| Exim Bank Tanzania |
Jobs in Tanzania 2023: New Job Vacancies at Exim Bank Tanzania 2023
💥UNASUBIRI NINI? FOLLOW US ON INSTAGRAM. CLICK HERE!💥
Exim Bank Tanzania Jobs, 2023
Project Analyst
Project Analyst at Exim Bank September, 2023
1. PURPOSE OF JOB
The overall purpose of the role is to understand the business need (business problem or opportunity) and provide business analysis support to ensure that project requirements both functional and non-functional are well captured, articulated, validated, and effectively communicated to relevant stakeholders. The PA will work with assigned Project Manager to ensure the recommended product scope / solution scope and the corresponding quality objectives are feasible and incorporated in the overall project scope to address the business need at hand.
Recommended:
2. PRINCIPLE ACCOUNTABILITIES
2.1 RESPONSIBILITIES
• Support the manager in preparing business analysis plan including SLAs based on the project size
• Aid in defining project requirements which entails gathering, analysis, documentation and validation of user and business requirements from a diverse group of stakeholders
• Collaborating with the manager to review and provide recommendations to Project Owner on any changes to business, functional & non-functional and operational requirements.
• Define solution / product quality metrices along with requirement owner and ensure the acceptance criteria are established
• Collaborating with the manager to partake in the solution design process and re-engineering efforts and obtain necessary approvals from the requirement owner prior to project initiation
• Work with the manager to support procurement team in the preparation of Request for Proposal (RFP) by documenting a Detailed Business Requirement Document (BRD)
• Participate in the RFP management by managing RFP queries and clarifications related to business, functional, non-functional, and operational requirements to selected vendors
• Assist in evaluation of RFP responses based on evaluation framework & identified parameters
• Work collaboratively with product owners and vendors to devise User Acceptance Testing (UAT) strategy and execution plan for designated projects, and ensure relevant test scenarios, test cases and scripts are in place prior to UAT
• Supporting the manager with overseeing UAT execution and defects management.
• Preparing, reviewing, and maintaining project documentation and reports
• Prepare and discuss the status report with Project Manager for overall project assessment & provide the progress report to Project Owner & Steering Committee
2.2 FINANCIAL RESPONSIBILITIES
• Support the manager to perform investment appraisal and assist project owner to develop business case & benefit realization plan
2.3 INDEPENDENT DECISIONS
• Able to manage sensitive and sometimes confidential information.
• Self-motivated and able to take responsibility.
• Flexible attitude.
• Able to build good relationships at all levels, internally and externally.
2.3 INDEPENDENT DECISIONS
INTERNAL: Owners of the projects, Management, and all other stakeholders
EXTERNAL: Vendors
3 QUALIFICATION
• Minimum Bachelor’s Degree in Business Administration, Accounting, Finance, Project, or a related field
• Sound business analysis background and practical application in a large corporate setting preferably within the Banking sector with a minimum of 3 years
• At least 1 years’ experience in business process design and re-engineering
• Proficiency in Microsoft Office applications (Word, Excel, Outlook, MS Project, PowerPoint, OneDrive)
• Business Analysis Certification e.g., CBAP, CBPP, PMI-PBA or any other equivalent qualification is an added advantage
4 QUALITIES
• Attentive to detail and self-driven individual
• Strong analytical and problem-solving skills
• Ability to proactively identify risks related to proposed solution / product and timely define risk mitigants
• Report writing and presentation skills
• Good coaching and training skills
• Stakeholder Management
• People management skills
• Excellent planning, organization, and multitasking skills
• Ability to effectively prioritize and execute tasks in a high-pressure environment
5. OTHER
• Carry out work in accordance to with bank procedures
• Perform the assigned tasks with due diligence
• Eliminate waste of whatever form, suggest the use of new practice, and contribute to the continuous improvement of the bank.
