Risk/Compliance Manager , Bank of India Tanzania

Bank of India is a leading Public sector Bank in India and completed 107 years in 2012. It has network of more than 4000 Branches in India and 52 Overseas Branch/Offices almost in all continents the world.

Bank of India opened its subsidiary in Tanzania and started actual operations in Dar es Salaam in June 2008. We have recently opened second Branch in Dar es Salaam. We are looking for young, energetic and committed Tanzanians to fill up the following vacancies for its Head office in Dar es Salaam.

Qualifications/Experience

Bachelors Degree in Banking, Accountancy, Finance etc

Good analytical skills or experience in preparation of various Risk Management Reports for the Board and various Committees of the Board

Good computer application skills

Candidates should have at least 2 to 3 years experience in Bank/Financial Institutions the relevant field.

Duties/Responsibility

Responsible for strengthening ~he comprehensive Risk Management system in the Bank.

Minimize the probability of inappropriate losses due to various risks the Bank is exposed .

Maximize expected return through more optimal capital allocation.

Facilitate a comprehensive view of the Banks risks aligned with the Banks strategy and opportunities.

Design and implement business processes tied to the Risk Management mission and objectives.

Define and develop the analytical tools needed to measure risk including performance measurement, methodology and key performance-indicators.

Design and implement system enhancements (for existing systems) and new Risk Management systems.

Risk associated with all products and services offered by the Bank will be covered for the assessment/management of risks.

Preparation of quality risk management Reports to various management committees.

Ensuring compliance with statutory requirements and playing a key influential at role towards the formulation of Industry Policies and standards in liaison with regulatory authorities.

Effectiveness of Risk Management Units infrastructure & systems (Policies, Processes, Procedures & tools) in achieving compliance requirement, optimal efficiency, resource utilization and cost containment.

Application Instructions:

Eligible candidates may apply for above mentioned vacancies so as to reach us on or before 20th July 2013. Candidates are required to submit their detailed CV including passport size photo, date of birth, name and addresses of three referees and attached copies of their Professional Certificates regarding, Educational qualifications & Experience.

Please note importantly that;

Only those candidates who fulfill required criteria for Educational Qualification and experience for related Post will be considered for short listing/calling for interview.

Application should be send in closed envelope with mention of specific post applied for on cover i.e. 'Application for Post of ..... .' should be submitted on or Before 20th July 2013

Application should be submitted to:

The Managing Director Bank of India (Tanzania) Ltd

Maktaba Street

P.O.Box 7581

Dar es Salaam