National Bank Commerce Tanzania (NBC) Vacancies; NBC Bank is a leading financial institution in Tanzania, with over five decades of experience in providing a range of retail, business, corporate, investment banking, wealth management products, and services. The Bank’s history dates back to 1967 when the Tanzanian Government nationalized all financial institutions, including banks. In 1997, the institution then known as National Bank of Commerce was split into three separate entities, namely NBC Holding Corporation, National Microfinance Bank (NMB), and NBC (1997) Limited.
In 2000, South African financial services group Absa Group Limited acquired a majority stake in NBC, with the Government of Tanzania retaining a 30% shareholding, and the International Finance Corporation (IFC) taking up a 15% shareholding in the bank. The new entity became known as NBC Limited.
Need more information or assistance?
If you need more information or assistance, NBC Bank provides several ways to contact them. You can call them at +255 76 898 4000/4011, +255 22 219 3000, or +255 22 551 1000. Alternatively, you can visit their homepage to get relevant information.
1.0 Job Description
Main Responsibilities
- Driving agribusiness growth and value through identification and development of new commercial engagements.
- Liaise with all stakeholders for example, clients, government institutions, and other financial institutions to ensure that the Banks interests are properly represented and safeguarded.
- Work with a team at branch and at Head office, in respect to the growth of agribusiness portfolio.
- Work with all other related departments within the bank to implement delivery of approved agribusiness deals and propositions.
- Maintaining an up-to-date understanding of the agriculture sector in Tanzania, farmers’ needs and the wider need for agriculture value chains financing.
- Develop business cases and proposals and monitor the development of portfolio.
- Update and advice clients on the agribusiness products pricing and fees.
- Provide leadership on strategy development.
- Supervise and provide guidance to branch team on management of stressed assets
2.0 Product Development
Main Responsibilities
- Team up with Product Development team in developing new agribusiness products.
- Develop and maintain agribusiness product catalogue.
- Monitor effectiveness of Agribusiness products by reviewing relevant products reports monthly to determine the effective of the product.
- In collaboration with Product team, review and advise on agribusiness products pricing periodically to ensure they are remained competitive in the market.
3.0 Risk Management
Main Responsibilities
- Respond to queries related to agribusiness and provide all necessary information needed during internal and external audit.
- Ensure compliance to agribusiness guidelines in all engagements.
- Monitor performance of agribusiness loans on monthly basis and advise prompt action to be taken by branches for delinquent cases.
- Work closely with branches to ensure adherence to all terms and condition of approved loans.
Education and Experience Required
- Holder of a first degree or its equivalent in Agricultural Economics & Agribusiness, Business Administration, Banking and Finance or its equivalent.
- Masters’ Degree will be an added advantage.
- At least three years’ experience in Agricultural Financing field
- Sound experience on agribusiness value chain finance and applied models
- Good in deal making, structuring and collaboration experience in negotiating business arrangements into strategic approach.
Additional Skills:
- Selling, Negotiation and Presentation skills
- Business analysis skills
- Ability to organize and manage stakeholders’ engagements.
- Entrepreneurial and commercial thinking
- Adapting and responding to change
- Persuading and influencing
- Creative and innovative
- Leadership skills
Qualifications
Commercial mindset – Junior (Meets some of the requirements and would need further development), Customer Excellence – Service Delivery (Meets all of the requirements), Digital familiarity (Meets all of the requirements), Effective communication – Basic (Meets all of the requirements), Experience in a similar environment, Higher Diplomas – Business, Commerce and Management Studies, Openness to change (Meets some of the requirements and would need further development), Product and/or Service Knowledge (Meets all of the requirements), Relationship building (Meets some of the requirements and would need further development)
Frequently Asked Questions
What are the current job openings at NBC Bank in Tanzania?
NBC Bank Tanzania offers a range of career opportunities in various fields such as retail banking, business banking, corporate banking, and investment banking. The bank regularly updates its job vacancies on its website and social media platforms. Interested candidates can visit the NBC Bank website to view the current job openings.
How can I apply for a career opportunity at the National Bank of Commerce?
To apply for a career opportunity at NBC Bank Tanzania, candidates can visit the bank’s website and submit their application online. The application process is simple and straightforward. Candidates are required to fill out an online application form, upload their resume, and provide their contact details.
What qualifications are required for NBC Bank vacancies in Tanzania?
The qualifications required for NBC Bank vacancies in Tanzania vary depending on the position being applied for. Generally, candidates are required to have a degree or diploma in a relevant field from a recognized institution. They should also have relevant work experience and possess good communication and interpersonal skills.
Are there internship opportunities available at NBC Bank for students?
Yes, NBC Bank Tanzania provides internship opportunities for students who are currently pursuing their studies. The bank offers internships in various fields such as finance, marketing, human resources, and IT. Interested students can visit the NBC Bank website to view the available internship opportunities and submit their application online.
What is the recruitment process for NBC Bank Tanzania?
The recruitment process for NBC Bank Tanzania typically involves several stages, including an initial screening of the application, a written test, and an interview. Depending on the position being applied for, candidates may also be required to undergo a background check and provide references. The bank usually communicates with candidates via email or phone throughout the recruitment process.
Where can I find updates on upcoming vacancies at NBC Bank?
Candidates can find updates on upcoming vacancies at NBC Bank Tanzania by visiting the bank’s website and social media platforms. The bank regularly updates its job vacancies and provides information on the qualifications required, the application process, and the recruitment timeline. Candidates can also sign up for job alerts to receive notifications when new vacancies become available.
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