Position: Senior Manager; Wholesale Recoveries
Job Purpose
To assess and manage troubled loans and other exposures which require a high degree of attention to minimize risks, prevent losses and restore profit through rehabilitation, restructuring and workout.
Job Purpose
To assess and manage troubled loans and other exposures which require a high degree of attention to minimize risks, prevent losses and restore profit through rehabilitation, restructuring and workout.
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Main Responsibilities
- To coordinate and control the management of all Special Assets to ensure credit and other risks are properly identified and assessed.
- Maintain and preserve Bank income streams where a turnaround can be achieved on special asset.
- Formulate action plans and strategies for all accounts adopted by the unit in order to minimize bank’s risk
- Support the Head, SAM to co-ordinate and control the management of all special assets to ensure credit and other risks are properly identified and assessed.
- Manage impairment/provisions for non-performing loans
- Manage all manner of transactions associated with the normal operations of the accounts managed by the unit.
- Manage suspended interests and provisions
- Lead, arrange and/or agree to participate in the formation of any creditors group for account managed by the unit.
- Establish partnerships with business unit and credit department leading to close collaboration and early identification of stressed assets.
- Provide professional business support aimed at resolving challenges faced by stressed clients.
- Good knowledge of BOT regulations on risk asset management, company law and law of insolvency.
- Adequate knowledge and practice on lending policies, procedures and manuals.
- Good understanding of Banks loan products and its end to end credit process.
- Excellent business understanding of Legal Recoveries and ability to manage Collection agencies
- In-depth knowledge of bank credit policies, procedures and systems.
- Good Credit Appraisal, Restructuring Skills and Customer Relationship Skills.
- High degree of communication, negotiation and interpersonal skills
- Time management and organization skills
- Leadership and Coaching skills
- Standard computer skills.
- Undergraduate Degree or Equivalent in Commerce, Finance, Banking, Accounting, Law or any other relevant qualifications from a recognized higher learning institution
- Strong legal background is desirable
- Banking experience of more than 5 years preferably in Special Asset Management, Business Support, or Workout Unit in a Commercial Bank; out of which 2 should be at a managerial level.
- Asset management exposure, Legal Recoveries and Collection agencies management.
- Experience in building and developing high performance teams
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Please be advised that if you are not contacted within 14 working days of the advert closing date then you have not been shortlisted.
“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
Deadline: 2019-12-11
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Position: Head; Strategy
Job Purpose
The role holder will be responsible for development and leadership of the bank's strategic plan. This involves the execution of strategic initiatives through the development of work plans, gathering and generation of relevant data, driving analyses, and the development of actionable recommendations.
Job Purpose
The role holder will be responsible for development and leadership of the bank's strategic plan. This involves the execution of strategic initiatives through the development of work plans, gathering and generation of relevant data, driving analyses, and the development of actionable recommendations.
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Main Responsibilities
- Liaise with Executive Team in establishing KPIs that the business will measure performances against and determine the effectiveness of the implemented strategies.
- Identify the right opportunities across industry, sectors and media, that align with the bank`s ongoing strategy
- Coordinate/lead business performance review meetings including tracking of EXCO scorecards and strategic initiatives
- Develop and analyse business information including spends against approved budget, resource forecasts and tracking, process risk management, and reinforcement of organizational priorities.
- Actively participate in joint venture negotiations and/or entry into new emerging markets: due diligence, integration and accelerated capture of benefits of newly formed ventures.
- Liaise with Executive team on strategic business planning, policy development and problem solving.
- Tracking, monitoring and follow-up on the progress of projects, action items, strategies that emanate from all Committees in which the MD participates
- Participate in all major regulatory projects that have a business impact
- Leading the overall strategy process, including engaging with external consultants as required from time to time.
- Manage bank’s strategy efforts and special projects; involved with projects from start to finish; ensure successful project completion against deadlines.
- Identify opportunities for cost savings and efficient delivery of the bank’s business model for new markets, including outsourcing and offshore opportunities.
- Develop visions and translate them into strategies and operational delivery.
- Supporting the business with development of new value propositions
- Assess tasks to ensure rapid planning and execution as the focal point for collection, analysis and dissemination of information regarding quality operations business strategies.
- Acting as the central point of reference for risk related queries for the MD’s Office
- Ability to identify strategic needs, lead all aspects of planning with sound business recommendations, and generate alignment with key business partners
- Track record of experience managing and mentoring with high integrity and the ability to inspire others
- Experience navigating large and complex organizations, including gaining access to key executives and stakeholders and successfully managing relationship building dynamics and processes
- Highly motivated, with a proven track record of building clients and expansion of client accounts
- Demonstrate strong interpersonal, verbal and written communication skills
- Excellent presentation skills that encompass clear, compelling communications
Qualifications and Experience
- Bachelor’s degree in Business Administration or relevant discipline; Master’s degree is preferred
- Extensive consulting experience in organizational and strategic matters with a wide range of financial services and other large organisations.
