Credit Portfolio Manager Job Vacancy in Arusha, Tanzania – Banking & Finance

Job Description

Position: Credit Portfolio Manager

Company: Equity Bank Tanzania

Location: Arusha, Tanzania

Experience: 5+ years in credit risk management

Education: Bachelor’s degree in Finance, Economics, or related field

Employment Type: Full-time

Industry: Banking & Finance

Department: Credit Risk Management

Salary: SSP 2,500,000 – SSP 4,000,000 per month

Vacancies:1

Company Overview

Equity Bank Tanzania is a leading financial institution committed to fostering inclusive growth across the East African region. With a strong presence in Tanzania, the bank offers a wide range of retail and corporate banking services, leveraging innovative digital platforms to enhance customer experience. As part of its strategic expansion, Equity Bank Tanzania continues to invest in talent that drives sustainable financial solutions, making it a top destination for professionals seeking dynamic career opportunities in Tanzania.

Operating under rigorous regulatory standards, the bank emphasizes corporate governance, risk management, and community development. Its robust portfolio includes micro‑finance, SME lending, and large‑scale corporate financing, positioning the institution as a catalyst for economic development. Joining Equity Bank Tanzania means contributing to a culture of excellence, integrity, and continuous learning, while playing a pivotal role in the nation’s financial ecosystem.

Job Overview

The Credit Portfolio Manager will lead the assessment, monitoring, and optimization of the bank’s credit portfolio across multiple sectors. This role is critical in ensuring the health of the loan book, mitigating risk, and supporting the bank’s growth objectives. The successful candidate will collaborate closely with relationship managers, risk analysts, and senior leadership to develop credit strategies that align with market dynamics and regulatory requirements.

For more information about career opportunities in Tanzania, visit our partner site https://tanzaniajobsearch.com.

Key Responsibilities

• Analyze and evaluate credit proposals, ensuring compliance with internal credit policies and external regulatory standards.
• Monitor portfolio performance, identify emerging risk trends, and recommend corrective actions.
• Develop and implement credit risk models and stress‑testing frameworks to forecast potential losses.
• Collaborate with product teams to design credit products that meet market demand while maintaining risk appetite.
• Prepare detailed credit reports and present findings to senior management and the Board of Directors.
• Lead a team of credit analysts, providing mentorship, performance feedback, and professional development.
• Maintain strong relationships with borrowers, ensuring timely communication and resolution of credit issues.

Required Skills

• Advanced analytical and quantitative skills with proficiency in financial modeling.
• Deep understanding of Tanzanian banking regulations and credit risk frameworks.
• Excellent communication and presentation abilities.
• Leadership experience in managing cross‑functional teams.
• Proficiency in credit risk software and data analytics tools.
• Strategic thinking with a focus on sustainable portfolio growth.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Professional certifications such as CFA, FRM, or equivalent are highly desirable and will be considered an advantage.

Experience

Candidates must possess at least five years of progressive experience in credit risk management, preferably within a commercial banking environment. Demonstrated success in managing large credit portfolios and leading analytical teams is essential.

Salary

The compensation package ranges from SSP 2,500,000 to SSP 4,000,000 per month, commensurate with experience and qualifications. The package includes performance‑based bonuses, health insurance, and retirement benefits.

Benefits

• Comprehensive health and medical coverage.
• Retirement savings plan with employer contributions.
• Annual performance bonus.
• Paid parental and annual leave.
• Employee assistance program.

Training

• Continuous professional development through accredited banking courses.
• Access to internal leadership development programs.
• Opportunities to attend regional and international finance conferences.

Working Environment

Equity Bank Tanzania offers a collaborative, inclusive, and technology‑driven workplace. Employees benefit from modern office facilities in Arusha, flexible working arrangements, and a culture that encourages innovation and ethical conduct.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role via the online portal. Applications will be reviewed on a rolling basis. For additional guidance on applying for jobs in the region, refer to https://liberiajobsearch.com/job-vacancy-in-liberia/ and https://ethiopiajobssearch.com/.

Equal Opportunity Statement

Equity Bank Tanzania is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, or background. All qualified applicants will receive consideration for employment without discrimination.