New 11 Careers Opportunities at NMB Bank PLC 2023

NMB Bank PLC is one of the leading banks in Tanzania, with a strong presence in the country’s financial sector. The bank offers a wide range of banking products and services to its customers, including savings accounts, loans, and investments

NMB Bank is always looking for talented and motivated individuals to join its team.

NMB Bank offers a competitive salary and benefits package to its employees, including:

• Salary: NMB Bank’s salaries are competitive with other banks in the Tanzanian market.
• Benefits: NMB Bank offers a comprehensive benefits package to its employees, including health insurance, life insurance, and retirement savings plans.

CBS Specialist (4 Position(s))  Careers Opportunities at NMB Bank PLC  [y]

Job Location : Head Office, Hq

Job Purpose:

Support and create interfaces for Core Banking Systems (CBS) and be responsible for resolving incidents at a Level 2 in the back-end Core Banking Application systems. Support End of Day (EOD) operators and coordinating Level 3 support issues for all back-end Core Banking Application systems with offshore support teams for proactive and active support

Main Responsibilities:

• Core Banking applications support at application layer.
• Responsible for Level 2 issues related to all core applications except the in-house developed applications
• Responsible for support of EOD/EOM batches.
• Responsible for User Acceptance Testing (UAT) Application changes.
• Support of day-by-day operations & performance of Core Banking System
• Manage efficient & effective running of End of Cycle (EOC) operations (EOD, EOM, EOY) to ensure CBS is available to users well on time.
• Creating and configuration of Systems interface, making sure that third party systems are able to interface with Core Banking Systems.
• Automating back-office Operations using third party systems through Core Banking system.
• Service Desk’s 2nd level technical support for CBS queries & incidents (Live, Data Warehousing, UAT, Report)
• Escalation to 3rd level support (CBS Vendor– Onsite & i-Support)
• Follow-up & feedback on incidents escalated to CBS vendor.
• Customer Call Centre’s 2nd level customer support for Core Banking Systems system related queries & incidents
• Log all CBS and EOC incidents encountered in the section to the Service Desk
• Provide updates and submit monthly reports to the Senior Manager.
• Attend weekly meetings with section staff to resolve issues and implement continual improvement actions.

Knowledge and Skills:

• Detailed understanding of the core application products setup
• ICT systems support knowledge and experience.
• Multi skilled in all areas of technology Flexcube, SWIFT, TACH, Opics, network, desktop support, etc.
• Team player that motivates and educates other team members.
• ICT Service Management skills
• Excellent communication skills with internal customers as well as with higher level support teams

Qualifications and Experience:

• Possession of at least a Bachelor’s degree in Computer Science; Information Technology; Computer Engineering
• ICT Service Management ITILv3 certification
• A minimum of five (5) years’ experience in ICT Core Banking support or Applications development.

NMB Bank Plc is committed to creating a diverse environment and is proud to be an equal opportunity employer

Only shortlisted candidates will be contacted.

Job closing date : 28-Jun-2023

APPLY HERE

Investor Relations Analyst (1 Position(s)) Careers Opportunities at NMB Bank PLC  [y]

Job Location : Head Office
Job Purpose:
Iimplement and manage a world-class investor relations program rooted in transparency, trust, and collaborative communication.

Main Responsibilities:

