Position Description:
Twiga Bancorp Limited (TBCL) is a fast growing Non-Bank Financial Institution established under the Banking and Financial Institution Act (1991) to carry out all banking business with the exception of taking deposit on Current Accounts. The Institution has five Branches, two in Dar es Salaam and one each Arusha, Dodoma and Mwanza, and sub -Branch at the Julius Nyerere International Air port and Nyerere Memorial Academy Kigamboni, Dar es Salaam. The Institution is expected to better meet the requirements of its customers and the public in general.
Twiga Bancorp Limited wishes to recruit qualified applicants to fill the following posts:
1. Clerk tellers (Five Posts)
Responsible To:Assigned Officer
Salary Scale: TBSS. 5
Entry Qualifications
Holders of Degree in Banking, Finance Management, Economics, Accountancy or its equivalent from a recognized Institution.
Duties and Responsibilities
Sorting, collecting and posting of vouchers. Recording incoming and out-going mails. Working out simple calculations and checking.
Stamping and machine listing of vouchers and other documents. Attending customers over the counter very politely and quickly. Carrying out telling duties under close supervision of assigned officer. Preparing simple returns, summaries and maintaining registers. Doing simple reconciliation work.
Collecting, scrutinizing and arranging vouchers. Posting ledgers
Posting of statements
Verification of signatures and scrutinizing vouchers for posting to different ledgers. Posting of Profit and Loss Accounts, Bills payable accounts, Cables and Telegrams. To maintain and improve Banker / Customer relations.
Performs telling duties such as:-
Receiving deposits which may consist of cash, cheques, postal and money orders,
Counting cash deposited and ensures that it is correctly entered on the deposit slips.
Scrutinizing cheques and postal and money orders deposited in order to ensure that the customer has a title to the instrument.
Receiving and registering Foreign Bills, Payment Procedures and notification to customer’s drawer banks .. Carrying out the duties of establishing Letter of Credits guarantees and indemnities and security bonds.
Be conversant with recent exchange control regulations in connection with Import / Export Business.
Handling purchase of Foreign Currencies, cheques, drafts and Travelers’ cheques from customers at the applicable buying rate.
Accepting Tanzania shillings for the sale of Foreign in the form of Mail Transfers, Telegraphic Transfer and Drafts.
Buying sufficient stock of Foreign Currency notes and coins to meet normal requirements. Keeping sufficient stock of Foreign Currency notes and coins to meet normal requirements. Undertaking internal transfer of cash form.
Preparing of final statement of the total receipts and payments of cash by the branch.
Carrying out calculations intended to arrive at the overall cash position of the branch and arranging to keep just sufficient cash in the branch to meet normal requirements.
Performs any other duties as may be assigned by supervisor.
2.Credit Officer (Five Posts)
Appointing Authority: Chief Executive Officer
Responsible To:Head of Credit/Branch Manager
Salary Scale: TBSS. 6
Entry Qualifications
Holder of Bachelor Degree or Advanced Diploma in Banking, Economics, Finance, Accountancy or equivalent with at least two years relevant working experience in a reputable firm.
Duties and Responsibilities
Support the Head of Credit in the administration, evaluation, and direction of the business portfolio of the Bank in order to achieve the desired results for quality, profitability, and growth.
Participate in the Bank review process, ensuring that the risk taking philosophy and lending strategies of the Bank are adhered to.
Recommend loan authority levels. Ensure proper risk grades and exposure strategies are assigned.
Provide coaching and mentoring on risk assessment, credit underwriting, loan structuring, and relationship management, to business relationship managers.
Support Head of Credit in managing, identifying, and closely monitoring past dues and non performing assets, lending activity, and other portfolio trends.
Provide risk assessment, loan structuring, and relationship management coaching/feedback on loans.
Provide feedback on portfolio performance, credit requests, and approval volume for individuals and account officers.
Discuss specific underwriting concerns; manage the bank’s alarm and high risk audit for new loans and maturing high risk approval for loans.
Assist in annual credit skills assessment process of business relationship managers. Performs any other duties as may be assigned by supervisor.
How to Apply Application Instructions:
Remuneration
Attractive remuneration package will be offered to the successful candidate.
Only short listed candidates will be contacted for interview
Applications should be addressed to:
The Chief Executive Officer,
Twiga Bancorp Limited,
P.O.Box 10119
Dar es Salaam
To reach him not later than two weeks after first publication of the advert.