Vacancy title:
Head of Corporate & Investment Banking

Jobs at:
Stanbic Bank Limited Tanzania

Deadline of this Job:
13th July 2018

Duty Station:
Dar es Salaam, Tanzania

JOB DETAILS:
Stanbic bank Tanzania Limited is a full service commercial bank which specializes in providing facilities and services to public and private sector corporations, diplomatic missions and international organizations. Stanbic bank Tanzania is a member of the Standard Bank Group of South Africa and was established in May 1995 when the Standard bank Group acquired the operations of Meridien Bao Bank Tanzania Limited

ROLE PROFILE
Stanbic Bank is looking for an exceptional candidate to fill in the position of Head of Corporate & Investment Banking, reporting directly to the Chief Executive.

The incumbent will be required to articulate and set the strategic direction and business objectives of the CIB Business in Tanzania.

The role will also be the interface with other parts of the Group such as Corporate Functions, PBB, and Wealth. 

The Head of CIB will ensure achievement of CIB revenues and net earnings through delivery of an appropriate range of banking products (Transactional Product and Service Investment Banking. Global Markets Products and Investor Services) to the existing and targeted client base, working with and through the Client Coverage Teams.

DUTIES AND RESPONSIBILITIES:
The roles and responsibilities of the incumbent will be as follows:

Strategy Formulation & Execution

• Align and set the strategic direction, goals, growth initiatives and business objectives at country level that are in line with the global (“One CIB”) objectives, taking into account interdependence with product and country strategies.

Regulatory and Risk Management

• Safeguard the integrity and reputation of the bank by ensuring the CIB Business lines operate within legal and regulatory requirements (i.e. prudential and fiduciary).

Financial Performance Management

• Contribute to the overall Bank’s financial performance by understanding and acting on opportunities for cost efficiencies, and cooperation with other areas such as Personal and Business Banking. Wealth. Finance and Risk Management.

Governance

• Fulfil a governance role in sending as a member of key in-country management committees.

Client and Markets

• Review and influence (in collaboration with product matrix) the portfolio of clients to targ in country to ensure that CIB matures and grows market share.

Delivery of Customized Sector Solutions

• Define and develop new client solutions enhancements to meet the needs of target segments, in collaboration with the product heads.

Provide internal Leadership S Guidance

• Define a business plan for country by directing, developing and managing the CIB tear in country.

People Management

• Jointly manage the performance management, recruitment, career management, remuneration, succession planning and personal development plans of the team.

DESIRED SKILLS & QUALIFICATION

• Combination of suitable tertiary education relevant experience, preferably in a discipline relevant to the specific industry 
  
• Strong business acumen, competent in risk management, financial management and tax legal issues. 
  
• An extensive knowledge and understanding of the various systems used within the widr 
  
• Processing and Clearing area 
  
• Minimum of 10 years’ experience in various business-related fields with a strong background in banking
  
• Knowledge of banking transaction processes relevant to products and services offered customers 
  
• Extensive experience working with country economic information, requiring a deep understanding of key industries and critical success factors for those industries, and 
  
• Central Banking policies, to Alco. Credit and Country Risk
  
• Demonstrable knowledge of Investment Banking. Capital Markets, and real transaction experience from a global banking institution
  
• Prior experience of Hands on Client Coverage at a Senior Level
  
• Demonstrable prior experience in leading a high performance team
  
• MBA will be an added advantage
  
• Commercially astute with ability to identify and close revenue opportunities
  
• Conflict management skills and ability to manage ambiguity
  
• Capability to deal with complexity from a product and industry perspective.
  
• Presence with clients and ability to market the banks capability

Job application procedure
Qualifying candidates should apply in writing to or lodge their applications at the address below, enclosing: An application letter, Comprehensive Curriculum vitae, Contact address including, telephone number(s) and/or email addresses if available, Names and full addresses of three referees.
Closing Date: 13th July 2013.
Please address all application to:
CHIEF EXECUTIVE.
Stanbic Bank Tanzania Ltd.
P. O. Box 72467.
Dar Es Salaam
Email: HumanResourcesTZ2@mail.standardbank.com