• Analyze critical information regarding financial, strategic, economic, and competitor developments and communicates this information to senior management, to the key business units, and the investing public. Consolidate and evaluate feedback from analysts, investors, and business media that may impact the bank’s performance and valuation.
• Assist in the preparation of the corporate kit, fact sheets and Q&A sheets for senior management and key business units.
• Communicate information through dissemination of press releases and disclosures to the investing public and the Investor Relations (IR) distribution list.
• Prepare presentations and other support materials used in the Annual Shareholders’ Meeting, Investor roadshows and conferences, and Planning conferences.
• Provide assistance in answering queries and surveys made by either internal (business units) or external (analysts, investors, regulators, media, clients) contacts.
• Assist the Head; Investor Relations in complying with regulatory requirements such as press releases and disclosures to DSE, CMSA, and Bank of Tanzania.
• Work with the Communications Unit, to maintain and improve relations and communications between the organization and the investing public, shareholders, and financial professionals to enhance the standing of the organization’s stock and debt.
• Assist the Head; Investor Relations in the preparation and timely completion of the Annual Report through the consolidation of inputs from all groups, verification of the viability of the information used, and the final editing of the content of the report.
• Provide analytical support for any “go to the market” initiatives the bank may choose to use for purposes of raising additional equity for the Bank to ensure full subscription; and
• Provide regular feedback to management and other stakeholders on investment/analyst community perceptions of the bank, concerns, and investment criteria.
• Build and improve relationships with the investing community by actively taking part in one-on-one meetings and correspondence with fund managers, credit and equity analysts, rating agencies, correspondent banks, and the business and financial media.
• Maintain and update the Investor Relations web page in the official bank website.
• Analyze and produce reports on the bank’s financial performance (with reference to the financial statements), and the performance in relation to the industry and the main competitors.
• Maintain the database of competitive information (financial and non-financial data of NMB Bank and peer banks) and use the same in coming up with regular reports and analysis.
• Assist in the preparation of data and materials for capital raising exercises (i.e., debt and equity raising).
• Perform ad hoc requests for senior management, internal and external clients especially related to the areas of Investor Relations, competitive monitoring, and analysis.
• Collaborate and participate in financial planning & reporting processes, quarterly earnings process, ESG disclosures and investor communications & targeting approach.
• Analyze our business fundamentals and analyze our investors to look for areas of improvement.
• To analyze ownership trends, shareholder engagement and key points of investor interaction.
• Periodically conduct macro-economic, competitor, and stock analysis.
• Assists the Head; Investor Relations in administrative responsibilities.

Knowledge and Skills:

• Sound knowledge of the Banking sector
• Ability to excel in a fast paced, time pressured environment.
• A solid understanding of the banking sector and Capital Markets along with their accompanying regulations.
• Ability to interact with senior officials of banks, capital markets, stock exchange, large/institutional investors, and the government.
• Strong command of MS Office applications, including Excel, PowerPoint, and Word.
• Strong data, analytical and organization skills
• Strong interpersonal skills and an excellent ability to communicate (written, verbally).
• Demonstrable problem-solving, quantitative, and analytical skills; strategic and creative thinking.

Qualifications and Experience:

• Bachelor’s degree or its equivalent in Economics/ Finance/ Accountancy/ Banking, Law or other related fields of studies.
• Must have at least 2 years’ experience in working in Finance/ Investment or related discipline.
• Experience working in Financial Markets.

Job closing date : 16-Jun-2023

CLICK HERE TO APPLY

Officer; HR Information System (Fixed Term – 2years) (1 Position(s)) 

Job Location : Head Office, Hq
Job Purpose:
Provide support to the Human Resource function in the areas of HR information system and perform maintenance of our HR systems and processes.

Main Responsibilities:

• Support system configurations, including data structure, workflows, user roles and permissions, and integrations with other systems.
• Provide end-user support, troubleshoot system issues, and collaborate with IT and vendors to resolve technical problems.
• Create user guides, and conduct training sessions to educate the HR team and end-users on system functionalities and best practices.
• Collaborate with the HR team to ensure data integrity and accuracy across HR systems, including data creation, validation, system audits, and regular data quality checks.
• Analyze HRIS systems, monitor performance, and resolve issues. The incumbent will also be required to assist the HR Support team.
• Perform statistical analysis on gathered data and run queries.
• Deliver reporting solutions by providing expert level consulting to identify and support HR and business reporting and data needs, initiate, and prioritize reporting tool enhancement and reporting solution specifications.
• Collaborate with subject matter experts across the HR service areas (learning and talent development, talent acquisition, governance, ER, HRSS and Business Partnering etc.) to promote data governance and stewardship, and to improve overall strategic and operational performance and insights.
• Provide support in maintaining employee data including access control to electronic data privacy.
• Support HR technology projects in process enhancement.