Regulatory Affairs & Compliance Monitoring Officer
Regulatory Affairs & Compliance Monitoring Officer at Exim Bank September, 2023
1. PURPOSE OF JOB
• Provide regulatory compliance expertise and guidance in an advisory capacity to business stakeholders in support of strategic initiatives and management of compliance risk.
• Provide compliance advice and risk stewardship to function business to ensure that appropriate compliance programs, policies, procedures, and other controls are in place and operating effectively and satisfy supervisory obligations and regulatory expectations.
• To identify and assess the compliance risks associated with the bank’s current and proposed future business activities, including new
products, new business relationships and any extension of operations or network.
2. KEY ROLE AND RESPONSIBILITIES
• Develop a comprehensive understanding of the business model, strategy, and product and services to provide substantive oversight, support, and challenge to enable sustainable business growth.
• Build and maintain an effective and constructive relationship with business and Support functions stakeholders that is based on trust, capability, and integrity, providing timely, responsive, and quality compliance related advice and guidance to enable the bank to meet its strategic objectives.
• Provide advice, analysis (and challenge when appropriate) to the business and functional department, including product design, new business initiatives, projects, remedial activities, and transactional advice.
• Provide robust challenge to all relevant business and Support functions stakeholders where activities are outside of risk tolerance / appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance / appetite.
• Provide timely advice to the business and Support functions to ensure compliance with all relevant laws, regulations and internal policies (including those relating to AML and KYC/CDD) and support the transition to proactive and pre-emptive compliance risk mitigations.
• Provide support and challenge to the business and Support functions stakeholders to ensure that they establish and monitor appropriate processes for compliance with the bank’s policies and procedures.
• Proactively monitor regulatory developments to manage the regulatory impact on the business and Support functions and its operations and flagging any potential hotspots and risks.
• Review business responses and Support functions to regulatory feedback to ensure compliance issues raised in feedback are appropriately responded to and necessary corrective actions are initiated.
• Provide oversight and challenge to Customers’ Complaint Handling Process to enhance customer experience. Oversee resolution of material complaints to ensure appropriate closure.
• Proactively look for ways to improve the business and Support functions control environment by considering what could go wrong in the processes you and how errors could be prevented.
• Identify and assess sources of compliance risks in the bank and ensure that system and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels.
• Maintain adequate management MI / trackers across all aspects of compliance coverage and responsibility to ensure all issues and matters relating to the banking business are tracked, followed, regularly assessed, and reported on, including oversight of risk acceptance and /or mitigating action plans, identification, and management of high-risk clients.
• Analyze and interpret data to produce reports that help the bank to identify and manage emerging areas of risk / vulnerability and thus drive the relevant remediation actions.
• Anticipate horizon compliance risks that may have a significant business impact and develop effective strategies to mitigate such horizon risks.
• Propose control effectiveness and efficiency improvements and simplifications where appropriate.
• Work with business and Support functions stakeholders to assess risks arising from products, segments, geographies, customers, and transactions.
• Provide reports to the relevant business risk and control committees and management teams on key compliance risks and issues pertaining to the bank business.
• Support the development and implementation of compliance programs with a focus on refining existing compliance programs and development of new programs in response to evolving regulatory, legal, and business requirements.
• Perform research and prepare summaries of legislation/regulation for issuance to internal operational and functional and business department.
• Preparation of corporate reports and documents to various regulatory authorities.
• Provide support to key regulatory change programs and projects across the bank.
• Maintain workplans specific to regulatory projects / initiatives and communicate the same to stakeholders in a regular and timely fashion to inform and seek inputs.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is a norm.
• Any other duties assigned from upper authority.
3 COMPETENCIES
• Good understanding and appreciation of compliance risk management practices.
• Good understanding of current and anticipated regulatory requirements and supervisory expectations.
• Strong analytical skills and confidence in interrogating data, processes, and interviewing stakeholders.
• Able to interpret and communicate clearly to the business the application of relevant rules and regulations.
• Sharp business acumen, including the ability to assess risks.
