Overview
Work History
Education
Skills
Interests
Work Preference
Certification
Timeline
Generic

Abubakar Juma Adam

Accountant
Dar es Salaam,02

Overview

13
13
years of professional experience

Work History

Senior Manager Credit Risk

DCB BANK LIMITED
Dar Es Salaam, Dar es Salaam
06.2024 - Current
  • Lead and manage the credit team, providing guidance, coaching, support and training as needed
  • Oversee the evaluation of loans applications, both for business, personal lending, micro credit and solidarity group loans
  • Ensure adherence to established lending criteria and regulatory requirements
  • Implementing effective strategies to balance the company’s lending goals while maintaining a sound credit risk profile
  • Monitor and Manage credit risk associated with the loan portfolio
  • This includes monitoring and determination of early warning signs in the credit portfolio and implementation of strategies to minimize the credit risk
  • Analyze credit data, financial statements and economic trends to identify and address emerging risks
  • Perform checks on the credit administration process to ensure that credit facilities are booked under approved terms in relation to fees, interest, tenure and other covenants associated with the credit facilities
  • Collaborate with other departments, such as commercial branches, to align lending goals with overall business objectives
  • Ensure that regulatory requirements are adhered to for all credit related matters, and regulatory report are timely submitted to the Bank of Tanzania
  • Perform other duties as assigned from time to time.

Head of Credit

Ag
11.2023 - 01.2024
  • Overall, in charge of credit department – credit underwriting, credit monitoring and recovery
  • Ensuring credit policy is adhered
  • Member of EXCOM committee of the bank
  • Prepare and administer strategic plan of the department
  • Approving credit facilities to the maximum of TZS 50 mil
  • Approving and recommending facilities under Credico and BCC for loans above TZS 50 mil
  • Presenting board performance report for credit department
  • Any other duties assigned by Managing Director
  • Achievement – Handover portfolio to incoming Head of Credit with NPL rate of 5.5% as end of quarter 4 2023 from received NPL of 10.8% as of end of quarter 3 2023.

Senior Manager Credit Underwriting

05.2023 - 11.2023
  • Responsible for underwriting all types of loans and preparing in-depth credit packages and presentations
  • Overseeing analysis, evaluation, and underwriting of proposed credit facilities for customers and prospects
  • Working with relationship managers and credit analysts in assessing credit opportunities, identifying key risks, and designing alternative credit deal structures
  • Conducting research on borrowers and industries
  • Leading the process of annual reviews, modifications, extensions, renewals, and new loan requests for customers with minimal required changes from the credit committee
  • Applying experience with comparable credits to recommend appropriate covenants, terms, and conditions, and structure for a credit request
  • Communicating risk ratings and the rationale for the determination of acceptable credits with the relationship managers and credit committee
  • Ensuring that the underwriting process is compliant with bank’s policies and procedures, and central bank’s regulations
  • Achievement - Great management on portfolio risk from underwriting, administration and monitoring hence promoted to other challenges of administration and monitoring of credit portfolio
  • Hence grew from Senior Manager Credit Underwriting specialize in credit underwriting issues to Senior Manager Credit Risk dealing with underwriting, administration and monitoring of whole credit portfolio.

Senior Financing Analyst - (Senior Manager

AMANA BANK LIMITED
03.2021 - 10.2023
  • Attending all duties of Head of Credit during his absence
  • Monitoring and supervising duties of credit administrators and credit analyst
  • Checking all reports prepared by credit unit before presenting to Head of Credit or Management Credit Comitte and Board of Credit Committee
  • Analyze, compiling, and recommending credit proposal to Head of Credit
  • To utilize industry risk analysis available to identify and understand contextual threats to existing and potential clients in relation to credit risk
  • To maintain and update portfolio diary so as to make sure all pre-and post-approval conditions are in place
  • Analyzing and compiling credit appraisal for reviews of all corporate customers and some SME customers
  • To ensure the overall departmental rating of internal, external, BOT and sharia reviews is at satisfactory level of all time.

