Overview

Job Title: Credit Manager

Work location: Dar es Salaam

Serene Microfinance Limited

 

The Serene Microfinance Limited has been a developing and increasing organization since its inception, offering financial solutions to numerous individuals and businesses. Serene Microfinance Ltd stands out as a good example for its unique contribution to reaching all types of consumers in Tanzania with micro-loans, having operations in several parts of Dar es Salaam City, the surrounding regions, and throughout Tanzania.

Serene Microfinance LTD is looking for a skilled CREDIT MANAGER to oversee the credit department and its staff in order to ensure business growth and the attainment of Microfinance’s strategic goals.

 

JOB RESPONSIBILITIES OF CREDIT MANAGER

General Responsibility

  • Oversee the microfinance lending process by maintaining a high-quality loan portfolio and ensuring that customers repay their loans on time.

Core Tasks

  • To establish, improve, and review microfinance credit policies, operational procedures, and rules.
  • Oversee the microfinance lending process by assessing the creditworthiness of potential consumers and conducting regular evaluations of existing clients.
  • Monitor the loan approval and rejection process using available data and microfinance lending policies and processes.
  • Ensure that all loans and lending methods conform with Microfinance regulations.
  • The monitoring and updating records for all microfinance loans (disbursed, repaid, and past due).
  • To increase microfinance sales, monitor loan repayments and prevent bad debts by guaranteeing a quality loan portfolio.
  • Carry out loan restructuring for bad debt following a thorough review and negotiation with the customer.
  • To be inventive and advise on effective loan management technologies.
  • To compile and communicate a daily, weekly, monthly, quarterly, semi-annual, and yearly credit report.
  • Monitor daily, weekly, monthly, quarterly, semi-annual, and annual reports from subordinates (Loan, Recovery, Risk, and Marketing Officers).
  • Monitoring how loan officers carry out their tasks.

THE EDUCATIONAL QUALIFICATIONS AND EXPERIENCE:

  • Holds a university degree or comparable qualification in business administration, finance, or a related sector.
  • A minimum of 2 (two) years of experience in a similar capacity.

 

The Application Deadline:
Please submit your application in ONE PDF format, along with a full CV, cover letter, and academic certificates, to the address below by August 27th, 2025.

TAKE NOTE: All submissions should be delivered via email and addressed to:

The Human Resources and Administration Manager,

Serene Microfinance Ltd.,

P.O. Box 33813

Mikocheni B on Bima Road,

Email: recruitment@serenemicrofinance.co.tz.

Take Note: Only shortlisted candidates will be contacted.

“Serene is an Equal Employment Opportunity Company.

Both men and women are welcome to apply.