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Showing posts with label Bank Jobs. Show all posts
Showing posts with label Bank Jobs. Show all posts

Wednesday

Head of Internal Audit


NIC Bank Tanzania is a Commercial Bank licensed by Bank of Tanzania to carry on banking business across a network of Branches.

NICBTZ is looking for committed, self-driven, dynamic and competent qualified candidates to fill the following vacancy;- Head of Internal Audit

Reporting: Board Audit Committee and administratively to the Managing Director

Principal Purpose:
To carry out independent assessment of business and operational risks and review internal control systems, records and processes and make appropriate recommendations on the adequacy of internal controls to ensure proper, economic, efficient and effective use of the bank's resources.
To champion the formulation and implementation of the internal audit strategic plan and execute the annual audit plan through provision of quality leadership of the Internal Audit department.
It involves conducting an independent, objective assurance and consulting activity designed to add value to NIC Bank Group's operations. Emphasis is on evaluation and improvement of effectiveness of risk management, control and governance processes.

Key Responsibilities:
Formulate 'and implement the audit strategy to evaluate the standards of risk management, accuracy of the records, procedures and control systems throughout the bank
Assess and advice on internal control systems and risk in all business and operational areas of the bank including review of the suitability and reliability of management information systems.
Design, review and continually update risk based audit procedures and compliance tests to monitor performance of all profit f cost centers against corporate targets and budgets. Review procedures, processes and records to ensure they are in line with the bank's objectives and appraise policies and plans of activities, departments and functions under audit review.
Audit the strategic business units and departments of the bank as per approved Annual Audit Plan.
Identify the potential high risk areas of the bank with the view to give them more weight in terms of audit timings, frequency and resources.
Ensure that the Internal Audit function complies with sound internal audit-standards with appropriate code of ethics.
Examine and evaluate the adequacy and effectiveness of the system of internal controls.
Review the application and effectiveness of risk management procedures and risk assessment methodologies.
Review the adequacy of management information system.
Review the accuracy and reliability of the accounting records and financial reports.
Review the system of assessing capital in relation to assessment and estimation of risks.
Assess the efficiency of the usage of resources.
Review the system established by the Management to ensure compliance with legal and regulatory requirements, code of conduct and the implementation of policies and procedures.
Carry out special investigations.
Liaise with departmental heads to ensure that audit findings and recommendations were fully implemented.
Prepare audit reports to be submitted to the BAC on quarterly basis.
Liaise with external auditors and other regulatory monitoring agencies and implement recommendations to improve controls, promote growth and ensure compliance with the law,

Qualifications, Knowledge and Experience
Degree in Finance, Banking or Accounting with relevant professional training in Risk Management
Minimum 8 years' working experience senior management level.
CPA or equivalent and be registered Board of Accountancy and Auditors, ACCA, ClSA is mandatory
Ability to anticipate and mitigate risk Management Policies
Excellent knowledge of International Accounting and Audit Standards, Legislations
Good understanding of the regulatory issues, reporting and operational requirement as provided by the regulators
Decisiveness, resilience and good presentation skills
Leadership Skills, Team Building and ability to train, develop and mentor staff

Remuneration
NIC Bank Tanzanias an equal opportunity employer. The Bank offers an attractive remuneration package, career development opportunities and an excellent working environment.


How To Apply:
Application letter with detailed curriculum vitae must be sent by email to careers@nicgroup.com before 3rd November 2017.

Regulated by Bank of Tanzania NIC Bank Limited is a wholly owned subsidiary of NIC Bank Group Plc.

Sunday

Head of Risk Management and Compliance


NIC Bank Tanzania is a Commercial Bank licensed by Bank of Tanzania to carry on banking business across a network of Branches.

NICBTZ is looking for committed, self-driven, dynamic and competent qualified candidates to fill the following vacancy;- Head of Risk Management and Compliance

Reporting: Managing Director and Board Risk Management Committee

Principal Purpose:
To support the BRMC and Managing Director, in developing and implementing an integrated Bank Risk Management Framework that manages its strategic, tactical and operational objectives in a controlled environment with balanced risk portfolios and ensuring the Bank is rewarded appropriately for those risks.

Key Responsibilities:
Comprehensively list key risks identified through independent reviews of the business/support functions, & internal/external/BOT audits of the Bank
Highlight significant co-relationships between key risks
Develop, get approved' & implement appropriate management dash-boards/traffic lights, stages & absolute tolerance levels/limits for key risks
Develop and implement appropriate measurement metrics, models & MIS for each key risk and comparisons to industry best practice
Review & update relevant measurement metrics/models in line with the dynamic external & internal environments
Provide appropriate M.IS (including their quantum, direction & trends) to Senior Management and BRMC for review and action
Periodically track actual & trend analysis of key risk measurement results against approved tolerance levels.
Extract exceptions from the measurement results, agree & set mitigation strategies for the-key risks identified (ie. accept but limit, transfer/insure, avoid where tolerance is NIL, accept where minimal).
Follow up for implementation of corrective action on exceptions to approved tolerance levels
Review major changes in markets, products, business lines, processes, technology, amongst others, ensuring compliance to approved tolerance levels before roll-out
Periodically report the Bank's risk profile using approved MIS, Metrics & Models
Report all exceptions of approved risk tolerance levels to BRMC/Senior
Management while outlining the agreed corrective actions & their implementation timelines
Confirm corrective actions attained to close risk gaps
Provide appropriate feed-back to the Board Audit & Compliance
Committee for an effective control environment during audit programs implementation
Develop an appropriate and Regulator/Basel Accord compliant ICAAP.
Implement the ICAAP (including a Stress Testing) model to arrive at appropriate minimum Economic Capital levels for the Bank
Periodically & continuously test/review the ICAAP to ensure it provides acceptable buffers to key risk shocks
Develop & continuously review the relevant Key Risk Policies as required by regulators/Basel Accord/ERM,
Continuously review all new & existing Bank operating
Policies/Procedures for their control appropriateness with relation to approved tolerance levels
Develop, implement & continuously review an appropriate Compliance
Risk Management structure, policies and processes covering legal/regulatory, policies, ethical/code of conduct standards for the Bank
Develop and implement KYC, AML, Suspicious Transactions, Legal/Regulatory and Policy Compliance functional tasks
Develop and implement periodic compliance plans and train/create awareness, test, review plus report to ensure this risk is managed appropriately
Liaison with Correspondent Banks and other counterparty relationships for KYC/AML and managing queries or issues raised therein
Review emerging legal/regulatory requirements and counsel/train the relevant business or support functions to create awareness and strategies/policies/processes ensuring timely compliance to envisaged legal changes,
Liaison with regulators for purposes of External Audit Reviews,
Compliance Reporting and supervise the follow-up of corrective compliance actions by business & support units on issues highlighted by regulators.
Develop, implement & review an appropriate Risk Management & Compliance structure that adequately captures and controls the Bank's key risks through an acceptable Risk Management Framework
Train & create staff awareness to departmental and Bank staff on acceptable risk & compliance practices/cultures while ensuring compliance to approved policy and regulatory tolerance levels
Supervise, coach and mentor staff reporting to this function