Head

Ag
10.2019 - 02.2021
  • Year and 5 months
  • Ensure the bank’s credit policies are adhered to
  • Assess, compile, and submit credit proposals to Management Credit Committee and Board Credit Committee for recommendation/approval
  • Ensure that all exposures are continuously monitored, and early warning signs are identified and appropriately acted upon
  • Submission of all necessary reports to the Management Credit Committee
  • Ensure compliance of impairment calculations to regulatory requirements
  • Recommend appropriate risk mitigation and initiatives
  • Identify knowledge gaps to processes and determine training and coaching focus areas for the team
  • Design and develop appropriate tracking mechanisms to monitor credit performance
  • Where necessary interact with clients on credit related matters
  • Achievement: Able to achieve non-Performing rate of 4.9% as of 31.12.2020 as per BOT regulation which was the highest performance from above 10% on previous quarters.

Senior Credit Analyst

AMANA BANK LIMITED
07.2018 - 09.2019
  • Attending all duties of Head of Credit during his/her absence
  • Monitoring and supervising duties of credit administrators and credit analyst
  • Checking all reports prepared by the credit unit before presenting them to Head of Credit or General managers
  • Analyze, compiling, and recommending credit proposals to Head of Credit
  • To utilize industry risk analysis available to identify and understand contextual threats to existing and potential clients in relation to credit risk
  • To maintain and update the portfolio diary so as to make sure all pre-and post-approval conditions are in place
  • Analyzing and compiling credit appraisal for reviews of all Corporate customers and some SME customers
  • To ensure the overall departmental rating of internal, external, BOT and sharia reviews is at satisfactory level of all time.

Credit Analyst

AMANA BANK LIMITED
04.2015 - 06.2018
  • Analyze, compiling, and recommending credit proposals to Credit Manager
  • Build a relationship with RMs and Branch Managers to improve the quality of business proposals and turnaround time on credit appraisals
  • To utilize industry risk analysis available to identify and understand contextual threats to existing and potential clients in relation to credit risk
  • On time, reviewing all the set of documents after its preparation and recommending for signature to Credit Manager
  • To ensure preparation of all documents associated with credit process are in place immediately after approval of authorized committee
  • To maintain and update the portfolio diary so as to make sure all pre-and post-approval conditions are in place
  • Analyzing and compiling credit appraisal for reviews of all SME customers
  • To ensure overdue reviews & Covenant monitory diary is in place
  • To ensure the overall departmental rating of internal, external, BOT and sharia reviews is at satisfactory level of all time.

Credit Administrator

AMANA BANK LIMITED
09.2014 - 03.2015
  • Ensure that all the necessary controls and systems are in place to address the risks encountered in the post-credit grating stage of the credit process
  • To insure adherence and compliance to all process, policies, and procedures
  • To prepare and all necessary documents and recommend to line manager after approval for drawdown of funds once satisfied that all terms and conditions of sanctions/covenants have been met and all required collateral have been obtained and are in place
  • To insure close monitoring on pre- and post-approval conditions
  • To prepare set documents of Murabaha for all approved facilities
  • To insure closely follow up on inventories on daily basis
  • Keep up to date of review dates, profits mark up, insurance, valuation reports and limits relating to the existing facilities
  • Ensuring that the above information is at all times correct and current
  • Where discrepancies/irregularities are evident, corrective action to be taken without delay
  • Action of internal and External Audit reports and ensure that any shortcomings highlighted have been sufficiently addressed
  • Keep internal audit Issue tracking up to date and ensure that the matters which are adequately address are referred to line manager for approval before sending the completed issues to Internal Audit for sign off
  • Place accounts identified as problematic on the watch list to reflect their current irregular status
  • Identify accounts that are problematic and take them up with Business Unit to ensure that remedial action is taken to regularize the exposure and or escalate them to Rehabilitation and Recoveries team
  • Ensure compliance with all relevant regulatory and statutory requirements
  • Coordinate and close all issues from Head Office on actions required
  • Compile information as and when called for by the Head of Credit
  • Ensure that accounts identified as irregular are developed with the respective
  • Relationship manager to ensure that remedial action is taken to regularize the exposure and or escalate them to Credit Manager.

Account Opening Officer

AMANA BANK LIMITED
05.2013 - 08.2014
  • Input all account opening information into system [ flexcube] - Checking the accuracy of accounts opening form
  • Control SMS banking and internet banking connection and applications
  • Monitor fraud accounts and suspicious transactions -Monitor large transactions
  • Keep internal audit Issue tracking up to date and ensure that the matters which are adequately address are referred to line manager for approval.

