Tanzania Agricultural Development Bank Limited (TADB) is a Government Institution established under the Companies Act 2002 and licensed under the provisions of the Banking and Financial Institutions Act No 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012. The bank has the following key objectives:
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- To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
- To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
- To be an important player in the implementation of the Government’s development vision, policies and programmes, including but not limited to the Tanzania Development Vision 2015, Agricultural Sector Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial Sector Reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA). and Zanzibar Strategy for Growth and Reduction of Poverty (MKUZA);
- To build on existing agro financing activities through provision of short, medium and long-term facilities to the following: smallholder farmers’groups, savings and credit cooperative societies (SACCOS), community banks, commercial banks and microfinance institutions (MFIs) that are active in lending to the agricultural sector;
- To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional Administration as well as the numerous players active in this sector;
- To assist the Government in implementing its policies on enhancing financial inclusion and economic empowerment in the rural areas.
The TADB is hereby inviting applications from suitably qualified candidate to fill the following vacancies:
DIRECTOR OF PORTFOLIO -1 Vacancy, DSM
Nature and scope:
Reporting to the Managing Director, the role holder will be responsible for maximizing the bank’s risk adjusted return by assisting to limit its credit risk exposure to within acceptable parameters.The Director of Portfolio will oversee and manage credit appraisal and administration, monitoring and evaluation of the project as well as restricting and recovery.
He/She will also be responsible for proposing and implementing credit policies, setting procedures and action programmes for credit due diligence and analysis, documentation as well as monitoring of the bank’s loan portfolio, to achieve maximum developmental impact and operational sustainability.
Key Responsibilities;
- Identifying, measuring, and communicating the credit risk profile of the bank from a second line perspective Ensuring all necessary credit risk related policies, procedures, manuals and tools are in place and kept up to date.
- Monitoring, measuring and reporting about the effectiveness of the bank’s credit risk controls, proposing enhancements where required.
- Oversees the credit functions including appraisal of credit facilities, assessment of adequacy of credit documentation including genuineness of collaterals and preparation and submission credit application to various committees,
- Conducting periodic monitoring of credit related activities, providing timely identification and reporting of significant risks and losses and effectiveness of risk mitigation actions.
- Ensure timely submission of periodic reports on production, sales, finance and investment for operating borrower companies, including financial intermediaries.
- Ensure regular preparation of portfolio review reports and alert relevant departments on required actions.
- Ensure timely preparation and submission of annual/periodic performance reviews of the lending portfolio.
- Set and implement credit/business impact evaluation framework and benchmarks pursuant to the bank’s development mandate and objectives.
- Develop, recommends, and implements loan recovery strategy for the bank.
- Review work performance of staff in the Directorate including their development, deployment, appraisal, training and welfare in line with the bank’s objectives.
- Carry out any other related duties as may be assigned to him/her by the Managing Director from time to time.
- Master’s Degree/Postgraduate qualifications in Business Administration, Economics, Finance Agricultural Economics or related discipline.
- Minimum of 10 years’ relevant experience of which 5 must be in a senior position in a busy development/commercial bank or banking/finance institution.
- Must have experience in dealing with agriculture financing and strong experience with re-financing and lending to the agricultural sector.
- Strong written and communication skills with ability to write reports in a concise and focused style.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures.
- An understanding of the credit risk policies and BOT requirements.
- A broad understanding of policies and strategies within the country as they relate to the demands ofTADB customer base. Knowledge of accounting and in-depth financial analysis and highly motivated individual with a compelling sense of urgency. Detail-oriented and accurate with numbers and data, strong focus on data driven metrics and continuous improvement.
- Solid project and team leadership skills as well as the ability to establish and maintain effective working relationships.
- Robust critical and strategic thought process and ability to communicate complex and technical information.
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The TADB is hereby inviting applications from suitably qualified candidate to fill the following vacancies:
ZONAL MANAGER – 3 Vacancies.
Nature and Scope:
Reporting to the Director of Business Management, the role holder has the overall responsibility for the development and management of corporate relationships in the zone. He/she will also be responsible for the day to day administrative services of the Zonal Office.
Key Responsibilities;
- Identify entities in the Agri value chain with a potential to bring impact in the Agri sector.
- Identify business opportunities, develop and maintain client relationships that includes cross selling of all TADB products, to achieve set targets; as well as visiting existing customers.
- Enabling Business Development Teams in the Zones to achieving key performance areas set for the zone.
- Implement TADB strategy of acquisition and maintenance of the portfolio and fulfilling customer’s requests, proper maintenance, collection and recovery where necessary in a professional manner.
- Implementing an acquisition strategy that is focused on building and maintaining high quality and long-term relationships with customers.
- Aligning with the Government Agriculture Sector Development Program (ASDPII) within the zones by targeting key crops.
- Engagement with partners and key stakeholders.
- Ability to identify opportunities within the TADB ecosystem.
- Ensure supervision of Zonal Teams and leadership across the zone in enhancing both the performance and engagement of subordinates in order to achieve desired targets.
- Ensure Zonal Team advise clients on financial and economic issues that could affect their businesses and/or the bank facilities.
- Ensure day to day Zonal Operational Activities are management in an effective and efficient manner.
- Review work performance of staff in the Zonal Office including their development, deployment, appraisal, training and welfare in line with the bank’s objectives;
- Control expenditure within approved limits.
- Ensure necessary/relevant bank records are kept and updated as required.
- Carry out any other duties assigned by your Line Manager/Supervisor.
- Master’s Degree in Business Management/Administration, Agribusiness, Finance, Economics, Banking or related discipline.