Knowledge and Skills:

• Advanced proficiency in database management and security, as well as running SQL queries.
• Conversant with HRIS systems
• Analytical skills
• Understanding of complex statistical concepts and output to non-experts in both a written and verbal manner
• Technical HR Systems Experience, Reporting tools, power point, Microsoft Word, MI Analysis, Advanced excel.
• Behavioral Building Positive Working Relationships, Communication, Contributing to Team Success, Formal Presentation, Planning & Organizing, and Quality Orientation, Strong attention to detail, intellectual curiosity, creativity and a proven work ethic.

Qualifications and Experience:

• Bachelor’s degree or its equivalent in Computer Science, Statistics, or related fields of studies from recognized higher learning institutions.
• At least1 year experience in managing Human Resources systems.
• Experience working with ARUTI system is preferred.

Job closing date : 21-Jun-2023

CLICK HERE TO APPLY

Relationship Manager; Mass Affluent  Careers Opportunities at NMB Bank PLC  [y]

Job Location : Head Office, Hq
Job Purpose:
To create new and manage existing relationships effectively to facilitate the growth of Affluent and Mass Affluent Liability and Asset portfolio within Private Banking.

Main Responsibilities:

• To grow the Affluent and Mass Affluent customer proposition through a focused market segment approach by creating effective relationships that maximize revenues and Asset growth.
• Establish relationships with key corporations to offer them financial solutions.
• To support in the launch of products, sales strategy, and campaigns to key segments for profitable and quality business.
• To grow Affluent and Mass Affluent portfolio through Scheme & Non-Scheme Lending
• To fully exploit the existing customer relationships to create new profitable business opportunities.
• Develop and manage strategic alliances and other third party introductory new business services.
• Source potential organizations and recommend their inclusion in the approved company list
• Advise the Business on companies which exhibit high risk policies and practices
• Understand market trends and forecast needs for products and services and deliver on time.
• Work closely with other functions to generate sales leads.
• Work closely with Wholesale Banking/Business Banking Relationship Managers in building relationships with companies
• Generate referrals and Market Intelligence from Wholesale Banking/Business Banking
• Support Client Acquisitions and relationships to achieve Retail objectives for Products (Liability & Asset sales) and Digital channel enrolment.
• Support the campaign concept and analyze campaign findings against proposals.
• Work with Product Managers in the development and execution of initiatives for the acquisition, retention, and growth of target customer base for liabilities & Assets.

Knowledge and Skills:

• Thorough knowledge of bank products, operations, regulations, and specific markets for Private banking clients
• In-depth knowledge of products, services, and delivery channels available to various companies
• Strong analytical, problem-solving skills, decision making and financial management skills.
• Ability to identify need for change and to drive the desired changes; Adaptable and flexible in anticipating and realizing marketing opportunities.
• Excellent interpersonal and networking skills, internally and externally.
• Excellent writing and presentation skills.
• Ability to develop and implement MIS

Qualifications and Experience:

• At least 3 years’ minimum experience in handling private scheme recruitment in financial services.
• University Graduate/Advanced diploma/ in business related studies
• Experience in Sales or Relationship management.
• Experience in project management is desirable.
• Experience in business credit and trade services is essential.

Job closing date : 23-Jun-2023

CLICK HERE TO APPLY

Senior Credit Analyst (3 Position(s)) Careers Opportunities at NMB Bank PLC  [y]

Job Location : Head Office
Job Purpose:
Timely and quality assessment of proposals for credit facilities (new and/or existing) based on sound credit & financial principles with the view of providing expert opinion to the approving authorities for them make informed decision /judgement.

