Credit Monitoring Manager

Applications are invited from suitably qualified, experienced, self-motivated, and enthusiastic individuals for the post of Credit Monitoring Manager – tenable at Head Office, Lilongwe.

Job Purpose
Reporting to the Head of Credit, the incumbent is primarily responsible for the Basel Reporting, ECL Modelling and Financial reporting, Credit facility performance management, Compliance checks and monitoring, Loans and Advances reconciliation to Finance and Risk, and organization development.

Key Responsibilities

• Credit risk modelling and management: risk identification and mitigation
• Scenario analysis and trend forecasting for better decision making.
• Facilitating provisions on credit facilities ensuring adequacy and compliance to the regulatory framework.
• Manage excesses and expired facilities on Advances held by the Bank to ensure NPLs and Excesses are within set thresholds.
• IFRS 9 Risk modelling and reporting
• Preparation of compliance checks with Basel Accord, Risk management best practices, Collection strategies and ECL modelling.
• Partner with business teams in leading and facilitating change in managing PAR 30 & NPL ratio.
  Covenant monitoring and tracking.
• Preparation of timely reports on performance to
• Finance, Risk, MCC and the Board for timely decision making and strategies.
• Prepare compliance checks with Basel Accord, Risk management best practices, Collection strategies and ECL modelling.
• Set and manage performance standards for subordinates.

Qualifications, Experience, and Skills / Competencies

• Bachelor’s degree in Accounting, Banking, or any related field.
• Professional certification in Finance and Audit;
• ACCA, ICAM will be an added advantage.
• Excellent analytical skills – ability to analyze complex data and design and produce effective management information.
• Five (5) years’ experience at managerial level or at senior officer level in a similar role, Accounting and
• Finance in a busy organization preferably in the financial services sector.
• Exposure and knowledge of Micro finance lending and payroll lending will be an added advantage.

Applications for the Position Applications with Curriculum Vitae (both cover letter and CV should be saved in one PDF file) should be emailed to: recruitment@centenarybank.co.mw

Please indicate on the email subject line the position you are applying for.

The closing date for the receipt of applications is Friday, 12th September, 2025.

Only shortlisted applicants will be acknowledged.