Overview

Job Title: Senior Officer, Business Performance and Covenant Monitoring

Work location: Dar es Salaam

Mwanga Hakika Bank

 

 

 

The Mwanga Hakika Bank Limited (MHB) is a full-fledged commercial bank owned entirely by Tanzanians. We have an amazing opportunity for eager and committed individuals to join our dynamic and developing team at the following open position.

 

 

The Purpose of the Role:

To assist the Business Divisions by assuring effective monitoring and compliance with credit facility covenants (particularly account turnovers), tracking the performance of business pipelines and actualizations, and delivering timely performance analysis against established targets. The role will also include proactive engagement with internal and external stakeholders to identify and address gaps in company performance, resulting in increased portfolio expansion, revenue growth, and service excellence.

 

A summary of key duties and responsibilities.

  • To track and monitor all credit facility covenants, with an emphasis on account turnover compliance.
  • To liaise with Relationship Managers and Credit Teams to ensure that any observed breaches or impending noncompliance are addressed promptly.
  • Keep an up-to-date covenant register and generate periodic covenant compliance reports.
  • To monitor the business deal pipeline throughout the division, from lead creation to deal conclusion.
  • To track pipeline actualization rates and provide regular information to business leaders.
  • To highlight delayed opportunities and follow up with the responsible personnel to increase conversion.
  • Compare actual performance to business targets across key measures (for example, revenue, facility disbursements, and account activity).
  • Provide reliable data and insights for periodic business evaluations and strategy discussions.
  • Engage with Relationship Managers, Branch Managers, and Product Teams to identify performance gaps and covenant issues.
  • To support the creation and implementation of corrective action plans in areas where performance is lagging.
  • To serve as a key liaison between the Business and Support functions in terms of performance tracking and covenant management.
  • To participate in and support unique projects or initiatives focused on business transformation, growth, and operational improvement.

 

Job Qualifications:

  • A Bachelor’s degree in finance, banking, business administration, economics, or a similar discipline.
  • Minimum of three years of banking experience, ideally in credit, business support, analytics, or portfolio management.
  • A thorough understanding of credit facilities, financial covenants, and banking procedures.
  • A proficient with data analysis and reporting tools (Excel, Power BI, MIS systems, etc.).

 

 

The Knowledge and Skills:

  • Bachelor’s degree in finance, banking, business administration, economics, or a similar discipline.
  • A minimum of three years of banking experience, ideally in credit, business support, analytics, or portfolio management.
  • A thorough understanding of credit facilities, financial covenants, and banking procedures.
  • Proficient with data analysis and reporting tools (Excel, Power BI, MIS systems, etc.).

 

 

The interested candidates may submit their applications to Mwanga Hakika Bank | Career Page (careers-page.com).

The deadline for applications is May 29th, 2025.

Only the shortlisted candidates will be contacted.