Senior Risk and Compliance Officer , Tanzania Agricultural Development Bank Limited (TADBS)

Tanzania Agricultural Development Bank Limited (TADS) is a Government Institution established under the Companies Act,2002 and licensed under the provisions of the Banking and Financial Institutions Act No 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012. The bank has the following key objectives:
To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
To be an important player in the implementation of the Government's development vision, policies and programmes, including but not limited to the Tanzania Development Vision 2015, Agricultural Sector Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial Sector
Reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania {MKUKUTA), and Zanzibar
Strategy for Growth and Reduction of Poverty (MKUZA);
To build on existing agro-financing activities through provision of short, medium and long-term facilities to the following: smallholder farmers' groups, savings and credit cooperative societies (SACCOS), community banks, commercial banks and microfinance institutions (MFls) that are active in lending to the agricultural sector;
To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional
Administration as well as the numerous players active in this sector;
To assist the Government in implementing its policies on enhancing financial inclusion and economic empowerment in the rural areas.

EXISTING VACANCIES
The TADS is hereby inviting applications from suitably qualified candidates to fill the following vacancies:


Senior Risk and Compliance Officer

Nature and Scope:

The successful candidate will report to the Head of Risk and Compliance.
He/ She will be responsible for providing technical and managerial support to compliance function by ensuring that the bank is in compliance with all-the applicable internal procedures and external regulatory requirements. He/she will also be responsible for planning, implementation and co-ordination of all operational risk management activities of the bank to ensure quality operational risk management structures are in place and aligned with the business plan and goals of the bank.

Key Responsibilities:

Provide advice on all matters related to operational risk and compliance;
Develop and revise risk parameters for various operational solutions;
Review and recommend for approval products/services, programmes and ensure all risk requirements are met before rollout of the products or services;
Identify and investigate the root cause of errors/frauds and provide recommendations on solutions and follow-ups;
Conduct assessment of risk and compliance with rules, regulations, processes by all functional units;
Support development of risk management framework;
Provide support to planning, designing and implementing an overall risk management framework for the Bank;
Provide support to developing, sharing and monitoring implementation of risk management operating models in each functional unit;
Carry out evaluation of impact of all risks and recommend mitigation strategies;
Conduct awareness programme among the bank's employees in risk management;
Assess operational strengths, weaknesses, opportunities and threats of the prevailing risk management strategy and developing recommendations accordingly;
Assist in the development of appropriate stress testing policies for different risk exposures and customer segments;
Review and validate the bank's regulatory credit reports and information submitted;
Provide recommendations for policy and procedure reviews in line with the bank's Risk Management Framework.
Carry out any other related duties as may be assigned to him/her by supervisor from time to time.


Qualifications, Knowledge and Experience:
Master's degree in Economics, Finance, Accounting, Insurance, Banking,
Business Administration or related discipline;
At least three (3) years banking experience in risk management with strong familiarity in operations, trade, treasury operations and controls;
In-depth knowledge of the banking industry, related policies, procedures
and regulatory requirements and capable of leading multi-sectoral teams to manage and prioritize work load with minimum supervision;
Highly developed computer skills;
Strong written and oral communication skills with ability to write
documentation in a concise and focused style.

APPLICATION INSTRUCTIONS:

Remuneration
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development
opportunities and excellent working environment.

Qualified candidates should apply in writing to or lodge their applications at the address shown below, enclosing:
1. Application letter showing how they meet the requirements of the positions;
2. An up-to-date Curriculum vitae;
3. Contacts stating name in full, physical address, telephone numbers and e-mail address of the candidates;
4. Certified copies of relevant certificates
5. Names and full contacts of three (#) work-related referees

Closing date: Applications should reach the undersigned not later than 4.00pm on Thursday, 24 March 2016

Managing Director,
Tanzania Agricultural Development Bank,
3rd Floor Acacia Estates Building,Plot 84 Kinondoni Road,
P.O. Box 63372,
DAR ES SALAAM.
Email:info@tadb-kilimo.co.tz