Qualifications, Knowledge and Experience
Degree in Business Management: Accounting Economics, Commerce, and Finance or related fields (MBA will be an added advantage)
Qualifications in Risk Management. Credit Management, Treasury Management, Operational Risk Management, Compliance Risk Management, and related fields will be an added advantage.
Over 10 years of all-round working experience in a banking environment at risk, corporate audit, credit management, central operations, treasury, amongst others,5 of which must be at senior management level and in particular credit, operations and treasury functions.
In depth understanding of the workings in various functions of the Bank's set up ie. full Credit Management process, Branch & Central Operations, Trade Finance, Treasury Management (front, middle & back-office), Credit Operations (incl. Securities & Credit Administration), Capital/Money Markets & Insurance Fields.
Ability to analyse, interpret and draw conclusions! recommendations based on financial statements while combining this with other strategic, tactical and 6perational data or analytical information on the Bank

Remuneration
NIC Bank Tanzania an equal opportunity employer. The Bank offers an attractive remuneration package, career development opportunities and an excellent working environment.


How To Apply:
Application letter with detailed curriculum vitae must be sent by email to careers@nicgroup.com before 3rd November 2017.

Regulated by Bank of Tanzania NIC Bank Limited is a wholly owned subsidiary of NIC Bank Group Plc.

Relationship Manager - 2 posts


NIC Bank Tanzania is a Commercial Bank licensed by Bank of Tanzania to carry on banking business across a network of Branches.

NICBTZ is looking for committed, self-driven, dynamic and competent qualified candidates to fill the following vacancy;- Relationship Manager - 2 posts

Reporting: Head of Corporate Banking

Principal Purpose:
To provide powerful leadership, deliver exceptional branch growth, customer service and profitability, through identifying and developing business opportunities for all NIC Bank products to include; Personal Banking, Business Banking, Asset finance, IB, Corporate, Bank Assurance with the intention of monitoring acceptable credit risk and maximizing the bank's return from each client.
Identify, cultivate and develop business relationships with clientele from the bank's segmental market.

Key Responsibilities:
Create and manage corporate banking relationships and ensure optimal sells to all customers being treasury customers or corporate by way of joint calls and cross selling.
Identify and develop new business proposals efficiently and expeditiously to ensure that potential new business opportunities with existing and new clients are exploited to achieve budgets
Formulate and implement sales plan/strategy for the Branch aimed at increasing new business and share of wallet form existing client
To manage customer relationships to ensure retention by making sure that all any other issues are resolved within reasonable and agreed time
Assess and recommend high quality credit facilities for clients and potential clients and thereafter oversee completion of all related security documentation with a view to maximizing earnings and minimizing bad debts. The full process to be handled in a professional and efficient manner and in conformity with Credit Policy requirements
Initiate and monitor Customer/Bank contact at all levels for assigned clients to ensure highest standards of service are maintained. Proactive client relationship management to ensure that all loan covenants are complied with at all times and services delivery to customers is fiawless. Ring-fence existing business to avoid attrition to competition
Generally ensure continued safety and quality of loans and advances portfolio by regularly auditing all security documentation and inspecting assets charged. Carry out facility reviews timely and resolve audit queries within allocated timeframe. Manage daily account excesses and arrears positions to ensure that account conduct is at all times within acceptable standard
Adequacy of personal and interpersonal competency to effectively perform Relationship Management Tasks
Minimization of exposures to and impact of risks associated with KYC, AML and portfolio maintenance.

Qualifications, Knowledge and Experience
At least Bachelor Degree in Business Management, Economics, Finance, Commerce
Professional banking qualifications will be an added advantage.
At least 3-5 years work experience in Corporate Banking or similar business line in Banking.
A comprehensive understanding of Banking market, practical knowledge of Relationship Management.
Strong marketing, lending, negotiating and decision-making ability coupled with good knowledge of bank products, banking regulations and local business practice and backed by good computer skills.
Effective communication skills to manage customer expectations (internal and external) and other stakeholders who impact performance

Remuneration
NIC Bank Tanzania an equal opportunity employer. The Bank offers an attractive remuneration package, career development opportunities and an excellent working environment.

How To Apply:
Application letter with detailed curriculum vitae must be sent by email to careers@nicgroup.com before 3rd November 2017. 

Regulated by Bank of Tanzania NIC Bank Limited is a wholly owned subsidiary of NIC Bank Group Plc.

Saturday

Branch Relation Officer


Commercial Bank of Africa (Tanzania) Limited was established in 1962; offering a wide
spectrum of banking products and services. It promotes equal employment opportunity and provides a conducive and challenging work environment for existing and potential employees to fully realize their potential. The bank is recruiting for the following positions:

DESIGNATION: BRANCH RELATIONSHIP OFFICER
LOCATION: ARUSHA BRANCH
REPORTING TO: BRANCH RETAIL MANAGER

Job Purpose:
To achieve business growth for Personal Banking by providing quality relationship management to existing customers in assigned branch/territory. This will entail sustaining customer satisfaction so as to retain them thereby generating additional business through cross-sell opportunities.

Qualifications and Experience Required:

  • University Degree in Business related studies or equivalent.
  • At least 4 years successful experience in banking or customer contact.
  • Relationship management skills to effectively perform Account Relationship Management activities/tasks.
  • Sales and negotiation skills to prospect and close business.
  • Practical experience in use of Microsoft Office Packages.


Mode of Application and Deadline:

If you are interested, and ready for great challenges, please send your application letter, enclosing full Curriculum Vitae, copies of relevant certificates and testimonials, three names & addresses of referees, one of whom must be from current employer, by 8th of July 2017.

Address your applications to:

Head of Human Resources
2nd Floor, Amani Place -Ohio Street
P. 0. Box 9640
Dar es Salaam

or


Email: jobs.Tz@cbagroup.com

To apply for this job email your details.

