Leticia Charles Nyato
Dar es Salaam
Summary
A Professional Certified Public Banker (CPB) and a Bachelor Degree holder at Institute of Finance Management (IFM) with four years of experience in Banking and financial services, accounting as well as operation management. Possesses a sound understanding of finance, accounting and project management. Takes an ambitious and proactive approach in fulfilment of duties, seizing every opportunity to go an extra mile in every aspect of the work. A highly motivated, faithful and hardworking woman who can work individually or as a team with time management skills and commitment to work, with ethics skills to maintain a good image of an organization.
Overview
11
11
years of professional experience
Work History
MICROFINANCE MANAGER
Maendeleo Bank Limited
08.2022 - Current
- Reformation of the SGL Unit from non-performing unit to one of the performing units in the bank
- Reduction of NPL ratio from 51% at August 2022 to NPL ratio of 33% in September 2023
- Revamp of Nufaika Biashara Loan with a very high turn up in the market
- Introduction of a Microfinance product Rasimisha Ardhi loan
- Conduct trainings on SGL procedures and Microfinance product and Team building events on quarter basis and Monthly review performances
- Growth of the SGL portfolio worthy 2.843billion as at September 2023 from 2.332billion recorded in February 2023
- Introduction of SGL Team leadership succession plan at branches to enhance growth and performance in the SGL unit
- Promotion of SGL staff from SGL Unit to Microfinance unit
- Introduction of collection postings via Banks' Approved agents
- Oversee the growth and expansion of the Microfinance portfolio
- Monitoring the repayment of the disbursed portfolio
- Lay down strategies for achieving the set target
- Grow quality asset portfolio and liability through retention of existing customers and recruitments of new customers
- Review and evaluate the branch microfinance performance in accordance with budget and strategies
- Conduct regular centre visits, motivate them to pay their loans, and borrow frequently in order to build long-term relationships
- Monitor attendance of centres on daily basis
- Manage the center collections from customers to the bank
- Recruitment of the right candidates for the required positions
- Cross- selling and Promoting Bank's expansion business
SENIOR MICROFINANCE OFFICER-GROWTH
DCB Commercial Bank Plc
Dar es salaam
10.2019 - 08.2022
- Facilitated the growth of portfolio from 487 new centers to 1427
- Enhanced the strategies for growth of the upcountry operations
- Expansion of Microfinance upcountry ie Mwanza, Morogoro ,Mbeya, Singida and Dodoma
- Growth of disbursement margin yearly
- Champion the Automation of the Microfinance products
- Oversee the growth and expansion of the Microfinance portfolio
- Monitoring the repayment of the disbursed portfolio
- Lay down strategies for achieving the set target
- Grow quality asset portfolio and liability through retention of existing customers and recruitments of new customers
- Review and evaluate the branch microfinance performance in accordance with budget and strategies
- Conduct regular centre visits and motivate them to pay their loans and borrow frequently in order to build long-term relationships
- Monitor attendance of centres on daily basis
Credit Administrator
DCB Commercial Bank Plc
Dar es salaam
11.2018 - 10.2019
- Provision of SGL loans within 24 hours
- Facilitation in rebuilding centres through disbursement i.e
- 113,192 and 304
- Maintenance of 30% cash cover for new and existing loans
- Monitoring a Portfolio of worthy TZS 11.7 billion
- Ensure 30%cash cover is maintained
- Attending customers' queries
- Provision of loans within 24 hours
- Proper keeping of customer's documents
- Verifying and passing internal transfer for delinquency management as per policy
Recovery Officer
DCB Commercial Bank Plc
Dar es salaam
06.2018 - 10.2018
- Substantially reducing the loan debt by working with clients and providing them with financial advice and payment schedules
- Recovery of NPA target from 95.07%-84.23% as at 15th September, 2018
- Closure of centers that where initially 100% recovery i.e
- 1134,204,1131 and 1123
- Recovery of NPA (level 4) to current as per target given
- Rescheduling of customers' loan installments for customers who have failed to pay their agreed installments
- Work with clients to identify their financial goals and to find ways of reaching those goals also negotiate payment arrangements with customers
Credit Administrator
DCB Commercial Bank Plc
Dar es salaam
02.2018 - 05.2018
