New Vacancies at Equity Bank September 2026

Table of Contents

New Vacancies at Equity Bank September 2026,

1: Credit Risk Officer

Department/Division: Risk Department

Reports To: Manager Credit Risk

Experience Required: At least 1 Year

BASIC PURPOSE

To support effective credit risk management through portfolio monitoring, risk analysis, regulatory compliance, reporting and early identification of deteriorating credit exposures.

MAIN DUTIES AND RESPONSIBILITIES

Undertake periodic reviews of the credit portfolio and identify emerging risks and early warning signals.
Monitor portfolio quality, delinquency trends, concentrations and migration patterns.
Support appropriate classification of credit facilities and adequacy of provisions.
Review compliance with credit policies, regulatory requirements and approved credit standards.
Assess adequacy of underwriting controls and collateral management practices.
Conduct stress testing, vintage analysis and other portfolio analytics.
Prepare credit risk reports for management, committees and regulatory purposes.
Escalate significant credit risk concerns and recommend remedial actions.
Support audits, regulatory reviews and risk management projects.

KNOWLEDGE, SKILLS, QUALIFICATIONS AND EXPERIENCE

Knowledge

Understanding of credit risk management principles and banking operations.
Knowledge of BOT prudential regulations and risk governance requirements.
Understanding of portfolio monitoring, provisioning and IFRS 9 concepts.
Proficiency in Microsoft Excel and data analysis tools.

Skills

Strong analytical and problem-solving skills.
Proficiency in Microsoft Excel and data analysis tools.
Ability to analyse large datasets and prepare clear reports and dashboards.
Effective communication and report writing skills.
Attention to detail, integrity and confidentiality.
Ability to manage multiple priorities and meet deadlines.

Qualifications

Bachelor’s degree in Finance, Banking, Economics, Accounting, Statistics, Risk Management or related field.
Professional certification in Risk Management, Banking, Accounting or Audit is an added advantage.

WORK EXPERIENCE

At least one year of relevant experience in banking, risk management, audit, finance or credit-related functions.

2: Records Specialist

Reports To: Head of Credit Administration SDU

Function Level: Senior Officer

Department: Credit – SDU

Experience Required: Minimum 4 Years

BASIC PURPOSE

The Records Specialist – Credit Files is responsible for the effective management, maintenance, security, and accessibility of all credit-related customer files and documentation. The role ensures that credit files are accurately created, updated, stored, tracked, and archived in accordance with the Bank’s policies, regulatory requirements, and records management standards.

The incumbent supports efficient credit operations by maintaining complete and reliable records, facilitating timely retrieval of documents, monitoring file movements, and safeguarding confidential customer information.

The role plays a critical part in ensuring the integrity, completeness, and availability of credit records throughout the credit lifecycle, while supporting audit, compliance, risk management, and business requirements.

MAIN DUTIES AND RESPONSIBILITIES

Credit File Management

Establish, maintain, and manage physical and electronic credit files for all lending facilities in line with approved records management standards.
Ensure all required credit documentation is properly filed, indexed, labelled, and maintained in an organized manner.
Verify the completeness and accuracy of documents received before filing and escalate any missing or incomplete documentation.
Maintain an up-to-date credit files register/database capturing key customer and facility information.
Ensure all securities and collateral documents are maintained in safe custody and protected from loss, damage, unauthorized access, or misplacement.
Maintain an accurate and up-to-date securities database, ensuring all relevant information is properly recorded, including customer details, facility tenure, security type, property description, and status of documentation.
Conduct periodic inspections of securities files and storage facilities to verify correct placement, completeness, legibility, and integrity of documents.

Records Custody and Control

Safeguard all credit records against loss, damage, unauthorized access, alteration, or misplacement.
Monitor and track the movement of credit files through a controlled file-tracking system, ensuring proper authorization and accountability.
Ensure all confidential customer information is handled in accordance with the Bank’s information security and data privacy requirements.
Conduct periodic file inspections and reconciliations to confirm accuracy, completeness, and proper storage.
Monitor and track the movement of securities through the security register, ensuring proper authorization and accountability at all times.
Implement controls to minimize risks, losses, penalties, and operational incidents associated with the custody and management of securities.
Ensure all security documents are duly executed, accurately signed, perfected, and maintained in accordance with the Bank’s credit, legal, and regulatory requirements.
Maintain an efficient filing and retrieval system to facilitate timely access to securities when required.