We thank all those who will show interest in working with us, but regret we will only be able to contact short listed candidates

Friday

Bank Operations Officer (2 posts) - PBZ Bank Pemba


PBZ Bank has vacant which need to be filled immediately by suitable qualified Tanzanians. The applicant should apply by virtue of the post advertised and station indicated here in Particulars related to the positions are follows:


Position: Bank Operations Officer (2 posts)

DUTY STATION: PEMBA

Qualifications:

  1. A Bachelor Degree in Banking, Commerce, Economics, Business Administration, Marketing, Accounting, or equivalent qualifications obtained from recognized Institutions
  2. Computer Literacy and applications in windows, and other packages
  3. Age should be not above 40 years


REMUNERATION
Attractive salary with PBZ Scales/Grades will be offered to the selected candidate


MODE OF APPLICATION:
All applications enclosed with CVs Letter from Local Government or Sheha of the area of residence, Photocopies of Certificates, Testimonials, Names and address of two referees should be addressed to:

The Managing Director
The People’s Bank of Zanzibar Ltd
P.O Box 1173
ZANZIBAR

SUBMISSION:
– For those who apply for positions at Unguja and Pemba branches, all applications should be submitted at the PBZ Head Office Darajani, Zanzibar.
– For those who apply for positions at Dar es Salaam branches, applications should be submitted to the Branch Manager PBZ Bank Kariakoo
– For Mtwara applications should submit to the Branch Manager Mtwara

PLEASE NOTE THAT:
– Result slip is not accepted
– Experience on the respective post is an added advantage
– Applicant (s) should specifically mention one duty station only which will be suitable for them.

If applicant selects more than one duty station he/she will be disqualified.

Deadline for applications is 06th January 2017 at 14:30hrs

Only shortlisted candidates will be invited for interviews. If you will not hear from us please consider yourself unsuccessful

Source: Daily News December 28, 2016

Bank Teller (3 posts) - PBZ Bank "Pemba"


PBZ Bank has vacant which need to be filled immediately by suitable qualified Tanzanians. The applicant should apply by virtue of the post advertised and station indicated here in Particulars related to the positions are follows:


Position: Bank Teller (3 posts) - PBZ Bank "Pemba"

DUTY STATION: PEMBA

Qualifications:

  1. A Bachelor Degree in Banking, Commerce, Economics, Business Administration, Marketing, Accounting, or equivalent qualifications obtained from recognized Institutions
  2. Computer Literacy and applications in windows, and other packages
  3. Age should be not above 40 years


REMUNERATION
Attractive salary with PBZ Scales/Grades will be offered to the selected candidate


MODE OF APPLICATION:
All applications enclosed with CVs Letter from Local Government or Sheha of the area of residence, Photocopies of Certificates, Testimonials, Names and address of two referees should be addressed to:

The Managing Director
The People’s Bank of Zanzibar Ltd
P.O Box 1173
ZANZIBAR

SUBMISSION:
– For those who apply for positions at Unguja and Pemba branches, all applications should be submitted at the PBZ Head Office Darajani, Zanzibar.
– For those who apply for positions at Dar es Salaam branches, applications should be submitted to the Branch Manager PBZ Bank Kariakoo
– For Mtwara applications should submit to the Branch Manager Mtwara

PLEASE NOTE THAT:
– Result slip is not accepted
– Experience on the respective post is an added advantage
– Applicant (s) should specifically mention one duty station only which will be suitable for them.

If applicant selects more than one duty station he/she will be disqualified.

Deadline for applications is 06th January 2017 at 14:30hrs

Only shortlisted candidates will be invited for interviews. If you will not hear from us please consider yourself unsuccessful

Source: Daily News December 28, 2016

Monday

Direct Sales Staff - NMB Bank (Central Zone)


We are seeking to recruit high caliber, skilled, motivated, and result-oriented and self- driven candidates with high integrity, sales and marketing skills of Bank products to fill the Direct Sales Staff positions – Central  (Dodoma, Manyara and Singida regions)

Job Purpose and Summary
Reporting to Direct Sales Officer , Direct Sales Staff  will be responsible for selling and marketing NMB Chap Chap account.

Specific Duties and Responsibilities will be to:
·         Apply marketing approach in Village and Town centres.
·         ensure availability of sufficient starter packs
·         offer the NMB “chap chap account” product to unbanked community
·         Request transmittal of starter pack cash to branches
·         register client feedback (formal and informal )
·         conduct launch events in villages/towns and wards with support from Direct Sales Officer
·         Explain NMB chap chap account to customers and provide advice to customer regarding choice of saving account.
·         open account for customers
·         collect fees for starter packs for onward delivery to the branch
·         Transmit customer data via mobile phone to the core banking system
·         report client sentiment and specific feedback on product and processes receive during service to Direct Sales Officer
·         support client and agent surveys
·         Organize availability of sufficient starter packs in the village by making bulk order when planning to participate in a large scale accounting opening drive.
·         Ensure that daily cash summaries are checked and day’s cash transactions are properly in line with set performance targets.
·         Report any fraudulent behavior to the supervisor.
·         Perform other duties as directed or assigned by his/her superior.

Qualifications, Knowledge and Skills:

  • Must be a holder of a Degree or Diploma in bank related fields from recognized university/college.
  • Computer literate with skills in Word-processing and Spreadsheets.
  • Able to display a high level of attention to details and skills in interviewing clients to assess their integrity.
  • Able to communicate very well in both English and Kiswahili.
  • Creative, innovative and honest
  • Able and willing to work in challenging environments.
  • Able to work under pressure with minimum supervision


How to Apply:
If you are interested please submit the following:

·         Certified relevant scanned copies of your certificates/testimonials (Final university/college certificates, transcripts, Ordinary and Advanced level academic certificates and Birth certificate.
·         A detailed and signed  scanned CV, including three reliable referees (must be your lecturer, academic supervisor, Dean or supervisor at work and NOT relatives) with their full addresses; showing clearly your competencies and skills, full address at work or at home including telephone /fax, mobile phone and email address.

NOTE: The CV and certified copies of your certificates/testimonials should be scanned and attached as a single document.

CLOSING DATE:  Only applications received before Tuesday 15th November, 2016 at 1700hrs will be considered.



“NMB IS AN EQUAL OPPORTUNITY EMPLOYER”

Send your application letter to the Zonal Manager ONLY via the below specified steps:

Step 1: Go to www.nmbtz.com/careers
Step 2: Select “register” to create an account and attach requested documents
Step 3: Select “Direct Sales Staff” under latest jobs posted
Step 4: Fill in application form
Step 5: Submit application

NB: Only shortlisted applicants will be contacted.

Saturday

Bank Tellers - NMB Lake Zone


NMB Plc rely on your commitment to achieve its vision and mission of being the
preferred Financial Service Partner in Tanzania through innovative distribution, and extensive Branch Network and offering affordable customer focused financial Services to the Tanzanian Community in order to realize sustainable benefits for all Stakeholders.

We are therefore seeking to recruit high caliber, skilled, motivated, and result-oriented and self- driven candidates with high integrity to fill the positions of Bank Tellers in Lake Zone (Mwanza, Mara, Kagera and Geita regions)

Job Purpose and Summary
Reporting to Branch/Customer Service/Back Office Manager, Bank Teller will be responsible for collecting deposits in the form of cash and cheques and to pay out cash to customers promptly and efficiently.

