Tuesday, September 22, 2015


EMPLOYMENT OPPORTUNITIES

Deposit Insurance Board (DIB) is a public institution established under Section 37(1) of the Banking and Financial Institutions Act (BFIA) 2006 to formulate policy, manage and control Deposit Insurance Fund. In a bid to deliver its mandate, the Board is hereby looking for suitably qualified young Tanzanian citizens to fill vacant positions at its offices located in the Bank of Tanzania Headquarters, Dar es Salaam.

Position: Accountant II (Resolution and Liquidation) - 1 Post
Reports to: Manager Operations
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on accounting matters relating to liquidation of failed banks and financial institutions.

DUTIES AND RESPONSIBILITIES:
a) Following up compliance to directives issued by Bank of Tanzania to banks and financial institutions under prompt corrective action and preparing periodic reports;

b) Participating in closure activities of a failed bank or financial institutions and submitting reports;

c) Following up decisions of resolution committee of safety net players, and submitting reports;

d) Liaising with liquidation lawyer and preparing liquidation plan for the bank or financial institution for which DIB has been appointed the liquidator;

e) Taking inventory of assets, liabilities and records of a bank and financial institution under liquidation;

f) Liaising with liquidation lawyer and preparing plans and budget for participation in the closure, inventory taking, tracing and preserving records, property and assets of closed bank or financial institutions;


g) Liaising with liquidation lawyer and preparing and submit periodic reports on closure, inventory taking, tracing and preserving records and assets of the banks and financial institutions;

h) Analyzing debtors and creditors information and providing status report;

i) Participating in recovery of debts and submitting status report to the Assistant Manager/Manager;

j) Attending creditors and shareholders issues and submitting recommendations;

k) Liaising with liquidation lawyer and assist in the management of assets and liabilities under liquidation and preparing ‘statements of affairs’ and ‘receipts and payment statements’ periodically;

l) Liaising with liquidation lawyer and participating and preparing minutes and reports in all meetings relating to the affairs of the closed bank and financial institution under statutory management;

m) Calculating dividends for payment to unsecured creditors and uninsured deposits;

n) Liaising with liquidation lawyer and preparing periodic Progress Reports on liquidation of bank or financial institution under liquidation and submitting to the Head Receivership and Liquidation;

o) Liaising with liquidation lawyer and preparing statutory semi-annual returns and filing to BRELA;

p) Participating in closure of liquidation and preparing required reports;

q) Initiating review of the liquidation manual and making recommendations;

r) Performing other duties as assigned.

Education /Professional Qualifications and Experience Required:
 Bachelors’ degree in accountancy or its equivalent;

 CPA will be an added advantage;
 A minimum of three (3) years of work experience in relevant assignments.


Position: Financial Analyst II (Bank’s Performance Monitoring) - 1 Post
Reports to: Assistant Manager, Operations
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on monitoring the performance of banks and financial institutions.

DUTIES AND RESPONSIBILITIES:
a) Conducting off- site surveillance of banks and Financial Institutions;

b) Analyzing and Monitoring performance of distressed banks or financial institutions;

c) Participating in on-site examination of banks and Financial Institutions;

d) Initiating/proposing policies, systems and procedures for on-site examination and off-site surveillance of banks and Financial Institutions relevant to DIB operations;

e) Preparing quarterly bank performance reports;

f) Analyzing deposits and preparing on quarterly basis reports on structure of deposits of banks and financial institutions to determine likely risk attached to the fund;

g) Preparing quarterly reports including, bank performance reports as well as the report on the structure of deposits of banks and financial institutions to determine likely risk attached to the fund;

h) Periodically initiating assessment and recommending to DIB Management the premium amount to be levied to banks and financial institutions;

i) Periodically reviewing and proposing to the Management changes on the existing premium assessment formula;

j) Reviewing and proposing to the Management on the maximum insurance coverage;

k) Initiating liquidity contingency plan and stress testing on threats in relation to possible bank failures;


l) Recommending the target size of the Fund;

m) Preparing Payout plan which shall include list of insured depositors with their corresponding amount and total amount involved, proposed paying Centre and payment modalities, manpower to be involved, important documents for identification of the depositor specimen claim forms and the proposed duration for payout exercise;

n) Ensuring that the payout plan is properly communicated to the safety net players and the general public;

o) Ensuring that the list of depositors qualifying for reimbursement is authentic;

p) Performing other related duties as assigned.