- Minimum of 10 years’ brand/marketing/communications strategy experience in integrated, brand and digital communications.
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“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
Deadline: 2019-12-13
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Position: Head; Corporate Communications
Job Purpose
Responsible for advising on the overall NMB Communications and Public Affairs policy in order to promote the Bank's public image and develop an overall strategy and action plans for Corporate Communications, Public Affairs and Corporate Social Responsibility.
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Main Responsibilities
- Be first point of contact for external media relations to ensure positive representation of the bank and its products in all media, including managing media engagement as the bank’s spokesperson and as delegated by the CEO from time to time
- Manage protocol for professional and consistent exposure during public appearances of the CEO
- Manage the bank’s reputation including crisis management in case of any (potential) matter arising that may threat NMBs good and solid image
- Implement a structured programme to facilitate appropriate levels of interaction with a variety of stakeholders, including the public and government officials, lobbying for business purposes, image and policy influence
- Represent NMB, and provide relationship support, towards potential investors, government and other stakeholders
- Provide political, social and economic intelligence to support business decisions through:
- Public policy & political risk monitoring and reporting
-
Stakeholder management, including identification, intervention
and management of potentially damaging issues that may arise from press
reports and other media outlets, bringing these proactively to the CEO
and others for internal deliberation
-
Crisis communication plan implementation, team structure
management and crisis management preparedness, using crisp and well
thought-through business communiqués using the most suitable media given
the situation
- Building and maintaining relationships with both print and electronic media houses
-
Building and maintaining cordial relationships with relevant
Ministries, Permanent Secretaries, Regional commissioners etc.
- Lead the development and delivery of the bank’s Corporate Social Responsibility (CSR) strategy and chair the internal CSR committees
- Facilitate external NMB sponsored CSR events such as ‘Financial inclusion’ initiatives in the branch network
- Define the policy for NMB’s community initiatives in alignment with agreed bank guidelines
- Collaborate with business units to maximise potential from community investments, leveraging client relationships and identifying revenue opportunities
- Identify and pursue relevant external platforms for leadership to enhance the profile of the bank’s community activities
- Manage the Corporate Affairs Team (small team), hierarchically and functionally, supporting the individuals in their professional development. Reach the results through the team executing the corporate communication, Public Affairs and CSR strategy and action plans.
Qualifications and Experience
- Master’s degree in communication, journalism, public relations & corporate communication or in a related field gained from a recognized university
- In case of an alternative Master’s degree a post graduate qualifications in Public Relations/ Mass communication is required
- 7 years’ experience in corporate communication with a leading organization in Tanzania, 5 years in a managerial position
- Experience leading teams, defining and executing a Public Affairs/ Corporate Social Responsibility strategy in a large corporate organization
- Experience navigating complex organizations, including gaining access to key executives and stakeholders and successfully building relationships with functions in a matrix structure.
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“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
Deadline: 2019-12-07
Head; Compliance
Reporting Line: Chief, Risk and Compliance
Job Purpose
Recommended:
Main Responsibilities
NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer.
Please be advised that if you are not contacted within 14 working days of the advert closing date then you have not been shortlisted.
“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
Job Purpose
- Asses the adequacy of efforts made by Management and operational staff in complying with regulatory requirements and support management in building a robust compliance culture based on ethical standards of behavior and thus contributing to effective corporate governance.
- Introduce, review, seek approval and implement all compliance related policies.
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- For internal policies belonging to other units; review, provide recommendations, inventories and assess compliance to regulatory requirements on the internal policies, procedures and guidelines, ensure a follow-up of any identified deficiencies, make recommendations for amendment, where necessary and supervise the implementation of corrective measures to mitigate the identified deficiencies.
- Identify and keep an inventory available to all staff of essential laws and regulations pertinent to the organization.
- Advise the applicable laws, regulations, rules and standards and inform about any developments in these areas and any policy that needs to be in place.
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- Identify and assess the compliance risks associated with the organization’s current and proposed future business activities, including new products, new business relationships and any extension of operations or network.
- Responsible as the Bank’s Money Laundering Reporting Officer (MLRO) hence ensure appropriate internal controls and procedures for money laundering prevention are in place and functioning as intended.
- Monitor compliance with internal policies, procedures and guidelines by performing regular and comprehensive compliance risk assessments and testing; report the results on a regular basis and promptly where deemed necessary to executive management and, if necessary, the Board of Directors.