Specific Duties and Responsibilities will be to:

- Ensure that daily cash summaries are checked and day’s cash transactions are properly in line with set performance targets.
- Count cash deposited (accurately) and ensure that it is correctly entered in the computer system or manual ledger.
- Ensure that cash, withdrawal form or cheques presented are always paid to
customers strictly in line with established procedures.
- Ensure that collected cash calculations are correct, and withdrawal forms and cheques presented are accuracy.
- Manage the supply of cash by ensuring withdrawing cash from the strong room at the start of the business and ensure that it is deposited back in the strong room at the end of the business.
- Attend customers’ queries, fast, with confidence whenever asked.
- Up and cross sell NMB Plc products.
- Seek approval from supervisor on payments that exceed his/her specified limit
- Report any fraudulent behaviour to the supervisor.
- Ensure that government cheque and other cheques presented by customers to the supervisor for special clearance with BOT or other banks are timely attended.
- Perform other duties as directed or assigned by his/her superior.

Qualifications, Knowledge and Skills:

- Must be a holder of University degree/ advanced diploma or
- Diploma holder (with two years working experience) in bank related fields from recognized university/college.
- Computer literate with skills in Word-processing and Spreadsheets.
- Able to display a high level of attention to details and skills in interviewing clients to assess their integrity.
- Able to communicate very well in both English and Kiswahili.
- Creative, innovative and honest
- Able and willing to work in challenging environments.
- Able to work under pressure with minimum supervision

Important General Information to interested Applicants:

How to Apply:

If you are interested please submit the following:
· A handwritten application letter duly signed, briefly explaining why you are interested in the position
· CERTIFIED relevant copies of your certificates/testimonials (Final university/college certificate, transcript, Ordinary & Advanced level academic certificates and birth certificate).
· A detailed and signed CV, showing clearly your competencies and skills, full
address at work or at home including telephone /fax, mobile phone and email address.
· A list of three reliable referees (must be your lecturer, academic supervisor,
Dean or supervisor on work related and Not friend/relatives) with their full
addresses including post address, current email, telephone, fax and mobile phone numbers.

CLOSING DATE: 13th November, 2015 at 4:00 pm

“NMB PLC IS AN EQUAL OPPORTUNITY EMPLOYER”

Send your application letter to the Human Resources Business Partner, ONLY via specified address hereunder:

 Human Resources Business Partner
 NMB Plc Lake Zone,
 P. O. Box 1580,
 Mwanza.


NMB Plc,Kenyatta Branch,
Lake Zone Office,
Kenyatta Road Street,
1st Floor.

Friday

Manager Loan Recovery


DTB is looking for capable and qualified individuals to fill the following positions:

Manager Loan Recovery (Head Office - DSM)

The incumbent will be a member of business support with responsibility for ensuring the delivery of recovery strategies to a portfolio of Customers experiencing financial distress.


Key Responsibilities:

  • lead detailed negotiations with Customers regarding the exit recovery strategy.
  • Lead proactive formulation and implementation of strategies on managed exits/recoveries.
  • Manage Customers and recover debts from them in a professional manner which leaves a good impression of them about the Bank.
  • Ensure appropriate recovery is achieved and generally provide pragmatic and effective legal support on impaired debts of the Bank.
  • Assist in preparation and submission of necessary returns to the local regulatory authorities on impaired debts.
  • Assist in preparation of summons, instructions to extremal lawyers and manage recovery of debts through the Courts, including disposals of debtors' assets.
  • Manage relationships with external service provider such as liquidators, Executors, Police, Messengers of the Courts, Accountants, Receivers, Judicial Managers, Valuators, etc.


Educational Qualifications

  • Bachelor's degree in Corporate Finance and insolvency laws, professional banking qualifications or a related field of study or 'equivalent combination of education and related work experience.

Experience & Competencies Required

  • Minimum 5 years working experience in banking industry.
  • Good understanding of the role of loan recoveries.
  • Previous experience of managing impaired loan portfolio.
  • Good knowledge of the legal system, laws regarding recoveries of bad loans and security issues.
  • Proactive individual who thrives in a multi-facetted professional environment.
  • Maintaining the security and integrity of the Bank's data.


HOW TO APPLY
If you meet the above requirements and ready for great challenges, Mail:
Covering letter indicating preferably work station and
Your Curriculum Vitae

Email To; recruitment@diamondtrust.co.tz



Deadline: 15 November, 2015
Source: The Guardian 22nd October 2015

Financial Analyst II - 1 Post


Deposit Insurance Board (DIB) is a public institution established under Section 37(1) of the Banking and Financial Institutions Act (BFIA) 2006 to formulate policy, manage and control Deposit Insurance Fund. In a bid to deliver its mandate, the Board is hereby looking for suitably qualified young Tanzanian citizens to fill vacant positions at its offices located in the Bank of Tanzania Headquarters, Dar es Salaam.

Job Vacancy: Financial Analyst II (Bank’s Performance Monitoring) - 1 Post
Reports to: Assistant Manager, Operations
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on monitoring the performance of banks and financial institutions.

DUTIES AND RESPONSIBILITIES:
a) Conducting off- site surveillance of banks and Financial Institutions;

b) Analyzing and Monitoring performance of distressed banks or financial institutions;

c) Participating in on-site examination of banks and Financial Institutions;

d) Initiating/proposing policies, systems and procedures for on-site examination and off-site surveillance of banks and Financial Institutions relevant to DIB operations;

e) Preparing quarterly bank performance reports;

f) Analyzing deposits and preparing on quarterly basis reports on structure of deposits of banks and financial institutions to determine likely risk attached to the fund;

g) Preparing quarterly reports including, bank performance reports as well as the report on the structure of deposits of banks and financial institutions to determine likely risk attached to the fund;

h) Periodically initiating assessment and recommending to DIB Management the premium amount to be levied to banks and financial institutions;

i) Periodically reviewing and proposing to the Management changes on the existing premium assessment formula;

j) Reviewing and proposing to the Management on the maximum insurance coverage;

k) Initiating liquidity contingency plan and stress testing on threats in relation to possible bank failures;

l) Recommending the target size of the Fund;

m) Preparing Payout plan which shall include list of insured depositors with their corresponding amount and total amount involved, proposed paying Centre and payment modalities, manpower to be involved, important documents for identification of the depositor specimen claim forms and the proposed duration for payout exercise;

n) Ensuring that the payout plan is properly communicated to the safety net players and the general public;

o) Ensuring that the list of depositors qualifying for reimbursement is authentic;

p) Performing other related duties as assigned.

Education /Professional Qualifications and Experience Required
· Bachelors’ degree in Accounting/Finance/Economics or its equivalent;
· A minimum of three (3) years work experience in relevant assignments.


