ABOUT TANZANIA AGRICULTURAL DEVELOPMENT BANK (TADB)
Tanzania Agricultural Development Bank Limited (TADB) is a government development finance institution operating under the Ministry of Finance and Planning. TADB is registered under the Companies Act. of 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, of 2012.
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The Bank operates as a Development Finance Institution in line with its Business License No. 002 issued by the Bank of Tanzania on 4th August 2015.
TADB was established to facilitate the attainment of two broad goals which are:
- Contribute to the achievement of sustainable food self-sufficiency and food security.
- Transformation of agriculture from subsistence to commercial in order to effectively and sustainably contribute to economic growth and poverty reduction.
Vision
To be a champion development finance institution for agricultural transformation in Tanzania.
Mission
To catalyse agricultural transformation through innovative financing solutions in order to develop sustainable and inclusive value chains, contribute to economic growth, food security and poverty reduction.
TADB is looking to fill in the below vacancies:
ZONAL MANAGER
OPEN POSITIONS – 1
WORK STATION: NORTHERN ZONE (ARUSHA)
NATURE AND SCOPE:
Reporting to the Director of Credit and Business, the Zonal Manager is a senior-level position responsible for managing and supervising the bank’s operations within a specific geographic zone. The Zonal Manager is responsible for development and management of corporate relationships in the zone, day to day administrative services, ensuring that the bank’s activities align with its overall mission and objectives, and that they are conducted in a manner that is ethical, efficient, and effective.
KEY RESPONSIBILITIES:
- Strategic Planning: Develop and implement strategic plans for the zone to achieve the bank’s objectives and increase its reach in the area.
- Business Development: Develop and maintain relationships with key stakeholders, such as clients, government agencies, and other financial institutions, to identify potential investment opportunities and expand the bank’s portfolio in the zone.
- Risk Management: Manage the bank’s risk exposure within the zone, including credit risk, market risk, operational risk, and reputational risk.
- Financial Management: Manage the finances of the branches within the zone, including budgeting, financial reporting, and forecasting.
- Team Management: Recruit, train, and develop staff within the zone, and ensure that they have the necessary skills and knowledge to meet the bank’s objectives.
- Procedure Enhancement: Ensure that the bank’s operations within the zone are conducted in a manner that is compliant with applicable laws and regulations and align with the bank’s mission and values.
- Performance Management: Develop and implement performance metrics to measure the success of the businessdevelopment officers within the zone, and ensure that they are meeting their goals and objectives.
- External Relations: Represent the bank in meetings and conferences with stakeholders and other organizations within the zone, and build relationships that will enhance the bank’s reputation and credibility.
- Project Management: Oversee the bank’s approved project management activities within the zone, including the development of project plans, timelines, and budgets, and ensure that projects are completed on time, within budget, and to the required quality standards.
- Identify entities in the Agri – value chain with a potential to bring impact in the Agri-sector.
- Control expenditure within approved limits.
- Engagement with partners and key stakeholders.
- 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.
- 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 (ASDP II) within the zones by targeting key crops.
- Ability to identify opportunities within the TADB ecosystem.
- 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.
- Carry out any other duties assigned by your Line Manager/Supervisor.
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FUNCTIONAL/TECHNICAL COMPETENCIES:
- Ability to identify and take advantage of new business opportunities.
- Ability to identify and manage business risks.
- Ability to interpret central bank policies on financial regulations and implement them within TADB’s strategic plan.
- Ability to compare and contrast TADB products with competitors and actively exploit all sources of potential sales opportunities.
- Ability to interpret financial statements.
- Highly developed credit appraisal skills.
- Proven skills in sales and customer service.
QUALIFICATION, KNOWLEDGE, EXPERIENCE:
- Master’s Degree in Business Management/Administration, Agri-business, Finance, Economics,
- Banking or related discipline.
- At least 5 years working experience of which 2 must be in a senior/managerial position in related field.
- Ability to analyze financial and economic data and interpret them.
- Strong written and communication skills with ability to write reports in a concise and focused style.
- Possession of leadership and people management skills, and a team player with strong interpersonal and organizational skills.
- Self-motivated and able to manage and prioritize work load with minimum supervision.
- Computer literate with highly developed computer application skills.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures will be an added advantage
PRINCIPAL BUSINESS DEVELOPMENT OFFICER
OPEN POSITIONS – 2
WORK STATION: EASTERN ZONE (DAR ES SALAAM).
CENTRAL ZONE(DODOMA)
NATURE AND SCOPE:
Reporting to the Zonal Manager, the Principal Business Development Officer (PBDO) is a senior-level position responsible for managing the bank’s operations, strategy, and financial performance. The PBDO is responsible for ensuring that the bank’s business development activities align with its mission and objectives, manage corporate relationships within the zone, and conducted themselves in a manner that is ethical, efficient, and effective.