- Monitoring customer's arrears report for easy follow up
- Pre-loan disbursement and post-loan disbursement for the loans issued to the clients
- Negotiating and securing contracts with vendors, customers and financial institutions
Loan Officer
DCB Commercial Bank Plc
Dar es salaam
11.2015 - 02.2018
- Maintained a stable and quality loan portfolio with ratio of 2% PAR
- Recruitment of number new clients basing on bank's policies and procedures
- Meeting disbursement target of 150mil per month
- Maintaining of NPA loan portfolio less than 5%
- Visiting of client's residence and businesses to verify the customer's business and collaterals
- Enhancing repayment of loan through group guarantee
- Maintaining a quality loan portfolio i.e
- Disbursement and recovery
FIELD ATTACHMENT
TWIGA BANCORP PLC LTD
Dar Es Salaam
07.2014 - 09.2014
- Gaining intensive hands on training and experience in credit risk management, collateral optimization and futures sectors
- Expertly capable to price and execute trades for clients and providing risk management advice
- Actively involved in analytical projects, trading simulations and gaining knowledge on how to run entrepreneurship activities
FIELD ATTACHMENT
EXIM Bank(T) Ltd
Dar Es Salaam
07.2013 - 09.2013
- Significantly reduced customer waiting times by 20% over the period of employment
- Established good working relationships with customers/clients
- Expanded business development to include deposits
- Gaining vital experience in various departments such as accounting, customer service and loans
- Responsibilities include reviewing and managing customer's accounts
- Dealing with customer complaints efficiently and effectively Cooperating closely with
- Cooperating closely with fellow co-workers displaying teamwork within set timescales in order to reach common goals
Education
Professional Certified Public Banker - (CPB)
Tanzania Institute of Bankers
05.2018
Bachelor's Degree - Banking and Finance
Institute Of Finance Management
07.2015
Advanced Certificate in Secondary Education -
St. Marry Goretti Secondary School
02.2012
Ordinary Certificate in Secondary Education -
Canossa Secondary School
10.2009
Some College (No Degree) - CERTIFIED MICROFINANCE PROFESSIONAL
BANK OF TANZANIA ACADEMY
TANZANIASkills
- Computer skills- Awarded a certificate from University of Dar es Salaam Computing Center(UCC)
- E-Commerce- Awarded a certificate from United Bank Of Africa (UBA)
- Marketing- Awarded a certificate from United Bank Of Africa (UBA)
- Capital market and Securities knowledge- Awarded a certificate from Capital Market and Securities Authority(CMSA)
- Banking Field Career Presentation- Awarded a certificate from the Institute Of Finance Management(IFM) -CAREER DAY
- Community Activities-Awarded a certificate from Youth United Nations of Tanzania(YUNA)
- SGL procedures, operations and Practices in Microfinance Field- Awarded a certificate from Center for Microfinance Development (CEMIDE)
- Financial interpretations, ratios and practices - Awarded by Frankfurt school of Finances
Hobbies and Interests
Reading Books, Travelling, learning new culture and volunteer socializing and conduct trainings on personal awareness., Conducting Girls Talk as Girl Child Awareness at Canossa Secondary School
Languages
English Reading Excellent Speaking Excellent Writing Excellent, Swahili Excellent Excellent Excellent
References
- Fortunata, Benedict, Head Commercial, +255 767 239249, Mkombozi Bank Plc MKCB Head Office, Plot no 40, Mansfield Street, 38448
- Winnie, Terry, Executive Director, +255 752 251188, TAMFI, 54 Uporoto Street, Kinondoni
- Rosemary, Mkemangwa, Head Of Microfinance, +255 759 708545, DCB Commercial Bank Plc, Dar es Salaam, 19798
Timeline
MICROFINANCE MANAGER
Maendeleo Bank Limited
08.2022 - Current
SENIOR MICROFINANCE OFFICER-GROWTH
DCB Commercial Bank Plc
10.2019 - 08.2022
Credit Administrator
DCB Commercial Bank Plc
11.2018 - 10.2019
Recovery Officer
DCB Commercial Bank Plc
06.2018 - 10.2018
Credit Administrator
DCB Commercial Bank Plc
02.2018 - 05.2018
Loan Officer
DCB Commercial Bank Plc
11.2015 - 02.2018
FIELD ATTACHMENT
TWIGA BANCORP PLC LTD
07.2014 - 09.2014
FIELD ATTACHMENT
EXIM Bank(T) Ltd
07.2013 - 09.2013
Professional Certified Public Banker - (CPB)
Tanzania Institute of Bankers
Bachelor's Degree - Banking and Finance
Institute Of Finance Management
Advanced Certificate in Secondary Education -
St. Marry Goretti Secondary School
Ordinary Certificate in Secondary Education -
Canossa Secondary School
Some College (No Degree) - CERTIFIED MICROFINANCE PROFESSIONAL
BANK OF TANZANIA ACADEMY
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