Monday, 23 April 2018

Chief Manager Treasury & Business Development Job at DCB Commercial Bank Plc | Deadline 27th April 2018

  AjiraLeo Tanzania       Monday, 23 April 2018
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AJIRALEO
NAFASI ZA KAZI/AJIRA DCB COMMERCIAL BANK TANZANIA
CHIEF MANAGER TREASURY & BUSINESS DEVELOPMENT 
The Chief Manager Treasury & Business Development will manage the Bank's treasury and business development activities, to mobilize funds and diversify sources for the bank to achieve an acceptable rate of return on the capital of the Bank. In addition, the Chief Manager Treasury shall take leadership in Liquidity Management through soliciting funds to meet obligations including maturing FDR and cash withdrawals for smooth banking operations of branches. The person is also expected to oversee the Investment portfolio, including preparation of investment proposals for ALCO members to approve before committing funds to debt securities. Other than that, the candidate is expected to monitor and ensure compliance with all regulatory requirements on a day to day basis.

Duties and Responsibilities: 
• Develops, implements and manages the bank's treasury policy 
• Develops and implement the Asset and liability, Liquidity Risk and maturity Risk management programmes.
• Measures, monitors and controls of interest rate risk (IRR)
 Maintains records of receipts and disbursement of funds and orders received from departments and branches and implement them in accordance with the banks policies and procedures. 
• Determines the bank's cash and liquidity position for the purpose of assessing the ability of the bank to readily access the cash needed for funding its business activities and meet obligations as they fall due. 
• Monitors the bank's cash and liquidity position and ensure that ·the treasury risk limits and statutory reserve requirements and adhered to on daily basis. 
• Monitors the interest rates on daily basis to ensure the rates are consistent with bank policies. 
• Manages wholesale transactions to ensure that authorized transactions are acted upon on a timely manner. 

Core Competencies: 
• Writing and reporting skills 
• Analytical skills 
• Planning and organizing skills 
• Delivering results timely and meeting customer expectations 
• Entrepreneurial and commercial acumen 

To be considered for this position you must meet the following criteria:
• Holder of a degree in Finance, Economics, Business Administration or equivalent plus a post graduate degree in Banking, Finance, Economics, Accounting or equivalent qualifications from recognized institutions. Possession of a CPA (T) qualification will be an added advantage. 
• A minimum of 5 years experience on Bank Treasury Management as well as proven management and administrative experience at senior management position in a reputable banking. 
• Tangible knowledge of Microsoft Office Application, specifically Excel and Word. 
• Strong interpersonal and communication skills.

Applications should be sent to the following address: 

The Managing Director 
DCB Commercial Bank 
PLC DCB House - Magomeni Mwembechai 
Morogoro Road 
P.O. Box 19798- DAR ES SALAAM
Closing Date: Deadline for submission of applications: 27th April 2018.
Only short listed candidates will be contacted. 
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