- Liaise with relevant external bodies and regulators on compliance matters; exercise any specific responsibilities such as reporting suspicious transactions in order to counter money laundering and the fight against terrorism financing.
- Assess the appropriateness of internal policies, procedures and guidelines, including writing new policies, review existing policies, follow-up of any identified deficiencies, make recommendations for amendments, where necessary, and supervise the implementation of corrective measures to mitigate the identified deficiencies.
- Identify and keep an inventory available to all staff of essential laws and regulations pertinent to the organization in order to centralize all information of compliance-related issues (e. g: breach of regulations, procedures, conflict of interest) in order to identify compliance issues.
- Advise management on the applicable laws, regulation, rules and standards and inform them about any developments in these areas and educate staff with respect to compliance with the applicable laws, rules and standards
- Act as an advisor on compliance queries from staff members.
- Business understanding of regulatory requirements and Banking laws
- In-depth understanding of Compliance Risk, bank's products, all bank’s policies, operational procedures and operating systems
- Knowledge of the controls and procedures on Branch operations.
- Policy-writing, Core Banking System, effective risk management, Standard Computer literacy
- Behavioural: Communication, Influencing, Relationship management, Attention to Detail, Time management, Planning and Organizing, Coaching, managing the performance of others, ability to promote strong risk management culture
- Minimum of a Bachelor’s degree in Law / Economics / Banking/ Finance or equivalent qualifications
- A minimum of 10 years work experience preferably in Compliance/Risk management or Audit; internal audit or legal of which 5 years should be at a managerial level
- Experience in building and developing high performance teams.
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Please be advised that if you are not contacted within 14 working days of the advert closing date then you have not been shortlisted.
“NMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it”.
CLICK HERE TO APPLY
Location:
Deadline:2019-11-30
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Job Title: Head; Wholesale Credit
Job Purpose
To
lead, drive the performance of, and actively manage the team charged
with the business of credit assessment and approvals with specific
responsibilities for the Corporate Borrowers as defined by the Bank.
Ensure
the highest standards of credit quality through the assessment,
sampling and application of best practice to credit proposals and
maintenance of the standards
Ensure that only quality assets are recommended for approval and on-boarded.
Drive
origination team on reviews including annual and interim review of
early and timely identification of emerging risks and recommend remedial
actions
To deliver world-class credit assessment and evaluation services for the bank in the corporate space.
Advise
CCO / CREDCO timely on any known potential or actual shift on risk
profile of a borrower / sector providing mitigation or remedial action
in the process
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Main Responsibilities
- Assure quality of the credit assessments done by the unit are in compliance to both external & internal policies and regulations.
- Ensure that all applications submitted to Credit Committees are complete and timely distributed to the members
- Lead by example and be the coach and mentor of coworkers
- Defend the opinion of the unit to the Credit Committees and ensure that this opinion is correctly captured in the minutes
- Ensure credit risk management systems; which include credit rating, limit exposure aggregation and RAC (Risk Acceptance Criteria for credit application processing) are in place
- Assist in preparation and presentation of credit approval packs/ requests to the Credit Committees Challenge pricing
- Contribute proactively to various risk related projects and initiatives owing to synergies (eg stress testing, IFRS 9 etc) especially on aspects pertaining to credit measurement sourcing/management of data for these initiatives.
- Assist the Chief Credit Officer in development and review of Credit Policy & Standards
- Lead the Bank’s credit audit assignments in relation to the bank’s corporate portfolio from Bank of Tanzania and External auditors and ensure all audit queries are attended to timely.
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- Strong understanding of credit analysis and risk management principles.
- Good understanding of Bank of Tanzania evolving regulatory guidelines and reporting requirements in this space of credit management
- Strong problem solving skills (hypothesis-driven thinking, analytical, quantitative, conceptual skills)
- Thorough understanding of the evolving practices for the management of credit risk and regulatory requirements
- Capable of professional discussions with internal and external stakeholders
- Ability to manage system transitions smoothly and source data/ perform periodic computations.
- Time management skills; workflow management skills
- People management skills; Excellent interpersonal and communication skills
- A minimum of a Bachelor’s degree in Banking, Finance, Business, Economics, Mathematics / Statistics
- Professional qualifications e.g. CFA/ CPA preferable
- At least 7 years of banking experience, with the most of it being in Credit Risk Management including corporate lending
- Exposure to Limit/ Collateral system implementation/ management is preferable
- Exposure to credit risk modelling is desirable
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NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer.
Please be advised that if you are not contacted within 14 working days of the advert closing date, then you have not been shortlisted.
Deadline: 2019-11-29
