4 New Various Jobs at NMB Bank Plc June 2024

Senior Manager Finance & Control (1 Position(s))
Job Location : Head Office
Job Purpose:
Responsible for accurate recording and reporting of financial
transactions, Cost analysis, budgeting, budgetary control and efficiency
and effectiveness in payment process.

Main Responsibilities:

• Manage accounting operations including general management, accounts
  payable, accounts receivable, Cost analysis and month/year end process.
• Control
  financial resources to ensure all financial transactions, systems and
  procedures comply with local and international regulations, accounting
  principles, and standards.
• Manage a system of accounts in order to ensure accurate recording and reporting of financial transactions.
• Financial forecasting and stakeholder engagement to ensure accurate and timely delivery of Head Office budget.
• Budgetary monitoring and control to ensure Head Office expenditures are within the approved budget.
• Manage
  payment systems for goods and services in order to ensure timely
  payment of Head Office related vendors’ invoices and staff claims.
• Timely
  resolution of queries and complaints from Head Office as per the agreed
  Turnaround Time including GL access and requests for refunds/reversals.
• Closely follow up on receivables accounts (Intercompany,
  government and others) to clear outstanding items on time to avoid
  provision for loss.
• Review and recommend changes on financial
  processes and accounting policies to enhance internal controls in
  Finance. This includes proper management of Finance Risk register to
  ensure efficiency and effectiveness in internal controls.
• Ensure staff understand the context of their role in relation to the department and NMB’s strategy.
• Manage the performance of staff including objective setting, reviewing, and appraising performance.
• Assess and monitor training and development needs of the staff.
• Ensure staff have the resources they require to perform their work.
• Provide
  expertise and advice to management on financial related matters and
  impact of local and international financial reporting standards.
• Manage relationships with internal and external stakeholders to ensure satisfactory delivery of standard services.
• Perform any other duties related to Financial Control as may be assigned from time to time by the bank’s management.

Knowledge and Skills:

• Understanding of financial control and management and the application of the bank’s products, policies, and procedures.
• Technical – Financial Control and management, computer applications (Word, Excel, Access, and ERP systems)
• Behavioural – Building a Successful Team, Communication, Delegation, Formal Presentation, Managing Work, Work Standards.

Qualifications and Experience:

• Bachelor’s degree in Accounting, Auditing, Banking, Business
  administration/management, Economics, Finance or related fields of
  study.
• Professional qualification in accounting (CPA/ACCA)
• A minimum of 8 years’ experience in Financial Control and Reporting with at least 5 years in a managerial role.

Senior Manager; Financial Institutions & Correspondent Banking (1 Position(s))
Job Location : Head Office
Job Purpose:
To operate with business flair and actively contribute towards the
overall business strategy ensuring a focused and independent approach to
achieving best practice criteria in the management of Financial
Institutions (FIs) and Non- Financial Institutions including but not
limited to Onshore/Offshore banking relationships, Development Financial
Institutions (DFIs), Multi-Lateral Lenders and International financing
requirements of the bank. The function is partially aligned with the
broader Asset Liability Management (ALM) process of the Bank, to support
the Products and Digital banking teams in the management of Trade and
Transactional banking business relating to Financial Institutions.
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Main Responsibilities:

• Establish / manage relationships with Correspondent banking
  relationships, DFIs and multi-lateral lenders to achieve pre-set
  financial and non-financial goals.
• Establish / manage the cross-border limits / exposures for the assigned countries / banks.
• Manage
  financing arrangements from start to finish, ensuring suitability and
  seamless operation of all arrangements, and compliance to all financial
  covenants surrounding the arrangements.
• Propose and negotiate
  new financing arrangements based on budget needs and update management
  on the progress. Work directly with relevant Management team members on
  the proposals and negotiations. Update management on progress of such
  arrangements as and when required.
• Introduce new relationships
  and submit credit proposals for approval to Treasurer, CREDCO and Board
  Credit Committee (BCC). Identify and segment target market, prepare
  strategies and establish relationships to broad base the portfolio and
  pursue growth opportunities.
• Monitor the market, competitors, and their offering to ensure the desired market share and competitiveness.
• Represent
  the bank while meeting with Financial Institutions (FIs)/DFIs
  representatives coming from area of responsibility during their regular
  visits to Tanzania and update them with developments in Tanzania,
  discuss overall relationship and find new avenues for cooperation for
  mutual benefit.
• Represent the bank in correspondent banking
  related conferences both locally and internationally to enhance the
  relationships of the bank.
• Plan and implement calling program on
  banks to strengthen existing relationships and identify new prospects.
  This includes visiting banks for credit due diligence both locally and
  internationally.
• Develop and recommend appropriate products and
  services fitting in with target markets to attract / retain customers
  and be competitive.
• Recommend appropriate pricing for each product /service offered based on the risk associated and competition.
• Monitor
  economic / political outlook of the countries in order to recommend and
  manage cross border exposure and bank limits to ensure proper
  utilization.
• Remain abreast of all regulations and laws surrounding international financing activities.
• Recommend transactions for approval to the Management and Board.
• Review
  periodically the existing portfolio to maintain / enhance asset quality
  and control risks while exploiting opportunities to maximize revenues.
  Recommend new limits and seek approval from Treasurer, Credit, CREDCO
  and BCC.
• Provide regular banking updates to the bank’s management team and clients.
• Work
  with Trade Finance team to identify confirmation and finance limits
  needed from other banks and strive to find appropriate banks to provide
  credit lines and negotiate pricing.
• Negotiate pricing with correspondent banks on remittances and other transactional banking products.
• Work
  closely with the Trade operations, international payments, and Treasury
  back office to ensure any correspondent banking complaints such as
  delayed payments are escalated timely.
• Work with the Retail Banking team to introduce new money transfer products for the bank.
• Work
  closely with the Compliance department to ensure all AML/ KYC issues
  related to correspondent banking are done appropriately.