How to Apply:
Interested applicants must submit the following for consideration of the applications:
a) Application letter indicating the name of the post applied;
b) A curriculum vitae (CV);
c) Certified copies of academic certificates, birth certificate and other relevant certificates;
d) Two recent passport size photographs;
e) Names and addresses of two reputable referees;
f) Applicant’s reliable contact address, email address and telephone numbers;
g) Applicants with academic certificates from foreign universities must submit proof of accreditation of issuing institutions;

Application should be addressed to:
Director Deposit Insurance Board,
Bank of Tanzania;
P. O. Box 2939,
7th Floor, North Tower,
DAR ES SALAAM.

Closing Date:
Applications should reach the Director’s Office on or before 6.00 pm on 9th October, 2015.

Only short-listed applicants will be contacted.

Tuesday

Branch Manager ( 1 Post)


Twiga Bancorp Limited (TBCL) is a fast growing Non- Bank Financial Institution established under the Banking and Financial Institution Act (1991). The Institution has 'five Branches, two in Dar es Salaam and one each in Arusha, Dodoma and Mwanza.

The institutional also operates Sub -Branch activities at the Julius Nyerere International Airport, Kilimanjaro International Airport, Mwalimu Nyerere Memorial Academy in Kigamboni -Dar es Salaam as well as a service outlet in Bunda - Mara Region. The Institution is in the process of managing change by re-engineering its organizational structure, introducing new products and services and reinforcing efficiency and professionalism in its operations. The bank has recently migrated to a state- of-the art banking software with the aim of improving it services and products offering.

Twiga Bancorp Limited (TBCL) invites suitable applicants to fill the following posts

POSITION: Branch Manager ( 1 Post)

Location: Dar Es Salaam

NATURE OF EMPLOYMENT: Permanent and Pensionable
APPOINTING AUTHORITY: Chief Executive Officer
RESPONSIBLE TO: Director of Operations and ICT

DUTIES AND RESPONSIBILITIES
  • The Branch Manager is responsible to the Director of Operations and ICT for smooth running of the day to day branch activities.
  • Drive the Branch Business by growing revenues, loan book while controlling expenses in line with pre-agree objectives and targets.
  • Ensuring efficient and economical administration of the Branch.
  • Ensuring safety and security of Branch assets is maintained all the time.
  • Controlling overall activities of the Branch and ensuring efficient services to customers.
  • Ascertaining that all branch returns including daily activities summary are prepared on daily, weekly and monthly basis and submitted to Head Office and Bank of Tanzania promptly.
  • Carrying out TBCL policies and ensuring that all staff under him/her join in carrying out the instructions.
  • Recommend to the Director of Operations and ICT on appointment, promotion or removal of subordinate staff.
  • Ascertaining that adequate staff rotation and on job training age carried.
  • Promoting healthy relations between management and staff as well as maintaining sound public and staff relations.
  • With the assistance of Branch Accountant to deal with matters of General accounting and administration of the Branch
  • Opening and examining all mail from Head Office and signing all outgoing Head Office and other correspondences.
  • Scrutinizing daily all branch vouchers and records to ensure that the day's activities have been properly carried out and accounted for.
  • Carrying out periodic surprise snap checks of cashiers.
  • Advising the Director of Operations and ICT on how to expand the TBCL's business.
  • Appraise staff performance in the branch.
  • Carrying out any other duties as may be assigned by Director of Operations and ICT.

Required Education & Experience:
  • Holder of Master's degree in Economics, Commerce,
  • Business Administration, Accounting, Statistics
  • Banking or equivalent from a recognized Institution with not less than 9 years working. experience in Banking industry 3 of which should be at Senior Managerial level.
  • Sound knowledge of Branch operations in banking industry.
  • Fluent communication skills in English and Swahili (both verbally and in writing).

Required Skills, Knowledge & Competencies:
  • Willing to work in a small team
  • Good organizational skills
  • Result and quality oriented
  • Good communication skills
  • Pro-active, self-starting approach
  • Willing to adapt quickly to changes in environment
REMUNERATION
Attractive remuneration package will be offered to the successful candidate.

How To Apply:
All applications should be addressed to:

The Chief Executive Officer,
Twiga Bancorp Limited,
P.O. Box 10119
Dar es Salaam.

Physical Address: Twiga House, Samora Avenue, 2nd Floor, CEO's Office.

Application should reach the Chief Executive Officer on or before 4.00pm on 20th July, 2015.

Only shortlisted applicants will be contacted

Details source: Daily News, 06th July 2015


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Monday

Credit Officers – Group Lending (1 Post) - Tanzania Postal Bank


Tanzania Postal Bank (TPB) seeks to appoint dedicated, self-motivated and highly organized Credit Officers – Group Lending (1 position) to join the Retail and Business Banking team. The work station is Songea.

Reporting Line: Branch Manager (BM) or Branch Operations Manager(BOM)
Locations: Songea
Work Schedule: As per TPB Staff regulations
Division: Branches
Salary: Commensurate to the Job Advertised

Essential Duties and Responsibilities:
i. Achieve and maintain the following monthly performance targets:
· At least 340 active clients;
· A portfolio outstanding of at least TZS. 100 million.
· A portfolio at Risk (PAR) above one day rate not exceeding 2% at all times.
ii Participate in the recovery of written off loans in accordance with TPB’s loan recovery guidelines.
iii Active mobilization, sensitization, formation and recruitment of economically active members into the groups as well as promoting a saving culture and savings mobilization in the groups.
iv Ensure timely loan repayments and security deposit collections in all groups.
v Ensure that all clients’ loan repayments are accurately posted in the loan tracking system.
vi Ensure weekly/biweekly/monthly attendance of meetings by all group members through training and maintenance of attendance registers.
vii Ensure accurate and timely filing of all Group Loan documentation.
viii Ensure effective monitoring of loans through regular visits to clients and manage delinquency alarm signals by following up on problem clients.
ix Generate and instill solidarity group pressure in each group as the basis of Co-guarantor ship.
x. Liaise with the Credit Supervisor to ensure speedy payment of claims in event of death calamities.
xi. Ensure that all the loan repayment collections are deposited to TPB’s bank account by the group officials within 12hours.
xii. Ensure that all groups are constantly full through continuous mobilization and timely replacement of exited clients.
xiii. Cross sell other TPB’s products and services.
xiv. Attend any other duties as may be assigned by the Credit Supervisor.

KEY DUTIES:
§ To serve customer effectively
§ Posting transactions
§ Coordinate all counter activities while ensuring that quality service is provided to customers

CONTRIBUTES TO
· Customer – Service Delivery/Enquiries
· Efficient and Quality Service to Customers

KEY PERFORMANCE INDICATORS
· Customer Satisfaction
· Individual Productivity and Turnaround time
· Minimum Cash Differences
· Accuracy of Transactions Postings

EXPERIENCE AND KNOWLEDGE REQUIRED:
Education:
Bachelor’s degree/Advanced Diploma in Banking, Economics, Commerce, Business Administration, Finance, Accounting from any recognized University or equivalent qualification.

