Tuesday, January 19, 2021

New Job Vacancy at NMB Bank PLC – NMB Board Membership

Tanzania Jobs Portal - Career
NMB Bank Plc
NMB Board Membership
Expression of Interest for NMB Board Membership Ref 32294
NMB Bank PLC (NMB) is the leading full service commercial bank in Tanzania.
It
provides banking services to a customer base reflective of Tanzania as a
whole, and this includes Government and state- owned institutions,
large corporates and institutions, micro, small and medium enterprises
(MSME), civil servants and salaried employees, farmers and cooperatives,
and reaches out to traders and the unbanked.
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NMB
is currently looking for one (1) dynamic Independent non-Executive
Board member with expertise to effectively support the growth ambitions
of the Bank.
The Board members are responsible for providing
strategic guidance and effective oversight to management and promoting
ethical and responsible decision making within the Bank. The day-to-day
management of the business and affairs of the bank are delegated by the
Board to the Chief Executive Officer and other executive officers

The responsibilities of a Board Member include but are not limited to the following functions:

  • Determining and reviewing the business strategy, organizational structure and allocation of resources;
  • Governing the bank by establishing and monitoring policies and objectives and establishing proper delegation of authorities;
  • Selection, appointment, supporting, assessing and remunerating Executive Management (EM);
  • To monitor EM for their execution of policy, strategy and operations through setting clear goals;
  • Determining proper financial management practices and approving the annual budget;
  • Determining that adequate risk management practices are implemented;
  • Monitoring compliance with the law, statutes and internal and external regulations;
  • Understanding and taking into account the interests of shareholders and relevant stakeholders.
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Person Specifications
The
new Board member will be expected to add value and expertise to help
drive the continued growth of the Bank. In this regard, the Bank is
looking for an individual with the following qualifications:

  • Bachelor’s Degree in Accounting, Finance or other relevant area of study and/or professional accounting qualification;
  • Technically proficient and respected in chosen area of expertise;
  • Minimum
    of ten (10) years’ work experience at director/senior management level,
    preferably in financial services with at least five (5) of those in the
    banking industry;
  • Current knowledge of the local and/or international banking sectors;
  • Previous Board membership experience;
  • Good
    track record of integrity and ethical conduct, committed to advancing
    the best interests of NMB; vi. Possess other skills and competencies in
    areas that are relevant to NMB’s activities;
  • Not involved in any
    kind of activity or relationship that could constitute a material
    conflict of interest to the role of an independent director of the Bank.

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NMB
is an equal opportunity employer and is aiming for gender parity at all
levels in the organization. Women are strongly encouraged to apply.

Duration of Appointment

The tenure of appointment is three years renewable, subject to performance.

Meetings

The
Board of Directors usually meet four times a year. There are also
meetings of Board Committees. Therefore, the successful candidate will
be expected to have adequate time for this assignment.

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How To Apply
Email your CV and application letter to jerome@radarrecruitment.com stating the Reference Number 32294 in the subject line.
The closing date for applications is Wednesday 10th February 2021.
Only shortlisted candidates will be contacted.

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The post New Job Vacancy at NMB Bank PLC – NMB Board Membership appeared first on Ajira - Nafasi za kazi Tanzania 2019.



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