
Supervision of the vouchers in credit department.
To Canvass Business for the Bank.
Ensuring Proper Filing and Safe Keeping All Papers & Documents.
Any Other Duties As Assigned From Time To Time
Eligible candidates may apply for abovementioned vacancy so as to reach
us on or before 02.03.2019. Candidates are required to submit their
detailed Resume/CV including information regarding date of birth,
educational qualification & work experience, name and addresses of three
referees and attached certified copies of their academic and
professional certificates, copy of Last Salary Slip and expected gross
Only Shortlisted candidates will be called for personal
Please note importantly that; canvassing in any form will lead to
Eligible Candidates May Apply to:
The Managing Director,
Bank of India (T) Ltd,
Dar es Salaam.