Position Title: Director,
Funds Mobilization
TIB Development Bank Limited, the premier
national Development Financial Institution,
aims to focus on national projects towards the
attainment of the Tanzanian Development Vision 2025. The banks mandate is to
support the Government in achieving rapid economic growth through the
development of industries, infrastructure, social services and the oil and gas
sector. In this regard, activities of TIB have specifically expanded and the
bank now invites applications from suitable, qualified and skilled persons to
the following available vacancies.
Director,
Funds Mobilization
Nature and Scope
The successful candidate will report to the Managing Director. She/ he will be responsible to ensure that the bank is well funded, funding costs are well managed and all regulatory limits are well observed.
The successful candidate will report to the Managing Director. She/ he will be responsible to ensure that the bank is well funded, funding costs are well managed and all regulatory limits are well observed.
Key Responsibilities
1.
Prepare and manage the bank's
funding strategy.
2.
Maintain constant communication
with long term fund providers to ensure consistency in the bank's funding plan.
3.
Advise the Management on the
overall cost of funds for the bank.
4.
Advise and source long term
financing.
5.
Advise the Management on any
available investment opportunities.
6.
Prepare documents required for
fundraising and coordinate with external advisors where appropriate in sourcing
longer term financing.
7.
Ensure that there is enough
liquidity for recurring and maturing obligations.
8.
Coordinate the Assets and
Liabilities Committee (ALCO) of the bank.
9.
Custodian of asset pricing for
the bank.
10.
Manage liquidity of the bank.
11.
Ensure continuous engagement
with the Government to solicit additional investment into the bank,
12.
Preparation of quarterly ALCO
reports for submission to the Board.
13.
Review work performance of
staff in the Directorate including their development and welfare in line with
the bank's policies and objectives.
14.
Perform any other related
duties as assigned from time to time by the Managing Director
Qualifications, Knowledge,
Experience
1.
Must possess a Bachelor
Degree/Advanced Diploma in Finance, Commerce, Accounting, Banking or related
discipline and related Post Graduate degree from a recognized
University/Institution.
2.
Must possess Treasury dealing
qualifications.
3.
Minimum of seven (7) years'
working experience in Asset and Liability Management (ALM) role in a
banking/financial institution of which, five (5) must be in a senior position
in related function.
4.
Strong written and oral
communication skills. .
5.
Computer skills, with
intermediary Excel knowledge.
Director,
Managed Funds
Nature and Scope
The successful candidate will report to the Deputy Managing Director. She/he will be responsible for administering special funds placed at the disposal of the bank from the Government through Ministry of Finance, Bank of Tanzania and other Government Agencies for various projects as proposed by the government.
The successful candidate will report to the Deputy Managing Director. She/he will be responsible for administering special funds placed at the disposal of the bank from the Government through Ministry of Finance, Bank of Tanzania and other Government Agencies for various projects as proposed by the government.
Key Responsibilities
1.
Solicit funds for
administration and projects for management.
2.
Collection of non-interest
income for the bank.
3.
Collection of loans from
beneficiaries and remitting the same to principals (Fund owners)
4.
Collection of management fees
from respective clients and agencies and remitting the same to the bank.
5.
Administering all disbursements
to beneficiaries and making sure the funds are utilized for the intended
purposes.
6.
Periodic monitoring and
supervision of all projects.
7.
Preparation and submission of
periodic reports to principals
8.
Attending technical and
steering committees arranged by Principals.
9.
Preparation of Books of
Accounts for auditing of all funds managed by the Directorate.
10.
Review work performance of
staff in the division including their development, appraisal training and
welfare in line with the bank's objectives.
11.
Perform any other related
duties as assigned from time to time by the Deputy Managing Director.
Qualifications, Knowledge,
Experience
1.
Must possess a Bachelor
Degree/Advanced Diploma in Business Administration, Economics, Finance,
Accountancy, Banking or related discipline and related Post Graduate degree
from a recognized University/Institution.
2.
Minimum of seven (7) years
working experience of which, five (5) must be in a senior position in related
function.
3.
Strong written and oral
communication skills. Must be computer literate.
Director,
Development Financing
Nature and Scope
The successful candidate will report to the Deputy Managing Director. She/he will be responsible to implement policies, procedures, decisions and strategies for financing development projects and activities. She/he will be undertaking projects appraisal and coordinate approval processes, structuring and control of related loans and other types of finance.
The successful candidate will report to the Deputy Managing Director. She/he will be responsible to implement policies, procedures, decisions and strategies for financing development projects and activities. She/he will be undertaking projects appraisal and coordinate approval processes, structuring and control of related loans and other types of finance.
Key Responsibilities
1.
Develop and Implement the
bank's investment and related policies,
2.
Obtain client information
necessary for the appraisal of the investment propositions, review financial,
technical, economic, social, environmental or any other parameters affecting or
that could influence projects and incorporate appropriate mitigation factors.
3.
Ensure thorough risk control in
investment appraisals, and such appraisals are preferably done by teams
comprising of individuals with varied professional backgrounds.
4.
Submit Investment Memorandum in
relation to proposed financing facilities and ensure smooth processing of all
applications.
5.
Prepare and ensure issuance of
offer letters to the client based on the approved Investment Memorandum.
