TIB Corporate Finance Limited is a designated Commercial Bank subsidiary of TIB Development Bank Limited, It was formed from the hived-off commercial banking activities of the restructured Tanzania Investment Bank Limited.
Under the Banking and Financial institutions (Development Finance) Regulation of 2012, commercial banking activities are to be separated from the core Development Financing undertakings. The TIB Corporate Finance Limited's (CFL) main functions are to carry on corporate banking business across a network of branches, agencies and departments. The Corporate Bank is fully fledged to operate as a commercial bank, with powers to Receive and accept deposits, make collections, invest, lend money and conduct any other related commercial banking services required for its primary corporate clientele and general public.
It is against this background that the bank now invites applications from suitable, qualified and skilled persons to fill the following available vacancies.
UNIT HEAD, LIABILITIES AND INSTITUTIONAL BANKING
JOB PURPOSE
The job holder will report to the Director of Corporate Banking and will be primarily responsible for growing of business in terms of liabilities (customers' deposits). The role includes effective' account relationship management resulting in optimization of customer satisfaction, retention and wallet share through selling multiple solutions (cross selling) from the entire bank's product range. Such role will be done through establishing,' developing and maintaining pro-actively a portfolio of the government, government linked entities and agencies, banks, investors, corporates, development organizations and intermediaries through marketing of the full range of bank's products and services.
MANAGER, CREDIT RISK AND
SECURITY' DOCUMENTATION
JOB PURPOSE
The job holder will report to the Director of Credit and will be responsible for executing credit administration tasks that ensure maintenance of quality lending portfolio' in respect to risk monitoring and control. Implementing changes and/or improvements to establish robust control systems (policies, processes and tools) as well as maintaining safe custody of loans/advances securities.
MANAGER, CASH MANAGEMENT AND ,
ALTERNATIVE CHANNELS
JOB PURPOSE
The job holder will report to the Director of
Corporate Banking and will be responsible for driving the, creation and sales of transaction related solutions and different alternative channels to customers including Government, Corporate,
Institutions, and other business segments in the areas of Cash Management structured solutions,
Electronic Banking, Product Development and Transactional Services. Additionally, he/she will be responsible for ensuring growth of Transactional account numbers for long-term sustainability of the business and the overall bank's profitability as well as organize and ensure that trade and cash management strategic business drivers' are effective, continuously reviewed and improved.
Credit Analyst
JOB PURRPOSE
The job holder will report to the Unit Head Credit
Analysis and will be responsible for supporting the sales team through the structuring of credit solutions arid management of the credit analysis
function by performing credit appraisals, comprehensive industry studies, conducting credit
reviews and evaluating risk of ,credits within the assigned portfolio.
FOREIGN EXCHANGE DEALER
JOB PURPOSE
The job holder will work as principal officer and will report to the Director of Treasury. He/she will be responsible for driving foreign exchange profitable
trading and taking currency position in line with statutory and internal limits as well as maintaining interbank and corporate client relationship, initiate market surveys, prepare daily strategies and make predictions on currency movement to enable the bank undertakes appropriate hedge strategies and pricing of foreign exchange.
TREASURY SALES DEALER
JOB PURPOSE ,
The job holder will work as Principal Officer and will report to the Manager, Treasury, He/she will be responsible for driving sales of treasury products to the corporate and interbank market by aligning aggressive treasury strategies and cross sells the bank products to ensure that treasury contributes significantly to the bank's non-fund revenue.
APPLICATION INSTRUCTIONS:
Remuneration
TIB Corporate Finance Limited 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:
An application letter showing how they meet the post's requirements.
Comprehensive curriculum Vitae.
Copies of relevant certificates and awards.
Contact address including telephone number(s) and/or email address(s) if available.
Names and full addresses of three referees.
Managing Director
TIB Corporate Finance Limited
Samora Tower· 7th Floor,
Samora Avenue/Bridge Street,
P.O. Box 9102
Dar es Salaam
Tel: +255 222 922333
TIB Corporate Finance Limited 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:
An application letter showing how they meet the post's requirements.
Comprehensive curriculum Vitae.
Copies of relevant certificates and awards.
Contact address including telephone number(s) and/or email address(s) if available.
Names and full addresses of three referees.
Managing Director
TIB Corporate Finance Limited
Samora Tower· 7th Floor,
Samora Avenue/Bridge Street,
P.O. Box 9102
Dar es Salaam
Tel: +255 222 922333
