Apply job opportunity at Tanzania Commercial Bank-1 POST

Apply job opportunity at Tanzania Commercial Bank-1 POST,Tanganyika Postal Office Savings Bank (TPOSB) now Tanzania Commercial Bank came into being in 1925 when Tanganyika was under British Rule. It later became a Savings Bank under the then East African Post and Telecommunications which ceased to operate after the collapse of the East African Community.

The Tanzania Posts & Telecommunications Corporation (TP&TC) came into being to cater for the Tanzanian market. TPB was formed from the now defunct TP&TC. TPB was established by the Tanzania Postal Bank Act No. 11 of 1991. On Monday the 29th of June 2015, the Parliament of the United Republic of Tanzania repealed the Act and on the 29th of March 2016 the bank was incorporated under the Companies Act (Cap 212) as TPB Bank PLC. On Thursday 19th January 2017, the bank unveiled it’s the name TPB Bank PLC to the public as well as its new logo and tagline (Grow with us). On the 14th July 2021 the bank changed its name to Tanzania Commercial Bank Plc with a tagline ‘Growing stronger together’.

Tanzania Commercial Bank
Tanzania Commercial Bank

Contact of Tanzania Commercial Bank

Head Office 10th LAPF Towers,
Bagamoyo Road, Opp Makumbusho Village,
Kijitonyama,
P.O BOX 9300, Dar es salaam.

+255 765 767 683
+255 788 767 683
+255 658 767 683
+255 773 767 683

info@tcbbank.co.tz,
callcentre@tcbbank.co.tz,

Also read at New job vacancy at Mbeya University of Science and Technology (MUST)-TUTORIAL ASSISTANT

JOB POST

CHIEF EXECUTIVE OFFICER – 1 POST

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

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