Chief Executive Officer at Tanzania Commercial Bank


Chief Executive Officer at Tanzania Commercial Bank


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Job Overview




Chief Executive Officer 

EMPLOYER: Tanzania Commercial Bank
APPLICATION TIMELINE: 2022-08-24 2022-09-13

DUTIES AND RESPONSIBILITIES

i.Coordinating the supervision of the activities of the bank and ensuring that they comply with country laws, BOT regulations and Guidelines, internal policies and procedures, Board directives and generally accepted banking practices;

ii.Managing the day to day operations of the bank so as to ensure that the bank operates within sound commercial principles;

iii.Leading the management team in supervising the implementation of the Bank’s Strategic Plan and ensuring that the targets set therein are achieved;

iv.Ensuring the Annual Business Plan is prepared and submitted to the Board of Directors for approval and the operations of the bank are in conformity with approved business plan;

v.Ensuring that the annual budgets are prepared and submitted to the Board of Directors for approval for every ensuing year and that the bank operations are conducted within the approved budget;

vi.Ensuring the bank performance reports including progress reports on the financial performance and staff development are prepared and submitted to the Board of Directors quarterly;

vii.Ensuring the financial accounts of the bank are audited every year and reports submitted to the Board of Directors in accordance requirements of the law;

viii.Ensuring various Policies and Programs for management of operational risks, credit risks, liquidity risks, foreign exchange risks and any other inherent risks are put in place and implemented accordingly;

ix.Supervising recruitment, performance evaluation, promotion or disciplining of employees whose recruitment are within the powers of Management;

x. Monitoring the effectiveness of the Organization Structure of the bank and proposing to the Board of Directors changes when deemed necessary;

xi.Building effective working relationship with Government leaders, Regulatory Bodies and Business Partners in the market;

xii.Motivating, coaching and developing high performance teams; and

xiii.Undertaking any other duties that may arise as assigned by the Board of Directors or as result of government policy and strategic directions.

QUALIFICATION AND EXPERIENCE

Master’s Degree in the following fields: – Business Administration, Finance, Accounting, Banking, Economics, Marketing, Law or Entrepreneurship from a recognised Institution. Holding a PhD in any of the above fields will be an added advantage.

REMUNERATION AS PER ORGANIZATION SALARY SCALE

The deadline for submitting the application is 13 September 2022.

CLICK HERE TO APPLY

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Tanzania Commercial Bank 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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    […] The CFO is responsible for timely provision of relevant and reliable financial information to stakeholders. He ensures that adequate control systems and processes are in place to secure the assets of the organization and efficiently implement the financial policies/procedures of the Company in line with generally accepted accounting policies. He is to: […]

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