Business Development Officer

About National Bank of Commerce

NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate and investment banking, wealth management products and services.

Position Overview

This position offers a great opportunity for career growth. You will be responsible for the recruitment and management of borrowing customers under the Micro-SME segment (Kua Nasi, Agriculture & LaRiba) and ensure growth of a quality loan portfolio in accordance with the Bank's Credit Policy and Product Procedure Manuals.

Key Accountabilities

Portfolio Growth

• Grow quality loan portfolio to meet branch targets
• Onboard eligible borrowing customers in accordance with Product Procedure Manuals
• Follow up on pipelines and sales leads to ensure maturity within agreed timelines
• Identify, explore, and negotiate business (lending) opportunities with existing and new customers
• Engage with external and internal business stakeholders to ensure the Bank's interests are properly presented and safeguarded

Credit Underwriting

• Receive and review credit applications and ensure compliance with approved checklists of required documents
• Liaise with CRC members to ensure eligible customers are visited to validate submitted information, business details, and collateral provided
• Conduct assessment and credit appraisal of Micro-SME credit applications to determine creditworthiness for Bank financing in line with Product Procedure Manuals
• Ensure all credit applications forwarded to headquarters for approval are reviewed, discussed, and deliberated by CRC as per Product Procedure
• Address all issues or queries raised by headquarters (Retail Credit/Business) in collaboration with CRC without compromising procedure

Loan Portfolio Management

• Ensure approved loans adhere to approved terms and conditions

Position Details

• Location: Mtwara Branch, Tanzania
• Employment Type: Full-time
• Industry: Banking, Sales & Retail, Business Operations, Finance, Agribusiness
• Currency: TZS