Financing Officer Job At The People’s Bank of Zanzibar Limited (PBZ) September 2020

Nafasi za kazi Bank ya watu wa Zanzibar(PBZ)-Financing Officer September 2020


Nafasi za kazi Bank ya watu wa Zanzibar(PBZ)-Financing Officer September 2020

Location : Unguja 4, Pemba 2, Mtwara 1
Position objectives:

Facilitate the financing process after verifying the creditworthiness of the customer and reviewing loan process in compliance with Islamic banking.

Education and Experience:
Holder of Bachelor of Banking and Finance, Economics, Islamic Banking or Accounting from any recognized University.

Key skills and Competencies:

  • Professional qualifications such as CPB and equivalent shall be an added advantage
  • experience in internship in bank branch operations
  • Strong numerical ability
  • Good listening and communication skills (writing and presentation) in English and Kiswahili
  • Customer service orientation
  • Computer literacy
  • Some experience at bank branch operations would be desirable.
  • Knowledge and experience in Islamic banking will be an added advantage.
  • Smart and presentable individual
  • Strong communication Able to work independently and efficiently

Duties and Responsibility

  • Evaluate the assigned quality of the finance portfolio and recommend appropriate actions to be taken on non performing financing.
  • Analyze the position of overdrafts and financing accounts against the proposed repayment schedule.
  • Report to the supervisor on early warning signs leading to financing default.
  • Monitor repayment performance of financing and advise supervisor appropriately.
  • Monitor movement of approved facilities through the overdraft (OD) list and ensure they are within the agreed terms and conditions.
  • Monitor receivable account to ensure it is correctly accrued and posted in the respective accounts as well as ensuring the Bank’s income is realized.
  • Ensure that stipulated financing returns by the Bank and BOT are prepared and timely submitted to respective authorities.
  • Prepare financing reports for management and other users.
  • Prepare regularly all periodic reports (weekly, monthly, and quarterly) and ensure their timely submission to respective units.
  • Monitor financing/overdrafts re-payments made by customers.
  • Ensure customers’ compliance to IBD’s financing Policy, financing Manual, financing strategy, management circulars and directives and Bank of Tanzania Regulations.
  • Attend to queries raised on issues related to financing supervision and monitoring.
  • Review and analyze possible recovery options for each finance recovery account, prepare finance recovery appraisal report and strategy and recommend for approval by appropriate approving authority.
  • Update the database of defaulters mortgaged sold by bank.
  • Update list of blacklisted customers and use the same for clearance of new financing applications.
  • Any other duties as may be assigned by Supervisor from time to time.

Terms of Service

  • Three (3) years contract (Renewable).
  • Age limit of not more than thirty-five (35) years as at 30th September, 2020


All applications should be addressed to:
The Managing Director
The People’s Bank of Zanzibar Ltd
P.O.BOX 1173

Application Deadline: All applications should be submitted not later than 11th September, 2020.


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