Role Title: Head of Strategy and Investor Relations
Reporting Line: Chief Executive Officer
Location: NMB Head Office Dar es Salaam
Application deadline: 1st December 2017
Company Description:
NMB Bank Plc. (“NMB”) is a full service commercial bank incorporated in the United Republic of Tanzania. Through its 4 main business divisions: Retail, Wholesale, Agribusiness and Treasury, NMB provides a suite of financial services and products to retail customers, Small and Medium Enterprises (SME’s), Corporates, institutions and the Government. The bank has 200+ branches, a growing number of 3500 Wakala and 700+ ATMs across the country and is present in 98% of all Government districts. NMB has over 2.5 million customers and employs over 3,400 staff. The Bank is listed on the Dar es Salaam Stock Exchange in Tanzania. With a balance sheet size of over TZS 5.3 trillion, NMB has consistently been the most profitable bank in the country for the last 11 years.
For the 5th year in a row NMB was declared Best Bank in Tanzania by Euromoney in the framework of Africa Awards for Excellence.
“NMB today is the bank that works, rather than one which exists. Tough decisions around capital, businesses and people have been made. Throughout that process, NMB has continued to deliver strong profits and pay industry-leading dividends to shareholders.” NMB’s Managing Director, Ineke Bussemaker, said innovative products, technology and investments in digital banking coupled with the widest branch network and ATM’s have contributed to the transformation of the bank making it the best bank for financial inclusion. “Solving the challenge of the countries unbanked will take investment, innovation and an ability to bring together key players in payments and other banking services. Currently, we are one of the key players in financial inclusion in the country and will continue to bring banking solutions fit for the majority.” said Ineke Bussemaker.
Winning the Best Bank Transformation in Africa and the Best Bank in Tanzania awards is a clear indication that our efforts are recognized not just in Tanzania but across the region.
Job Purpose:
The job holder is responsible for driving the bank's strategy development and implementation and for attracting and guiding investors that are potentially of interest for NMB.
Key Responsibilities:
- Drive the bank’s strategy development by planning, analysing, and evaluating different strategic initiatives as well as supporting different functions in the strategy planning and execution process
- Track progress and report on the strategy implementation with the different business units and departments supporting and challenging their advancement towards strategic goals, activities for implementation, milestones and projects
- Assist the bank in the digital transformation driving a strategy that encompasses the digitalization
- Analyze and advise on emerging industry trends, expansion opportunities, including mergers and acquisitions, competitive threats, viability of outside business partners, venture capital sources, internal business performance and business process improvement
- Oversee organizational reviews, communicating results to top management and develop strategies based on organizational reviews
- Develop recommendations for optimizing business and financial performance
- Consult with business executives on a wide range of issues related to the strategy formulation process, including risk management and new growth opportunities
- Evaluate new business models and corporate relationships
- Support CEO and CFO in active engagement with institutional investors
- Attract and respond to requests from potential investors, organize meetings and events triggering their interest and building solid relationships
- Represent NMB, and provide relationship support, towards potential investors, government and other stakeholders
- Support from time to time in relevant special projects including budgeting, productivity exercises or others
- Manage the Strategy and Investor Relations team (a small team), hierarchically and functionally, supporting the individuals in their professional development. Reach the results through the team supporting the strategy development and implementation working together closely with the various functions in the bank
Attributes:
- Impeccable integrity
- Strategy development and implementation
- Analytical skills and the ability to gain in-depth understanding of new developments in global banking and apply them to NMB
- Ability and drive to identify opportunities both in growing the bank and attracting investors, in the local and international market
- Relationship Management: externally with investors, government and other stakeholders and internally, driving the bank’s strategy through the different functions
- Passion for driving the strategy development and implementation in banking as well as the investor relations
Key competences:
- Business Judgement: showing commercial acumen
- Execution: achieving results through others, leading team, peers etc.
- Collaboration: creating synergies through working in partnership, teamwork
- Influence: persuading and influencing stakeholders
- Change Potential: driving and responding to change
Qualifications and experience:
- MBA preferred or master’s degree in a related field gained from a recognized university
- Post graduate qualifications in banking is an added advantage
- 10+ years’ experience, 5 years in a managerial position in strategy development and execution in an innovative, technology driven financial services environment and managing investor relations
- Experience navigating complex organizations, including gaining access to key executives and stakeholders and successfully building relationships with functions in a matrix structure
This position is open to Tanzanian nationals only.
HOW TO APPLY:
If you consider yourself to be a strong candidate based on the requirements for the role, we invite you to apply by sending your letter of application and CV to executives@nmbtz.com