Filing, Retrieval and Archiving

Maintain an efficient filing and retrieval system to facilitate timely access to credit files by authorized stakeholders.
Retrieve and provide credit files and related documentation to internal users, auditors, regulators, and other authorized parties as required.
Coordinate the archiving and disposal of credit records in accordance with the Bank’s retention schedules and regulatory requirements.
Ensure archived records are properly catalogued and can be retrieved within established service standards.
Support other stakeholders by providing accurate records and documentation relating to securities under custody.

Compliance and Risk Management

Ensure compliance with the Bank’s policies, procedures, regulatory requirements, and records management standards.
Identify and report records management risks, control weaknesses, and documentation exceptions.
Support internal and external audits by providing accurate records and documentation on a timely basis.
Assist in implementing controls that reduce operational risks associated with credit file management.
Ensure compliance with the Bank’s policies, procedures, regulatory requirements, and service standards relating to securities management.

Reporting and Administration

Prepare periodic reports relating to file inventory, file movements, missing documents, archived records, and outstanding exceptions.
Participate in records management improvement initiatives, digitization projects, and process enhancement activities.
Support business continuity and document recovery activities where required.
Perform any other duties assigned by management from time to time.
Prepare periodic reports on securities inventory, document movements, exceptions, and outstanding issues.
Perform any other duties as may be assigned by management from time to time.

EXPERIENCE

Minimum of 4 years’ experience in records management, document administration, credit administration, banking operations, or a related role.
Experience managing credit files, customer documentation, or banking records within a financial institution will be highly desirable.
Experience with electronic document management systems and records databases is an added advantage.

KNOWLEDGE AND SKILLS

Sound understanding of records management principles and practices.
Knowledge of banking operations, credit administration processes, and documentation requirements.
Understanding of regulatory, audit, and compliance requirements relating to record keeping.
Strong attention to detail and accuracy.
Excellent filing, indexing, and document control skills.
Strong organizational and time management abilities.
Good analytical and problem-solving skills.
Proficiency in Microsoft Office applications and records management systems.
Ability to maintain confidentiality and handle sensitive information with integrity.
Strong communication and stakeholder management skills.

KEY COMPETENCIES

Attention to Detail.
Integrity and Confidentiality.
Planning and Organizing.
Customer Focus.
Accountability.
Risk Awareness and Control.
Compliance Orientation.
Teamwork and Collaboration.
Continuous Improvement.
Results Orientation

3: Valuation Officer

Reports To: Head of Underwriting

Function Level: Senior Officer

Department: Credit – SDU

Experience Required: Minimum 3-5 Years

BASIC PURPOSE

The Valuation Officer is responsible for managing and overseeing the valuation of properties and other collateral pledged to the Bank as security for lending facilities. The role ensures that all valuations conducted by external valuers are independently reviewed for accuracy, completeness, compliance, and adequacy in supporting prudent credit decisions.

The incumbent is responsible for monitoring valuation validity, maintaining valuation records and trackers, assessing security coverage ratios, conducting collateral inspections and verifications, and ensuring compliance with the Bank’s policies, regulatory requirements, and valuation standards.

The role also provides market intelligence on property trends, supports internal stakeholders in credit and lending decisions, and ensures effective management of valuation service providers to support sound risk management and asset quality within the Bank.

MAIN DUTIES AND RESPONSIBILITIES

Valuation Management and Quality Assurance

Review and validate all valuation reports prepared by external valuers to ensure accuracy, completeness, reasonableness, and compliance with the Bank’s requirements before loan processing.
Ensure all collateral valuations remain current in accordance with the Bank’s policies and regulatory requirements.
Assess the adequacy of collateral values and security coverage ratios for credit facilities under consideration.
Evaluate the impact of collateral releases, substitutions, or discharges on existing security coverage and recommend appropriate actions.
Conduct internal verification and review of collateral pledged by customers and valued by independent professional valuers.
Ensure valuation reports comply with approved valuation methodologies, banking standards, and regulatory requirements.

Collateral Monitoring and Property Inspections

Conduct periodic inspections and verification visits of mortgaged properties to confirm existence, condition, occupancy, usage, and compliance with approved valuation assumptions.
Undertake quarterly site visits of mortgaged properties and prepare inspection reports highlighting any material changes affecting collateral value.
Monitor changes in market conditions and property values that may impact the Bank’s security position.
Recommend revaluations where significant changes in property conditions or market trends are identified.

