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Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
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I&M Bank Tanzania Limited is a commercial bank in Tanzania headquartered in Dar es Salaam and a subsidiary of Kenyan based I&M Bank Group. It is licensed by the Bank of Tanzania, the central bank and national banking regulator.
The Bank provides services such as Loans with condition of Mortgage or other cheap conditions, Credit and insurance. To cooperate with the sociaty also, the bank donate in various activities in the society. The bank has also a Money Transfer services. To increase Trading competation the bank lists it share in Dar es Salaam Stock Exchange (DSE).
As of December 2013, the bank was a mid-sized financial institution, providing banking services to individuals and businesses, with emphasis on serving medium to large corporate clients. At that time, the bank’s total assets were valued at approximately TSh 296.6 billion (US$175.5 million), with shareholders’ equity estimated at TSh 29.4 billion (US$17.4 million)
The bank started operations in Tanzania in 2002 as CF Union Bank, with headquarters in Dar-es-Salaam. By 2010 it operated two branches in Dar-es-Salaam and a third branch in Arusha. In January that year, the shareholders of CF Union Bank sold the bank to a consortium headed by I&M Bank Group. Other investors in the consortium included PROPARCO, the French Development Agency, Kibo Fund, a private equity firm based in Mauritius and Michael Shirima, a Tanzanian businessman who is the largest shareholder in Precision Air.[3] In September 2010, the bank changed its name from CF Union Bank to I&M Bank (Tanzania) Limited, to reflect the new ownership
Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
Job Purpose
In charge of customer retention, branch productivity; enhancing customer service and loyalty; and generating growth through effective customer relationship management and sales, in order to achieve the branch’s business target.
Key Responsibilities/Tasks
Business Growth:
· Ensure business growth through marketing of bank products; build and maintain existing and new customer relationships to achieve annual business targets
· Monitor performance of branch in achieving its overall business target
· Set targets for the branch business team and monitor performance to ensure the Branch achieves its overall business targets
· Manage branch’s liability portfolio and cross selling
· Effective drive branch sales taking into account quality acquisition of the customer and comply to the bank’s laid-down procedures and KYC
· Provide recommendations in the development of new products as well market for the new product’s up take
Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
Customer Service:
· Ensure customer retention by enhancing customer service at the branch level e.g. monitoring of customers’ complaints and transactions, meeting with high net worth clients regularly and maintain personalized relations
· Respond to Customer related queries as they arise
Operations:
· Manage branch’s liability portfolio through pushing for growth of low cost accounts and cross selling
· Assist in the development of new products as well as push for the new product’s up take
Compliance:
· Ensure that branch business practices are compliant to relevant banking laws and regulations, systems and procedures
Reporting:
· Ensure timely submission of reports such as periodic business, call reports and surprise check reports etc.
Risk Management:
· Coordinate the review of branch risk control self–assessments (RCSA) in liaison with Branch Operations Manager
· Develop, update and maintain risk procedures and systems with respect to risk identification, risk assessment, risk monitoring, risk mitigation strategies and risk reporting
· Ensure all required displays are in place such as relevant business permits, licenses, Tariffs etc.
· Ensure effective adoption and utilization of risk management tools
· Drive remediation of risk management exceptions identified during audit or risk reviews
· Promote risk management culture
Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
Administration:
· Implement board/management directives for the branch in an effective and timely manner
· Overall in charge of staff within department including leave management, training, coaching and mentoring for the business staff
· Support the Head of Business Development in preparing branch business related budget by providing inputs
· Attend to audit queries related to Branch business
· Liaise with respective departments in the bank for efficient and effective administration of the branch
· Liaise with other branches and head office as issues arises
· Perform any other duties as may be assigned by the immediate supervisor from time to time
Skills, Knowledge and Abilities
· Business development
· Marketing skills
· Analytical skills
· Leadership skills
· Communication skills
· Interpersonal skills
· Problem solving skills
Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
Academic / Professional Qualifications
· Bachelor’s Degree in business management, marketing, economics, accounting, finance or any other related field
Working Experience Required
· A minimum of 3 years of working experience on the same role
Deadline for application is on 19th November 2022.
Note: Only successful applicants will be contacted.
Branch Manager Jobs Vacancies at I&M Bank Mwanza Tanzania 2024
Dear reader, do not be confused when you come across very different headlines about Jobs Vacancy at I&M Bank Tanzania The reader may find it confusing and think it is a different ad, The reason for having a different title for this ad is due to the presence of many bloggers in Tanzania and every blogger writes a title in his own words. You can find a title like this on popular blogs like Mabumbe jobs, Ajirayako jobs, Jobwikis jobs and Ajiraleo jobs
I&M Bank Tanzania Offers attractive salary to workers as a motivation for work, also covers Insurance. For those with bachelor degree have more advantage in wining this positions.
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