Bank of India is a leading public sector bank in India with 118 years of establishment. It has a network of over 5,200 branches in India and 60 overseas branches/offices across important global centers.

Bank of India (Tanzania) Ltd, a fully owned subsidiary of Bank of India, is seeking experienced, energetic, and committed Tanzanians to fill the following positions.

Responsibilities or duties

• Responsible for overseeing the functioning of the bank’s business operations and management.
• Reporting to the Managing Director/Board.
• Overall in charge of various departments of the bank, including Credit Department, Risk and Compliance, Human Resources, and Bank Branches.
• Annually revise and update bank policies for approval by the Board/Regulator as required.
• Develop risk mitigation strategies.
• Analyze various risk scenarios and prepare agendas for the Board and Board Committees.
• Convener of the EXCO Committee.
• Regular liaison with statutory authorities on banking business matters, including TRA, other local banks, BOT, and corporate customers.
• Ensure compliance with BOT regulations and guidelines along with bank policies.
• Dealing with bank vendors.
• Canvass business for the bank.

Qualifications or requirements

• Master’s degree and/or Bachelor’s degree in Accountancy, Banking, Finance, Business Administration and Management, Risk and Compliance. Candidates with additional qualification as a Certified Public Accountant (CPA) professional will have an added advantage.
• Good understanding and experience in bank credit & lending portfolio management.
• Strong knowledge of credit risk assessment and mitigation.
• Excellent strategic and leadership skills, knowledge of banking regulations, and business operations.
• Good communication skills (written and oral), strong analytical skills, computer software skills (including Excel), and ability to convince and mobilize customers.

Experience needed

At least 10 years of experience working in a commercial bank, out of which a minimum of 3 years should be in a senior position.

• Overseeing the functioning of the bank’s business operations and management.
• Reporting to the Managing Director/Board.
• Overall in charge of various departments of the bank, including Credit Department, Risk and Compliance, Human Resources, and Bank Branches.
• Annually revise and update bank policies for approval by the Board/Regulator as required.
• Develop risk mitigation strategies.
• Analyze various risk scenarios and prepare agendas for the Board and Board Committees.
• Convener of the EXCO Committee.
• Regular liaison with statutory authorities on banking business matters, including TRA, other local banks, BOT, and corporate customers.
• Ensure compliance with BOT regulations and guidelines along with bank policies.
• Dealing with bank vendors.
• Canvass business for the bank.

• Good understanding and experience in bank credit & lending portfolio management.
• Strong knowledge of credit risk assessment and mitigation.
• Excellent strategic and leadership skills.
• Knowledge of banking regulations.
• Knowledge of business operations.
• Good communication skills (written and oral).
• Strong analytical skills.
• Computer software skills (including Excel).
• Ability to convince and mobilize customers.

• Master’s degree and/or Bachelor’s degree in Accountancy, Banking, Finance, Business Administration and Management, Risk and Compliance.
• Candidates with additional qualification as a Certified Public Accountant (CPA) professional will have an added advantage.