Relationship Officer

AMANA BANK LIMITED
10.2012 - 04.2013
  • Selling bank products to customers
  • Make daily report on sales Activities
  • Accomplish account opening documentation
  • Initiate loan applications to managers for further approval -Maintain relation between customer and bank.

Branch Operation Officer

AMANA BANK LIMITED
03.2012 - 09.2012
  • Cheque preparations and clearing
  • Customer care
  • ATM reconciliations
  • Petty cash snap check
  • Account opening duties
  • Sales and marketing of Bank products
  • Customer loans assessments
  • Telling duties
  • Posting data to FLEXCUBE and EXEL SHEETS.

Education

Master of Business Administration - Marketing

Open University
2024

Bachelor of Accountancy - undefined

Accountancy Institute of Finance Management, Benjamini W. Mkapa High School
January 2011

O - Level -

Kirinjiko Islamic Secondary School
2008

TRAININGS & MEMBERSHIP Certified Public Accountant - Candidate National Board of Accountants and Auditors -NBAA Certified Shari’ah Advisor and Auditor (CSAA) Accounting and Auditing Organization for Islamic Financial Institutions - undefined

2005

Certificate of Agricultural Finance - undefined

Tanzania Institute of Bankers
September 2023

undefined

21st

Certificate of Credit Risk Management for Banking Institutions; Regulatory respective - undefined

Bank of Tanzania
September 2018

Certificate of Customer Care Marketing class Tanzania - undefined

26th June 2015

2009 Membership Member of National board of Auditors and Accountants Bank Guarantee Certificate Yield for Learning Standby Letter of Credit Certificate Yield for Learning - undefined

July

Skills

  • COMPUTER LITERACY
  • Introduction to Computer (Hardware connection and computer general settings)
  • Microsoft office (MS Word, MS Excel, MS power point etc)
  • MIS and Computer Application (data storing, data back-up etc)
  • Accounting Package (TALLY)

Interests

36655, Kigamboni, DSM Date & Place of birth05th September 1987 – Dar es Salaam

Work Preference

Work Type

Full Time

Work Location

On-SiteRemoteHybrid

Important To Me

Career advancementWork-life balancePersonal development programs

Certification

Certified Sharia's Auditor and Advisor from Accounting and Auditing Organization for Islamic Financial Institutions(AAOIFI)

Timeline

Senior Manager Credit Risk

DCB BANK LIMITED
06.2024 - Current

Head of Credit

Ag
11.2023 - 01.2024

Senior Manager Credit Underwriting

05.2023 - 11.2023

Senior Financing Analyst - (Senior Manager

AMANA BANK LIMITED
03.2021 - 10.2023

Head

Ag
10.2019 - 02.2021

Senior Credit Analyst

AMANA BANK LIMITED
07.2018 - 09.2019

Credit Analyst

AMANA BANK LIMITED
04.2015 - 06.2018

Credit Administrator

AMANA BANK LIMITED
09.2014 - 03.2015

Account Opening Officer

AMANA BANK LIMITED
05.2013 - 08.2014

Relationship Officer

AMANA BANK LIMITED
10.2012 - 04.2013

Branch Operation Officer

AMANA BANK LIMITED
03.2012 - 09.2012

Master of Business Administration - Marketing

Open University

Bachelor of Accountancy - undefined

Accountancy Institute of Finance Management, Benjamini W. Mkapa High School

O - Level -

Kirinjiko Islamic Secondary School

TRAININGS & MEMBERSHIP Certified Public Accountant - Candidate National Board of Accountants and Auditors -NBAA Certified Shari’ah Advisor and Auditor (CSAA) Accounting and Auditing Organization for Islamic Financial Institutions - undefined

Certificate of Agricultural Finance - undefined

Tanzania Institute of Bankers

Certificate of Credit Risk Management for Banking Institutions; Regulatory respective - undefined

Bank of Tanzania

Certificate of Customer Care Marketing class Tanzania - undefined

2009 Membership Member of National board of Auditors and Accountants Bank Guarantee Certificate Yield for Learning Standby Letter of Credit Certificate Yield for Learning - undefined

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Abubakar Juma AdamAccountant