KEY RESPONSIBILITIES:
- Business development: Build and maintain relationships with key stakeholders, such as clients, government agencies, and other financial institutions, to identify potential investment opportunities and expand the bank’s portfolio.
- Identifying new business opportunities and expanding the bank s reach.
- Project management: Oversee the bank’s project management activities, including the development of project plans, timelines, and financials, and ensure that projects are executed and completed on time, within allocated resources and approvals, and to the required quality standards.
- Performance management: Develop and implement performance metrics to measure their success, and ensure that the bank is meeting its goals and objectives.
- External relations: Represent the bank in meetings and conferences with stakeholders and other organizations, and build relationships that will enhance the bank’s reputation and credibility.
- 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.
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FUNCTIONAL/TECHNICAL COMPETENCIES:
- Ability to identify business areas where the bank can be more effective, and propose plans to implement these changes.
- Analytical Skills: Experience in interpreting financial information/statements.
- Ability to evaluate credit application proposals.
- Industry knowledge: Candid knowledge of products in the industry and the business opportunities.
- Sales Skills.
QUALIFICATION, KNOWLEDGE, EXPERIENCE:
- Master’s degree/postgraduate qualification in Economics, Business Administration, Agricultural Economics, Finance, Accounts, Banking, or related discipline.
- Minimum of 3 years’ experience in business development and/or relationship banking at a Senior Officer level.
- Computer literate.
BUSINESS DEVELOPMENT OFFICER
OPEN POSITIONS – 3
WORK STATION: NORTHERN ZONE (ARUSHA), LAKE ZONE (MWANZA),
EASTERN ZONE (DAR ES SALAAM)
NATURE AND SCOPE:
Reporting to the Zonal Manager, he/she is responsible for identifying, developing, and managing new business relationships for the bank within the zone.
KEY RESPONSIBILITIES:
- Prospecting for new business: BDOs are responsible for identifying and pursuing new business opportunities for the bank, including both individual, cooperatives and corporate customers. This involves conducting market research, identifying potential customers, and developing a sales strategy.
- Building Relationships: BDOs are responsible for building strong relationships with new and existing customers, as well as other stakeholders such as industry associations, related ministries, and other organizations. This involves networking, attending events, and developing rapport with key decision-makers.
- Cross-Selling Bank Products and Services: BDOs must be knowledgeable about the bank’s products and services, and be able to identify opportunities to cross-sell them to existing and potential customers.
- Analyzing Financial Data: SBDOs must be able to analyze financial data and market trends to identify opportunities for the bank to expand its business.
- Developing Sales Proposals: SBDOs must be able to develop sales proposals and presentations that effectively communicate the bank’s value proposition to potential customers.
- Negotiating Deals: SBDOs must have strong negotiation skills to close deals with potential customers, including pricing, terms, and conditions.
- 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.
- Perform any other duties assigned by the Supervisor from time to time.
FUNCTIONAL/TECHNICAL COMPETENCIES:
- Ability to identify business areas where the bank can be more effective, and propose plans to implement these changes.
- Analytical skills: Experience in interpreting financial information/statements.
- Ability to evaluate credit application proposals.
- Industry knowledge: Candid knowledge of products in the industry and the business opportunities that underlie these areas.
- Sales skills.
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QUALIFICATION, KNOWLEDGE, EXPERIENCE:
- University Graduate in Economics, Business Administration, Agricultural Economics, Finance, Accounts, Banking, or related discipline.
- Computer literate.
PRINCIPAL CREDIT APPRAISAL OFFICER
OPEN POSITIONS – 1
WORKSTATION: HQ (DAR ES SALAAM)
NATURE AND SCOPE:
The job holder reports to the Credit Appraisal Manager. He/She is responsible in conjunction with the Credit
Appraisal Manager in appraising projects and maintaining client relationships.
KEY RESPONSIBILITIES:
- To provide direct (specialist/ professional) credit assessment and evaluation to whether the credit proposal meets criteria and counter-party credit risk falls within acceptable parameters, and independently recommend appropriate credit proposals, including; terms or conditions where necessary to ring-fence the facilities and related cash flows towards repayment of the facilities to the bank.
- To provide expert input for all papers (for tabling at the Credit Committee/Board Business Committees) to the Credit Appraisal Manager and Director of Credit and Business, and ensuring ample time for their review.
- To identify, quantify and evaluate sources of risks and (where possible) provide mitigation.