Knowledge and Skills:

• Thorough knowledge of International Banking services and products with strong inter-personal skills.
• Knowledge of International Financing and Financial Institutions.
• Knowledge of Credit Approval and Trading Line Review process.
• Sound understanding of IFRS especially related to the banking environment.
• A strong understanding of the banking environment.
• An effective leadership style with passion and commitment.
• An understanding of bank liquidity and overall ALM management.
• Good knowledge of Treasury products, services, and strategies as well as back-office operations.
• Strong credit and analytical background.
• Full knowledge of political, economic, and regulatory environments and banking industry.
• Strong knowledge in Trade Finance, Treasury, Investments and Capital Markets activities and familiar with Operational issues.
• Technical – Treasury mechanisms, Relationship Management
• Behavioral – Building positive working relationships, sales skills, persuasiveness.
• Effective coordination and communication skills to interact with professionals of different cultural backgrounds.

Qualifications and Experience:

• Bachelor’s degree in International Finance/ Accounting or a related discipline. Master’s degree is an added advantage.
• ACI dealing certificate is a Must.
• ACCA/ CPA is desirable.
• 7 years of Banking or Corporate experience, having at least 3 years’ experience of Correspondent banking.

Job opening date : 20-Jun-2024
Job closing date : 04-Jul-2024

Head; Trade Finance Operations (1 Position(s))
Job Location : Head Office, Hq
Job Purpose:
Responsible for overall operational performance, service quality,
compliance and control environment of the Trade Operations unit by
leading the team to ensure efficient delivery of targeted results across
dimensions of service delivery and process control responsibilities.

Main Responsibilities:
Strategic Focus

• Oversee, coordinate, direct, and give guidance to the department and bank on all Trade Finance operational activities.
• Support Chief Shared Services on all strategic issues related to Trade Finance Operations.
• Lead
  Trade Operations team by building, empowering and providing operational
  skills required to sustain the current and future growth of NMB Bank.
• Lead trade operations business activities to improve efficiency and control standards across the network.
• Participate in the preparation and implementation of the Bank’s periodic reviews of the strategic plan.
• Monitor
  network operational standards through system reports, internal and
  external audit reports and follow up rectification process of all
  high/medium risk issues in liaison with Chief Shared Services.
• Provide professional direction/advice on all trade finance related matters within the unit/Bank.
• Provide
  direction and solid input to the development and implementation of the
  key snap checks focusing on sensitive performance operational areas for
  all branch network and play a major role in identifying key operational
  control weaknesses of the Core Banking System and give direction on the
  best way forward to achieving required controls.
• Create a mechanism to receive Voice of Customers and timely address issues raised and ensure improvement on NPS score.

Leadership and People Management Focus

• Work
  closely with other Head Office heads in identifying areas of
  improvement in the current products, processes and services and
  recommending appropriate solutions to minimize risks.
• Work
  closely with the Chief of Shared Services and Head Office departmental
  Heads, Zone Managers and Branch Managers in streamlining the Trade
  Finance Operational functions and recommending beneficial operational
  changes from time to time.
• Be a role model in all aspects to the direct reports and other team members within the Bank.
• Create
  an empowering environment for the various teams in Operations
  department encouraging ownership, initiative, and accountability.
• Implement the banks performance management directives.
• Ensure stakeholders are informed of any new developments on trade finance products that might affect the business.
• Build, develop and lead “Winning Teams” through good guidance, training and empowerment.
• Ensure
  full compliance, provide oversight as well as monitor the
  implementation of various consumer protection requirements across
  business area/unit.
• Lead and manage the Trade Operations team by
  providing support on relevant banking products and services, ensuring
  efficient transaction servicing for trade products.

