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Chief Executive Officer

at TIB Development Bank Limited
Location Dar es Salaam, Tanzania, United Republic of
Date Posted August 30, 2022
Category Administration
Banking
Management
Job Type Full-time
Currency TZS

Description

JOB SUMMARYNA
DUTIES AND RESPONSIBILITIESi.Coordinating the supervision of the activities of the bank and ensuring that they comply with country laws, BOT regulations and Guidelines, internal policies and procedures, Board directives and generally accepted banking practices;

ii.Managing the day to day operations of the bank so as to ensure that the bank operates within sound commercial principles;

iii.Leading the management team in supervising the implementation of the Bank’s Strategic Plan and ensuring that the targets set therein are achieved;

iv.Ensuring the Annual Business Plan is prepared and submitted to the Board of Directors for approval and the operations of the bank are in conformity with approved business plan;

v.Ensuring that the annual budgets are prepared and submitted to the Board of Directors for approval for every ensuing year and that the bank operations are conducted within the approved budget;

vi.Ensuring the bank performance reports including progress reports on the financial performance and staff development are prepared and submitted to the Board of Directors quarterly;

vii.Ensuring the financial accounts of the bank are audited every year and reports submitted to the Board of Directors in accordance requirements of the law;

viii.Ensuring various Policies and Programs for management of operational risks, credit risks, liquidity risks, foreign exchange risks and any other inherent risks are put in place and implemented accordingly;

ix.Supervising recruitment, performance evaluation, promotion or disciplining of employees whose recruitment are within the powers of Management;

x. Monitoring the effectiveness of the Organization Structure of the bank and proposing to the Board of Directors changes when deemed necessary;

xi.Building effective working relationship with Government leaders, Regulatory Bodies and Business Partners in the market;

xii.Motivating, coaching and developing high performance teams; and

xiii.Undertaking any other duties that may arise as assigned by the Board of Directors or as result of government policy and strategic directions.

QUALIFICATION AND EXPERIENCEMaster’s Degree in the following fields: - Business Administration, Finance, Accounting, Banking, Economics, Marketing, Law or Entrepreneurship from a recognised Institution. Holding a PhD in any of the above fields will be an added advantage.
REMUNERATIONAS PER ORGANIZATION SALARY SCALE