- To interrogate information obtained to gain a thorough understanding of business parameters, which create profit/ value as well as the associated risks.
- Be able to defend your own judgment in a manner that does not negatively affect the business relationship.
- To build a smooth working relationship with Zone officers to improve the quality of business proposals and turnaround times on credit evaluation.
- To detect and evaluate shifts or changes in key risk parameters in a business relationship or industry and evaluate the implications of such changes on continued business dealings.
- Take and or recommend remedial /appropriate actions for deteriorating exposure identified during the credit review process.
- To participate in the preparation of several credit reports that shall be required from time to time.
- To participate in several policies review, procedures, and manual preparation relates to credit function.
- To visit projects in different zones within the country for project familiarization on both new and existing clients requesting credit facilities (new loans/renew/enhancement/restructuring etc.).
- To follow up on covenants set during the approval of credit facilities (pre-disbursement and subsequent conditions) to make sure they have been adhered to.
- To assist in providing training and business advisory services to colleagues in lending (Zone officers, junior credit appraisal officers, interns) as well as clients.
- To ensure the necessary and relevant bank records, e.g. loan files, are kept and updated as required.
- To carry out any other duties assigned by Supervisor from time to time.
FUNCTIONAL/TECHNICAL COMPETENCIES:
- Extensive knowledge and skills in credit appraisal/analysis especially those related to agricultural finance for corporate, emerging corporate businesses, SMEs, cooperatives, smaller holder farmers, etc.
- Ability to communicate and present information well both orally and written.
- Proven good interpersonal skills in a Business and Credit environment.
- Knowledge of Bank Credit Products with a focus on agricultural finance.
- Detailed knowledge of credit analysis techniques
- Communications and presentation skills.
- Negotiation skills including the ability to take a clear position (and defend it if needed) with regard to a credit decision about credit facilities.
- Excellent understanding of credit and associated risks
- Excellent understanding and in-depth knowledge of the agricultural sector in Tanzania and worldwide at large.
- Ability to develop action plans to achieve work outputs, identify resources required, and implement the action plan.
- Ability to identify areas where the bank can be more effective, and propose plans to implement these changes.
- Ability to take responsibility for meeting client needs.
- Ability to identify opportunities for improving client services.
- Demonstrates trust in working with colleagues, helps others in achieving targets, and gives open and constructive feedback.
- Ability to analyze the process required in undertaking a piece of work in order to plan tasks.
- Ability to evaluate credit application proposals.
- Ability to interpret financial statements.
- Ability to prepare, write and present credit reports.
QUALIFICATION, KNOWLEDGE, EXPERIENCE:
- Master’s degree/postgraduate qualification in Economics, Business Administration, Agricultural Economics, Finance, Accounts, Banking, or related discipline.
- Minimum of 3 years’ experience in credit assessment and or relationship banking at a Senior Officer level.
- Computer literate.
DRIVER
OPEN POSITIONS – 3
WORK STATION: NORTHERN ZONE (ARUSHA), ZANZIBAR ZONE, HQ (DAR ES SALAAM)
NATURE AND SCOPE:
The job holder reports to the Head of Human Resource and Administration.
KEY RESPONSIBILITIES:
- Drive the bank’s vehicles as assigned.
- Maintain vehicles in good order.
- Dispatch official correspondences.
- Maintain good working relationships with colleagues in other departments and units as well as external stakeholders.
- Undertake any other duties as assigned by the supervisor.
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COMPETENCIES:
- Computer literacy.
- Customer needs-oriented.
- Team worker.
- Excellent time management skills.
- Interpersonal, communication skills.
- Focused on customer service.
QUALIFICATION, KNOWLEDGE, EXPERIENCE
- Form IV and Class C driving license. Trade Test or Mechanics Certificate from a recognized institution.
- Valid driver’s license and clean driving record.
- Experience and understanding of government partners through the local governments.
MINIMUM EXPERIENCE:
- Two (2) years of safe driving experience is required.
- Possession of executive driving experience will be an added advantage.
MODE OF APPLICATION AND DEADLINE
Job applicants are required to apply for these employment opportunities through the TADB career portal: https://www.tadb.co.tz/careers/ or send their application through the email: careers@tadb.co.tz
Please note: applicants are required to attach the following to their respective application.
- Application letter, showing how you 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.
- A strong portfolio of Creative Design work (applies for Public Relations and Marketing applicants only).
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Please send your application to careers@tadb.co.tz or through the TADB career portal: https://www.tadb.co.tz/careers/
Closing date:
Applications should reach the undersigned not later than 4.00 pm on 12th June 2023.
For further information, please visit the Bank’s website: www.tadb.co.tz
Only shortlisted candidate will be contacted.
