Central Clearing Officer , Mwalimu Commercial Bank (PLC)

Mwalimu Commercial Bank PLC (In-Formation) is a new bank licensed by the Bank of Tanzania to operate as a commercial bank, and is in its final stages of setting up operations. The major shareholders of the bank include Tanzania Teachers; Union(TTU), Teacher’s Development Company Limited (TDCL), PublicService Pension Fund (PSPF) and the National Insurance Fund (NHIF).MCB is now seeking to recruit the following vacant positions:-

Central Clearing Officer (1 Position)

Job purpose:
Reporting for the Central Operations Manager, the central clearing officer is responsible for Clearing of payments necessary to turn the promise of payment, into actual movement of money from one bank to another.

Key responsibilities:

• Shall include but not be limited to the following:
• Authorization of Inward and Outward Clearing.
• Full understanding of Clearing Cycles.
• Reporting of clearing figures to Treasury, Central Office, and Clearing House etc.
• Meeting targets for Accuracy, Productivity, costs.
• Reconciliation of all clearing accounts.
• Meeting of TATs, Quality Objectives and Key Risk Indicators, MIS
• Meeting of Statutory & regulatory Requirements '
• Liaise with Clearing House, Branches, and Departments.

Minimum Qualifications:

• Bachelor's Degree in Business Administration, Banking, Commerce & Management or Finance from accredited institution
• Master’s Degree-in related field will be an added advantage

APPLICATION INSTRUCTIONS:

If you meet above requirements, please send your cover letter (clearly indicating preferred position) and latest Curriculum Vitae (You should not attach copies of certificates or transcripts) through APPLY NOW below or by post office mentioned below to reach us by Wednesday 23rd March 2016.

Only shortlisted candidates will be contacted.

Write to:

The Chief Executive Officer,

Mwalimu Commercial Bank Plc (In-Foramtion),

P.O. Box 61002, dar es Salaam,

Tel: +255 222775131