Main Responsibilities:

• Provide direct (specialist/ professional) credit assessment and evaluation to whether a credit proposal meets criteria and counter-party credit risk falls within acceptable parameters, and independently recommend appropriate credit proposal including terms or conditions where necessary to ring fence exposure in the following but not limited to staff loans, Wholesale, Mortgage loans, MSME, Consumer, Agribusiness, structured Trade facilities.
• Attend and present papers to Retail Credit Committee and Wholesale Credit Committee meetings.
• Prepare and present various credit reports as will be required to various committees.
• Interrogate information obtained to gain a thorough understanding of business parameters, which creates profit/value as well as the associated risks.
• Identify, quantify, and evaluate sources of risks of credit portfolio or individual client and where possible, provide mitigations.
• Provide technical support to other Credit Analysts / Officers, Relationship Officers (ROs)/Relationship Managers (RMs) including coaching to improve quality of the credit proposals recommended for approval.
• Appropriately structure a deal in line with the purpose and cash inflows.
• Review and approve applications up to TZS 50Million submitted to Credit.
• Review applications reviewed by Credit Analysts before submission for approvals.
• Adhere to agreed TAT and CREDCO (Retail and Wholesale) calendars without necessarily compromising with quality of the credit proposals / decisions.
• Attend CREDCO meetings (Wholesale and Retail) held on a weekly basis and provide sound Credit & financial principles opinions to approving authorities for final decision.
• Attend other Credit related meetings from Zones and other business units
• Review credit policy and related manuals and update where necessary.
• Be able to defend own judgement in a manner which does not negatively affect the business relationship.
• Utilize industry and market information available to identify and understand contextual threats to existing and potential clients.
• Build a smooth working relationship with business counterparty at Head Office and branches to improve quality of business proposals and turnaround time on credit evaluations.
• Detect and evaluate shifts or changes in key risk parameters in a business relationship or industry and evaluates the implications of such changes on continued business dealings.
• Work closely with the Credit Risk department members to comply with Risk and Control Assessment (RCA) testing and other quarterly reviews as per BOT requirements.
• Take and/or recommend remedial /appropriate actions for deteriorating exposure identified during review process;
• Leadership roles – mentor, guide and monitor Credit Analysts for timely and quality assessments and evaluation of propositions submitted (new/existing)
• Keep track records of all incoming and outgoing credit applications/memos etc.
• Respond to all audit and BoT queries when need be.

Knowledge and Skills:

• Business understanding of various industry sector Government/ Parastatals, manufacturing, wholesale, Agribusiness, and retail.
• Excellent understanding of credit and associated risks.
• Proven interpersonal skills in a Business or Credit environment.
• Knowledge of Bank Credit Products
• Detailed knowledge of credit analysis techniques
• Analytical and numerate
• Communications and presentation skills
• Negotiation skills

Qualifications and Experience:

• Bachelor’s degree or its equivalent in Commerce/ Economics /Finance/Business or other related fields.
• At least 5 years’ work experience in credit analysis both corporate and SME credit applications including but not limited to Agri, trade finance, project financing etc.

Job closing date : 28-Jun-2023

CLICK HERE TO APPLY

Senior Manager; Investor Relations Careers Opportunities at NMB Bank PLC  [y]

Job Location : Head Office
Job Purpose:
Responsible for executing the bank’s Investor Relations (IR) program and carrying-out the full breadth of IR responsibilities, including shaping and defining the IR strategy, conducting financial analysis, delivering reliable communication to shareholders in an effort to increase the company’s value and visibility, monitoring and presenting relevant investor feedback regarding the bank’s performance to senior leadership to inform strategic decision-making.

