Are you ready to take your banking career to the next level? DCB Commercial Bank Plc, one of Tanzania’s leading retail and commercial banks, is calling on experienced and ambitious professionals to join their dynamic team. With a network of over 9 branches, 700+ DCB Wakala Agents, and access to more than 280 Umoja switch ATMs, DCB serves over 3 million customers nationwide—offering a strong platform for growth and impact. DCB Commercial Bank Vacancies June 2025
Whether you’re a seasoned credit analyst or a meticulous finance professional with a knack for reconciliation, this could be your moment to shine. DCB is currently hiring for two senior roles: Credit Risk Manager – Retail Banking and Reconciliation Manager. Below is everything you need to know about these exciting vacancies.
Credit Risk Manager – Retail Banking
Location: Tanzania
Reference Number: DCB/CR/CRM-05/2025
As Credit Risk Manager, you will take charge of credit-risk management for the Bank’s Personal and Micro-Retail portfolio. This includes overseeing unsecured salary-deduction loans, secured personal loans, and group-based lending. Your leadership will be instrumental in safeguarding the bank’s assets while supporting customer access to financial solutions.
Key Responsibilities:
- Develop and enforce product-specific credit policies for personal banking and microfinance loans.
- Lead risk assessments for new employer/scheme agreements and product changes; present recommendations to the Credit Committee.
- Approve or decline credit applications within your authority and escalate as necessary with well-documented analysis.
- Ensure compliance with both internal credit policies and external regulatory requirements.
- Monitor and manage the micro-credit portfolio to prevent loan defaults or deterioration.
- Review and recommend accounts for restructuring or write-offs.
- Maintain accurate loan system administration and documentation.
- Prepare regular performance reports (weekly, monthly, quarterly).
- Reconcile employer payroll files with treasury inputs before system uploads.
- Check disbursed loans against set product criteria for exceptions and follow-ups.
Qualifications and Experience:
- Bachelor’s degree in Finance, Accounting, Economics, or related fields (Master’s degree is an added advantage).
- 5–8 years of experience in credit risk assessment, portfolio management, and regulatory compliance.
- Strong analytical, decision-making, and interpersonal skills.
- Ability to work independently and under pressure.
- Proven leadership and team management experience.
Reconciliation Manager
Location: Tanzania
Reference Number: DCB/FD/RM-05/2025
As Reconciliation Manager, you’ll oversee the end-to-end reconciliation of financial transactions, ensuring accuracy, compliance, and efficiency across all banking operations. Your role will involve leading a team, improving controls, and collaborating with cross-functional departments to support innovation and operational excellence.
Key Responsibilities:
- Conduct daily, weekly, and monthly reconciliations of bank accounts, ledgers, payment systems, and third-party transactions.
- Investigate and resolve variances between internal records and external data.
- Enhance reconciliation systems and controls to mitigate financial risk.
- Lead and coach a high-performing reconciliation team.
- Partner with IT, Finance, and Compliance teams to support seamless process improvements.
- Generate and present exception reports to senior leadership.
- Assist with internal and external audits by providing accurate documentation.
- Ensure adherence to both internal controls and regulatory compliance frameworks.
Qualifications and Experience:
- Bachelor’s degree in Finance, Accounting, or Business Administration.
- Minimum of 5 years in financial reconciliation within a financial institution.
- Strong leadership and team management background.
- In-depth knowledge of banking operations, payment systems, and compliance requirements.
How to Apply
If you are the right candidate for either position, don’t miss this opportunity, DCB Commercial Bank Vacancies June 2025
What to Submit:
- Detailed CV
- Photocopies of academic certificates
- Names and contact details of three referees
Send your application to: recruitment@dcb.co.tz, Deadline: 10th June 2025, Note: Hard copy applications will not be accepted. Join DCB Commercial Bank and be part of a forward-thinking institution shaping the future of financial services in Tanzania. For more information and updates on job opportunities, visit Elimu Times.
