Job Opportunities at TIB Development Bank Limited

TIB Development Bank Limited, the premier national Development Financial Institution, aims to focus on national projects towards the attainment of the Tanzanian Development Vision 2025. The banks mandate is to support the Government in achieving rapid economic growth through the development of industries, infrastructure, social services and the oil and gas sector. In this regard, activities of TIB have specifically expanded and the bank now invites applications from suitable, qualified and skilled persons to the following available vacancies.
Director, Funds Mobilization
Nature and Scope
The successful candidate will report to the Managing Director. She/ he will be responsible to ensure that the bank is well funded, funding costs are well managed and all regulatory limits are well observed.
Key Responsibilities
  1. Prepare and manage the bank's funding strategy.
  2. Maintain constant communication with long term fund providers to ensure consistency in the bank's funding plan.
  3. Advise the Management on the overall cost of funds for the bank.
  4. Advise and source long term financing.
  5. Advise the Management on any available investment opportunities.
  6. Prepare documents required for fundraising and coordinate with external advisors where appropriate in sourcing longer term financing.
  7. Ensure that there is enough liquidity for recurring and maturing obligations.
  8. Coordinate the Assets and Liabilities Committee (ALCO) of the bank.
  9. Custodian of asset pricing for the bank.
  10. Manage liquidity of the bank.
  11. Ensure continuous engagement with the Government to solicit additional investment into the bank,
  12. Preparation of quarterly ALCO reports for submission to the Board.
  13. Review work performance of staff in the Directorate including their development and welfare in line with the bank's policies and objectives.
  14. Perform any other related duties as assigned from time to time by the Managing Director
Qualifications, Knowledge, Experience
  1. Must possess a Bachelor Degree/Advanced Diploma in Finance, Commerce, Accounting, Banking or related discipline and related Post Graduate degree from a recognized University/Institution.
  2. Must possess Treasury dealing qualifications.
  3. Minimum of seven (7) years' working experience in Asset and Liability Management (ALM) role in a banking/financial institution of which, five (5) must be in a senior position in related function.
  4. Strong written and oral communication skills. .
  5. Computer skills, with intermediary Excel knowledge.
Director, Managed Funds
Nature and Scope
The successful candidate will report to the Deputy Managing Director. She/he will be responsible for administering special funds placed at the disposal of the bank from the Government through Ministry of Finance, Bank of Tanzania and other Government Agencies for various projects as proposed by the government.
Key Responsibilities
  1. Solicit funds for administration and projects for management.
  2. Collection of non-interest income for the bank.
  3. Collection of loans from beneficiaries and remitting the same to principals (Fund owners)
  4. Collection of management fees from respective clients and agencies and remitting the same to the bank.
  5. Administering all disbursements to beneficiaries and making sure the funds are utilized for the intended purposes.
  6. Periodic monitoring and supervision of all projects.
  7. Preparation and submission of periodic reports to principals
  8. Attending technical and steering committees arranged by Principals.
  9. Preparation of Books of Accounts for auditing of all funds managed by the Directorate.
  10. Review work performance of staff in the division including their development, appraisal training and welfare in line with the bank's objectives.
  11. Perform any other related duties as assigned from time to time by the Deputy Managing Director.
Qualifications, Knowledge, Experience
  1. Must possess a Bachelor Degree/Advanced Diploma in Business Administration, Economics, Finance, Accountancy, Banking or related discipline and related Post Graduate degree from a recognized University/Institution.
  2. Minimum of seven (7) years working experience of which, five (5) must be in a senior position in related function.
  3. Strong written and oral communication skills. Must be computer literate.
  1. Director, Development Financing
Nature and Scope
The successful candidate will report to the Deputy Managing Director. She/he will be responsible to implement policies, procedures, decisions and strategies for financing development projects and activities. She/he will be undertaking projects appraisal and coordinate approval processes, structuring and control of related loans and other types of finance.
Key Responsibilities
  1. Develop and Implement the bank's investment and related policies,
  2. Obtain client information necessary for the appraisal of the investment propositions, review financial, technical, economic, social, environmental or any other parameters affecting or that could influence projects and incorporate appropriate mitigation factors.
  3. Ensure thorough risk control in investment appraisals, and such appraisals are preferably done by teams comprising of individuals with varied professional backgrounds.
  4. Submit Investment Memorandum in relation to proposed financing facilities and ensure smooth processing of all applications.
  5. Prepare and ensure issuance of offer letters to the client based on the approved Investment Memorandum.
  6. Maintain and regularly update investment approval pipeline, ensuring that all conditions precedent are met timely to facilitate mobilization of funding and disbursements as per schedule.
  7. Review investment and related policies, manuals, processes and procedures regularly for identification of areas needing improvement and submit the same for supervisor's review and action.