• Excellent oral and written communication skills – ability to present complex information clearly and concisely.
• Self-empowered to enable development of open communication, teamwork and trust that is needed to support true performance and customer service-oriented culture.
• Personal authority, integrity, and ethics, with proven ability to establish relationships and exert influence at senior levels.
• Proactive and creative approach to work, self-motivated and pragmatic.
• Exposure in effective risk management and ability to promote strong risk management culture.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 - 2019. CLICK HERE!
4 QUALIFICATION AND SKILLS
• Bachelor’s degree from a reputable university preferably in Law, Economics, Finance, Risk Management, or related discipline.
• Bachelor’s degree or its equivalent in Law/Banking/Economics/Finance or related qualifications
• Any additional relevant compliance related professional certifications will be an added advantage.
• At least 5 years of banking experience in Compliance, Risk management, Governance, Audit, or any other related fields.
• Experience in designing and implementing Compliance programs, policies, and procedures that will ensure compliance with local and international standards and best practices.
5 OTHER
• Carry out work in accordance with the bank’s procedures.
• Perform the assigned tasks with due diligence.
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
Compliance Monitoring and Training Officer
Compliance Monitoring and Training Officer at Exim Bank September, 2023
1. PURPOSE OF JOB
Support to implement the bank’s AML Monitoring strategies and goals across the bank, providing guidance on the program. Ensure Bank has relevant, up to date and adequate policies, procedures, processes, and strong controls to support management of Financial Crime Compliance (FCC) Risks; FCC risks include Money Laundering, Terrorism Financing, Sanctions, and Anti-Bribery & Corruptions Risks.
2. KEY ROLE AND RESPONSIBILITIES
• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
• Support the Financial Crime Compliance Manager on developing annual conformance testing schedule across relevant business units. Conduct conformance reviews of the Bank’s AML, ABC and Sanctions Compliance programs.
• Participating in annual Financial Crime Risk Assessments – play a key role in the assessment through all stages and provide timely updates to Financial Crime Compliance Manager on results of the risk assessments.
• Review new products and services to ensure appropriate consideration of key AML/CFT and Sanctions compliance risks are identified and plan for mitigation are in place.
• Support the Financial Crime Compliance Manager on implementing and coordinating FCC Risk Management Processes while challenging the First Line of Defence (FLoD) on the effectiveness of controls.
• Consistent with AML regulations and policy recommend De-Risking Initiatives to management based on increased Customer’s or Product Risks
Profile against established Bank’s AML Risk Appetite.
• Design Risk Based Financial Crime Compliance Trainings and ensure training requirements are implemented across the bank by all staff.
• Support business to understand AML/KYC requirements, consistent with AML regulations and Exim AML Policy.
• Assist in identifying systemic procedural weaknesses and additional training requirements for the Bank.
• As an AML subject matter expert provide direction and guidance to employees on appropriate remediation action for high-risk accounts.
• Support the Manager Financial Crime Compliance on the day-to-day compliance oversight efforts of the AML/KYC Compliance Programs.
• Timely execution of instructions received from higher authority.
• Support Business on Performing customer & correspondent Banks due diligence and recommend appropriate risk-based actions to be taken concerning customer relationship during on boarding and on periodic basis.
• Assist with money laundering related queries/questionnaires received from correspondents Banks.
• Advise management on current issues regarding correspondent banking.
• Investigate, review, and resolve AML related and economic sanction related alerts.
• Assist in the development of in-person AML /Sanctions Compliance Training for new employees.
• Prepare weekly, bi-weekly, monthly, and quarterly reports to Financial Crime Manager.
• Ensure AML tools, systems are properly working.
• Take part in planning executing and monitoring activities associated with compliance issues/matters.
• Support the development and implementation of compliance programs with a focus on refining existing compliance programs and development of new programs in response to evolving regulatory, legal, and business requirements.
• Support and advice line manager on strategies for continuous improvement of the compliance function, including seeking best practices through internal assessments, external benchmarking and networking with peer groups and trade associations; establishing or participating in professional organizations or associations of regulatory/legislative compliance professionals.
