Tanzania Commercial Bank (TCB) is delighted to announce a range of executive vacancies, offering an exceptional opportunity for experienced professionals to join one of Tanzania’s leading financial institutions. TCB is committed to delivering superior banking services and seeks talented individuals to fill the following high-profile positions: Chief Finance Officer, Director of Human Resources, Director of Corporate Banking, Director of Marketing and Public Relations, and Director of Legal Services.
Tanzania Commercial Bank (TCB) is one of the leading financial institutions in the country, providing first-class banking services and solutions to private individuals, enterprises, and the community at large. The bank has a team of highly qualified, experienced, and committed professionals who serve customers and contribute to the economic development and financial inclusion of the country.
1. Chief Finance Officer (CFO)
Reporting to the Chief Executive Officer, the CFO will be responsible for leading the finance function, overseeing financial planning and analysis, accounting, treasury management, and regulatory reporting activities, and providing strategic financial guidance to support TCB’s business objectives. The role requires strong leadership, analytical skills, and business acumen, as well as a deep understanding of financial management in the banking industry.
The CFO will play a critical role in overseeing the financial strategy and operations of TCB. This position demands a highly analytical and strategic thinker capable of leading the finance department towards achieving the bank’s financial goals.
Key Duties and Responsibilities
- Responsible for the bank’s books of accounts;
- Oversee asset liability management and fund management program for the Bank
- Review the institution’s financial conditions, financial position and recommend viable alternatives for cost effective operation
- Develop and expand the financial strategy of the bank management in order to develop and strengthen the financial capacity of the bank
- Participate in the strategic planning process, to lead the budgeting and forecasting of the bank and to build a strong financial discipline and accountability foundation for budgeting and forecasting.
- Prepare periodic financial information and reports used by management, the Board of Directors, regulatory bodies and other stakeholders;
- Carry out all payments to suppliers and staff of the bank and reconciliations of head office accounts; and
- Carry out any other related duties as assigned by the Supervisor.
Minimum requirements:
- Holder of a Bachelor’s Degree in one of the following fields; Accounting, Finance, Commerce or Business Administration (Majoring in Accounting, Finance and Banking) or equivalent qualifications from recognized institutions with;
- At least 7 years’ working experience in the banking industry or financial institution of which two (2) years should be in a managerial position
- Always willing to learn and grow as a leader and professional;
- Strong motivational skills to drive the team for self-motivation in challenging times;
2. Director of Human Resources
Reporting to the Chief Executive Officer, the DHR will be responsible for creating and shaping the work culture at TCB, attracting and retaining talent and fostering a high performing work environment. The successful candidate will work closely with the senior leadership team in developing and implementing the organization’s HR initiatives and policies that align with TCB’s strategic objectives.
The Director of Human Resources will be responsible for developing and implementing HR strategies and initiatives aligned with the overall business strategy. The ideal candidate will have a proven track record in HR management and be adept at fostering a positive workplace culture.
Key Duties and Responsibilities
- Develop and maintain the Human Resource initiative within the Bank’s Strategic Plan; ensuring the Bank’s direction on employee relations, hiring, and retention is adequately addressed and managed;
- Develop and implement HR programs that support business objectives including competitive compensation and benefits programs, HR policies and guidelines, regulatory compliance programs, organizational development programs, payroll administration and employee record management policies;
- Develop the recruitment and retention strategy for the bank and its processes flow to ensure that the recruitment process complies with the Labour Act.
- Develop and manage the Performance Management program for the bank which includes designing and measuring the effectiveness of the performance review tools, training associates, and communicating the process as needed and annual salary planning with management;
Minimum requirements:
- Holder of a bachelor’s degree in one of the following fields; Human Resources Management, Public Administration, Industrial Relations, Commerce or Business Administration or equivalent qualifications from a recognized Institution with;
- At least 7 years’ working experience in the banking industry or financial institution of which two (2) years should be in a managerial position
- Possession of a Master’s degree in one of the above fields Is an added advantage.
- Strong leadership skills coupled with the composure required to thrive under pressure;
- Strong motivational skills to drive the team for self-motivation in challenging times;
3. Director of Corporate Banking
Reporting to the Chief Executive Officer, the DCB will be responsible for leading the corporate banking division, overseeing the development and implementation of strategic initiatives to grow and manage TCB’s corporate client portfolio. This position requires strong leadership, business development, and relationship management skills, as well as a deep understanding of corporate banking products and services.
The Director of Corporate Banking will lead the corporate banking division, focusing on expanding the bank’s corporate client base and enhancing service offerings. This role requires strong leadership skills and a deep understanding of corporate banking services.
Key Duties and Responsibilities
- Implement the bank’s approved strategy and facilitate achievement of related short- and long-term business goals in the most effective and efficient manner;
- Develop and manage targeted Corporate Relationships by extending capital, developing robust multi-product account plans, and delivering banking solutions.
