Tanzania Agricultural Development Bank Limited (TADB) is a Government Institution established under the Companies Act, 2002 and licensed under the provisions of the Banking and Financial Institutions Act No 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012.
The bank has the following key objectives:
- To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
- To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
- To be an important player in the implementation of the Government’s development vision, policies and programmes, including but not limited to the Tanzania Development Vision 2015, Agricultural Sector Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial Sector Reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA), and Zanzibar Strategy for Growth and Reduction of Poverty (MKUZA);
- To build on existing Agro-financing activities through provision of short, medium and long-term facilities to the following: smallholder farmers’groups, savings and credit cooperative societies (SACCOS), community banks, commercial banks and microfinance institutions (MFIs) that are active in lending to the agricultural sector;
- To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional Administration as well as the numerous players active in this sector;
- To assist the Government in implementing its policies on enhancing financial inclusion and economic empowerment in the rural areas.
3 Job Vacancies At Tanzania Agricultural Development Bank Limited (TADB)
The TADB is hereby inviting applications from suitably qualified candidate to fill the following vacancies:
JOB TITLE: PRINCIPAL INSURANCE OFFICER -1 Vacancy, DSM Nature and scope:
Reporting to the Business Development Manager, the Principal Insurance Officer will be responsible for delivery of Bancassurance business performance through effective business development, excellent customer service and execution of operational Bancassurance services to the Banks’customers.
Key Responsibilities;
- Drive sustainable growth of the portfolio in order to achieve the set business target.
- Effectively create new client relationships and partnerships whilst ensuring retention of existing business relationships through high standards of customer service.
- Execution of day to day Insurance operations entailing cross-selling of insurance products, posting of risk details, claims administration and documentation as well as follow up on renewals.
- Maintain accurate records and reports on insurance transactions.
- Champion the delivery of consistent, seamless and trusted customer service to ensure customer retention and loyalty.
- Ensure customer enquiries are resolved promptly as per laid down policies and procedures.
- Collection of premium on all insurance business transacted at the assigned Branch as per laid down procedures.
- Champion Insurance products training across the Bank by working closely with zones to sensitize customers on insurance products. Develop and implement Insurance Sales activation programs in conjuction with Zonal Offices.
- Ensure compliance to the Bank’s policies, procedures and regulatory requirements.
- Carry out any other duties assigned by your Line Manager/Supervisor.
Qualifications, Knowledge, Experience:
- Graduate qualification in Insurance, Banking, Finance or related field. Professional accreditation in Bancassurance will be an added advantage.
- Minimum of 5 years relevant experience, of which three must be in a senior level in reputable company or financial institution.Strong client focus ability and external orientation with the ability to understand client needs and stay abreast of macro-economic trends.
- High strategic, consultative and solution orientation with the ability to assess client needs at a relationship level and to package the banks products in response.
- Strong working knowledge of processes and practices pertaining to Agriculture financing deals.
- Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
- Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
- Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
- High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
- Carry out any other duties assigned by your Line Manager/Supervisor.
REMUNERATION
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
JOB TITLE: BUSINESS DEVELOPMENT MANAGER -1 Vacancy,
DSM Nature and scope:
Reporting to the Director of Comercial Development & Structured Investment,the Business Development Manager has overall responsibility for overseeing the business expansion plans in accordance with the approved strategic plan of the Bank from time to time.
Key Responsibilities;
- To desing and provide financial solutions (debt and structured financial products) to the wide range of the bank’s customers which includes large-, medium- and smallholder famers) either directly or through other Banks’s partners/networks.
- To offer tailored value chain financing client solutions and products to enhance and meet the needs of target segments in collaboration with other departments (strategy and advisory)
- Implementation of strategic delivery roadmaps to enable the realization of the desired commercial and social outcomes/impact.
- Work with other division (risk & portfolio management) to ensure an optimal and compliant control environment that appropriately balances risk appetites and customer demand with the need to grow to achieve the desired impact, financial ambitions and balance sheet aspirations of the Bank.
- To aggressively offer customers with bank’s agri-business through contact with corporate customers, government and quasi-government bodies, high net-worth individuals and other prospective clients.
