Overview

Job Opportunities at Mkombozi full-service bank

Board Members

INTRODUCTION

Our client MKOMBOZI full-service bank PLC (MKCB), maybe a leading full-service bank in Tanzania established in 2009. The bank provides banking solutions to growing, medium-sized and enormous companies, institutional investors, financial institutions, and government entities. The bank attained a crucial milestone when it had been listed on the Dar es salaam stock market (DSE) in 2014

The Bank seeks to supply top-quality financial services in a sustainable and socially responsible manner to support financial inclusion, contribute to economic development and meet stakeholders’ s expectations.

The bank is seeking to recruit two (2) reputable and dynamic non- Executive Board members each expertly and practical experience in legal practices or banking which is vital in supporting the expansion ambitions of the Bank effectively.

The names of aspiring and qualifying candidates are going to be forwarded to the Annual General Meeting for voting.

THE ROLE

The new Board Members are going to be expected to feature value and expertise to assist drive the continued growth of the Bank with the subsequent responsibilities:
to work out the Bank’s vision, mission and values, continuously monitor and evaluate its strategy and make sure the Bank grows sustainably.
Selection, appointment, supporting, assessing, and monitoring Senior Management in the execution of policy, strategy, and operations through setting clear goals.
Select and appoint the director of the Bank, review and evaluate his/her performance regularly and offer guidance.
Determine proper financial management practices and approving the annual budget and monitor its implementation.
Understanding and considering the interest of shareholders and relevant stakeholders.
To be well-informed about Bank matters, be well-prepared for meetings, and actively participate in annual evaluation and planning activities.
Ensure procedures and practices are in situ to guard the Bank’s Assets and reputation.
make sure the Bank complies with all relevant laws, regulations, and codes of best practices.
The technology and systems employed by the Bank are capable of properly run the Bank for it to compete through efficient use of its assets, processes, and human resources.
Oversee the danger management process of the bank and make sure the bank responds appropriately to risks to reinforce shareholder value by the end of the day.

PROFESSIONAL QUALIFICATIONS

Expert and professionals in either law or banking practice, with current knowledge of the local and/or international banking sector.
Not involved as a member of the Management or Board of Directors with a banking institution whose registration or license has been revoked or canceled or which has gone into liquidation.
Clean credit record, good diary of integrity, and ethical conduct committed to advancing the simplest interests of MKCB.
Minimum of ten (10) years’ work experience at directors/senior management level, preferably in financial services with a minimum of five (5) of these in ban the ng system.
Demonstrate good background of excellent leadership, management, and governance in either public or private entities dealing in law and banking.
Must not hold any office, position, or employment in any bank or financial organization while serving as a member of management and through the two-year period from the date when such a member ceases to be a member of management.
Good character and healthy, high caliber and aged between forty (40) years to sixty (60) years.

HOW TO APPLY

Please submit a CV and a cover letter by 10th May 2021 stating why you would like to be considered for the role, by email to [email protected] Your cover letter should show how you meet each of the relevant requirements and qualifications as highlighted.

Only Prospective candidates who best meet our requirements are going to be invited for an interview. We understand that with the continued COVID-19 challenges we might not be ready to have a face-to-face interview, we’ll therefore make alternative arrangements for those that might not be available for face-to-face interviews.

MKCB is committed to diversity and welcomes applications from all individuals

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