Experience:
- At least 1 - 3 years of relevant Banking Experience
- Working knowledge of Equinox Functionality
- Computer literate is desirable.

Performance Measures
(i) Ensure quality services to customers
(ii) Collection of all commissions, fees and charges at 100%
(iii) Increase of transactions and Deposit values as per strategic plan
(iv) Daily Days work balanced, verified and signed
(v) Ensure adherence to TPB core values
(vi) Reconcile all accounts and prepare required reports
(vii) Compliance with service delivery standards


How To Apply:
The position will attract a competitive salary package, which include benefits. Applicants are invited to submit their resume (indicating the position title in the subject heading) via e-mail to: recruitment@postalbank.co.tz


Applications via other methods will not be considered.

Applicants need to submit only the Curriculum Vitae (CV) and the letter of applications starting the job advertised and the location. Other credentials will have to be submitted during the interview for authentic check and other administrative measures and should not in any way be attached during application.

Tanzania Postal Bank is an Equal Opportunity Employer and is very committed to environmental, health and safety Management.
Tanzania Postal Bank has a strong commitment to environmental, health and safety management.

Late applications will not be considered. Short listed candidates may be subjected to any of the following: a security clearance; a competency assessment; physical capability assessment and
reference checking.

Please forward your applications before 2nd July, 2015



Saturday

Branch Manager - (PBZ Mtwara) - 2 Posts


The People's Bank of Zanzibar limited (PBZ) was established in June 30, 1966 under Cap.153 of the Zanzibar Companies Decree.

The primary function was to carry on the business of commercial banking activities in all of its branches and Departments within Tanzania.

The Bank is currently offering Conventional and Islamic banking services in eight branches in Zanzibar and two branches in Tanzania Mainland, with power to receive deposits, invest, lend money and other related commercial banking.

The Bank is currently undertaking expansion of her services therefore automatically demand the human capital with suitable skills and qualification to fill the following vacant post

POSITION: BRANCH MANAGER  (MTWARA) - 2 posts

1. Mtwara Branch Conventional
2. Mtwara Branch Islamic

Successful candidates will be responsible to achieve branch targets on all parameters and provide first class customer service and management of the branch in all areas of the bank's business in order to enhance profitable operations of the brand.

Main Duties & Responsibilities
Monitor and manage the activities of the branch to ensure adequate control and cost effectiveness in all areas
Grow the branch business in accordance with bank's budget and business plan
Ensure compliance with all internal policies, risk and audit requirements.
Grow and administer loan portfolio at the branch in accordance with the bank's procedures
Maintain good public relations with customers and the community.
Contribute to the fulfillment of the bank's objectives and goals.

EDUCATIONAL QUALIFICATIONS
University graduate preferably in Banking Business/ Management.
Professional qualification e.g. Institute of Bankers diploma would be desirable.

EXPERIENCE AND COMPETENCIES REQUIRED
Three years (3) minimum experience in a managerial position in Commercial Banks.
Some experience, at bank branch management level would be desirable.
Strong service ethics.
Knowledge and experience in Islamic banking will be an added advantage.
Computer literacy and applications in windows, and other packages.
Interpersonal skills to create and maintain relevant business networks
Knowledge and effective application of PBZ policies, procedures and regulatory guidelines to consistently achieve required compliance standards
Good communication, writing and presentation skills

TERMS OF EMPLOYMENT:
Three years contract (Renewable)

REMUNERATION
Attractive salary with PBZ Scales/Grades will be offered to the selected candidate


MODE OF APPLICATION:

All applications enclosed with CVs, Photocopies of certificates,
Testimonials, Name and address of two referees should be addressed to

The Managing Director
The People's Bank of Zanzibar Ltd
P.O. BOX 1173
ZANZIBAR

All applications should be received not later than 25th June 2015

 Details Source: Daily News, 11th June 2015



You may also see Vacancies from - Tanzania Revenue Authority

Legal Officer - PBZ Unguja


The People's Bank of Zanzibar limited (PBZ) was established in June 30, 1966 under Cap.153 of the Zanzibar Companies Decree.

The primary function was to carry on the business of commercial banking activities in all of its branches and Departments within Tanzania.

The Bank is currently offering Conventional and Islamic banking services in eight branches in Zanzibar and two branches in Tanzania Mainland, with power to receive deposits, invest, lend money and other related commercial banking.

The Bank is currently undertaking expansion of her services therefore automatically demand the human capital with suitable skills and qualification to fill the following vacant post

POSITION: LEGAL OFFICER (Unguja)

Successful candidates will be responsible to achieve the Bank targets on all services and deliver the corporate relationship services as per procedure in order to enhance the profit of the Bank.


MAIN DUTIES AND RESPONSIBILITIES:
  • Prepare legal contracts between the Bank and other parties.
  • Verify correctness of information in loan agreements, securities and other legal documents before submission to Management.
  • Assist in organizing Board of Directors
  • Management and other meetings according to the bank's procedures.
  • To appear before the court on behalf of the Bank

EDUCATIONAL QUALIFICATIONS
University graduate preferably in Laws, majoring in Company and Commercial laws.

EXPERIENCE AND COMPETENCIES REQUIRED
  • Ability to interpret legal and statutory documents.
  • Practicing Advocate
  • Computer literacy and applications in windows and other packages.
  • Age should not be above 35 years.
  • Experience of at least 2 years in the legal field:
  • Computer literacy and applications in windows, and other packages.
  • Interpersonal skills to create and maintain relevant business networks .
  • Knowledge and- effective application of 'PBZ' policies, procedures and regulatory guidelines to consistently achieve required compliance - standards
  • Good communication, writing and presentation skills

TERMS OF EMPLOYMENT:
Three years contract (Renewable)

REMUNERATION
Attractive salary with PBZ Scales/Grades will be offered to the selected candidate


MODE OF APPLICATION:

All applications enclosed with CVs, Photocopies of certificates,
Testimonials, Name and address of two referees should be addressed to
The Managing Director
The People's Bank of Zanzibar Ltd
P.O. BOX 1173
ZANZIBAR

All applications should be received not later than 25th June 2015

 Details Source: Daily News, 11th June 2015


You may also see Vacancies from - Tanzania Revenue Authority



Corporate Relationship Manager - 2 Posts


 Corporate Relationship Manager - 2 Posts at People's Bank of Zanzibar


The People's Bank of Zanzibar limited (PBZ) was established in June 30, 1966 under Cap.153 of the Zanzibar Companies Decree.

The primary function was to carry on the business of commercial banking activities in all of its branches and Departments within Tanzania.

The Bank is currently offering Conventional and Islamic banking services in eight branches in Zanzibar and two branches in Tanzania Mainland, with power to receive deposits, invest, lend money and other related commercial banking.