Operations Focus

• Monitor
  and assess the Trade Business Operations by reviewing daily exception
  reports and discussing significant matters with the stakeholders.
• Evaluate
  existing as well as new products/ services and provide recommendations
  on ways to improve the effectiveness/ efficiency of the transactions
  related to the same.
• Proactively identify and report any risk event in the RCC report.
• Advise
  business partners in identifying other business opportunities through
  developing innovative and customized solutions with regards to trade
  financing services and operations.
• Evaluate existing as well as
  new products/ services and provide recommendations on ways to improve
  the effectiveness/ efficiency of the transactions related to the same.
• Provide professional direction/advice on all trade finance related matters within the unit and the Bank.
• Work
  closely with Internal Audit /Compliance/Operational Risk units to
  identify and agree on the key risk parameters for consideration during
  audit planning, ensure the monitoring and resolution within agreed
  timeframe and adequately addressed.
• Ensure that all processed transactions are reviewed prior to release.
• Represent
  the bank on Trade operational issues at internal/ external forums and
  be a role model in representing the bank’s good image.
• Oversee
  the Clearing activities of the Bank in liaison with the BOT and be a key
  player in coordinating and managing all BOT trade operations related
  issues with NMB bank.
• Risk Control, Compliance and Efficiency
• Coaching and guiding subordinates on compliance, risk controls and efficiency.
• Ensure
  compliance with international requirements, regulatory requirements,
  efficient processes for customer transactions, and effective process
  management.

Knowledge and Skills:

• A deep understanding of global trade compliance operations practices and procedures is essential.
• Business
  understanding and a strong background in bank Trade Operations in all
  products and services gained from a reputable bank or banks.
• Understanding
  of Trade Finance products and their operation, working with
  correspondent banks, Anti-money laundering laws, policies and
  procedures.
• Ability to communicate with Management and provide recommendations of critical issues related to Trade Operations.
• Broad knowledge of all aspects of Risk, Credit, Regulatory & Legal relevant to Trade Finance products & solutions.
• Understanding of evolution in technologies used by Trade Operations
• Analytical, Strategic thinking skills
• Leadership, communication and decision-making skills.
• Visionary thinker

Qualifications and Experience:

• Degree in Business/ Finance/ Economics/ Accounting or any other related field.
• Certificate in International Trade and Finance (CITF).
• Certificate for Documentary Credit Specialists (CDCS).
• MBA is an added advantage.
• Advanced computer skills- is highly recommended.
• At
  least 10 years working experience in banking of which five years spent
  in Trade Operations and in senior managerial positions in a reputable
  bank or Financial Institution.

Job opening date : 18-Jun-2024
Job closing date : 02-Jul-2024

Head; HR Business Partnering (1 Position(s))
Job Location :
Head Office
Job Purpose:
Provide HR guidance, direction, and influence in the achievement of
business goals and objectives; implementing an effective people strategy
and fostering a culture where employees feel engaged, valued, and excel
in contributing to the overall mission of the organization.
Leads
collaboration with the wider HR function to identify, design and
deliver appropriate solutions and HR interventions and deploy into the
relevant business areas.

Main Responsibilities:

• Partner with the senior leadership team to define and execute the
  bank’s business strategy that enables alignment and growth for the
  business and ensures that all strategies implemented are aligned with
  the overall business priorities and goals.
• Work collaboratively
  with functional and departmental leaders to ensure they have optimum
  plans in place to achieve their business objectives including effective
  headcount management and planning support.
• Take lead in
  workforce planning during budgeting period. Work closely with functional
  and departmental leaders on an effective headcount planning.
• Develop
  and implement HR plans for assigned business units in conjunction with
  the respective Human Resources leaders; ensures plans are effectively
  implemented and make revisions/modifications as appropriate.
• Develop the strategy for Talent Acquisition, in line with NMB’s strategy in acquiring best talents within and from the market.
• Oversee
  and manage the overall performance management across, ensuring that
  goals and objectives are set on-time while optimizing processes,
  monitoring key performance indicators, and implementing strategies to
  enhance overall performance and productivity.
• Always maintain a
  full perspective of the business, placing emphasis on talent management,
  employee relations, policies, and people management procedures in
  application across the bank.
• Provide timely information on people issues to the Chief Human Resource, and solutions on how and when to resolve.
• Continuously
  gather evidence to determine the value the bank is delivering today,
  and needs to deliver in the future, and put in place the necessary
  strategies and frameworks to maintain and grow positive employee
  engagement.
• Hierarchically and functionally manage the HRBP
  unit, ensuring that the team is equipped with the right skills, tools,
  and capability necessary for executing their duties.

Knowledge and Skills:

• Understanding of external customer trends and issues in the industry that could potentially impact business.
• Business acumen.
• Strong
  understanding of change management and process excellence principles;
  application of these principles to solving complex business problems
• Broad business and financial understanding and the ability to apply to human capital implications.
• All rounded HR practitioner who engages with stakeholders at the highest levels across the organization.
• Ability to provide insight regarding people, organizational dynamics, and the business.
• Ability to recognize and effectively balance the group’s interests with the needs of the bank.
• Multitasking and Customer focused.
• Demonstrated
  ability to invite diverse perspectives, promote a diverse and inclusive
  work environment and support workforce diversity.

Qualifications and Experience:

• Bachelor’s degree in Human Resource Management, Political Science, Public Administration or a closely related field.
• Master’s degree and/or HR Professional certification are an added advantage.
• At least 10 years of demonstrated experience in a Human Resources function.
• 5 years’ experience in a Human Resource Business Partnering role.
• 3 years’ experience in a leadership role and su

Job closing date : 28-Jun-2024

NMB
Bank Plc is an Equal Opportunity Employer. We are committed to creating
a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.

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.
Only shortlisted candidates will be contacted
ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.