Job Opportunity at DCB Commercial Bank – Senior Manager, Trade Finance

Job Opportunity at DCB Commercial Bank – Senior Manager, Trade Finance

Dar es Salaam

DCB Commercial Bank

Dar es Salaam Community Bank (DCB), whose official name is DCB Commercial Bank, but is commonly called DCB Bank, is a commercial bank in Tanzania.

Job Opportunity at DCB Commercial Bank – Senior Manager, Trade Finance

Background

DCB Commercial Bank Plc is a fully-fledged retail and commercial bank in Tanzania. The bank offers banking services to Individuals, Microfinance, Small to Medium sized Businesses (MSME), as well as large corporate clients. DCB Bank has a wide branch network of over 8 branches, over 1000 DCB Wakala Agents, and over 280 Umoja switch ATMs serving over 3 million customers across the country.

We are looking for qualified candidates to fill the position of Senior Manager, Trade Finance. The successful candidate will be responsible for growing trade finance income and ensure a high-quality portfolio across commercial and retail businesses clients.

Key Responsibilities:

• Structuring working capital solutions and sell trade solutions to new and existing customers within commercial banking.
• Identifying and converting opportunities in major government projects and provide solutions to contractors and suppliers.
• Providing support for approvals for concessionary pricing of both funded and non-funded trade finance products to business units and operations.
• Working with branch and segment managers to develop sales pipelines of trade related business in line with overall commercial growth strategy.
• Regularly identify, measure, monitor and control the overall levels of risks in the Trade Finance business, including developing RCSA,
• Periodically reviewing and support in development of structured trade finance procedures and processes to mitigate inherent risks using a solid understanding of the working capital cash conversion cycle.
• Ensuring that the target market selection criterion is adhered to and that the bank is in full compliance with Know Your Customer (KYC) and Anti Money Laundering (AML), DCB policies and procedures, and regulatory requirements.
• Collecting data, analyzing and reporting on trade finance needs in the market, competitors’ value propositions, economic trends to assist in product/service development.
• Training branch staff on client handling and products features to ensure seamless service provision.
• Preparing and submitting to Chief Manager, Commercial monthly work plans and periodic performance reports.

Job Opportunity at DCB Commercial Bank – Senior Manager, Trade Finance

Qualifications and Experience

• Bachelor’s degree in business related field; or Bachelor’s degree in any field with a Master’s degree in business administration.
• Eight years’ experience in the banking business, three of which should be in trade operations relating to guarantees, import and export letters of credit.
• In-depth knowledge of the local banking industry, banking products, banking services and banking regulations.
• High attention to details, and the ability to multi-task and work independently. Excellent selling, negotiation and interpersonal skills.
• Strong communication skills i.e. written and presenting.

If you believe you are the right candidate for this position, kindly submit your application with a detailed CV, photocopies of academic certificate, and names of three referees with their contacts, quoting reference number DCB-SMTF-08/2023 on the subject of the email. To be considered, your application MUST be submitted through: recruitment@dcb.co.tz not later than 21st August 2023. Hard copy applications will not be accepted.

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