• Perform research and prepare summaries of legislation/regulation for issuance to internal operational and functional constituencies.
• Preparation of corporate reports and documents to various regulatory authorities.
• Any other duties assigned from upper authority.
3 COMPETENCIES
• A good understanding of the market dynamics and customer attributes.
• Analyzing, planning, organizing, Learning & Researching.
• Achieving Personal Work Goals and Objectives.
• Entrepreneurial and business acumen.
• Knowledge of regulatory framework within a banking environment.
• Ability to professionally interact with external and internal stakeholders.
• Ability to work independently or as a part of a team.
• Ability to accommodate operational and functional ambiguity and charge.
• Proven ability to influence others and to achieve tangible business result while incorporating compliance processes, systems and resources into all aspects of corporate operations.
Recommended:
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
4 QUALIFICATION AND SKILLS
• Bachelor’s degree from a reputable university preferably in Law, Economics, Finance, Risk Management, or related discipline.
• Minimum of 4 years of experience in the banking industry or regulatory environment in AML/CFT and Sanctions compliance and Audit.
• Experience in Risk and Operations Management, together with business management, from a frontline role in Commercial Banking.
• Holder of ACAMS Certifications (CAMS or Certified Global Sanctions Specialist) or intention to be certified within six months of employment.
• Strong passion and understanding of corporate governance and regulatory environment.
• Excellent communication and interpersonal skills, with experience of dealing with executives at all levels including the capacity to articulate the case for risk management and policy in the language of business.
5 OTHER
• Carry out work in accordance with the bank’s procedures.
• Perform the assigned tasks with due diligence.
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
Application deadline:- 24th September, 2023.
Applications are to be sent with the subject being title of job you are applying for, example: Digital Implementation and Support Officer.
NB: Only short – listed candidates will be contacted
Project Analyst at Exim Bank September, 2023
1. PURPOSE OF JOB
The overall purpose of the role is to understand the business need (business problem or opportunity) and provide business analysis support to ensure that project requirements both functional and non-functional are well captured, articulated, validated, and effectively communicated to relevant stakeholders. The PA will work with assigned Project Manager to ensure the recommended product scope / solution scope and the corresponding quality objectives are feasible and incorporated in the overall project scope to address the business need at hand.
Recommended:
2. PRINCIPLE ACCOUNTABILITIES
2.1 RESPONSIBILITIES
• Support the manager in preparing business analysis plan including SLAs based on the project size
• Aid in defining project requirements which entails gathering, analysis, documentation and validation of user and business requirements from a diverse group of stakeholders
• Collaborating with the manager to review and provide recommendations to Project Owner on any changes to business, functional & non-functional and operational requirements.
• Define solution / product quality metrices along with requirement owner and ensure the acceptance criteria are established
• Collaborating with the manager to partake in the solution design process and re-engineering efforts and obtain necessary approvals from the requirement owner prior to project initiation
• Work with the manager to support procurement team in the preparation of Request for Proposal (RFP) by documenting a Detailed Business Requirement Document (BRD)
• Participate in the RFP management by managing RFP queries and clarifications related to business, functional, non-functional, and operational requirements to selected vendors
• Assist in evaluation of RFP responses based on evaluation framework & identified parameters
• Work collaboratively with product owners and vendors to devise User Acceptance Testing (UAT) strategy and execution plan for designated projects, and ensure relevant test scenarios, test cases and scripts are in place prior to UAT
• Supporting the manager with overseeing UAT execution and defects management.
• Preparing, reviewing, and maintaining project documentation and reports
• Prepare and discuss the status report with Project Manager for overall project assessment & provide the progress report to Project Owner & Steering Committee
2.2 FINANCIAL RESPONSIBILITIES
• Support the manager to perform investment appraisal and assist project owner to develop business case & benefit realization plan
2.3 INDEPENDENT DECISIONS
• Able to manage sensitive and sometimes confidential information.