Main Responsibilities:

Investor Relations Framework and Strategic Planning

• Develop all the appropriate policies and guidelines for the function into a “best-in-class” function.
• Develop and define the IR strategy and support the execution of the annual operating plan (IR calendar).
• Plan for and lead any “go to the market” initiatives the Bank may choose to use for purposes of raising additional equity/funding for the Bank.Financial Analysis and briefs
• Analyze financial data.
• Lead financial analyst briefings.
• Publish reports.Relationship Management of Broader Investment Community
• Identify, cultivate, and manage existing and potential buy-side and sell-side relationships including with Analysts, Credit rating agencies, and investors to effectively articulate the bank’s growth strategy and unique investment proposition in order to positively influence the market perception of the bank.
• Engage with investors, analysts, and other key stakeholders through regular calls, road shows, and attendance at investor conferences and meetings (domestically and internationally) to keep the investment community abreast of the bank’s performance and key strategic developments.
• Serve as co-key-point-of-contact to investors, research analysts, and credit rating agencies through day-to-day management/handling of queries.Communication and Disclosure
• Create value-driving messages to clearly and accurately communicate the bank’s unique investment value proposition to the broader investment community and stakeholders in order to enhance relations.
• Ensure consistency in the bank’s external investor communications and disclosures by appropriately shaping and leading the bank’s performance narrative for quarterly results calls presentations, investor presentations, press releases, announcements, call scripts and talking points, Annual Report, Investor Relations website, and other documents relevant to the broader investment community.
• Develop internal and external executive reporting documents including for board, investor monitoring requirements, and other relevant management presentations.
• Support senior management with research and information requested for their reports and presentations.Monitoring the Market
• Provide regular feedback to the bank’s senior management and other key stakeholders on investment/analyst community perceptions and sentiments of the bank, key market developments, and any relevant concerns.
• Monitor analyst reports and summarize them for senior management.
• Evaluate NMB and relevant competitors from an investment and strategic perspective, examining both quantitative and qualitative factors.

Knowledge and Skills:

• Ability to excel in a fast paced, time pressured environment.
• A solid understanding of the banking sector and Capital Markets along with their accompanying regulations.
• Ability to interact with senior officials of banks, capital markets, stock exchange, large/institutional investors, and the government.
• Demonstrated leadership capabilities, including ability to organize and manage human resources from diverse backgrounds to attain goals.
• Strong command of MS Office applications, including Excel, PowerPoint, and Word.
• Strong Analytical skills
• Strong interpersonal skills and an excellent ability to communicate (written, verbally).
• Demonstrable problem-solving, quantitative, and analytical skills; strategic and creative thinking.

Qualifications and Experience:

• Bachelor’s degree or its equivalent in Economics, Business Administration, Law, Finance, Accounting or other related fields of studies.
• At least 5 years’ experience in Investment analysis and management, Research, Planning, Strategy, or related experience in a large organization.
• At least 3 years of leadership experience

Job closing date : 16-Jun-2023

CLICK HERE TO APPLY

NMB Bank is committed to providing its employees with a positive work environment. The bank offers a number of initiatives to promote employee health and well-being, including:

• A wellness program: The wellness program provides employees with access to health screenings, fitness classes, and other resources to help them stay healthy.
• A flexible work schedule: NMB Bank offers a flexible work schedule that allows employees to work from home or adjust their work hours as needed.
• A stress management program: The stress management program provides employees with resources to help them manage stress and improve their overall well-being.

NMB Bank is also committed to diversity and inclusion. The bank believes that a diverse workforce is a more innovative and productive workforce. NMB Bank offers a number of initiatives to promote diversity and inclusion, including:

• A mentorship program: The mentorship program pairs employees with mentors from different backgrounds to help them learn and grow in their careers.
• A training program: The training program provides employees with opportunities to learn new skills and develop their careers.
• An employee resource group: The employee resource group is a forum for employees to connect with each other and share their experiences.

NMB Bank is a great place to work for anyone who is looking for a challenging and rewarding career in a positive and diverse work environment.