NBC BANK Head of Monitoring and Training

Reporting to:Head of Compliance and Regulatory Affairs

Location: Head Office Dar es Salaam

Purpose

Plan, execute and manage monitoring and training assignments in accordance with the NBC Compliance Monitoring plan and relevant policies, procedures and quality standards.

Main Accountabilities

Manage Monitoring and Training strategy plan.

Implement and escalate the Compliance Monitoring and training programme. Ensure timely reporting per the schedule. Ensure that corrective action is taken where necessary and driven to completion. Issues are tracked and brought to effective closure.

Identify and escalate any breach of policy; while recommending the need .for design/implementation of new or amended procedures; and tracking closures of findings from monitoring. Conformance reviews and regulatory audit findings.

Put in place an effective tracking mechanism of all the reviews and respective findings

Plan the delivery of monitoring assignments of a high quality that is in line with Contribute to the planning process

Develop testing strategies for key controls within the business

Manage the execution of Design Effectiveness Testing (DEA) and Operational Effectiveness Testing (OET) of the monitoring team in line with methodology requirements

Prepare and review the DEA and OET working papers of controls tested

Provide effective feedback to the team on an ongoing basis during the monitoring assignment

Engage with stakeholders during the monitoring activities

Distribute workloads equally amongst team members

Ensure high quality, timely and consistent delivery of all Monitoring deliverables

Liaise with stakeholders and peers on issues relating to regulatory risk assessments, intelligence/MI, reporting issues and regulator relation

Ensure update and reliable staff training records and evidence are maintained

Be aware of changes to the NBC businesses and their plans

Own, build and manage relationships with key stakeholders

Perform people management functions

Competences:

Leading and supervising

Adapting to change

Writing and reporting

Persuading and influencing

Planning and organising

Coping with pressure and setbacks

Managing stakeholders engagement

Qualifications:

Degree in a Commercial, accountancy, audit or equivalent

Proficient in MS Office (Word, Excel, PowerPoint and Outlook) and the Internet

CPA (T), ACCA, CISA.

Experience

Four (4) years experience in risk based auditing or risk or control activities in a regulatory discipline

Two (2) years experience in regulatory, compliance, external audit or internal audit role in a large and reputable financial institution

Remuneration

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

Contract: Tenure

NBC IS AN EQUAL OPPORTUNITY EMPLOYER

Application Instructions:

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

Human Resources Business Partner (Compliance Department) National Bank of Commerce (NBC)

7th Floor, NBC House            

P,O. Box 1863

Dar es Salaam

Fax no: +255222113749

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

Please send all applications before 11th, August 2013