• Self-motivated and able to take responsibility.
• Flexible attitude.
• Able to build good relationships at all levels, internally and externally.
2.3 INDEPENDENT DECISIONS
INTERNAL: Owners of the projects, Management, and all other stakeholders
EXTERNAL: Vendors
Read Also:
NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2023 (1,222 POSTS)3 QUALIFICATION
• Minimum Bachelor’s Degree in Business Administration, Accounting, Finance, Project, or a related field
• Sound business analysis background and practical application in a large corporate setting preferably within the Banking sector with a minimum of 3 years
• At least 1 years’ experience in business process design and re-engineering
• Proficiency in Microsoft Office applications (Word, Excel, Outlook, MS Project, PowerPoint, OneDrive)
• Business Analysis Certification e.g., CBAP, CBPP, PMI-PBA or any other equivalent qualification is an added advantage
4 QUALITIES
• Attentive to detail and self-driven individual
• Strong analytical and problem-solving skills
• Ability to proactively identify risks related to proposed solution / product and timely define risk mitigants
• Report writing and presentation skills
• Good coaching and training skills
• Stakeholder Management
• People management skills
• Excellent planning, organization, and multitasking skills
• Ability to effectively prioritize and execute tasks in a high-pressure environment
5. OTHER
• Carry out work in accordance to with bank procedures
• Perform the assigned tasks with due diligence
• Eliminate waste of whatever form, suggest the use of new practice, and contribute to the continuous improvement of the bank.
Regulatory Affairs & Compliance Monitoring Officer
Regulatory Affairs & Compliance Monitoring Officer at Exim Bank September, 2023
1. PURPOSE OF JOB
• Provide regulatory compliance expertise and guidance in an advisory capacity to business stakeholders in support of strategic initiatives and management of compliance risk.
• Provide compliance advice and risk stewardship to function business to ensure that appropriate compliance programs, policies, procedures, and other controls are in place and operating effectively and satisfy supervisory obligations and regulatory expectations.
• To identify and assess the compliance risks associated with the bank’s current and proposed future business activities, including new
products, new business relationships and any extension of operations or network.
2. KEY ROLE AND RESPONSIBILITIES
• Develop a comprehensive understanding of the business model, strategy, and product and services to provide substantive oversight, support, and challenge to enable sustainable business growth.
• Build and maintain an effective and constructive relationship with business and Support functions stakeholders that is based on trust, capability, and integrity, providing timely, responsive, and quality compliance related advice and guidance to enable the bank to meet its strategic objectives.
• Provide advice, analysis (and challenge when appropriate) to the business and functional department, including product design, new business initiatives, projects, remedial activities, and transactional advice.
• Provide robust challenge to all relevant business and Support functions stakeholders where activities are outside of risk tolerance / appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance / appetite.
• Provide timely advice to the business and Support functions to ensure compliance with all relevant laws, regulations and internal policies (including those relating to AML and KYC/CDD) and support the transition to proactive and pre-emptive compliance risk mitigations.
• Provide support and challenge to the business and Support functions stakeholders to ensure that they establish and monitor appropriate processes for compliance with the bank’s policies and procedures.
• Proactively monitor regulatory developments to manage the regulatory impact on the business and Support functions and its operations and flagging any potential hotspots and risks.
• Review business responses and Support functions to regulatory feedback to ensure compliance issues raised in feedback are appropriately responded to and necessary corrective actions are initiated.
• Provide oversight and challenge to Customers’ Complaint Handling Process to enhance customer experience. Oversee resolution of material complaints to ensure appropriate closure.
• Proactively look for ways to improve the business and Support functions control environment by considering what could go wrong in the processes you and how errors could be prevented.
• Identify and assess sources of compliance risks in the bank and ensure that system and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels.
