Job Summary
Reporting to the Head of Risk and Compliance, the Manager is responsible for establishing, implementing and enforcing Risk Management Systems and analysis. She/he contributes to the development of appropriate strategies and models to identify opportunities and to mitigate risks/losses in order to enhance the overall profitability of the Bank.

Key Responsibilities
Shall include but not limited to the following
• Assist in developing and revise risk requirements documentation for various aspects of strategic solutions.
• Identify and investigate the root cause of errors/frauds and provide recommendations on solutions and follow ups.
• Report on the status of presentation of all the risk management reports as required by the law.
• Ensure that the Bank is in compliance with all the applicable internal procedures and external regulatory requirements.
• Plan, design and implement an overall risk management framework for the Bank.
• Develop, share and monitor implementation of risk management operating models in each department.
• Evaluate impact of all risks (legally, financially, reputation etc.) and recommend mitigation strategies.
• Monitor and review processes to ensure risk and compliance arrangements are continuously in place and applied.
• Review policy and compliance standards, including liaison with internal and external auditors.
• Coordinate and investigate operational strengths, weakness, opportunities and threats of the prevailing risk management strategy and develop recommendation accordingly.
• Lead the process of quality assurance of all Banks business processes across the Bank.
• Perform any other duties as assigned by the CEO/Head of Risks & Compliance from time to time.

Minimum Qualifications
• University Degree or equivalent qualifications in Business Administration, Financial Accounting, Economics, Risk Management or related field.
• Possession of professional qualification such as CPA (T), ACCA, CERM, IFA, CIMA is an added advantage.
• Possession of at least eight (8) years work experience in a banking sector, five (5) of which should be at senior management level in Risk Management.

How to Apply
If you meet the above requirements, please send your cover letter (clearly indicating preferable position) and latest detailed Curriculum Vitae (do not attach copies of certificates or transcripts) to mcbrecruit@mcb.co.tz or by post office mentioned below to reach us by Wednesday, 25th November 2015.

Only shortlisted candidates will be contacted.

Write to:
The Chief Executive Officer
Mwalimu Commercial Bank PLC (In-Formation)
P. O. Box 61002,
DAR ES SALAAM