Discover a New Career: MI & Impairment Manager Role at NBC Bank

Explore a Dynamic Career Opportunity: MI & Impairment Manager at NBC Bank

Are you ready to take your career to the next level with a leading financial institution? NBC Bank, the oldest bank in Tanzania with over fifty years of dedicated service, is seeking a talented MI & Impairment Manager to join their team in Dar es Salaam. This role offers a unique opportunity to manage critical data processes and contribute to the bank’s strategic decision-making.

Position: MI & Impairment Manager

Location: Dar es Salaam, Tanzania
Company: NBC Bank

Role Overview

As the MI & Impairment Manager, you will play a pivotal role in overseeing data quality and reconciliation processes, ensuring accurate and timely reporting, and supporting various business models. Your responsibilities will include:

• Data Quality Management (20%)

  • Ensure data integrity by comparing data from Group IT with local servers.
  • Identify and resolve data anomalies, suggesting IT solutions as needed.
  • Continuously improve reporting processes and tools for better efficiency.
  • Manage end-to-end MI reporting, ensuring accuracy and timeliness.

• Reconciliation of Reports (20%)

  • Prepare and manage input files for reconciliation between Retail Risk and Finance.
  • Use SAS codes to perform reconciliations and address data mismatches.
  • Obtain necessary sign-offs from Finance and Credit Risk Heads.

• Retail Portfolio Forecasts (20%)

  • Develop and document models for Retail forecasts such as STP, RAF, and MTP.
  • Present forecasts and document assumptions, managing deviations against actuals.

• Impairment Reporting (10%)

  • Prepare and validate impairment numbers for daily and periodic submissions.
  • Provide detailed MI reports for the NBC Impairment Committee and investigate anomalies.

• Compliance with Impairment Model Risk Policy (10%)

  • Ensure adherence to the Impairment Model Risk Policy and manage key parameters like PD and LGD.

• Support to Business Models (10%)

  • Analyze and support business models impacting credit risk.
  • Suggest improvements and coordinate the preparation of reports on retail impairments.

• Regulatory Reporting (5%)

  • Prepare monthly and periodic reports for regulatory provisioning related to retail impairments.

• Retail Portfolio Write-Offs (5%)

  • Review accounts for regulatory and internal write-offs and forecast impacts on the portfolio.

Qualifications and Experience

• Bachelor’s or Master’s degree in Accounting, Banking, Finance, Economics, Statistics, or Risk Management.
• Minimum 2 years in Credit Risk Management, with at least 1 year in a banking environment.
• Proven experience in portfolio performance management and financial reporting.

Key Skills

• Advanced analytical skills
• Ability to work under pressure
• Strong communication and interpersonal skills
• Proficiency in Microsoft Office and relevant IT systems
• Experience in risk management and business analysis

If you are a detail-oriented professional with a strong background in credit risk management and data analysis, this role offers a fantastic opportunity to advance your career with NBC Bank.

Click here to apply

Take the next step in your career journey and contribute to the continued success of Tanzania’s premier bank.