Relationship Manager; Financial Institutions and Correspondent Banking
2025-05-09T12:41:01+00:00
NMB Bank
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https://www.nmbbank.co.tz/
FULL_TIME
Head Office
Arumeru
00000
Tanzania
Banking
Accounting & Finance
2025-05-23T17:00:00+00:00
Tanzania
8
Job Purpose:
To manage all financial institutions dealing directly or indirectly with the bank including those working with Trade finance, payments, treasury, and any other department within the bank.
Main Responsibilities:
- Manage the different type of loans from overseas DFI's and negotiate contracts with any DFI
- Review FI credit limits and prepare Credit Analysis (CAs) proposals for new/renewals of FI portfolios.
- Coordinate AML/KYC Due Diligence on all FI clients with compliance department including yearly renewals of the same.
- Act as a liaison between the bank and Counterparty banks
- Maintain constant touch with counterparty banks through customer calls by way of meeting/ telephone calls/ e-mail etc.
- Canvas new business from correspondents and other financial institutions and follow through with regular updates.
- Address high level complaints /queries related to the counterparty banks which are not resolved by Remittances, Trade, Treasury, Reconciliation departments etc.
- Suggest new banks to open Nostro accounts depending on the needs of NMB.
- Manage the local banks portfolio from a relationship perspective, deal with their limit requests and propose limits in the treasury and trade business.
- Manage meeting requests by banks and coordinate/ arrange meetings with them be it local or international.
- Manage the Trade Finance limits we have with International Banks and negotiate better terms and higher limits with them while working with Trade on ensuring fair allocation of business to the banks.
- Manage multiple competing priorities and thrive in a fast-paced and challenging environment
Knowledge and Skills:
- Thorough knowledge of International Banking services and products
- Knowledge of International Financing arrangements especially related to Development Financial institutions financing.
- Sound understanding of IFRS especially related to banking environment
- Good knowledge of Treasury products and services as well as back-office operations.
- Sound understanding of Financial Institutions credit.
- Knowledge of political, economic and regulatory environments in the banking industry.
- Strong knowledge of Trade Finance, Payments, Treasury and Capital market activities.
- Understanding of Syndication arrangements is a bonus.
- Ability to analyze qualitative and quantitative information
- Solid written and oral communication skills and ability to work both independently and collaboratively within a team on a wide variety of projects
- Ability to multi-task, work successfully under pressure, and effectively manage time and workload
- Outstanding critical thinking skills with the ability to solve unstructured problems
- Attention to detail
- Organization skills and Innovative
- Business awareness and Adaptability
- Business development
- Relationship management skills
- Team player
Qualifications and Experience:
- Bachelor's degree in Banking, Finance, Accounting, Business administration or related fields.
- Professional qualification i.e. CPA or ACCA is an added advantage
- Minimum of 5 years' demonstrated experience in working in a Financial Institutions role covering Treasury/ Transaction banking or Raising funding from different Financial Institutions especially DFI.
Manage the different type of loans from overseas DFI's and negotiate contracts with any DFI Review FI credit limits and prepare Credit Analysis (CAs) proposals for new/renewals of FI portfolios. Coordinate AML/KYC Due Diligence on all FI clients with compliance department including yearly renewals of the same. Act as a liaison between the bank and Counterparty banks Maintain constant touch with counterparty banks through customer calls by way of meeting/ telephone calls/ e-mail etc. Canvas new business from correspondents and other financial institutions and follow through with regular updates. Address high level complaints /queries related to the counterparty banks which are not resolved by Remittances, Trade, Treasury, Reconciliation departments etc. Suggest new banks to open Nostro accounts depending on the needs of NMB. Manage the local banks portfolio from a relationship perspective, deal with their limit requests and propose limits in the treasury and trade business. Manage meeting requests by banks and coordinate/ arrange meetings with them be it local or international. Manage the Trade Finance limits we have with International Banks and negotiate better terms and higher limits with them while working with Trade on ensuring fair allocation of business to the banks. Manage multiple competing priorities and thrive in a fast-paced and challenging environment
Thorough knowledge of International Banking services and products Knowledge of International Financing arrangements especially related to Development Financial institutions financing. Sound understanding of IFRS especially related to banking environment Good knowledge of Treasury products and services as well as back-office operations. Sound understanding of Financial Institutions credit. Knowledge of political, economic and regulatory environments in the banking industry. Strong knowledge of Trade Finance, Payments, Treasury and Capital market activities. Understanding of Syndication arrangements is a bonus. Ability to analyze qualitative and quantitative information Solid written and oral communication skills and ability to work both independently and collaboratively within a team on a wide variety of projects Ability to multi-task, work successfully under pressure, and effectively manage time and workload Outstanding critical thinking skills with the ability to solve unstructured problems Attention to detail Organization skills and Innovative Business awareness and Adaptability Business development Relationship management skills Team player
Bachelor's degree in Banking, Finance, Accounting, Business administration or related fields. Professional qualification i.e. CPA or ACCA is an added advantage Minimum of 5 years' demonstrated experience in working in a Financial Institutions role covering Treasury/ Transaction banking or Raising funding from different Financial Institutions especially DFI.