  8. Maintain good working relationship with other divisions, zones, departments and units as well as external stakeholders. .
  9. Review and coordinate designing and implementation of departmental work plans and cooperate with other departments within the Directorate so as to ensure that the division plans are well and timely planned.
  10. Review work performance of staff in the department including their development and welfare in line with the bank's policies and objectives.
  11. Liaise with Project Procurement and Technical Department to ensure that project service providers are sourced competitively and incorporated in the Investment Memorandum.
  12. Contribute to the overall strategy formulation in discussions with the Directorate in bringing market knowledge, competitor analysis, trade flows and innovative "deal" structures in order for the strategy to reflect the market.
  13. Perform any other related duties as assigned from time to time by the Deputy Managing Director.
Qualifications, Knowledge, Experience
  1. Must possess a Bachelor Degree/Advanced Diploma in Business Administration, Economics, Finance, Accountancy, Banking or related disciplines and related Post Graduate degree from a recognized University/ Institution.
  2. Minimum of seven (7) years working experience of which, five (5) must be in a senior position in related function.
  3. Excellent communication, writing and presentation skills. Must be computer literate.
  1. Deputy Managing Director
Nature and Scope
The successful candidate will report to the Managing Director. She/ he will provide leadership and steer the development of business and expansion of the bank's core operations ensuring effective and efficient operational policies and procedures are in place and maintain a high level of bank's performance.
Key Responsibilities:
  1. Organise, control and direct the functions of Zonal Offices, Directorates of Strategic Planning and Corporate Affairs, Development Financing, Portfolio Management, Managed Funds Administration and Technical Department to ensure superior service offering to all bank customers, efficient utilization of the bank's resources, reduction of credit losses through implementation of robust risk management process and strict adherence to the bank's operational policies and procedures.
  2. Appraise the bank's performance on a continuous basis to ensure all activities of these Directorates/Departments are profitable.
  3. Develop and enhance the' existing operational systems and establish new ones in order to facilitate effective costing, monitoring and evaluation of the bank's products performance.
  4. Contribute to the development process and marketing of all the products of the bank and develop mechanisms that ensure customer service is improved on a continuous basis.
  5. Ensure growth in the bank's portfolio and customer base through effective marketing and customer oriented activities.
  6. Develop strong, effective and profitable client relationships and networks that can be leveraged to result in revenue growth and customer satisfaction.
  7. Lead the development and documentation of work plans for four Directorates and One Independent Department and; ensure timely implementation, monitoring and evaluation of the plans.
  8. Participate and contribute to the development of the bank's corporate strategy and management committee meeting including, Board of Directors meetings.
  9. Coach, mentor and develop the Directors and Department Head to ensure the development and sustenance of a performance driven and results oriented culture within the business units.
  10. Where delegated, sign official bank documents on behalf of the Managing Director.
  11. In the absence of the Managing Director, manage all bank's business and represent the bank on executive business/ government forum.
  12. Perform any other duties as may be assigned from time to time by the Managing Director.
Qualifications, Knowledge, Experience
  1. Must possess a Master's Degree in Business Administration, Finance, Economics or related field from a recognized University/ Institution
  2. Possession of a professional banking qualification will be an added advantage.
  3. Minimum of ten (10) years' working experience in banking of which, five (5) must be at Senior Management level with key experience on core banking functions and management of multiple stakeholders.
  4. Excellent relationship management and communication skills required to interact with the Board and negotiate with various clients and key stakeholders.
  5. Strong written and oral communication skills
  6. Excellent understanding and experience of banking process, products and services.
  7. Highest degree of integrity, excellent and well developed leadership, people management and organizational skills.
  8. Strong interpersonal skills with the 'ability to quickly form working relationship and gain credibility with a wide selection of staff from different level and disciplines.
  9. Strong project management, corporate governance and risk management skills.
  10. Thorough knowledge and experience in corporate and development banking.
  11. Must be computer literate
REMUNERATION
TIB Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
Qualifying candidates should apply in writing to or lodge their applications at the address below, enclosing:-
  1. An application letter.
  2. Comprehensive curriculum Vitae.
  3. Copies of relevant certificates and awards.
  4. Contact address including telephone number(s) and/or email addresses) if available.
  5. Names and full addresses of three referees.
    Closing Date is 31st August, 2017.