The Bank is currently undertaking expansion of her services therefore automatically demand the human capital with suitable skills and qualification to fill the following vacant post

CORPORATE RELATIONSHIP MANAGER (2 POSTS)

1. Dar es Salaam/Mainland Station - 1 Post
2. Zanzibar station - 1 Post

Successful candidates will be responsible to achieve the Bank targets on all services and deliver the corporate relationship services as per procedure in order to enhance the profit of the Bank.

MAIN DUTIES AND RESPONSIBILITIES
Carry out new Business development and identification of potential market segments. .
Maintain daily good banking relationship with existing customers through regular visiting or Telephone calls
Increase Corporate customer's portfolio for both borrowing and non - borrowing.
Organize a constant flow of banking information and business advice to existing customers to enable them optimize their business.
Prepare monthly reports on the customers complains and keep profile for the top ten over whole the bank and the branches and submit to the Management.
Develop valuable bank products to carter corporate customers need.
Prepare and coordinate annual review of the corporate plan and advising the bank accordingly


EDUCATIONAL QUALIFICATIONS
University graduate preferably in Business Administration (Major in Marketing), or equivalent qualifications obtained from recognized Institutions.
Professional qualification in banking will be added advantage.

EXPERIENCE AND COMPITENCIES REQUIRED
Computer literacy and applications in windows, and other packages.
Interpersonal skills to create and maintain relevant business networks
Knowledge and effective application of PBZ policies, procedures and regulatory guidelines to consistently achieve required compliance standards
Good communication, writing and presentation skills
Knowledge of Corporate Banking Products
Effective communication skills to manage customer expectations (internal and external) and other stakeholders who impact performance
Experience of at least 2 years in Corporate or Customer relationship

TERMS OF EMPLOYMENT:
Three years contract (Renewable)

REMUNERATION
Attractive salary with PBZ Scales/Grades will be offered to the selected candidate


MODE OF APPLICATION:

All applications enclosed with CVs, Photocopies of certificates,
Testimonials, Name and address of two referees should be addressed to
The Managing Director
The People's Bank of Zanzibar Ltd
P.O. BOX 1173
ZANZIBAR

All applications should be received not later than 25th June 2015

 Details Source: Daily News, 11th June 2015

CUSTOMER SERVICE OFFICER at Meru Community Bank


Meru Community Bank is looking looking forward to recruit self-motivated and enthusiastic individuals to join their team in Arusha.


POSITION:  CUSTOMER SERVICE OFFICER

COMPANY: Meru Community Bank
Location: ARUSHA

QUALIFICATIONS
  • Advanced Diploma Degree in Banking, Business Administration, Accounting, Finance or any other relevant Degrees
  • Posses a minimum of 2 years or more experience convesant in bankers realm software will be an added advantage
  • Competence in computer application
  • High level of integrity and morals
  • Good communication skills, analytical skills
  • Team player
  • Ability to work under pressure
  • An ability to work to tight deadlines and within constraints

HOW TO APPLY:
Interested applicants should submit their applications by 5th of February 2015 at 14:00Hours and should endorse a resume and academic and professional testimonials

All application should be addressed to;

General Manager.
Meru Community Bank
P O BOX 365,
USA River, ARUSHA


Deadline: 5th February 2015
Details Source: Majira, 23rd January 2015

CREDIT OFFICER at Meru Community Bank


Meru Community Bank is looking looking forward to recruit self-motivated and enthusiastic individuals to join their team in Arusha.

POSITION:  CREDIT OFFICER

COMPANY: Meru Community Bank
Location: ARUSHA

QUALIFICATIONS
  • Advanced Diploma Degree in Banking, Business Administration, Accounting, Finance or any other relevant Degrees
  • Posses a minimum of 3 years or more experience as credit officer is a must
  • conversant in bankers realm software will be an added advantage
  • Competence in computer application
  • High level of integrity and morals
  • Good communication skills, analytical skills
  • Team player
  • Ability to work under pressure
HOW TO APPLY:
Interested applicants should submit their applications by 5th of February 2015 at 14:00Hours and should endorse a resume and academic and professional testimonials

All application should be addressed to;

General Manager.
Meru Community Bank
P O BOX 365,
USA River, ARUSHA

Deadline: 5th February 2015
Details Source: Majira, 23rd January 2015

BANK TELLER at Meru Community Bank


Meru Community Bank is looking looking forward to recruit self-motivated and enthusiastic individuals to join their team in Arusha.

POSITION:  BANK TELLER

COMPANY: Meru Community Bank
Location: ARUSHA

QUALIFICATIONS
  • Advanced Diploma Degree in Banking, Business Administration, Accounting, Finance or any other relevant Degrees
  • Posses 2 years or more experience in the same field
  • Competence in computer application
  • High level of integrity and morals
  • Good communication skills, analytical skills, team player, ability to work under pressure
HOW TO APPLY:
Interested applicants should submit their applications by 5th of February 2015 at 14:00Hours and should endorse a resume and academic and professional testimonials

All application should be addressed to;

General Manager.
Meru Community Bank
P O BOX 365,
USA River, ARUSHA


Deadline: 5th February 2015
Details Source: Majira, 23rd January 2015

Thursday

Manager Trade Finance


Position:   Manager Trade Finance
Company: National Bank of Commerce (NBC)

Reporting: Head Trade and Cash
Dar es Salaam
Job level: AVP

Job Purpose:

The jobholder will be responsible for business development both with new customers and existing customers where they are expected to increase "wallet share" to manage and sustain a portfolio of Corporate & Investment Banking
Main account abilities and approximate time split Contribute towards the business growth and the achievement of sales targets 60%

Outputs:
  • Ensure you grow the client trade finance business by engaging the bankers in analysing, and selling the best alternative trade finance mix.
  • Formulate trade finance strategy to increase wallet share of the clients. Engage the relationship team in determining the best solutions to retain existing clients and acquire new clients.
  • Create the suitable structure for the best trade finance products, including end to end process flow between front office and back office functions.
  • Negotiate the best price with the view to maximize potential income from trade finance deals.
  • Ensure that at all times you take a view of the big picture in determining prices for clients against the cost of the solution/product.
  • Independently receive, solve and recommend practical solutions on Technical trade finance queries for NBC Itd valued customers
  • Manage communication within the targeted portfolio on NBC Correspondent bank network, tariffs and operational process and procedure.
  • Liaise with business bankers and the Foreign Trade
  • Service to deliver seamless after sale service for Trade Finance transactions.
  • Actively disseminate NBC Itd Trade Finance Capabilities through business interaction (clients and staff), formal internal/external presentations demonstrating the banks abilities in facilitating trade.
  • Manage NBC Itd correspondent banking relationships at a transactional level, route and refer business to preferred correspondents, monitor and generate reports on trade volumes between approved correspondents.
  • Ensure trade finance quarterly, semi-annually and annual reviews are conducted on time.
  • Ensure to circulate information on regulatory changes by government authorities agencies, Central Bank of Tanzania and Group With regards to trade finance or effect on any products offering to the Corporate banking Management.
  • Report and alert relationship management and trade product team on outstanding liability positions, sales volumes and sales revenues for top corporate banking customers.
  • Manage the coordination, establishment, cancellation and customer advices of letter of credit transaction for the top 50 value trade customer base
  • Key driver for monthly financial performance team meetings.
  • Oversee the set target per product. Responsibility over pricing, positioning, service, process and growth.
  • Monitor year on year growth amongst top trade customers, through product cross-sell, increased through-put and new leads.
  • Reconciliation and corrective action responsibility for accounting of portfolio clients, bench marking closed pipeline deals/transactions against NBC trade reporting to ensure no income leakage.
  • Coordinate end to end collating and analyzing customer information on Trade Finance performance on a monthly basis by customer and relationship manager. Flag customer accounts showing reduced volumes and initiating remedial action through prescribed action plans.
  • Monitor, analyse and circulate income/performance reports for specially priced customers Visa Vis volume thresholds established by the Head Trade and Cash & Head , Corporate Banking.
  • Conduct monthly review of all Trade Finance clients on an ongoing basis to address and provide solutions in instances where reduced volumes are witnessed.
  • Monitoring and reporting income earned on non customer relationships
Risk Management 10%
  • Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team.
  • During scheduled audits and management assurance reviews, ensure that all information required by the auditors are provided timeously.
  • Complete required compliance and SOX attestations.
  • Log all Risk and Loss events as a result of error or fraud highlighted in the department. Ensure that the issues are thoroughly investigated and closed or escalated as per policy.
  • Ensure that the CIB team understands all compliance requirements and highlight gaps to the the required authority
  • Ensure that all regulatory requirements are adhered to.
Business Management 20%
  • Obtain a thorough understanding .of the business unit's strategy and explain it to coverage team members in such a way that they understand the contribution they have to make. .
  • Conduct basic statistical analysis to track performance variances and determine the root causes of errors. Make recommendations for productivity or process enhancements to process owners.
  • Implement productivity improvement measures by coaching staff on any new processes or on their areas for improvement.
  • Participate in the measurement and reporting of internal and external Service Level Agreements on a monthly basis.
  • Address any process failures specific to the role at hand
People Management 10%
  • Enhance relationship with coverage team for business opportunities and growth
  • Determine and analyze development needs for the coverage team and ensure that identified training requirements are executed.
  • Establish and maintain a succession plan for the role
  • Motivate to and obtain approval from the Head of Trade & Cash for any additional headcount for the team.
  • Motivate coverage team members and ensure that their efforts are recognized.
Preferred
  • Bachelor of Commerce in Finance, Economic and or degree in banking.
  • Excellent knowledge and experience in Corporate Banking
Experience
  • Should be conversant with all NBC LTD Products
  • Flex cube knowledge is essential
  • 3- 4 years general banking experience, with particular focus on Corporate Banking.
  • Must have trade finance hands on experience of at least 2 years.
Knowledge and Skills Required
  • Communication skills - verbal & Writing
  • Analytical skills
  • Computer literacy
  • Planning and Organizing skills
  • Networking skills
  • Know Your Customer (KYC)
  • Negotiating skills
  • Presentation skills
  • Interpersonal sensitivity
  • Banking Procedures
  • Ability to work independently and under pressure
  • Honest, confident with high integrity
Remuneration:
Attractive salary including performance based bonus on achieving targets and overall business performance

How To Apply:
Applicants are invited to submit their CV's, copies of certificates, 2 referees and their contacts to;

Human Resources Business Partner (Compliance Department)
National Bank of Commerce (NBC)
7th Floor, NBC House          
P,O. Box 1863
Dar es Salaam

Fax no: +255222113749
E-mail: humanresources@nbctz.com

If you are not contacted by NBC within thirty (30) days after the closing date, you should consider your application as unsuccessful.

Please send all applications before 12th, January 2015


Head of Trading


Position:   Head of Trading
Company: National Bank of Commerce (NBC)

Reporting to: Head of Treasury
Dar es salaam
Job Level:VP

Job Purpose:To be accountable for the Treasury Trading team, focusing on executing the mandate of Trading Book Portfolios.
Ensure that all risks are managed under the portfolio in line with the dealing mandates and the relevant policies and procedures

Outputs:
  • Developing and executing trading strategies in line' with the
  • Treasury strategy, the NBC Tanzania trading strategy, and the trading mandate.
  • Approving execution of trading strategies
  • Anticipating market development and identifying trade opportunities with risk-adjusted superior returns
  • Ensuring that the daily transactions and trading activities conform to the set business unit goals and objectives
  • Working closely with the trading desk and sales to support the roll out of Risk Management Products (RMP's)
  • Reviewing and evaluating the performance of individual traders based on business development, income, relationships with counter parties and the regulator, and efforts in growing the trading franchise
  • Keeping up to date with market intelligence and market movements and regularly updating the treasurer, the sales team, and the broader treasury team
  • Generating a daily flash PGL by the cut off time as advised by NBC Tanzania
  • Establishing excellent working relationships with bank counter parties and the regulator (as is appropriate)
Risk Management and reporting 20%
  • Outputs to deliver this accountability:
  • Driving the annual planning and review of trading STP, RAF, and MTP budgets
  • Giving input on and approving dealer mandates for further approval by the head of treasury prior to .submission to risk
  • Reviewing daily risk and EGL reports
Personal development 10%
  • Outputs to deliver this accountability:
  • Actively managing one's own and the team's technical and soft skills development
  • Researching, identifying and proposing training solutions to senior management for one's own and for the teams development
  • Perform all other duties reasonably assigned'
Formal Learning Required
  • A Bachelor degree
  • Computer literacy
  • Preferred Qualifications
  • ACI Dealing Certificate
Experience Required
  • 3-5 years related experience.
Preferred experience
  • Market Making experience
  • Management experience
  • Trading experience
  • In- depth trading knowledge/ experience of local market rates and FX products
  • Knowledge, Expertise and Experience
  • Understanding of the policies, procedures and ethical
  • Requirements of a Treasury environment
  • Leadership skills
  • Good money management skills
  • Understanding of treasury operational processes and controls
  • Excel competency
  • Understanding of mathematics of pricing for FX and
  • Money markets
  • Understanding of political and economic activity and the impacts on exchange rates and interest rates

How To Apply:
Applicants are invited to submit their CV's, copies of certificates, 2 referees and their contacts to;

Human Resources Business Partner (Compliance Department)
National Bank of Commerce (NBC)
7th Floor, NBC House          
P,O. Box 1863
Dar es Salaam

Fax no: +255222113749
E-mail: humanresources@nbctz.com

If you are not contacted by NBC within thirty (30) days after the closing date, you should consider your application as unsuccessful.

Please send all applications before 12th, January 2015


 


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