Friday, September 18, 2015

COMMERCIAL BANK OF AFRICA (TANZANIA) LIMITED
JOB OPPORTUNITY
Commercial Bank of Africa (Tanzania) Limited was established in 1962; offering wide spectrum of banking products and services. Commercial Bank of Africa (Tanzania) promotes equal employment opportunity and provides a conducive and challenging work environment for existing and potential employees to fully realize their potential. CBA is hereby inviting applications from suitably qualified candidates to fill the following vacancy

POSITION    :     TRADE FINANCE MANAGER
REPORTING TO    :     SENIOR MANAGER. TRADE FINANCE
LOCATION    :     DAR ES SALAAM

Job Purpose
•    To market high quality, high value non-managed and managed trade account business in Tanzania. This incorporates the development of the trade finance business focusing on promoting trade between Tanzania and abroad from import and export perspectives and identifying opportunities for new or improved trade products, and telegraphic transfer business.

Key responsibilities:
•    To deliver assigned trade business and revenue targets through a combination of onshore and offshore revenue streams by marketing trade finance products to existing and new dients directly. And also via ARMs in order to maximize customer profitability by providing innovation and value added financing while at the same time reducing the risk to the bank.
•    Solicit business from existing customers by increasing utilization under approved trade credit limits.
•    To aim for a higher share of non-aedit businesses from existing customers and new customers by offering superiof services. competitive pricing and a flexible product range.
•    Responsible for market research and identifying business from existing and new customers.
•    To develop account relationships which will provide a stable stream of high value and low risk transactions.
•    Leveraging of credit and non.
•    To facilitate customers with a faster, more efficient and foCused trade processing service in Tanzania.
•    Supporting process change initiatives and constantly working to improve trade operations.
•    To benchmark against world-dass trade finance providers and ensure that the standards of the trade unit in CBA meet similar standards.
•    Joint calling with Relationship Managers for soliciting incremental business from new and existing relationships.
•    Packaging of new trade product programs to meet specific customer product requirements.
•    Customer Calls /Presentation- execute calling program on allocated customer portfolio and conduct sales presentation as appropriate.
•    Ensure complete and accurate customer charges database is in place and is known to all users.
•    Monitoring, management and growth of the T.T. business customers.
•    Ensure maintenance of healthy business environment through strict compliance with policies and procedures, as defined by the group and local regulatory authorities.

Qualifications and experience required:
•    University degree or equivalent.
•    Trade 'skills related courses.
•    Dynamic sales orientation/result driven.
•    Ability to multitask and work effectively under pressure
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POSITION    :    MANAGER, CENTRAL PROCESSING
REPORTING TO    :    HEAD OF OPERATION & SERVICE DELIVERY
LOCATION    :     DAR ES SALAAM

To manage the Treasury Operations (TROPS) and Trade Finance Department of the bank within agreed risk parameters. This incorporates Treasury,
Correspondent Banking and Trade Finance activities and effectively monitoring the planning, managing and checking of foreign exchange operations, money market operations, and ensuring that appropriate levels of liquidity are maintained. Check the management of the bank's funding needs In a cost effective and risk appropriate manner with surplus funds Invested profitably. Monitoring the setting of Interest and foreign exchange rates, as well as,
Interest rates mismatch and maturity mlsmatrh limits. To manage Trade Finance operations, which include SWIFT, transfers, documentation, conflmations, reconciliations, and data entry In the T24 system.
•    Monitor the development, management and marketing of the bank's treasury and corresponding banking products and services in line with strategic objectives, annual business plans and marketing plans ensuring the bank remains competitive and promptly reacts to the changing market and customer needs.
•     Close monitoring the bank's liquidity ensuring that the statutory cash ratio and liquidity ratio are met at all times and that there is sufficient liquidity to meet all business requirements.
•    Closely watch the bank's interest rates and foreign exchange risks and exposures, ensuring that market movements are monitored continuously to facilitate sound decisions and ensure that the bank's exposures are maintained within approved limits and prudential considerations. \
•    Close follow-up on the development and marketing of the new treasury products to position the bank as a market leader in this business segment.
•    Ensure efficient operation of trade finance both Incoming and outgoing transfers, documentation, reconciliations, confirmations and data entry in T24.
•    Monitor management of the availability of wholesale and money market deposits to meet the bank's identified needs for profitable investments, ensuring that market movements are monitored continuously to facilitate sound decisions and ensure that the bank's exposures are maintained within approved limits and prudential considerations.
•    Organelles, manage and motivate the available human capital within the Treasury Operations and Trade Finance Department through the establishment of suitable organization structure and Implementing development programmes to optimism competence and productivity.
•    Ensure that treasury functions fully comply with the bank's credit policy, ALCO policy, AML policy and the Bank of Tanzania guidelines and appropriate provisions of the Banking Act In respect of treasury operations.
•    Put in place an MIS system that will enable continuous tracking of the department's performance, monitoring of customer satisfaction, and provision of management and external reports. Pro actively manage risk within the unit.
•    As a member of the management team, take a proactive role In Influencing policy and strategic direction of the bank.

Qualifications and experience required:
•    University degree or equivalent is essential. Relevant professional qualification in banking, dealing. accounting or trade finance will be an added advantage.
•    Full awareness and appreciation of profit dynamics in banking.
•    Experience. awareness and appreciation of all aspects of balance sheet management in banking.
•    Proven leadership and people management skills with a high level of commitment and enthusiasm.
•    Good communication and presentation skills.
•    At least five years of experience in treasury operations and exposure to sophisticated treasury products.
•    At least two years of experience and exposure in trade finance.
•    Knowledge of new and evolving technology systems including the benefits and shortfalls of investments.

APPLICATION INSTRUCTIONS:
Your application should include application letter, up-to-date Curriculum Vitae, copies of relevant certificates and names and contact detail of three work related referees.
Application should reach the undersigned by 1600 hours on 21st September 2015.

Head of Human Resources
Commercial Bank of Africa (Tanzania) Limited
P.O. Box 9640
Dar es Salaam

We thank all those who will show interest in working with us, but regret we will only be able to contact short listed candidates.