• Maintain adequate management MI / trackers across all aspects of compliance coverage and responsibility to ensure all issues and matters relating to the banking business are tracked, followed, regularly assessed, and reported on, including oversight of risk acceptance and /or mitigating action plans, identification, and management of high-risk clients.
• Analyze and interpret data to produce reports that help the bank to identify and manage emerging areas of risk / vulnerability and thus drive the relevant remediation actions.
• Anticipate horizon compliance risks that may have a significant business impact and develop effective strategies to mitigate such horizon risks.
• Propose control effectiveness and efficiency improvements and simplifications where appropriate.
• Work with business and Support functions stakeholders to assess risks arising from products, segments, geographies, customers, and transactions.
• Provide reports to the relevant business risk and control committees and management teams on key compliance risks and issues pertaining to the bank business.
• Support the development and implementation of compliance programs with a focus on refining existing compliance programs and development of new programs in response to evolving regulatory, legal, and business requirements.
• Perform research and prepare summaries of legislation/regulation for issuance to internal operational and functional and business department.
• Preparation of corporate reports and documents to various regulatory authorities.
• Provide support to key regulatory change programs and projects across the bank.
• Maintain workplans specific to regulatory projects / initiatives and communicate the same to stakeholders in a regular and timely fashion to inform and seek inputs.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is a norm.
• Any other duties assigned from upper authority.
3 COMPETENCIES
• Good understanding and appreciation of compliance risk management practices.
• Good understanding of current and anticipated regulatory requirements and supervisory expectations.
• Strong analytical skills and confidence in interrogating data, processes, and interviewing stakeholders.
• Able to interpret and communicate clearly to the business the application of relevant rules and regulations.
• Sharp business acumen, including the ability to assess risks.
• Excellent oral and written communication skills – ability to present complex information clearly and concisely.
• Self-empowered to enable development of open communication, teamwork and trust that is needed to support true performance and customer service-oriented culture.
• Personal authority, integrity, and ethics, with proven ability to establish relationships and exert influence at senior levels.
• Proactive and creative approach to work, self-motivated and pragmatic.
• Exposure in effective risk management and ability to promote strong risk management culture.
Recommended:
PAST PAPERS ZA DARASA LA 7 MPAKA FORM SIX | NECTA AND MOCK EXAMS 1988 - 2019. CLICK HERE!
4 QUALIFICATION AND SKILLS
• Bachelor’s degree from a reputable university preferably in Law, Economics, Finance, Risk Management, or related discipline.
• Bachelor’s degree or its equivalent in Law/Banking/Economics/Finance or related qualifications
• Any additional relevant compliance related professional certifications will be an added advantage.
• At least 5 years of banking experience in Compliance, Risk management, Governance, Audit, or any other related fields.
• Experience in designing and implementing Compliance programs, policies, and procedures that will ensure compliance with local and international standards and best practices.
5 OTHER
• Carry out work in accordance with the bank’s procedures.
• Perform the assigned tasks with due diligence.
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
Compliance Monitoring and Training Officer
Compliance Monitoring and Training Officer at Exim Bank September, 2023
1. PURPOSE OF JOB
Support to implement the bank’s AML Monitoring strategies and goals across the bank, providing guidance on the program. Ensure Bank has relevant, up to date and adequate policies, procedures, processes, and strong controls to support management of Financial Crime Compliance (FCC) Risks; FCC risks include Money Laundering, Terrorism Financing, Sanctions, and Anti-Bribery & Corruptions Risks.
2. KEY ROLE AND RESPONSIBILITIES
• Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practice, criminal typologies and developing trends.
• Support the Financial Crime Compliance Manager on developing annual conformance testing schedule across relevant business units. Conduct conformance reviews of the Bank’s AML, ABC and Sanctions Compliance programs.
• Participating in annual Financial Crime Risk Assessments – play a key role in the assessment through all stages and provide timely updates to Financial Crime Compliance Manager on results of the risk assessments.
• Review new products and services to ensure appropriate consideration of key AML/CFT and Sanctions compliance risks are identified and plan for mitigation are in place.
