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2x Credit Officer II at SELF MF For January 2024

Credit Officer II at SELF MF For January 2024

Job Vacancy: Credit Officer II at SELF MF (Mfuko wa Self)

SELF Microfinance Fund Limited (SELF MF) is a corporate entity under the Ministry of Finance. It was incorporated on 4th September, 2014 to take over the operations and obligations of SELF Project. SELF MF is registered as a Limited Liability Company by Guarantee under the Companies Act, 2002 of the United Republic of Tanzania with registration number 112091. It is wholly owned by the Government of the United Republic of Tanzania through the Treasury Registrar.

APPLICATION TIMELINE:2024-01-05 2024-01-18


  • To undertake awareness raising and sensitization of wholesale and retail clients;
  • To conduct area mapping and active marketing campaigns by paying visits to potential customers in order to attract new clients;
  • To closely liaise with Fund’s borrowers to ensure timely loan repayments;
  • To conduct credit appraisals for loan applicants and recommend eligible borrowers;
  • To prepare and present credit appraisal reports to the Branch Manager for review and approval as defined in the Fund’s approval matrix;
  • To ensure the Branch meets or exceeds the loan targets as agreed upon in the business plan;
  • To conduct client de-briefing during loan releases;
  • To report and assist the Fund’s Legal Officer in litigation matters against borrower clients; 
  • To prepare and present credit applications to the Branch Manager for review and recommendation for approval by the relevant authority;
  • To prepare and submit   loan portfolio management reports to the Branch Manager for review and guidance; 
  • To file out loan applications, credit analysis, and loan request summaries and submitting the same to loan committees for approval;
  • To ensure post-disbursement compliance with approved terms and conditions as well as reviewing expiry of credits, progress of repayment, insurance, and post fact mortgage;
  • To assist in controlling the recording, deposit, and withdrawal of security documentation; 
  • To be responsible for collateral valuation, monitoring, and reconciliation with the same with original documents; 
  • To ensure compliance with credit approval terms, conditions, and regulatory requirements; 
  • To prepare loan agreements and ensuring that they are complete and accurate according to applicable policies;
  • To evaluate clients’ credit data and financial statements in order to determine the degree of risks involved in lending money to the clients;
  • To consult credit associations and references to exchange credit information on clients;
  • To evaluate the financial status of clients by producing financial ratios; 
  • To make recommendations about procedural/policy changes; and
  • To perform any other duties as may be assigned by his/her supervisor.


Holders of Bachelor Degree in one of the following fields: Finance, Banking, Financial Management, Development Finance and Investment Planning, Microfinance, Accounting, Entrepreneurship, Economics, Agricultural Economics, Commerce or Business Administration majoring in either Finance, Banking, Microfinance, Accounting, Entrepreneurship or equivalent qualification from a recognized institution


Deadline for application is 18th January, 2024 Only shortlisted candidates will be informed on a date for interview and Presentation of forged certificates and other information will necessitate to legal action.


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