    Managing Director,
    TlB Development Bank
    Building No.3, Mlimani City Office Park,
    Sam Nujoma Road, Ubungo
    P.O. BOX 9373,Dar es Salaam
    Email: job@tib.co.tz Website: www.tib.co.tz
Job Opportunities at TIB Development Bank Limited Job Opportunities at TIB Development Bank Limited Reviewed by Kazi Bongo on 12:03:00 PM Rating: 5

JOBS CATEGORY

Tanzania Kenya NGO JOBS Uganda Best Jobs Consultancy Rwanda ICT JOBS Administrative United Nations Sudan Best Jobs Finance Health - Medical Engineering Ethiopia Education Agricultural Lecturer Human Resources Somalia Media Congo - Kinshasa Legal Jobs Bank Jobs Monitoring and Evaluation Mining World Vision Burundi Procurement African Barrick Gold Accountant Zambia Sales and Marketing US EMBASSY East African Community Mozambique Telecoms Research CARE International Save The Children Plan International Arusha Malawi South Sudan Oxfam Scholarships African Development Bank Finance and Administration SafariCom Aviation The Commonwealth American Embassy Sales Zanzibar Environmental Catholic Relief Services Dar es salaam USAID Operations FHI 360 UNDP Security World Bank Economist TradeMark East Africa Unicef Hospitality Managers International Rescue Committee (IRC) Restless Development Accounting Civil Engineers AMREF Morogoro Utumishi AfDB African Development Bank COOPI - Cooperazione Internazionale Driver - Logistics Path International Mwanza African Union Tigo Jobs Marketing Mbeya Teaching Au African Union PSI Population Services International Pwc PricewaterhouseCoopers East African Breweries North Mara Gold Mine ACTED Djibouti Malaria Consortium Bulyanhulu Gold Mine DFID Driver Buzwagi Gold Mine Jhpiego COMESA FINCA JOBS International Jobs Adeso Danish Refugee Council Kilimanjaro Nairobi Coca-Cola Handicap International Pact International Rio Tinto Solidarités International Tender EGPAF Elizabeth Glaser Pediatric AIDS Foundation Logistics Serengeti Breweries Ltd Nation Media Group Africare Norwegian Refugee Council Samaritan's Purse Chemonics International COUNTRY DIRECTOR ICAP of Columbia University InterShips Precision Air RwandAir Marie Stopes International (MSI) Serengeti Breweries Volunteer Climate Change IGAD Tetra Tech ARD Agriculture Jobs Dodoma Iringa One Acre Fund Project Management Clinton Health Access Initiative (CHAI Technoserve Twaweza East Africa ActionAid Lutheran World Federation SADC Secretariat Tanga Vso International ACDI/VOCA Halmashauri Agha Khan Kenya Commercial Bank World Agroforestry Centre Deloitte East Africa International Organization for Migration (IOM) COMESA Secretariat: Software Engineering Safety and Security Shinyanga Jobs Tanzania Breweries Pathfinder International World Health Organization KPMG TANROADS Tanzania Electric Supply Company British Council Futures Group KCB BANK UN-Habitat WFP World Food Programme Barclays GEITA GOLD MINING TANESCO Electrical Engineer Food and Agriculture Organization GOAL Mombasa Tabora WWF World Wide Fund for Nature Microsoft Tanzania Ports Authority East African Development Bank Family Health International (FHI) IBM EAST AFRICA IntraHealth International Mercy Corps SERIKALINI - GOVERNMENT OF TANZANIA AccessBank Community Development Jobs Data Base Management Google Africa ICAP - TZ KEMRI/CDC Program WaterAid Tanzania Auditor SNV International Stanbic Bank Amnesty Horn Relief Kampala Management Systems International (MSI) Standard Chartered Bank VETA Christian Aid DIAMOND TRUST BANK Helen Keller International Help Age Mtwara Uganda Telecom Airtel Africa Equity Bank Internships Marie Stopes TCRA Web Development B B C WORLD SERVICE Human Rights Kigali Makerere University Nile Basin Initiative Kenyatta University Kigoma Mzumbe University NSSF National Social Security Fund Nile Breweries Limited Tulawaka Gold Mine University of Nairobi kenya Airways Bank of Tanzania Graduates MTN Muhimbili National Hospital Nepad Partners in Health Room to Read SUMATRA UNWOMEN African Wildlife foundation (AWF) KEMRI Kagera Librarian MENTOR Initiative Trainee USAILI - INTERVIEW Uiversity of Nairobi WaterAid International icipe Project CAFOD - Catholic Agency for Overseas Development Egerton University EngenderHealth Goal Ireland Kenyan Banks Lake Victoria Basin Commission Peace Corps TANAPA TASAF Tanzania Social Action Fund Zanzibar University ACB AKIBA COMMERCIAL BANK AGRA Alliance for a Green Revolution in Africa Advans Bank Ethiopian Airlines Freedom House IITA International Institute of Tropical Agriculture