National Bank of Commerce Jobs June 2013

Manager Non Interest Income

Reporting to:Manager MI & Performance Analytics

Location:Head Office, Dar es Salaam

Key Responsibilities

Conceptualise and deploy an integrated medium term non-interest pricing strategy/design for NBC in collaboration with relevant NBC stakeholders e.g. Corporate, Retail etc.

Develop and maintain tools and analytical techniques by gathering the correct business requirements to simulate non interest pricing changes across the Group.

Develop and monitor monthly ad-hoc reporting by holding the relevant project meetings to measure the effectiveness of non-interest pricing.

Develop and maintain competitor pricing analyses by completing the relevant benchmarking exercises including international interest pricing trends / activities.

Provide relevant non-interest pricing input to the Medium Term Planning (MTP) and Short Term Planning (STP) processes by being part of the strategy and planning sessions.

Provide relevant non-interest pricing input to new product developments by holding meetings with the relevant departments such as Corporate, Retail, etc.

Develop relevant training materials to improve staff awareness and understanding of the non - interest pricing policy from head Office through to the front line. Ensure collaboration and integration across product lines and market segments by attending the relevant meetings to eliminate non-interest pricing arbitrage risk and optimally impact the contribution of non-interest interest pricing.

Establish and participate in relevant decision/governance forums to ensure support for and the consistent execution of non-interest pricing strategy and design.

Design and implement the annual pricing review as well as ad-hoc pricing changes by attending the relevant forum meetings in support of agreed pricing strategy/design with approval from mandated pricing officials.

Oversee the activities of the Non-Interest Pricing Consultant to ensure effective delivery of the pricing models.

Develop a high performing team by embedding formal performance development and informal coaching.

Encourage frequent knowledge sharing between team members.

Determine and analyse development needs for the team and ensure that identified training requirements are budgeted for and executed.

Establish and maintain a succession plan for the team.

Interview and recruit new members of the team, including determining appropriate compensation levels with input from Human Resources.

Create effective workforce and recruitment demand plans' to ensure that current and future business requirements can be met. Plans should be revised at least twice a year.

Review and update the department's organisation structure and role description on at least an annual basis to ensure that they are fit for purpose and contain all the accountabilities of each team member.

Motivate to and obtain approval from the Manager MI & Performance Analytics for any additional headcount for the team.

Approve leave a request for team members and create leave plans to ensure adequate coverage.

When required, initiate disciplinary processes for team members calling on support from Human Resources when required.

Competencies and Technical Skills

Knowledge of Financial services pricing specialist

Relationship management Skills

Project management Skills

Relationship/partnership approach - Excellent team player

Strong analytical skills, interpretation of data

Awareness of cultural differences and varying legal/regulatory environments

Excellent communication skills (verbal and written) and experience in Client interactions

Qualifications & Experience

Bachelor Degree in Business Management

Five (5) years experience within a banking environment or Five (5) years experience within a Strategy or Product

Management or Price environment

Remuneration

Attractive salary including performance based bonus on achieving targets and overall business performance.

Contract: Tenure

Application Instructions:

NBC is an Equal Opportunity Employer

Applicants are invited to submit their application letter, CV's, copies of certificates, 2 referees and their contacts to;

Human Resources Business Partner

National Bank of Commerce (NBC)

7th Floor, NBC House

P.O. Box 1863

Dar es Salaam

Fax no: +255222134662

If you are not contacted by NBC within thirty (30) days after the closing date, you should consider your application as unsuccessful

Pricing Analytics

Reporting to:Manager Non Interest Income

Purpose

To develop and maintain Advanced Analytical Models within NBC's Pricing Business Unit, thus enabling continuous improvement through the provision of accurate and applicable analytical measures, with a specific focus on Funded and especially Non-funded income.

Key Responsibilities

To liaise regularly with line management and work closely with them to extract business requirements, evaluate and recommend possible business solutions, make assessments and produce feasibility analysis.

Develop hypotheses by holding regular project meetings to achieve project goals based on the outcomes of the project definition workshop and use these to guide the fact gathering and analysis.

Identify project risks (e.g. data constraints, time constraints, capacity, etc.) either by consultation with the business stakeholder’s e.g Corporate, Retail and/or a risk assessment workshop and develop mitigating action plans based on the outcome of the workshops held in agreement with the project Sponsor/Project Owner/Project Manage (PM). Thereafter document such risks and actions in the project risk register for ongoing monitoring.

Identify project milestones based on the high level project plan and prepare planning estimates in terms of timelines resources, design, etc for the project.

Develop and maintain tools and analytical techniques by monitoring the business and project activities to simulate

Asset and Liability (A&L) interest / Net Interest Income (Nil) pricing changes across the Group and potentially the impact on Pricing Operations.

Develop and maintain monthly and ad-hoc reporting by generating the relevant and appropriate reports to measure the effectiveness of A&L interest / Nil pricing.

Develop and maintain competitor pricing analyses including international pricing trends / activities by completing benchmark competitor analyses in order to remain competitive in the banking industry.

To make sure that the business requirements are understood on all analytical projects given (to the team) by the Project Owner/Project Sponsor (e.g. Corporate, Retail etc.) by continuously communicating with the different project teams to make sure it is understood in order to ensure project delivery.

To liaise regularly with line management and work closely with them to extract business requirements. Evaluate and recommend possible business solutions, make assessments and produce feasibility analysis.

Collaborate and enforce integration across product lines and market segments by managing all the relevant relationships to elimitate A&L I Nil/ Operational pricing arbitrage risk and optimal impact and contribution of A&L / Nil/ Operational to pricing.

Provide relevant A&L interest / N II pricing / Operations input to new product developments by being part of the product development meetings, and the project meetings.

Competencies and Technical Skills:

Ability to work under pressure

Stakeholder Engagement

Attention to Detail whilst applying strategic thinking

Presentation and Influencing skills

Personal Credibility and Integrity

Stakeholder Engagement

Interpret and analyse financial information

Excellent Communication Skills

Qualifications & Experience

Bachelor Degree specializing in Analytics/informatics

Two (2) years experience in business analyst type role

Remuneration

Attractive salary including performance based bonus on achieving targets and overall business performance.

Contract: Tenure

Conveniently Everywhere.

Application Instructions:

NBC is an Equal Opportunity Employer

Applicants are invited to submit their application letter, CV's, copies of certificates, 2 referees and their contacts to;

Human Resources Business Partner

National Bank of Commerce (NBC)

7th Floor, NBC House

P.O. Box 1863

Dar es Salaam

Fax no: +255222134662

If you are not contacted by NBC within thirty (30) days after the closing date, you should consider your application as unsuccessful.