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

Job Description

Position:Credit Portfolio Manager

Company:Standard Chartered Bank Tanzania

Location:Iringa, Tanzania

Experience:5+ years in credit analysis, portfolio management, or related finance roles

Education:Bachelor’s degree in Finance, Economics, Business Administration or related field; Master’s preferred

Employment Type:Full-time

Industry:Banking & Finance

Department:Credit Risk Management

Salary:SSP 3,500,000 – SSP 5,000,000 per annum

Vacancies:1

Company Overview

Standard Chartered Bank Tanzania is a globally recognized financial institution with a heritage spanning over 150 years. Operating in more than 60 markets, the bank brings international best practices to Tanzania’s dynamic economy. In Iringa, the bank serves a diverse client base ranging from small‑and‑medium enterprises to large corporates, providing tailored banking solutions, trade finance, and investment services. The Iringa branch is committed to fostering economic growth, financial inclusion, and sustainable development, aligning with Tanzania’s Vision 2025. As part of its strategic expansion, Standard Chartered continues to invest in talent, technology, and community initiatives, making it an attractive employer for ambitious finance professionals seeking career advancement.

Job Overview

The Credit Portfolio Manager will lead the management of a diversified loan portfolio, ensuring optimal risk‑adjusted returns while adhering to the bank’s credit policies and regulatory requirements. This role involves conducting in‑depth credit assessments, monitoring portfolio performance, and collaborating with relationship managers to structure innovative financing solutions. The successful candidate will play a pivotal role in shaping credit strategy, driving portfolio growth, and supporting the bank’s mission to deliver superior financial services across Tanzania. For more information, visit Tanzania Job Search.

Key Responsibilities

• Analyze and approve credit proposals for corporate and SME clients, ensuring compliance with internal credit standards and Basel III guidelines.
• Maintain and monitor a portfolio of approximately TZS 200 billion, conducting regular risk reviews and stress testing.
• Develop and implement credit risk mitigation strategies, including covenants, guarantees, and collateral management.
• Collaborate with relationship managers to identify cross‑selling opportunities and tailor financing structures that meet client needs.
• Prepare detailed credit memos, risk dashboards, and performance reports for senior management and the Credit Committee.
• Stay abreast of macro‑economic trends, sectoral developments, and regulatory changes affecting the Tanzanian banking landscape.
• Mentor junior analysts, providing guidance on credit analysis techniques and best practices.

Required Skills

• Strong analytical and quantitative skills with proficiency in financial modeling and credit scoring.
• In‑depth knowledge of Tanzanian banking regulations, Basel accords, and international credit standards.
• Excellent communication and negotiation abilities to interact with senior clients and internal stakeholders.
• Proficiency in credit risk management software and MS Office Suite, especially Excel.
• Ability to work independently, prioritize tasks, and meet tight deadlines in a fast‑paced environment.

Education

A minimum of a Bachelor’s degree in Finance, Economics, Business Administration, or a related discipline is required. Candidates holding a Master’s degree or professional certifications such as CFA, FRM, or CPA will be given preference.

Experience

At least five years of progressive experience in credit analysis, portfolio management, or risk assessment within a reputable bank or financial institution is essential. Experience in the Tanzanian market or East African region is highly advantageous.

Salary

The role offers a competitive salary ranging from SSP 3,500,000 to SSP 5,000,000 per annum, commensurate with experience and qualifications. Performance‑based bonuses and incentives are also part of the total remuneration package.

Benefits

• Comprehensive health insurance covering employee and dependents.
• Retirement savings plan with employer contributions.
• Annual leave of 30 days plus public holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• Onboarding program covering bank policies, systems, and compliance.
• Continuous learning opportunities through internal workshops, webinars, and external courses.
• Leadership development tracks for high‑potential employees.

Working Environment

The Iringa office provides a modern, collaborative workspace equipped with state‑of‑the‑art technology and secure data systems. The culture emphasizes integrity, innovation, and teamwork, encouraging employees to contribute ideas and drive positive change. Flexible working arrangements and a supportive management style foster work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining their suitability for the role via the online portal on the Standard Chartered Careers page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews.

Equal Opportunity Statement

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