Valuation Tracking and Records Management

Maintain an up-to-date valuation tracker and ensure monthly circulation to relevant stakeholders.
Track valuation expiry dates and initiate revaluation processes at least forty-five (45) days before expiry.
Maintain proper custody, filing, and safekeeping of valuation reports and supporting documents to ensure ease of retrieval.
Ensure valuation records are accurate, complete, and up to date at all times.

Vendor and Service Level Management

Coordinate valuation instructions to external valuers and ensure timely issuance of engagement letters.
Monitor the performance of external valuation firms against agreed service level agreements (SLAs).
Maintain effective working relationships with approved valuation service providers to ensure quality and timely service delivery.
Review turnaround times and report any service delivery issues affecting business operations.

Market Research and Industry Analysis

Conduct ongoing research and analysis of real estate markets and property industry developments.
Monitor trends, economic developments, market conditions, and regulatory changes that may impact property values and lending risks.
Participate in valuation, real estate, and property-related forums, conferences, and professional engagements to enhance industry knowledge and market awareness.
Provide management with periodic market intelligence reports and valuation insights.

Stakeholder Management

Develop and maintain strong working relationships with Credit, Risk, Legal, Business Banking, Corporate Banking, Operations, and other stakeholders.
Provide guidance and support on valuation matters relating to collateral assessment and credit decision-making.
Respond promptly to valuation-related requests and inquiries from internal and external stakeholders.

Compliance and Risk Management

Ensure full compliance with the Bank’s credit policies, valuation procedures, and risk management frameworks.
Ensure compliance with Bank of Tanzania (BOT) Prudential Regulations, local government by-laws, and applicable regulatory requirements.
Identify and escalate valuation risks, discrepancies, and exceptions that may expose the Bank to credit losses.
Support internal and external audits by providing valuation records and documentation as required.
Ensure adherence to operational risk controls and governance standards in all valuation-related activities.

Reporting

Prepare periodic reports on valuation status, revaluations, collateral inspections, expired valuations, SLA performance, and market trends.
Report exceptions, valuation concerns, and emerging property market risks to management.
Perform any other duties assigned by management from time to time.

EXPERIENCE

Minimum of 3-5 years’ experience in property valuation, collateral management, credit administration, mortgage operations, risk management, or a related role within a financial institution, valuation firm, or real estate organisation.
Practical experience in reviewing valuation reports, performing property inspections, and assessing collateral adequacy.
Experience working with external valuers and managing valuation service providers.
Knowledge of real estate market dynamics and property valuation methodologies.
Experience in banking credit operations and collateral risk management will be highly preferred.

KNOWLEDGE AND SKILLS

Strong knowledge of property valuation principles and practices.
Understanding of banking credit processes and collateral management requirements.
Knowledge of BOT Prudential Guidelines and lending regulations.
Ability to analyse valuation reports and assess collateral risks.
Strong analytical and report-writing skills.
Excellent stakeholder management and communication skills.
High attention to detail and accuracy.
Strong planning, organisational, and project coordination skills.
Proficiency in Microsoft Office applications and valuation tracking systems.
Ability to conduct property inspections and market analysis.

CORE COMPETENCIES

Analytical Thinking.
Attention to Detail.
Risk Awareness.
Customer Focus.
Integrity and Professional Ethics.
Compliance Orientation.
Planning and Organizing.
Relationship Management.
Problem Solving.
Results Orientation.
Market Awareness.
Accountability.

EQUAL OPPORTUNITY

Equity Bank is an equal opportunity employer. We value the diversity of individuals, ideas, perspectives, insights and values, and what they bring to the workplace.

DATA PROTECTION AND PRIVACY

By submitting your application, you consent to Equity Bank Tanzania Limited collecting and processing your personal data strictly for recruitment, selection, and, where applicable, employment purposes.

Equity Bank Tanzania Limited will process your personal data in accordance with the Data Protection and Privacy Act, Cap 97, and its Data Privacy Policy.

Your personal information will be treated with the highest level of confidentiality and will not be shared with unauthorized third parties, except where disclosure is required by law or regulatory obligation.

HOW TO APPLY

If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit: