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

Wednesday

Employment opportunities at NBC Bank Tanzania


Job Title: Chief Operating Officer

Principal Accountability

  • Ensure a world-class operations functions that meet internal/ customer's requirement
  • Run the bank across all non-sales functions( in particular strong focus required on the system and channel stability, customer experience, information technology disaster recovery and business continuity management, meeting regulatory requirements and co-ordinate running of the bank across all operations functions)
  • Transform the bank: align change agenda between product and country priorities and execute the NBC collective change agenda towards the NBC “Go To Bank” Vision
  • To drive the development and implementation of a scalable and sustainable operations strategy and supporting infrastructures
  • To drive the bank’s automation/digitization agenda in line with the strategic ambitions


Main Responsibilities

  • Develop a country operation strategy and execution plan aligned to product strategy, Pan Africa operation priorities and group/Regional input
  • Provide strategic and integrative leadership to the various subunits in operations, ensuring the development and delivery of integrated solutions meeting business expectations
  • To be accountable for the aggregate plan and delivery of systems, operations and the general operating model in-country, aligned to One Africa and country operating model
  • Ensure that strategic objectives of both country and products are translated into a realistic delivery plan with the mechanism for key measurements in place to monitor progress
  • Direct the effective operational management of the operation function in-country to agreed service and cost targets
  • Ensure that non-financial risk is strongly represented at executive committee in line with the required business focus
  • Ensure effective selection, development, and deployment of operations staff to meet ongoing priorities and competency demand from the business functions.
  • Create a “high challenge - high support” performance management culture across the directorate aligned to groups and NBC’s shared values
  • Sponsor appropriate talent planning activities across operations functions including succession planning for the team
  • Provide clear direction on strategic goals, translating and prioritizing them into business and performance measures.
  • Manage the operations functions to headcount and cost targets
  • Pursue own development to increase personal effectiveness


Competencies

  • Strong analytical and problem-solving capabilities
  • Project management
  • Risk management
  • High commercial acumen
  • Communication/ influencing skills
  • Stakeholder/customer relationship management
  • Leadership and people management skills
  • Able to work in a multinational, multi-segment, environment with matrix reporting, cultural differences and varying legal/ regulatory environment


Knowledge & skills required

  • Prior experience in a leadership operational position reporting to country management committee or equivalent
  • Experience in management of specialist teams within on operations functions
  • Has operated in matrix reporting functions
  • Comprehensive understanding of governance and controls within banking as they related to operating policies and practices
  • Good knowledge of the commercial and competitive environment in Tanzania as well as the external economic, political, legal, and regulatory environment and its internal impacts in the regional and Tanzania
  • Experience of working in a multinational, multi-segment environment with matrix reporting awareness of cultural differences and varying legal/ regulatory environments.
  • Experience of building in embedding businesses in African/ other emerging markets





Job Title: Head of Credit

Job Purpose

  • A senior role as a member of the Country Management Committee, The globe holder leads the red function and actively participate in defining strategic objectives of the business; business planning and setting the direction of the business in line with the strategy
  • Credit executive representative on Country/Management Committee(CMC) and Board Credit and Audit Committees.
  • To drive significant change initiatives supporting the One Risk and One Africa strategy and ensuring effective communication and management of key stakeholders
  • Working to ensure that the country strategic objectives are delivered within the risk appetite framework set by the board.
  • Accountable for ensuring the right people, processes, policies, systems are in place to achieve cost-effective and efficient credit management within the country that is aligned to strategic objectives and risk target operating model.
  • Lead and drive the performance of direct reports and create an environment where all individuals are developed to the best of their ability ensuring talent and under-performance proactively managed


Main accountabilities and approximate time split

  • Develop highly motivated teams of country heads, maintaining excellent relationships with leadership teams and across the wider country/ Africa Risk team to ensure achievement of business goals
  • Create a high-performance environment in which all employees are engaged
  • Oversight of reward/recognition decisions for the credit function
  • Drive the credit training plan across the functions to ensure the training and development needs are actively managed. Set challenging objectives and ensure effective performance development and succession planning for the team.
  • Drive the development of credit specialization to build in-house expertise that can be efficiently transferred across Africa
  • As a voting member of the credit committee, make lending decisions for wholesale and retail transactions - exercising personal judgment in the evaluation and approval/decline of credit proposals in accordance with credit appetite and policy
  • Oversight responsibility for personal and team adherence to governance compliance and lending portfolio controls. Ensuring conformance to policy and procedures
  • Responsible for the data integrity of country information used manage & monitor credit risk
  • Ensuring effective management of the country and the sovereign risk that is responsive and adaptable to country crisis situations
  • Delivering within and greed retail and wholesale impairment budge, ensuring that the agreed asset quality of the portfolios is maintained in line with agreed risk appetite
  • Drive an environment of added value where everything is done to add value to ensure business unit delivers a service which is truly adding value and is seen as key to the business delivering against stretching targets.
  • Responsible for delivering consistent and timely credit risk decisions.
  • Drive communication and formal feedback process between credit and the business to build trust, partnership and appreciation of credit function amongst business partners
  • Initiate and proactively embed agreed change initiatives in support of one risk and one africa strategic objective, driving process and quality improvement, cost reduction and development of credit professionals. Promote a culture of continuous improvement and driving necessary changes
  • Deliver organisational cost within the agreed budget
  • Drive the continual need for greater efficiency Ensure capacity to manage volume workflow to world-class standards of quality and cost
  • Develop and maintain strong network of internal contacts at a senior level
  • Manage risk and control effectively by applying applicable risk frameworks and embedding a positive risk culture
  • Understanding of on role in the air and processes in which you play a part, including applicable risks and controls
  • Adhere to NBC’s policies and procedures applicable to own role, demonstrating sound judgement and responsible risk management
  • Report of risk events/ incidence/ issues using the defined process for your business area and help to understand why this happened and how to prevent them in the future. Proactively look for ways to improve the control environment by considering what could go wrong in the process you operate and how errors could be prevented
  • All mandatory training and certification completed to deadline


You May Also Apply:



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Technical Skills/Competencies

  • Strong intellect balanced by practical and programmatic approach
  • Decisive
  • Strong internal and external networking
  • Analytical
  • Credit risk management
  • People management and coaching
  • Communications (written and oral) and presentations
  • Excellent negotiation and influencing
  • First class credit assessment, structuring, and sanctioning skills
  • Commercial entrepreneurial
  • Relationships/ partnership approach
  • Customer/ market perspective
  • Technical skills and knowledge
  • Problem solving/ decision making


Knowledge, Expertise, and Experience

  • First class technique credit skills
  • Excellent business awareness and specific industry/ international risk awareness
  • Detailed knowledge of risk management policy, procedures, and pricing
  • Excellent knowledge of country/ sovereign risk issues
  • Comprehensive credit-related product knowledge
  • Excellent knowledge of the social, economic political and regulatory environment within Tanzania
  • Proven track records in the successful delivery of credit risk management
  • Exercising judgment and discretion for larger credit exposures
  • Managing risk and reward


Remunerations:
Attractive Salary

Applicants are invited to submit theiCVsvs, copies of certificates, two referees and their contacts to:
Human Resourcing
Human Resource Department
National Bank of Commerce(NBC)
HRResourcing@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 21st May 2018

NBC is an equal opportunity employer

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


Cash Manager


Position:  Cash Manager
Company: National Bank of Commerce (NBC)

Report: Head Trade and Cash
Location: Head Office Dar es Salaam
Job level: AVP

Job Purpose:
This is a specialist cash management role involving creating strategy around customers' payments and collections, putting in place plans to meet the required strategic objectives and managing the team to achieve the objectives for cash management.

Main Accountabilities:
  • Achieve sales performance target as specified and agreed.
  • This will come from percentage of collections and payments business from a corporate customer
  • Timely deliver exceptional cash management solutions to customers with the view to keep customers satisfied and doing their transactions with us.
  • Update sales pipeline daily as new business opportunities are identified and existing deals are closed.
  • Ensure uninterrupted sales of cash management products to all corporate clients.
  • Oversee the activities of the cash management team to ensure effective delivery of NBC Corporate Banking cash Management solutions.
  • Establish standing procedures for the operations of the cash management team, and report back to your line manager any deviations with the view to correct them and or take necessary correction actions.
  • Review and update the department's organization structure and role description on at least an annual basis to ensure that they are fit for purpose and contain all the accountabilities of each team member.
  • Research, create and follow up on a target list for potential new business
  • Identify priority customers using the Customer
  • Relationship Planning templates to assess their present and potential contribution. .
  • Control and quality of the portfolio, using available triggers and adherence to Risk management guidelines and policies.
  • Participate in the measurement and reporting of internal and external Service Level Agreements on a monthly basis.
  • Address any process failures specific to the department under management.
  • Ensure that processes, control requirements and risk management frameworks that have been designed for the area are understood by all members of the team. .
  • For audit findings that have an impact on the area, work with the Head of Trade and Cash to understand what actions are required to close out findings. Implement required actions
Competences:
  • Banking Procedures
  • Credit Risk skills
  • General Corporate skills
  • Communications skills
  • Know Your Customer (KYC)
  • Relating and networking
  • Persuading and influencing
  • Analytical skills
  • Computer literacy
  • Networking skills
  • Negotiating skills
Qualifications:
  • Bachelor of Commerce in Finance, Economic and or degree in banking
Experience:
  • Must have cash management hands on experience of at least 4 years.
  • Excellent knowledge and experience in Corporate Banking
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

 


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