Elizabeth Cosmas Masawe

Key Responsibilities • Collaboration with Credit and Legal Departments: Work with Credit and Legal teams to ensure accurate preparation and execution of loan documents in compliance with policies. • Document Review and Approval: Oversee the review process for loan documents, ensuring completeness and adherence to approvals from MCC and BCC before disbursement. • Process Improvement and Turnaround Time Management: Improved document processing turnaround time (TAT) by 90%, enhancing operational efficiency from approval to execution. • Security Document Management: Manage security documentation and ensure timely renewals, safeguarding the bank's interests during loan disbursements. • Tracking and Reporting: Maintain reports on document movement, ensuring timely updates are shared for management review and discussion. • Monitoring Security Renewals: Track borrowing customers and associated securities, ensuring compliance and minimizing audit queries. • Training and Guidance: Provide training and support as a subject matter expert in loan documentation to enhance staff competency. • Exception Management: Identify and resolve exceptions in loan documentation, ensuring all conditions are met prior to disbursement. Key Achievements • Improved Turnaround Time: Successfully enhanced the document processing turnaround time (TAT) by 90%, streamlining the workflow from loan approval to execution and significantly increasing operational efficiency. • Minimized Audit Queries: Implemented effective tracking and reporting mechanisms for security renewals, resulting in a notable reduction in audit queries related to compliance and documentation. • Expertise Development: Served as a subject matter expert in loan documentation, providing training and guidance to staff, which contributed to improved competency and consistency in document management across the organization.

Key Responsibilities • Covenant Monitoring: Effectively monitored credit agreements, achieving up to 50% closure of pending covenants within the first year, enhancing compliance and risk management. • Credit Risk Tracking: Developed and maintained a robust credit risk tracking mechanism through monthly Ongoing Risk Management meetings, ensuring proactive identification and mitigation of risks. • KYC Management: Improved the management of customers’ Know Your Customer (KYC) requirements, resulting in a reduction of audit queries by ensuring timely and accurate renewals of securities. • Policy Review and Preparation: Reviewed and prepared credit risk policies, procedures, standards, and guidelines to enhance organizational compliance and operational efficiency. • Fixed Deposit Custodianship: Managed the renewal, tracking, and custodianship of fixed deposits held as security, ensuring proper documentation and compliance with bank policies. • IFRS 9 Collateral Register: Prepared and circulated the Bank’s monthly IFRS 9 Collateral Register, ensuring transparency and adherence to regulatory requirements shared with the Bank of Tanzania (BOT). • Data Compliance with BOT: Prepared, monitored, and uploaded the Bank’s data on the BOT’s Credit Reference Bureau (CRB) as per regulatory standards, maintaining compliance and accurate reporting. • Training Provision: Identified competence gaps within the team and facilitated relevant training to reduce credit risk, fostering a knowledgeable and capable workforce. Key Achievements • Covenant Closure: Improved pending covenant closures by up to 50% in the first year through proactive credit monitoring. • KYC Management: Reduced audit queries significantly by enhancing KYC management and ensuring timely renewals of securities. • Credit Risk Policies: Developed comprehensive credit risk policies and procedures, strengthening the bank's risk management framework.

As Assistant Manager - Legal & Securities , I ensured the safe custodianship of the Bank’s securities, maintaining a record of zero losses or complaints. I prepared and reviewed legal documents, including credit facility letters, and provided legal opinions on various contracts. Additionally, I submitted reports on securities registration and renewal, supervised service providers, managed trademark and contract registrations, filed annual returns with BRELA and supported the BRS Unit.