Company name: Botswana Savings Bank (BSB). Head Credit (Southern).
Core Accountabilities and Responsibilities:
Contribute to the development and execution of the organisation’s strategy by ensuring credit policies and frameworks support sustainable lending growth.
Job Summary
- Type: contract
- Location: Gaborone
- Category: Banking
- Closing Date: 2026-05-03
Key Responsibilities
- Contribute to the development and execution of the organisation’s strategy by ensuring credit policies and frameworks support sustainable lending growth.
- Develop, implement, and maintain robust credit policies, procedures, and frameworks aligned with the Bank’s risk appetite and regulatory requirements.
- Oversee the end-to-end credit lifecycle, including origination, appraisal, approval, documentation, disbursement, and monitoring of all lending facilities.
- Ensure consistent application of credit standards across all segments, including Retail, Business Banking, and Corporate lending.
- Evaluate and approve credit proposals within delegated authority and provide recommendations on higher-value or higher-risk exposures.
- Monitor the overall health of the loan portfolio, including arrears, non-performing loans, and early warning indicators, and implement corrective strategies where necessary.
- Work closely with Collections and Risk functions to manage delinquent accounts, reduce credit losses, and improve recovery rates.
- Drive improvements in credit turnaround times and process efficiency to support business growth while maintaining strong risk controls.
- Provide independent credit oversight and challenge to business units to ensure balanced decision-making between growth and risk.
- Ensure compliance with all regulatory requirements, internal policies, and governance frameworks related to credit risk.
- Lead portfolio analysis and reporting, providing insights on credit trends, sector exposures, concentration risks, and portfolio performance to Executive Management and the Board.
- Support product development and pricing decisions by providing credit risk insights and ensuring appropriate risk-return balance.
- Develop and maintain credit risk models, scoring mechanisms, and assessment tools to enhance decision-making and portfolio management.
- Build and lead a high-performing Credit team by setting clear performance standards, enhancing technical capabilities, and fostering a strong risk culture.
- Identify emerging risks in the operating environment and recommend proactive measures to mitigate potential impacts on the Bank’s loan portfolio.
- PERFORMS SUCH OTHER RELATED ACTIVITIES AS DIRECTED BY THE CHIEF EXECUTIVE OFFICER
Requirements
- Bachelor’s Degree in Finance, Banking, Economics or related field
- Professional or postgraduate qualification in Credit Risk or Finance is an added advantage
- At least ten (10) years’ experience in credit or lending within a financial institution, with a minimum of three (3) years at senior management level.
- Credit risk management
- Analytical and financial assessment
- Strategic thinking
- Leadership and people management
- Decision-making and judgement
- Communication, impact and influence
Salary
Market Related
How to Apply
REF Code: HC001
About the Company
Botswana Savings Bank (BSB) stands as a prominent financial institution within Botswana's banking sector, dedicated to fostering a culture of savings and providing accessible financial services. Established by an Act of Parliament in 1962, initially as the Botswana Post Office Savings Bank, it evolved into BSB in 1992, solidifying its role as a wholly government-owned parastatal. The Bank offers a comprehensive suite of products, including various savings accounts, fixed deposits, personal and business loans, alongside modern digital banking solutions. Through its strategic partnership with BotswanaPost, BSB effectively extends its reach across the nation, playing a vital role in promoting financial inclusion for Batswana, particularly in underserved communities.
Your Partner in Financial Growth
Website: https://www.bsb.co.bw
Frequently Asked Questions
What are the typical qualifications and professional certifications needed for a Head Credit role in Botswana's banking sector?
For a Head Credit role in Botswana, a Bachelor's degree in Finance, Business Administration, or a related field is typically essential. Professional certifications like CFA, CIB, or other local banking qualifications are highly valued, alongside extensive experience in credit risk management.
What are the common day-to-day responsibilities for a Head Credit (Southern) in a Botswana bank?
Common responsibilities include overseeing credit policy implementation and managing the credit risk portfolio specifically for the Southern region of Botswana, while leading a team of credit analysts. You would also be involved in strategic decision-making regarding lending practices and ensuring compliance with local regulatory frameworks.
What is the typical work culture and what are the expectations for a senior role like Head of Credit in Botswana's banking sector?
Botswana's banking sector generally values professionalism, strong ethical conduct, and a collaborative approach. For a Head of Credit, expectations include demonstrating strong leadership, accountability, and a deep understanding of the local economic landscape and client needs.
What are the realistic career progression opportunities for a Head Credit role within a financial institution in Botswana?
Career progression for a Head Credit often involves moving into broader risk management roles, such as Chief Risk Officer, or even general management positions within the bank. Opportunities may also arise to specialize further in specific credit segments or transition to larger financial institutions within Botswana or the region.
How should one apply for a senior credit role in Botswana, and what do employers typically look for?
Employers in Botswana look for candidates with proven leadership skills, extensive credit risk management experience, and a strong understanding of the local market and regulatory environment. Applications typically involve a detailed CV and cover letter, often submitted through online portals or recruitment agencies, highlighting your relevant achievements and local relevance.