- Minimum of 6 years’ relevant experience, of which 3 must be in a senior level in reputable company or financial institution.
- Ability to analyze financial and economic data and interpret them.
- Leadership, motivation, people management skills with good interpersonal skills and great emphasis on teamwork.
- Team player with strong interpersonal skills and strong working knowledge of processes and practices pertaining to Agriculture financing deals.
- Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
- High level of responsiveness and ability to ensure the Zonal Team operate with a high degree of urgency and work in a pressurized environment
- Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
PRINCIPAL TRADE FINANCE OFFICER – 1 Vacancy, DSM
Nature and scope:
Reporting to the Business Development Manager, the role holder is responsible for delivering through acquisition, Implementation and Management of Trade Finance portfolio. He/She also Coordinate implementation of Trade Finance, Cash management and Treasury products for Agriculture Value Chain Development project, including; technical support, financial management, monitoring of project activities and reporting.
Key Responsibilities;
- To identify new business and develop relationships with prospective clients in conjunction with the Business Development Manager.
- To assist in expanding current business in accordance with bank’s plans and strategies.
- To assist in reviewing the Transactional business portfolio of the bank including Treasury and prepare portfolio review reports.
- To carry out minor market research for possible expansion and development of new projects/business.
- To identify companies of good credit standing likely to have a requirement for the AgricultureTransactional finances from the bank.
- To identify and develop Trade business opportunities with companies/clients at a satisfactory rate of return to the bank.
- To serve clients’ needs through a range of bank’s transactional products and services by originating deals.
- To provide a superior level of customer relations and service; and ensure compliance with bank’s policies and procedures.
- To review the Trade Finance portfolio annually and as when required.
- Identify incidents or developing situations such as outages that could potentially lead to client complaints and alert management accordingly.
- Perform quality reviews of all Transactional finance loan portfolio.
- Provide our clients with trusted Trade Finance advice that will enable them to fully appreciate the capabilities of TADB.
- Ensure proper controls are included into all risk management for the bank’s projects.
- Perform the assessment of Audit results as related to Transactional business development
- Implementation of the department strategy by working with various internal/external stakeholders to provide/translate/design functionality, (i.e. Navigation, look and feel)
- Carries out ongoing customer research and Development of marketing plans in conjunction with the Banks.
- Carry out any other duties assigned by your Line Manager/Supervisor.
Qualifications, Knowledge, Experience:
- Bachelor’s degree in Business Administration, Banking, Economics, Agriculture, Finance or Marketing.
- Master’s degree/MBA/Professional accreditation will be an added advantage.
- Minimum of 5 years’ relevant experience, of which 3 must be in a senior level in reputable company or financial institution.
- Strong client focus ability and external orientation with the ability to understand client needs and stay abreast of macro-economic trends and contemporary finance and treasury practices
- High strategic, consultative and solution orientation with the ability to assess client needs at a relationship level and to package the banks products in response.
- Strong working knowledge of processes and practices pertaining to Agriculture financing deals.
- Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
- Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
- Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
- High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment.
- Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
SENIOR BUSINESS DEVELOPMENT OFFICER – 2 Vacancies
Nature and scope:
Reporting to the Zonal Manager, the role holder is responsible for the business development and management of corporate relationships within a zone.
Key Responsibilities;
- To initiate proposals for new business and develop relationships with prospective clients in conjunction with the Zonal Manager.
- Advice the Zonal Manager on all matters in the department.
- Develop and market the bank’s business through contact with corporate customers, high net-worth individuals, government and quasi-government bodies, and other prospective clients.
- Identify companies/institutions within a zone of good credit standing likely to have a requirement for the corporate banking services of the bank;
- Identify and develop business opportunities with companies/clients at a satisfactory rate of return to the bank;
- Serve clients’ needs through a range of bank’s products and services by originating loans and projects;
- Provide a superior level of customer relations and service; and ensure compliance with bank’s policies and procedures;
- Provide support to driving different business engagements and initiatives within a zone in conjunction with the Zonal Manager;
- Provide support to developing, orchestrating and implementing effective internal and external business strategies;
- Provide support to promoting a pro-business mindset and culture in the Bank’s environment;
- Obtain all the client information necessary for the appraisal of a credit proposition and liaise with Credit Analysts as and when appropriate;
- Assist in preparation of business plans and budgets for the zone;
- Carry out any other duties assigned by your Line Manager/Supervisor.
- Bachelor’s degree in Economics, Business Administration, Agricultural Economics, Finance, Accounts, Banking or related discipline.
- Master’s degree/MBA/Professional accreditation will be an added advantage.
- Minimum of 3 years’ relevant experience in reputable company or financial institution.
- Strong client focus ability and external orientation with the ability to understand client needs and stay abreast of macro-economic trends.
- High strategic, consultative and solution orientation with the ability to assess client needs at a relationship level and to package the banks products in response.
- Strong working knowledge of processes and practices pertaining to Agriculture financing deals.
- Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
- Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
- Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
- High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment.
- Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
REMUNERATION
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
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MODE OF APPLICATION AND DEADLINE
Job applicants are required to apply for these employment opportunities through this email, careers@tadb.co.tzPlease note: applicants are required to attach the following to their respective application.
- Application letter showing how they meet the requirements of the position;
- An up-to-date Curriculum Vitae;
- Contacts stating name in full, physical address, telephone numbers and e-mail addresses of the candidate;
- Certified copies of relevant certificates
- Names and full contacts of three (3) referees.
For further information, please visit the Bank’s website: Website: www.tadb.co.tz