- In corroboration with resource’s mobilization division and in line with client and product mix, develop a coordinated stakeholders mapping and engage model for a blended and tailored financial and non-financial resources mobilization.
- To properly superve and monitoring of projects under implementation.
- To implement business impact evaluation framework and benchmarks pursuant to the bank’s development mandate.
- To maintain good corporate and customer relationships ensuring best customer service.
- Carry out any other duties assigned by your Line Manager/Supervisor.
Qualifications, Knowledge, Experience:
- Master’s Degree/Postgraduate qualifications in Business Administration, Banking, Economics, Agriculture, Finance or Marketing or related discipline from internationally recognized institution.
- Minimum of 8 years relevant experience, of which four (4) must be in a senior level in reputable company or financial institution. Knowledge of agricultural finance product and able to demonstrate good credit acumen to identify and mitigate financing risks.
- Able to present in-depth recommendations and insights on prospects’ positions in terms of risk and credit worthiness.
- Understand the business life cycle of TADB prospects and existing customers to be an advisor who can actively cross-sell products to support TADBs’ growth.
- Exceptional communication and presentation skills, and ability to express technical and nontechnical concepts clearly and concisely. Ability to innovate new ways the product can serve TADB customers.
- Keen interest in and understanding of financial markets and Innate drive to succeed and take initiatives.
- Excellent organizational skills to meet TADB goals and set priorities.
REMUNERATION
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.
JOB TITLE: RESOURCE MOBILIZATION MANAGER -1 Vacancy – DSM
Nature and Scope
Reporting to the Director of Finance, the Resource Mobilization Manager will be responsible for development of resource mobilization strategy; has direct responsibility for executing plan of action and negotiate partnership agreement with corporates, private trusts and other funders. He/She is also responsible for management of all funds received from the Government, its Departments and Agencies and other stakeholders for development activities as per applicable agency agreements
Key responsibilities;
- To establish and maintain short-term, medium-term and long-term cash availability.
- To manage all aspects of investment portfolio, investment strategies and perform financial modeling.
- To conduct stress testing modeling and what-if analyses to simulate liquidity disruptions.
- Perform analysis required to estimate the liquidity impact to bank and adding new products and currencies into its settlement service.
- To develop and monitor treasury operations policies, activities and processes.
- To assist in monitoring local and international markets to ensure smart investment decisions.
- To identify and pursue business opportunities for investment and profit generation.
- To implement procedures and controls to ensure compliance with the country’s treasury regulations, policies and procedures.
- To work with Risk and Compliance Department to predict and mitigate risks on investments.
- To review and recommend changes on investment policies based on market conditions.
- To effectively administer all resources allocated to the Department, including offering technical and operational support to staff members in the Department.
- To maintain good working relationships with other divisions, departments and units as well as external stakeholders.
- To undertake any other duties as assigned by the Director of Treasury and Funding from time to time.
Qualifications, Knowledge, Experience:
- Graduate qualifications in Business Administration, Finance, Accounting, Banking or related discipline. Master’s degree/MBA/Professional accreditation will be an added advantage.
- Minimum of 6 years relevant experience, of which three must be in a senior level in reputable company or financial institution.
- Corporate Funding Ability: Have a strong ability to apply corporate finance and funding techniques from first principles to complex and unusual situations.
- Startegic Planning: Developing and implementing sustainable business strategies.
- Strong negotiation skills: Negotiate funding arrangements including corporate credit facilities, public and private financing arrangements and minimize total cost of funds.
- Partnering and collaboration: Lead cross-functional business initiatives and encourage team to cultivate relationships across the business.
- Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
- Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
- Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
- High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment
- Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
- Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.
- Carry out any other duties assigned by your Line Manager/Supervisor.
REMUNERATION
Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment
MODE OF APPLICATION AND DEADLINE
Job applicants are required to apply for these employment opportunities through this email, [email protected] Please note: applicants are required to attach the following to their respective application.
Application letter showing how they meet the requirements of the position;
- An up-to-date Curriculum Vitae;
- Contacts stating name in full, physical address, telephone numbers and e-mail addresses of the candidate;
- Certified copies of relevant certificates
- Names and full contacts of three (3) referees.
Closing date: Applications should reach the undersigned not later than 4.00 pm on Friday, 1 st September 2020.