JOB-681df7dd37f4e
Vacancy title:
Relationship Manager; Financial Institutions and Correspondent Banking
[Type: FULL_TIME, Industry: Banking, Category: Accounting & Finance]
Jobs at:
NMB Bank
Deadline of this Job:
Friday, May 23 2025
Duty Station:
Head Office | Arumeru | Tanzania
Summary
Date Posted: Friday, May 9 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Job Purpose:
To manage all financial institutions dealing directly or indirectly with the bank including those working with Trade finance, payments, treasury, and any other department within the bank.
Main Responsibilities:
- Manage the different type of loans from overseas DFI's and negotiate contracts with any DFI
- Review FI credit limits and prepare Credit Analysis (CAs) proposals for new/renewals of FI portfolios.
- Coordinate AML/KYC Due Diligence on all FI clients with compliance department including yearly renewals of the same.
- Act as a liaison between the bank and Counterparty banks
- Maintain constant touch with counterparty banks through customer calls by way of meeting/ telephone calls/ e-mail etc.
- Canvas new business from correspondents and other financial institutions and follow through with regular updates.
- Address high level complaints /queries related to the counterparty banks which are not resolved by Remittances, Trade, Treasury, Reconciliation departments etc.
- Suggest new banks to open Nostro accounts depending on the needs of NMB.
- Manage the local banks portfolio from a relationship perspective, deal with their limit requests and propose limits in the treasury and trade business.
- Manage meeting requests by banks and coordinate/ arrange meetings with them be it local or international.
- Manage the Trade Finance limits we have with International Banks and negotiate better terms and higher limits with them while working with Trade on ensuring fair allocation of business to the banks.
- Manage multiple competing priorities and thrive in a fast-paced and challenging environment
Knowledge and Skills:
- Thorough knowledge of International Banking services and products
- Knowledge of International Financing arrangements especially related to Development Financial institutions financing.
- Sound understanding of IFRS especially related to banking environment
- Good knowledge of Treasury products and services as well as back-office operations.
- Sound understanding of Financial Institutions credit.
- Knowledge of political, economic and regulatory environments in the banking industry.
- Strong knowledge of Trade Finance, Payments, Treasury and Capital market activities.
- Understanding of Syndication arrangements is a bonus.
- Ability to analyze qualitative and quantitative information
- Solid written and oral communication skills and ability to work both independently and collaboratively within a team on a wide variety of projects
- Ability to multi-task, work successfully under pressure, and effectively manage time and workload
- Outstanding critical thinking skills with the ability to solve unstructured problems
- Attention to detail
- Organization skills and Innovative
- Business awareness and Adaptability
- Business development
- Relationship management skills
- Team player
Qualifications and Experience:
- Bachelor's degree in Banking, Finance, Accounting, Business administration or related fields.
- Professional qualification i.e. CPA or ACCA is an added advantage
- Minimum of 5 years' demonstrated experience in working in a Financial Institutions role covering Treasury/ Transaction banking or Raising funding from different Financial Institutions especially DFI.
Work Hours: 8
Experience in Months: 60
Level of Education: bachelor degree
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