.png "New Job vacancy/Nafasi ya kazi/ Job opportunity at Bank of Africa Tanzania(BOA)")
New Job vacancy/Nafasi ya kazi/ Job opportunity at Bank of Africa Tanzania(BOA)
Bank
of Africa Tanzania are Hiring/Nafasi ya kazi Bank of Africa(BOA) Tanzania.
Bank
of Africa Tanzania are looking for Hiring manager trade finance and financial
institution. Nafasi ya kazi Bank of Africa(BOA) Tanzania imetangaza nafasi ya
ajira ya kazi meneja biashara na taasisi ya fedha.
Bank of
Africa Tanzania(BOA) Activity Background:
The
Bank began operations in Tanzania in June 2007 after acquiring Euroafrican Bank which
had been operating in Tanzania since September 1995. The idea of the founders
of BANK OF AFRICA was to create a truly unique, profitable PAN-AFRICAN bank
that embodies the essence of many of our founding fathers on the continent.
At
the time of acquisition, the Bank had 3 branches. Currently the Bank here in
Tanzania has a network of 19 branches; 9 in Dar es Salaam, 10 upcountry. At the
time in 2007 when Bank of Africa acquired Euroafrican Bank, that Bank was a
struggling Bank. But with good products, effective products, efficient
management and the support of the Government as well as the enabling
environment, profits have increased year on year.
Job Positions: Manager
Summary of Responsibilities:
Ø The job
holder will be responsible to oversee trade finance portfolio to be assigned
together with business development on new and existing customers where they are
expected to increase “wallet share” to manage and sustain a portfolio of the
bank.
Scope of Duties:
Ø To drive,
structure and manage bank’s trade finance portfolio specializing on Off Balance
sheet contingent Liabilities on approved sectors.
Ø Generation
of Non-funded Income for all OBS items.
Ø To Support
Business Team (BM,RM,RO’S) to Plan, implement and control Sales strategies to
maximize new and repeat sales from the accounts.
Ø Manage and
monitor team workflow at the bank network in line with set targets.
Ø Review and
processed transactions trade finance products such as Export Letters of Credit,
Import Letters of Credit, Documentary Collection, Bills Analyzation,
Guarantees, Standby Letters of Credits and Trade Loans etc.
Ø Prepare and
analyze credit applications for presentation to credit department.
Ø Create a
suitable structure for the best trade finance products, process and procedures
including an end-to-end process flow between the front office and back-office
functions.
Ø Manage the
operational risk of the department to avoid operational/ reputational losses
and ensure understanding and full compliance of BOA procedures and practices.
Ø Develop
& implement Service Level Agreements (SLAs) with internal departments/
units to achieve improvements in turnaround time (TAT) with respect to
processing transactions for the respective divisions/departments.
Ø Prepare and
manage Branch trade-finance activities including Staff training, Activations
Workshops and Branch visits
Ø Manage BOA
regional trade finance activities including group syndication files and BOA
cross border transaction.
Ø Monitors and
analyses with Deputy Managing Director/Head of Enterprise Unit the quantitative
and qualitative achievements of the branch and advise the strategies and
roadmap for trade finance unit.
Ø Manage the
performance of subordinate staff and develop and implement training and
development plans to ensure their performance is aligned with business goals
and objectives.
Ø Actively
disseminate bank Trade Finance capabilities through business interaction
(clients and staff), formal internal/external presentations demonstrating the
bank’s abilities in facilitating trade.
Ø Identify and
negotiate business opportunities with Branch clients and develop overall
strategies for business development to increase wallet share.
Technical Know How:
Ø Listening
skills, sense of dialogue and power to convince
Ø Sense of
risk control
Ø Ability to
negotiate
Ø Creativity
& Innovation skills
Ø Personal
effectiveness
Professional skills & Experience:
Ø Bachelor’s
degree in Banking, Commerce, Finance, Economics, Laws or any other related
field
Ø An
additional qualification in Banking shall account for a plus
Ø A minimum of
3-year experience in a Bank of Financial Institution of which atleast 1 should
have been in business development.
Ø Should be
proficient in Microsoft office applications especially excel
Ø Trade
Finance product and/or service Knowledge
Ø Good
communication and Interpersonal skills
Submission:
All
the applicants should submit their application letter, CV and
Certificates not later than 29th March
2024 to email: hr@boatanzania.com
OR
THE
HUMAN RESOURCES DEPARTMENT
BANK OF AFRICA – TANZANIA
NDC DEVELOPMENT HOUSE
OHIO / KIVUKONI STREET
P.O Box 3054
DAR ES SALAAM
TANZANIA.
NOTE: They will communicate
to only successful candidates who will meet all the requirements above.
Are
you interested applying this job Vacancy? Through the information and
requirements of Bank of Africa Tanzania above (Kwa kupitia maelezo na matakwa
ya Bank of Africa Tanzania hapo juu,) you can send your job
application proposal by clicking trough this link
below.