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9 Jun 2020

Principal Trade Finance Officer at TADB

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Job Description


BACKGROUND OF TADB

  • Tanzania Agricultural Development Bank Limited (TADB) is a Government Institution established under the Companies Act 2002 and licensed under the provisions of the Banking and Financial Institutions Act No 5 of 2006 and the Banking and Financial Institutions (Development Finance) Regulations, 2012. The bank has the following key objectives:
  • To catalyze credit delivery to the agricultural sector and thereby accelerate agricultural growth;
  • To lead, as an apex agricultural financing bank, in capacity building strategies and programmes to strengthen the agriculture financial value chain;
  • To be an important player in the implementation of the Government’s development vision, policies and programmes, including but not limited to the Tanzania Development Vision 2015, Agricultural Sector Development Programme, Kilimo Kwanza Initiative, Second-Generation Financial Sector Reforms as well as in the furtherance of the National Strategy for Growth and Reduction of Poverty for Mainland Tanzania (MKUKUTA). and Zanzibar Strategy for Growth and Reduction of Poverty (MKUZA);
  • To build on existing agro financing activities through provision of short, medium and long-term facilities to the following: smallholder farmers’groups, savings and credit cooperative societies (SACCOS), community banks, commercial banks and microfinance institutions (MFIs) that are active in lending to the agricultural sector;
  • To coordinate and monitor agriculture and rural lending activities with a view to maximizing the impact of agricultural growth by working closely with the Ministries and institutions responsible for Agriculture, Regional Administration as well as the numerous players active in this sector;
  • To assist the Government in implementing its policies on enhancing financial inclusion and economic empowerment in the rural areas.

The TADB is hereby inviting applications from suitably qualified candidate to fill the following vacancies:

PRINCIPAL TRADE FINANCE OFFICER – 1 Vacancy, DSM

Nature and scope:

Reporting to the Business Development Manager, the role holder is responsible for delivering through acquisition, Implementation and Management of Trade Finance portfolio. He/She also Coordinate implementation of Trade Finance, Cash management and Treasury products for Agriculture Value Chain Development project, including; technical support, financial management, monitoring of project activities and reporting.

Key Responsibilities;

  • To identify new business and develop relationships with prospective clients in conjunction with the Business Development Manager.
  • To assist in expanding current business in accordance with bank’s plans and strategies.
  • To assist in reviewing the Transactional business portfolio of the bank including Treasury and prepare portfolio review reports.
  • To carry out minor market research for possible expansion and development of new projects/business.
  • To identify companies of good credit standing likely to have a requirement for the AgricultureTransactional finances from the bank.
  • To identify and develop Trade business opportunities with companies/clients at a satisfactory rate of return to the bank.
  • To serve clients’ needs through a range of bank’s transactional products and services by originating deals.
  • To provide a superior level of customer relations and service; and ensure compliance with bank’s policies and procedures.
  • To review the Trade Finance portfolio annually and as when required.
  • Identify incidents or developing situations such as outages that could potentially lead to client complaints and alert management accordingly.
  • Perform quality reviews of all Transactional finance loan portfolio.
  • Provide our clients with trusted Trade Finance advice that will enable them to fully appreciate the capabilities of TADB.
  • Ensure proper controls are included into all risk management for the bank’s projects.
  • Perform the assessment of Audit results as related to Transactional business development
  • Implementation of the department strategy by working with various internal/external stakeholders to provide/translate/design functionality, (i.e. Navigation, look and feel)
  • Carries out ongoing customer research and Development of marketing plans in conjunction with the Banks.
  • Carry out any other duties assigned by your Line Manager/Supervisor.

Qualifications, Knowledge, Experience:

  • Bachelor’s degree in Business Administration, Banking, Economics, Agriculture, Finance or Marketing.
  • Master’s degree/MBA/Professional accreditation will be an added advantage.
  • Minimum of 5 years’ relevant experience, of which 3 must be in a senior level in reputable company or financial institution.
  • Strong client focus ability and external orientation with the ability to understand client needs and stay abreast of macro-economic trends and contemporary finance and treasury practices
  • High strategic, consultative and solution orientation with the ability to assess client needs at a relationship level and to package the banks products in response.
  • Strong working knowledge of processes and practices pertaining to Agriculture financing deals.
  • Excellent communication and presentation skills including a strong command of PowerPoint and public speaking.
  • Exceptional relationship management skills including strong ability to manage and effectively influence multiple stakeholders.
  • Good interpersonal skills with great emphasis on teamwork. Able to work effectively in across the country.
  • High level of responsiveness and ability to operate with a high degree of urgency and work in a pressurized environment.
  • Strong drive for results, able to plan, track and follow through to capture solutions and revenues.
  • Knowledge of the banking industry and its related laws, regulations, policies and procedures is essential.

 

REMUNERATION

Tanzania Agricultural Development Bank Limited is an equal opportunity employer. The bank offers an attractive remuneration package, career development opportunities and an excellent working environment.

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Method of Application

Job applicants are required to apply for these employment opportunities through this email, [email protected]

Please note: applicants are required to attach the following to their respective application.

  • Application letter showing how they meet the requirements of the position;
  • An up-to-date Curriculum Vitae;
  • Contacts stating name in full, physical address, telephone numbers and e-mail addresses of the candidate;
  • Certified copies of relevant certificates
  • Names and full contacts of three (3) referees.

Closing date: Applications should reach the undersigned not later than 4.00 pm on Monday, 22nd June 2020.

For further information, please visit the Bank’s website: Website: www.tadb.co.tz

 



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