Legal Moshi NMB BANK Resolute Tanzania Singida Uganda Uganda National Roads Authority University of Dar es salaam University of Dodoma British High Commission ChildFund EWURA FilmAid International NECTA TPDC Tanzania Civil Aviation Authority (TCAA) United States International University World Concern Aga Khan Foundation CBA Commercial Bank of Africa Ecomist Ernst and Young IUCN International Union for Conservation of Nature International Medical Corps Islamic Relief Kakira Sugar Musoma National Institute for Medical Research OPEN UNIVERSITY OF TANZANIA Relief International TAA Tanzania Airports Authority Trócaire Uganda Revenue Authority VODACOM TANZANIA VSF Belgium Architects Hivos IFC International Finance Corporation Ifakara Health Institute Inoorero University International Commercial Bank Kenya Red Cross Society MADEREVA Medical Oil and Gas Pwani University College SOKOINE UNIVERSITY Tumaini University Water Engineering AWF African Wildlife Foundation Acacia Mining Accounts African Virtual University Altima Africa Ardhi University Bank of Uganda Business Development Concultancy Del Monte Kenya Embassies Kenya Airports Authority Lake Victoria South Water Services Board Mara National Bank of Commerce RECORDS MANAGEMENT JOBS RUKWA Ruvuma Search for Common Ground Songea TTCL Tanzania Telecommunications Company Limited Unilever War Child International Zinduka Afrika ACORD AKU ​Aga Khan University Africa Nazarene University Africa Rice Center (AfricaRice) Aga Khan Health Services CRDB BANK Commercial Bank of Africa Daraja Tanzania Engineers Registration Board (ERB) Fina Bank International Potato Center International Potato Center (CIP) Intrahealth Jomo Kenyatta University Kilimanjaro Christian Medical Centre Kyambogo University Lindi Jobs MCL Mwananchi Communications MUHAS-harvad Moi University NBC BANK National University of Rwanda Ngorongoro Conservation Area Authority Njombe Nuru International Nzoia sugar Company RTI International SUA SOKOINE UNIVERSITY OF AGRICULTURE THE LAW SCHOOL OF TANZANIA TRA Tanzania Revenue Authority Tanzania Postal Bank The Foundation For Civil Society Udhamini wa Masomo Western Union AIR TANZANIA Action Against Hunger (ACF) Agricultural Society of Kenya BRALIRWA Bondo University College Caritas Comoros Concern Worldwide Conservation Jobs Consolidated Bank of Kenya DHL Express Ewaso Ngiro South River Basin Development Authority Geologist Gulf African Bank INSTITUTE OF ADULT EDUCATION Jomo Kenyatta University of Agriculture and Technology Kabale University Kabale University (KAB) Kenya Ports Authority KickStart International MORUWASA Morogoro Urban Water and Sanitation Authority MSH Management Sciences for Health Mumias Sugar Company Nairobi Hospital Nkumba University Rural Electrification Agency SOKINE UNIVERSITY SONGWE STAMIGOLD Stores TACAIDS TARURA TCU Tanzania Commission for Universities Tullow Oil World Lung Foundation (WLF) ALAF Limited Aga Khan Development Network (AKDN) Aga Khan Hospital Air Malawi American Refuge Committee BENKI YA POSTA - TPB BANK BTC Belgian Technical Cooperation Bhttp://www.blogger.com/img/blank.gifank of Tanzania Bioversity International CHF International Customer Service Jobs DANGOTE DIT DAR ES SALAAM INSTITUTE OF TECHNOLOGY Danida Dar es Salaam Institute of Technology Daystar University ECOBANK ETDCO Electrical Transmission and Distribution Construction and Maintenance Company European Union IFM INSTITUTE OF FINANCE MANAGEMENT INSURANCE JOBS - BIMA ITECH Internews® Network KUITWA KAZINI Kenya Accreditation Service Kenya Polytechnic University College Kilombero Sugar Company Kisii University College Kisumu Laboratory Jobs MSD MEDICAL STORES DEPARTMENT MSF Switzerland Management Sciences for Health Manyara Maseno University Ministry of State for Planning Muteesa 1 Royal University Médecins Sans Frontières NIDA National Identification Authority Narok University College OSHA Occupational safety and Health Authority Open Society Initiative for Eastern Africa (OSIEA) PA PAC PEPSI POLICE - POLISI Petroleum EngineerS RWANDA HOUSING AUTHORITY Seychelles Songas TBC TANZANIA BROADCASTING CORPORATION TBS TANZANIA BUREAU OF STANDARDS TFDA TANZANIA FOOD AND DRUGS AUTHORITY TIB - Tanzania Investment Bank Tanzania Mortagage Refinance Company Tanzania Teachers’ Union Transmara Sugar Company Tropical Pesticides Research Institute Tumba College of Technology Twiga Cement UNESCO UNOCHA Umma University University WRP Walter Reed Project ZANTEL ao uga
Powered by Blogger.