• Support the Financial Crime Compliance Manager on implementing and coordinating FCC Risk Management Processes while challenging the First Line of Defence (FLoD) on the effectiveness of controls.
• Consistent with AML regulations and policy recommend De-Risking Initiatives to management based on increased Customer’s or Product Risks
Profile against established Bank’s AML Risk Appetite.
• Design Risk Based Financial Crime Compliance Trainings and ensure training requirements are implemented across the bank by all staff.
• Support business to understand AML/KYC requirements, consistent with AML regulations and Exim AML Policy.
• Assist in identifying systemic procedural weaknesses and additional training requirements for the Bank.
• As an AML subject matter expert provide direction and guidance to employees on appropriate remediation action for high-risk accounts.
• Support the Manager Financial Crime Compliance on the day-to-day compliance oversight efforts of the AML/KYC Compliance Programs.
• Timely execution of instructions received from higher authority.
• Support Business on Performing customer & correspondent Banks due diligence and recommend appropriate risk-based actions to be taken concerning customer relationship during on boarding and on periodic basis.
• Assist with money laundering related queries/questionnaires received from correspondents Banks.
• Advise management on current issues regarding correspondent banking.
• Investigate, review, and resolve AML related and economic sanction related alerts.
• Assist in the development of in-person AML /Sanctions Compliance Training for new employees.
• Prepare weekly, bi-weekly, monthly, and quarterly reports to Financial Crime Manager.
• Ensure AML tools, systems are properly working.
• Take part in planning executing and monitoring activities associated with compliance issues/matters.
• Support the development and implementation of compliance programs with a focus on refining existing compliance programs and development of new programs in response to evolving regulatory, legal, and business requirements.
• Support and advice line manager on strategies for continuous improvement of the compliance function, including seeking best practices through internal assessments, external benchmarking and networking with peer groups and trade associations; establishing or participating in professional organizations or associations of regulatory/legislative compliance professionals.
• Perform research and prepare summaries of legislation/regulation for issuance to internal operational and functional constituencies.
• Preparation of corporate reports and documents to various regulatory authorities.
• Any other duties assigned from upper authority.
3 COMPETENCIES
• A good understanding of the market dynamics and customer attributes.
• Analyzing, planning, organizing, Learning & Researching.
• Achieving Personal Work Goals and Objectives.
• Entrepreneurial and business acumen.
• Knowledge of regulatory framework within a banking environment.
• Ability to professionally interact with external and internal stakeholders.
• Ability to work independently or as a part of a team.
• Ability to accommodate operational and functional ambiguity and charge.
• Proven ability to influence others and to achieve tangible business result while incorporating compliance processes, systems and resources into all aspects of corporate operations.
Recommended:
Free CV Writing and Download, Cover/Job Application Letters, Interview Questions and It's Best Answers plus Examples. Click Here!
4 QUALIFICATION AND SKILLS
• Bachelor’s degree from a reputable university preferably in Law, Economics, Finance, Risk Management, or related discipline.
• Minimum of 4 years of experience in the banking industry or regulatory environment in AML/CFT and Sanctions compliance and Audit.
• Experience in Risk and Operations Management, together with business management, from a frontline role in Commercial Banking.
• Holder of ACAMS Certifications (CAMS or Certified Global Sanctions Specialist) or intention to be certified within six months of employment.
• Strong passion and understanding of corporate governance and regulatory environment.
• Excellent communication and interpersonal skills, with experience of dealing with executives at all levels including the capacity to articulate the case for risk management and policy in the language of business.
5 OTHER
• Carry out work in accordance with the bank’s procedures.
• Perform the assigned tasks with due diligence.
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
Read Also:
Please send your application to: hrrecruit@eximbank.co.tz Application deadline:- 24th September, 2023.
Applications are to be sent with the subject being title of job you are applying for, example: Digital Implementation and Support Officer.
NB: Only short – listed candidates will be contacted
No comments:
Post a Comment