Credit Manager
2025-09-29T12:29:11+00:00
LOLC Finance Zambia Limited
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FULL_TIME
Lusaka
Lusaka
10101
Zambia
Financial Services
Management
2025-10-06T17:00:00+00:00
Zambia
8
Overall Objectives:
To lead and manage the credit department, ensuring sound credit practices, regulatory compliance, and the development of a strong credit culture. The role is critical in maintaining portfolio quality, managing credit risk, and supporting business growth, particularly in the SME segment.
Key Responsibilities:
- Oversee the appraisal of credit requests, ensuring alignment with lending guidelines and thorough risk assessment.
- Review and approve credit proposals, maintaining a prudent balance between risk and return.
- Ensure all lending activities comply with internal policies and regulatory requirements.
- Lead and supervise a team of credit approvers and analysts, ensuring timely and high-quality credit decisions.
- Evaluate SME credit applications and provide constructive feedback in line with policy and approval matrices.
- Review assessments conducted by SME Credit Analysts and ensure consistency in evaluation standards.
- Coordinate credit operations to ensure deliverables are met within stipulated timelines.
- Develop, implement, and monitor credit programs; provide training and coaching to enhance team capabilities.
- Strengthen the Credit Reporting & Monitoring framework to meet internal and external stakeholder requirements.
- Collaborate with Legal and Compliance teams to ensure proper documentation and legal safeguards in credit processes.
- Ensure timely and accurate preparation and submission of credit reports
Qualifications & Experience:
- Full Grade 12 Certificate with credits in English and Mathematics.
- Bachelor’s Degree in Finance, Banking, Business Administration, or a related field. Professional certifications (e.g., ZICA, ACCA) are an added advantage.
- Minimum of 5 years’ experience in credit risk management, with at least 2 years in a managerial role.
- Experience in a Non-Bank Financial Institution (NBFI) or Microfinance environment is highly desirable.
- Strong understanding of credit analysis, policies, and risk mitigation strategies.
- Proficiency in financial analysis tools and lending software.
- Advanced Excel skills and strong analytical capabilities.
- Excellent communication, leadership, and interpersonal skills.
Oversee the appraisal of credit requests, ensuring alignment with lending guidelines and thorough risk assessment. Review and approve credit proposals, maintaining a prudent balance between risk and return. Ensure all lending activities comply with internal policies and regulatory requirements. Lead and supervise a team of credit approvers and analysts, ensuring timely and high-quality credit decisions. Evaluate SME credit applications and provide constructive feedback in line with policy and approval matrices. Review assessments conducted by SME Credit Analysts and ensure consistency in evaluation standards. Coordinate credit operations to ensure deliverables are met within stipulated timelines. Develop, implement, and monitor credit programs; provide training and coaching to enhance team capabilities. Strengthen the Credit Reporting & Monitoring framework to meet internal and external stakeholder requirements. Collaborate with Legal and Compliance teams to ensure proper documentation and legal safeguards in credit processes. Ensure timely and accurate preparation and submission of credit reports
Full Grade 12 Certificate with credits in English and Mathematics. Bachelor’s Degree in Finance, Banking, Business Administration, or a related field. Professional certifications (e.g., ZICA, ACCA) are an added advantage. Minimum of 5 years’ experience in credit risk management, with at least 2 years in a managerial role. Experience in a Non-Bank Financial Institution (NBFI) or Microfinance environment is highly desirable. Strong understanding of credit analysis, policies, and risk mitigation strategies. Proficiency in financial analysis tools and lending software. Advanced Excel skills and strong analytical capabilities. Excellent communication, leadership, and interpersonal skills.
JOB-68da7b970adb8
Vacancy title:
Credit Manager
[Type: FULL_TIME, Industry: Financial Services, Category: Management]
Jobs at:
LOLC Finance Zambia Limited
Deadline of this Job:
Monday, October 6 2025
Duty Station:
Lusaka | Lusaka | Zambia
Summary
Date Posted: Monday, September 29 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Overall Objectives:
To lead and manage the credit department, ensuring sound credit practices, regulatory compliance, and the development of a strong credit culture. The role is critical in maintaining portfolio quality, managing credit risk, and supporting business growth, particularly in the SME segment.
Key Responsibilities:
- Oversee the appraisal of credit requests, ensuring alignment with lending guidelines and thorough risk assessment.
- Review and approve credit proposals, maintaining a prudent balance between risk and return.
- Ensure all lending activities comply with internal policies and regulatory requirements.
- Lead and supervise a team of credit approvers and analysts, ensuring timely and high-quality credit decisions.
- Evaluate SME credit applications and provide constructive feedback in line with policy and approval matrices.
- Review assessments conducted by SME Credit Analysts and ensure consistency in evaluation standards.
- Coordinate credit operations to ensure deliverables are met within stipulated timelines.
- Develop, implement, and monitor credit programs; provide training and coaching to enhance team capabilities.
- Strengthen the Credit Reporting & Monitoring framework to meet internal and external stakeholder requirements.
- Collaborate with Legal and Compliance teams to ensure proper documentation and legal safeguards in credit processes.
- Ensure timely and accurate preparation and submission of credit reports
Qualifications & Experience:
- Full Grade 12 Certificate with credits in English and Mathematics.
- Bachelor’s Degree in Finance, Banking, Business Administration, or a related field. Professional certifications (e.g., ZICA, ACCA) are an added advantage.
- Minimum of 5 years’ experience in credit risk management, with at least 2 years in a managerial role.
- Experience in a Non-Bank Financial Institution (NBFI) or Microfinance environment is highly desirable.
- Strong understanding of credit analysis, policies, and risk mitigation strategies.
- Proficiency in financial analysis tools and lending software.
- Advanced Excel skills and strong analytical capabilities.
- Excellent communication, leadership, and interpersonal skills.
Work Hours: 8
Experience in Months: 60
Level of Education: bachelor degree
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