Relationship Manager; Financial Institutions and Correspondent Banking at NMB Bank

NMB Bank 

Dar es Salaam 

Job Description

Job Location :Head Office

Job Purpose:

To manage all financial institutions dealing directly or indirectly with the bank including those working with Trade finance, payments, treasury, and any other departments within the bank.

Main Responsibilities:

• Manage senior loans from overseas DFI’s and negotiate contracts with any DFI
• Review FI credit limits and prepare Credit Analysis (CAs) proposals for new/renewals of FI portfolios.
• Perform ALM/KYC and due diligence on the FI clients and coordinate with compliance department on related matters.
• Maintain constant touch with counterparty banks
• Canvas new business from correspondents and follow through with regular updates.
  Address complaints /queries related to the counterparty banks which are not resolved by remittances, trade, treasury, reconciliation departments etc.
• Suggest new banks to open Nostro accounts with.
• Manage the local banks portfolio from a relationship perspective, deal with their limit requests and propose limits in money market and forex trading.
• Manage meeting requests by banks and coordinate/ arrange meetings with them be it local or international.
• Respond to the KYC requests and review by banks we deal with or are looking to deal with.
• Manage the trade finance limits we have with international banks and negotiate better terms and higher limits with them.
• Thorough knowledge of International Banking services and products.
• Knowledge of International Financing arrangements especially related to Development Financial institutions financing.
• Sound understanding of IFRS especially related to banking environment.
• A strong understanding of the overall banking environment.
• Knowledge of Treasury products and services as well as back office operations.
• Sound understanding of Financial Institutions credit.
• Knowledge of political, economic and regulatory environments in the banking industry.
• Strong knowledge in Trade Finance, Payments, Treasury and Capital market activities.
• Understanding of Syndication arrangements is an added bonus.
• Ability to analyze qualitative and quantitative information.
• Solid written and oral communication skills
• Abilit
• • Ability to multi-task, work successfully under pressure, and effectively manage time and workload.
  • Outstanding critical thinking skills with the ability to solve unstructured problems.
  • Innovative, Attention to detail, Organization skills and Business awareness.
  • Business development; Relationship management skills.

  Qualifications and Experience:

  • Bachelor’s degree or its equivalent in Finance/Accounting fields/ Business administration or any other related field.
  • Accounting professional qualification i.e., CPA or ACCA or Treasury qualification such as ACI is preferred.
  • Demonstrated experience in working in a financial/accounting/ Credit/ Relationship manager environment for not less than 3 years.