- Develop solid corporate relationships with the existing corporate clients and attract new corporate clients for the bank.
- Oversee the development and subsequent implementation of annual plans by individual departments / functions comprising Corporate Banking to ensure achievement of pre-set targets / objectives, including but not limited to business growth and expansion;
- Approve / amend Key Performance Indicators for the purpose of performance monitoring and quality measurement of the Corporate Banking department and systematic monitoring of their achievements in terms of assets and liabilities;
Minimum requirements:
- Holder of a Bachelor’s degree in one of the following fields; Finance, Accounting, Banking, Economics, Commerce or equivalent qualifications from recognized institutions with;
- At least 7 years’ working experience in the banking industry or financial institution of which two (2) years should be in a managerial position
- Possession of a Masters Degree in one of the fields mentioned above is an added advantage.
- Strong leadership skills coupled with the composure required to thrive under pressure;
- Strong motivational skills to drive the team for self-motivation in challenging times;
- Excellent oral and written communication skills to    create a message and lay out strategies that team can easily understand;
4. Director of Marketing and Public Relations
Reporting to the Chief Executive Officer, DMRP will be responsible for developing and executing marketing initiatives to enhance the TCB brand, drive customer acquisition and retention, and strengthen our relationships with stakeholders. The position requires creativity, strategic thinking, and strong communication skills to position TCB in the market, making it easier to promote products and services to the target customers.
The Director of Marketing and Public Relations will oversee the bank’s marketing initiatives and public relations activities. The successful candidate will be responsible for developing strategies to enhance the bank’s brand presence and communicate effectively with stakeholders.
Key Duties and Responsibilities
- Lead the development and execution of integrated marketing communication strategies to support business objectives and drive brand awareness.
- Oversee all aspects of marketing communications, including branding, public relations, corporate communications, content development, and social media.
- Develop and manage communication plans, budgets, and timelines to ensure efficient and effective execution of communication initiatives
- Monitor and analyze communication performance metrics to track effectiveness and optimize communication strategies.
Minimum requirements:
- Holder of Bachelor Degree in one of the following fields; Marketing, Economics, Planning, Project Management, Commerce, Statistics or Business Administration or equivalent qualifications from a recognized institutions with;
- At least 7 years’ working experience in the banking industry or financial institution of which two (2) years should be in a managerial position
- Possession of a Masters Degree in one of the fields mentioned above is an added advantage.
- Strong leadership skills coupled with the composure required to thrive under pressure;
- Always willing to learn and grow as a leader and professional;
5. Director of Legal Services
Reporting to the Chief Executive Officer, the DLS will be responsible for providing legal expertise and services to the bank, advising the board on legal and corporate governance matters, dealing with fraud examination and litigation, handling all legal recoveries in the bank and maintaining the statutory register of all shareholders and the company at large.
The Director of Legal Services will manage the bank’s legal affairs, ensuring compliance with legal and regulatory requirements. This position requires a seasoned legal professional with extensive experience in corporate law and regulatory issues.
Key Duties and Responsibilities
- Give opinion on all legal matters to the board and all directorate in the bank;
- Coordinate all management meetings, board committee meetings, full board meetings and shareholders meetings;
- Ensure that all corporate governance issues are maintained in the bank;
- Serve as Secretary for various meetings and committees, managing shareholder register and share ownership changes.
- Handle share transfers, shareholder queries, and support smooth operation of decision-making processes.
- Advise management on meeting content, organize meeting materials, and ensure accurate minute-taking.
Minimum requirements:
- Holder of a Bachelor’s Degree in one of the following fields; Law or Business Administration from a recognized institution;
- A registered Advocate of the High Court;
- At least 7 years’ working experience in the banking industry or financial institution of which two (2) years should be in a managerial position
- Possession of a Masters Degree in one of the fields mentioned above is an added advantage.
- Strong leadership skills coupled with the composure required to thrive under pressure;
- Strong motivational skills to drive the team for self-motivation in challenging times;
- Excellent oral and written communication skills to create a message and lay out strategies that team can easily understand;
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How to Apply
Interested candidates are invited to apply for the positions by sending their application via email. The application should include a motivational letter, a comprehensive CV, and certified copies of academic certificates. The CV should detail the applicant’s mobile number, email address, career background, and three referees.
Application Email: [email protected], Application Deadline: On or before 3 July 2024 Subject Line of Email: Please indicate the reference number of the job and the name of the position.
Required Documents
- Motivational letter
- CV (including mobile number, email address, career background, and three referees)
- Certified copies of academic certificates
Tanzania Commercial Bank offers a dynamic and rewarding work environment, with opportunities for professional growth and development. If you have the expertise and passion to contribute to the bank’s success, we encourage you to apply for these exciting positions.
Join TCB and be a part of a team dedicated to excellence in banking services. For further inquiries, please contact [email protected]. We look forward to receiving your applications and wish you the best of luck!