6.
Maintain and regularly update
investment approval pipeline, ensuring that all conditions precedent are met
timely to facilitate mobilization of funding and disbursements as per schedule.
7.
Review investment and related
policies, manuals, processes and procedures regularly for identification of
areas needing improvement and submit the same for supervisor's review and
action.
8.
Maintain good working
relationship with other divisions, zones, departments and units as well as
external stakeholders. .
9.
Review and coordinate designing
and implementation of departmental work plans and cooperate with other
departments within the Directorate so as to ensure that the division plans are
well and timely planned.
10.
Review work performance of
staff in the department including their development and welfare in line with
the bank's policies and objectives.
11.
Liaise with Project Procurement
and Technical Department to ensure that project service providers are sourced
competitively and incorporated in the Investment Memorandum.
12.
Contribute to the overall
strategy formulation in discussions with the Directorate in bringing market
knowledge, competitor analysis, trade flows and innovative "deal"
structures in order for the strategy to reflect the market.
13.
Perform any other related
duties as assigned from time to time by the Deputy Managing Director.
Qualifications, Knowledge,
Experience
1.
Must possess a Bachelor
Degree/Advanced Diploma in Business Administration, Economics, Finance,
Accountancy, Banking or related disciplines and related Post Graduate degree
from a recognized University/ Institution.
2.
Minimum of seven (7) years
working experience of which, five (5) must be in a senior position in related
function.
3.
Excellent communication,
writing and presentation skills. Must be computer literate.
Deputy
Managing Director
Nature and Scope
The successful candidate will report to the Managing Director. She/ he will provide leadership and steer the development of business and expansion of the bank's core operations ensuring effective and efficient operational policies and procedures are in place and maintain a high level of bank's performance.
The successful candidate will report to the Managing Director. She/ he will provide leadership and steer the development of business and expansion of the bank's core operations ensuring effective and efficient operational policies and procedures are in place and maintain a high level of bank's performance.
Key Responsibilities:
1.
Organise, control and direct
the functions of Zonal Offices, Directorates of Strategic Planning and
Corporate Affairs, Development Financing, Portfolio Management, Managed Funds
Administration and Technical Department to ensure superior service offering to
all bank customers, efficient utilization of the bank's resources, reduction of
credit losses through implementation of robust risk management process and strict
adherence to the bank's operational policies and procedures.
2.
Appraise the bank's performance
on a continuous basis to ensure all activities of these
Directorates/Departments are profitable.
3.
Develop and enhance the'
existing operational systems and establish new ones in order to facilitate
effective costing, monitoring and evaluation of the bank's products
performance.
4.
Contribute to the development
process and marketing of all the products of the bank and develop mechanisms
that ensure customer service is improved on a continuous basis.
5.
Ensure growth in the bank's
portfolio and customer base through effective marketing and customer oriented
activities.
6.
Develop strong, effective and
profitable client relationships and networks that can be leveraged to result in
revenue growth and customer satisfaction.
7.
Lead the development and
documentation of work plans for four Directorates and One Independent
Department and; ensure timely implementation, monitoring and evaluation of the
plans.
8.
Participate and contribute to the
development of the bank's corporate strategy and management committee meeting
including, Board of Directors meetings.
9.
Coach, mentor and develop the
Directors and Department Head to ensure the development and sustenance of a
performance driven and results oriented culture within the business units.
10.
Where delegated, sign official
bank documents on behalf of the Managing Director.
11.
In the absence of the Managing
Director, manage all bank's business and represent the bank on executive
business/ government forum.
12.
Perform any other duties as may
be assigned from time to time by the Managing Director.
Qualifications, Knowledge,
Experience
1.
Must possess a Master's Degree
in Business Administration, Finance, Economics or related field from a
recognized University/ Institution
2.
Possession of a professional
banking qualification will be an added advantage.
3.
Minimum of ten (10) years'
working experience in banking of which, five (5) must be at Senior Management
level with key experience on core banking functions and management of multiple
stakeholders.
4.
Excellent relationship
management and communication skills required to interact with the Board and
negotiate with various clients and key stakeholders.
5.
Strong written and oral
communication skills
6.
Excellent understanding and
experience of banking process, products and services.
7.
Highest degree of integrity,
excellent and well developed leadership, people management and organizational
skills.
8.
Strong interpersonal skills
with the 'ability to quickly form working relationship and gain credibility
with a wide selection of staff from different level and disciplines.
9.
Strong project management,
corporate governance and risk management skills.
10.
Thorough knowledge and
experience in corporate and development banking.
11.
Must be computer literate
REMUNERATION
TIB Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
TIB Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
Qualifying candidates should
apply in writing to or lodge their applications at the address below,
enclosing:-
§ An application letter.
§ Comprehensive curriculum Vitae.
§ Copies of relevant certificates and awards.
§ Contact address including telephone number(s) and/or email
addresses) if available.
§ Names and full addresses of three referees.
Apply
Online Through
Email:
job@tib.co.tz Website: www.tib.co.tz
Closing Date is 31st August, 2017.
Managing Director,
TlB Development Bank
Building No.3, Mlimani City Office Park,
Sam Nujoma Road, Ubungo
P.O. BOX 9373,Dar es Salaam
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