Our client, CRDB Bank Plc is an African bank and a leading financial services provider in Tanzania with presence in Tanzania and Burundi. The bank was established in 1996 and was listed on the Dar es Salaam Stock exchange (DSE) in June 2009. Over the years, the bank has grown to become the most innovative and preferred financial services partner in the region. Supported by a robust portfolio and uniquely tailored products, CRDB Bank remains one of the most responsive banks in the region.
In line with the current strategy, CRDB Bank is looking to recruit five dynamic and visionary Tanzanians to work with the bank to transform, grow and ensure sustainability . CRDB Bank Plc is inviting interested and qualified individuals to apply. The applicants must be of outstanding integrity with a good record of enforcing accountability.
Head of Compliance and Governance (Ref No. CRDB/HCG/03 - 19)
Position summary:
Reporting to the Director of Risk and Compliance, the Head of Compliance and Governance will be responsible for ensuring that the bank is compliant with all banking laws, regulations, AML/CTF, sanction risk governance, and internal policies and procedures.
Key duties and responsibilities:
● Contributing to the development of the departmental strategy on potential improvements for compliance and governance;
● Ensuring sound financial and internal controls, procedures and systems for monitoring money laundering transactions as per regulatory requirements;
● Ensuring that risk owners are operating within the board's approved risk appetite and controls, and escalate any noted breaches to risk committees through timely and accurately prepared risk management and ALCO reports;
● Conducting compliance reviews for all internal processes and controls and improving the effectiveness of compliance by conducting trainings and communicating all compliance issues to staff; and
● Developing, implementing and monitoring the business unit’s annual plan, budget and key performance indicators aimed at achieving the departmental strategy.
Key qualifications and experience:
● A Bachelor’s degree in Banking, Economics, Laws, Finance, Mathematics, Actuarial Science or a related area and relevant qualification from a recognized university;
● A Master’s degree in Banking, Economics, Laws, Finance, Mathematics, Actuarial Science or related field from a recognized university and/or post graduate qualification in banking will be
an added advantage;
● Risk and Compliance Certification (Preferably ERM);
● A minimum of eight years relevant working experience, of which five should be at a managerial level;
● Thorough knowledge of banking compliance functions and enterprise risk management;
● Working knowledge of the Bank of Tanzania’s risk management guidelines and regulatory requirements; and
● Strong problem solving skills, excellent communication skills coupled with the ability to effectively work with varied internal and external stakeholders; and
● Working knowledge of banking operations
Key competencies for all positions:
● Demonstrate working knowledge of banking operations and thorough in-depth knowledge of risks affecting banking operations;
● Demonstrate strategic leadership and thinking with ability to initiate change in teams and organisation at large;
● Strong problem solving skills, excellent communication skills coupled with the ability to effectively work with varied internal and external stakeholders
● Possess analytical and creative mind-set to seek, encourage and find non-traditional approaches.
● Demonstrate high degree of honesty and integrity
How To Apply:
If you believe you are the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting reference number on both the application letter and envelope. For electronic applications, please quote the job reference number on the subject of your email.
Applications should be submitted to the address below not later than 01 April 2019.
The Director
Executive Selection Division
Deloitte Consulting Limited
3 rd Floor, Aris House
Haile Selassie Road
P.O. Box 1559
Dar es Salaam, Tanzania.
E-mail: esd@deloitte.co.tz
Tuesday, March 19, 2019
Head of Compliance and Governance - CRDB Bank