Education /Professional Qualifications and Experience Required
 Bachelors’ degree in Accounting/Finance/Economics or its equivalent;
 A minimum of three (3) years work experience in relevant assignments.


Position: Human Resources Officer II - 1 Post
Reports to: Manager, Finance & Administration
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on Human Resource and administration matters.

DUTIES AND RESPONSIBILITIES
a) Advising Management on various Human Resources policies including labour relations;

b) Initiating staff recruitment;

c) Conducting training needs analysis and preparing report;

d) Preparing training plan and coordinating its implementation;

e) Coordinating employee performance appraisal;

f) Coordinating staff leave and preparing leave roster;

g) Coordinating departmental and directorate staff meetings;

h) Coordinating support and administrative services such as mail, medical services and transport;

i) Initiating and following up on hotel reservations for official visitors and senior official of the Board;

j) Initiating and following up on bookings of tickets and travel allowances for traveling officials;

k) Initiating and coordinating provision of catering services during official meetings;

l) Receiving and processing requests for moving and removing movable fixed assets from one location to another;

m) Processing requests for donations to charitable and other institutions;

n) Performing other related duties as assigned.

Education /Professional Qualifications and Experience Required
 Bachelor’s Degree in Human Resource Management from an accredited institutions or its equivalent;

 A minimum of three (3) years work experience in relevant assignments.


Position: LEGAL OFFICER II - 1 Post
Reports to: Manager Operations
Contract type: Three (3) years contract
Location: Dar es Salaam

Job Purpose:
To provide professional service on legal matters relating to liquidation of failed banks and financial institutions that will be placed under liquidation.

DUTIES AND RESPONSIBILITIES:
a) Participating in closure activities of a failed bank or financial institutions and submitting reports;

b) Liaising with liquidation accountant and preparing liquidation plan for the bank or financial institutions for which DIB has been appointed the liquidator;

c) Attending creditors, pending litigations and preparing and submitting periodic cases status report;

d) Liaising with liquidation accountant and assisting in management of assets and liabilities under liquidation and preparing statements of affairs’ and ‘receipts and payment statements’ periodically;

e) Liaising with liquidation accountant and preparing plans and budget for participation in the closure, inventory taking, tracing and preserving records, property and assets of closed bank or financial institutions;

f) Liaising with liquidation accountant and preparing and submit periodic reports on closure, inventory taking, tracing and preserving records and assets of the banks and financial institutions;

g) Participating in recovering of debts and submitting status report to assistant manager;

h) Participating and preparing minutes and reports in all meetings relating to the affairs of the closed bank and financial institution under statutory management;

i) Liaising with liquidation accountant and preparing periodic progress reports on liquidation of bank or financial institution under liquidation and submit to the Head Receivership and Liquidation;

j) Liaising with liquidation accountant and preparing statutory semi-annual returns and filing to BRELA;


k) Initiating review of the liquidation manual and making recommendations;

l) Conducting research regarding adequacy of the laws relating affecting deposit insurance and liquidation matters and recommending appropriate changes;

m) Assisting in the preparation and execution of matters relating to Board and Management meetings;

n) Performing other related duties as assigned.

Education /Professional Qualifications and Experience Required
 Bachelors’ degree in Law or its equivalent;
 Must be a registered Advocate;
 A minimum of two (2) years of work experience in relevant assignments.

How to Apply:
Interested applicants must submit the following for consideration of the applications:
a) Application letter indicating the name of the post applied;
b) A curriculum vitae (CV);
c) Certified copies of academic certificates, birth certificate and other relevant certificates;
d) Two recent passport size photographs;
e) Names and addresses of two reputable referees;
f) Applicant’s reliable contact address, email address and telephone numbers;
g) Applicants with academic certificates from foreign universities must submit proof of accreditation of issuing institutions;

Application should be addressed to:
Director Deposit Insurance Board,
Bank of Tanzania;
P. O. Box 2939,
7th Floor, North Tower,
DAR ES SALAAM.

Closing Date:
Applications should reach the Director’s Office on or before 6.00 pm on 9th October, 2015.

Only short-listed applicants will be contacted.