2 New Jobs at Tanzania Commercial Bank (TCB) – Various Posts

2 New Various Jobs at Tanzania Commercial Bank (TCB) July 2024
ABOUT US:
Tanzania
Commercial Bank is a Bank that provides competitive financial services
to our customers and creates value for our stakeholders through
innovative products with a vision “to be the leading bank in Tanzania in
the provision of affordable, accessible and convenient financial
services”. As part of organizational development and management of its
human capital in an effective way, Tanzania Commercial Bank commits
itself towards attaining, retaining and developing the highly capable
and qualified workforce for Tanzania Commercial Bank betterment and the
Nation at large.

Manager Special Assets Management and Recovery
Position: Manager Special Assets Management and Recovery
Department: Directorate of Credit
Section: Special Assets Management & Recovery
Reports to: Director of Credit
Location: Head Office

POSITION OBJECTIVE
Responsible for advising the bank in all matters regarding loan recoveries.

KEY RESPONSIBILITIES
i.
Manage collection and recoveries unit with the assistance of Recovery
Team including External Debt Collectors in order to reduce number of
defaulters (NPL) as recovery procedures and reduce amount of
charged off loans portfolio.
ii. Implement effective and efficient recovery actions on all high risk and non-performing accounts.
iii. Offer coaching where identified to all direct reports and to other Recovery staff depending on the nature of the situation.
iv. Perform annual review on the Recovery procedures and obtain Board of Directors approval.
v.
Embed on controls and actions to close all audit findings related to
recovery issues and ensure this is done within the allowed timeframe
vi. Ensure quality and reliability of all data used in reports by doing a sanity check on all recovery reports.
vii. Work with recovery team to achieve excellent results through continuous people development and mentoring activities.
viii.
Ensure the development of a high performing Recovery Team through
embedding formal performance development and informal coaching on how to
conduct meaningful discussions with non-performing clients.
ix. Ensure that identified training is budgeted for and executed;
x.
Establish and maintain a succession plan for the management team in the
area using the formal Talent Management process for identified talent
and an informal process for remaining roles;
xi. Ensure that Principal Recovery Officers create effective workforce plans;
xii. Agreed targets and take accountability for the overall achievement of performance objectives in the Recovery unit;
xiii.
Provide clear direction to team members on the recovery strategic plan
and key focus areas and ensure their understanding and buy-in;
xiv. Analyse effectiveness of processes and systems in use in the department and make recommendations for improvements;
xv. Set key performance indicators (KPIs) for all direct reports and review them on semi-annually and annually;
xvi. Carry out work in accordance with the banks policies, procedures and BOT guidelines with high level of due diligence;
xvii.
Eliminate waste practices of whatever forms, suggest the use of low
cost, new/best loans recovery practices to enhance performance;
xviii.
Ensure recovery Team visit Branches to assist recovery of bad debts
this includes non-performing and charge off portfolio;
xix. To lead
the recovery team and ensure that a high quality, business focused,
efficient and cost-effective be spoke procedures are deployed which
maximizes loans recovery to meet yearly targets;
xx. Keep watch on
the performance of Auctioneers. Receivers/Managers and other agents as
shall be appointed by the bank for recovery of non-performing loans;
xxi. Propose for Procurement, the auction Company to whom the defaulted borrower should be assigned;
xxii. Reach to an amicable settlement duly protecting interest of the Bank;
xxiii. Take timely legal steps in loan recovery from defaulting customers; and
xxiv. To carry out any other related duties as assigned by Supervisor.

PROFESSIONAL AND INTERPERSONAL DETAILS

• Education:
  Holder of Master’s Degree in one of the following fields; Law,Banking,
  Economics, Commerce, Business Administration, Accountancy,Finance, Risk
  Management, Actuarial Sciences, Insurance or equivalent qualifications
  from any recognized Institution and Possession of CPA
• (T)/ACCA/ACA/CFA or relevant professional body is added advantage.
• Must have at least eight (8) years’ working experience in banking or financial institution.

Principal ICT Officer – Data Scientist
Position: Principal ICT Officer – Data Scientist
Department: Credit
Section: Credit Administration
Reports to: Manager Credit Administration
Location: Head Office

POSITION OBJECTIVE
To
ensure bank provisioning for probable losses of loans under both IFRS9
Model and Regulatory procedures is done timely and accurately.
Responsible for identifying hotspots, modelling and providing analytical
updates on internal and external factors that influence Tanzania
Commercial Bank PLC Portfolio performance.

KEY RESPONSIBILITIES
(i) ECL Modelling and Data Mining/Extraction
(ii)
Responsible for providing full support by sharing all the required
credit reports/information and handling various credit related queries
to the internal and external partners including BOT, auditors and other
institutions
(iii) Inquiring data from the available banking systems
with assistance of database administrators analyse them and provide the
analysed result to the management for decision making.
(iv) Processing and validating the integrity of data to be used for analysis
(v) Identification of problems that can be solved by both quantitative and qualitative banking business data
(vi)
Ensuring banking systems accuracy, proper data input and timely report
preparation and review for credit monitoring and management decision
(vii) Ensuring checking of loan portfolio movement, sectorial concentration and advice the management on appropriate action.
(viii) Analyzing large amounts of information to find patterns and solutions
(ix) Propose solutions and strategies to tackle business challenges
(x) Work with IT, the data steward and data architect to implement Power BI, providing the requirements from the business.
(xi) To carry out any other related duties as assigned by Supervisor.

PROFESSIONAL AND INTERPERSONAL DETAILS

• Master’s
  Degree in one of the following fields; Computer Science, Information
  Technology, Computer Engineering, Computer Science, Computer Science
  with Statistics or related discipline from recognized institution with
  thirteen (13) years working experience in the relevant field.
• Possession of ICT related professional certification will be an added advantage. 
• A
  comprehensive knowledge of credit risk models, programming skills
  (knowledge on programming languages such as python, SQL, Java etc.

Deadline of the Application is 24th July 2024.

The positions will attract competitive salary packages and benefits.

Applicants are invited to submit their resume via the following link:-
https://www.tcbbank.co.tz/careers
applications via other methods will not be considered. Applicants need
to fill their personal information, academic certificates, work
experiences, and application letter. Other credentials will be submitted
during the interview for authentic check and administrative measures.
All interviews will be conducted at Pemba, candidates from Pemba are
therefore highly encouraged to apply.

Tanzania Commercial Bank
has a strong commitment to environmental, health and safety management.
Late applications will not be considered. Short listed candidates may be
subjected to any of the following: a security clearance; a competency
assessment and physical capability assessment.
Deadline of the Application is 24th July 2024.