Tanzanian Banking Operations Director

The position of Chief Operating Officer (COO) is a key role in our organization, responsible for ensuring the smooth operation of our banking activities. The COO will be a senior member of our management team, reporting directly to the CEO.

• Operational Management: Oversee daily operations of the bank, including IT, HR, Regulatory Compliance, Customer Service, and other departments. Design and implement business strategies, plans, and procedures. Set comprehensive goals for performance and growth. Establish policies that promote company culture and vision.
• Leadership and Team Development: Lead employees to encourage maximum performance and dedication. Evaluate performance by analyzing and interpreting data and metrics. Manage relationships with partners/vendors.
• Financial Oversight: Assist CEO in fundraising ventures. Participate in expansion activities (investments, acquisitions, corporate alliances etc.). Manage the operational budget and perform regular financial analysis to maintain cost-efficiency.
• Compliance and Risk Management: Ensure all operations adhere to laws, guidelines, and standards. Develop and implement risk management strategies. Oversee regulatory reporting, frequently liaising with regulatory bodies.
• Customer Focus: Enhance customer satisfaction through the improvement of service delivery. Develop strategies to expand the customer base and increase customer engagement.
• Strategic Planning: Collaborate with the CEO in setting and driving organizational vision, operational strategy, and hiring needs. Translate strategy into actionable goals for performance and growth.

• Masters Degree in Business Administration, Finance, or related field.
• Professional certifications (e.g., CFA, CPA) are an added advantage.

• Minimum of 10 years of experience in the banking industry, with at least 5 years in a senior management role.
• Proven experience as a COO or in other managerial positions.
• Experience in developing profitable strategies and implementing vision.
• Familiarity with diverse business functions such as marketing, PR, sales.
• In-depth knowledge of corporate governance and general management best practices.

• Strong understanding of corporate finance and performance management principles.
• Familiarity with Tanzanian banking regulations and compliance.
• Excellent interpersonal and public speaking skills.
• Aptitude in decision-making and problem-solving.
• Strong leadership and organizational abilities.
• Effective communication and people skills.

$150,000 - $250,000 per annum, depending on experience and qualifications.

Competitive benefits package, including health insurance, retirement plan, and paid time off.

Please submit your resume and cover letter to [Network International Recruitment Department].