Senior Manager; Parastatals
Job snapshot
Senior Manager; Parastatals role at NMB Bank Plc. The work centres on reconciliation, reporting, and financial controls. The post is based in Head Office, Hq.
| Role | Senior Manager; Parastatals |
|---|---|
| Employer | NMB Bank Plc |
| Location | Head Office, Hq |
NMB Bank Plc runs financial controls and monthly reporting.
Role overview
To drive the growth, penetration, and profitability of Parastatal Schemes portfolio within Personal Banking.
Main Responsibilities.
SWL growth, deposits, customer acquisition, income, portfolio quality and profitability targets.. This also covers developing and execute the Parastatals Schemes business strategy Own and deliver the overall business performance of the Parastatals portfolio,.
leading identification, prioritization and acquisition of high-potential parastatal institutions and provide oversight on negotiations and onboarding of new schemes.
Drive deeper penetration of existing parastatal schemes Build and maintain strategic relationships with senior decision makers across parastatal institutions.
leading, coach and manage Relationship Managers Parastatals.
coordinating sales-force productivity Monitor the overall quality and risk performance of the parastatal loan portfolio.
leading periodic portfolio and scheme performance reviews to identify underperformance, growth opportunities, competitive threats and required management interventions.
Champion effective utilization of ESS and other relevant digital channels to improve SWL processing efficiency, customer experience, conversion and portfolio growth within parastatal schemes.
leading development and execution of differentiated value propositions, campaigns and engagement programs Monitor competitor activity, market developments and employer feedback within the parastatal segment and recommending appropriate products, pricing, process and service responses.
preparing and present periodic portfolio performance, strategic insights, key risks and recommended interventions to the Head of Personal Banking and relevant management forums.
Knowledge and Skills.
Strong knowledge of retail banking, Salaried Workers Loans, employer-based lending and Personal Banking products.
Strong understanding of parastatal institutions, payroll structures, scheme management and institutional relationship models.
Strong leadership and people management skills, with ability to coach teams, drive accountability and deliver results.
Strong commercial and business development capability, with proven ability to identify, develop and convert growth opportunities.
Excellent relationship management, negotiation and influencing skills, including engagement with senior decision makers.
Strong portfolio management knowledge, including credit risk, arrears management, payroll deductions and asset quality monitoring.
Good understanding of digital lending channels, ESS processes, MIS and data-driven performance management.
Key responsibilities
- Preparing and present periodic portfolio performance, strategic insights, key risks and recommended interventions to the Head of Personal Banking and relevant management forums.
- LocationHead Office, Hq.
- Monitoring competitor activity, market developments and employer feedback inside the parastatal segment and recommending appropriate products, pricing, process and service responses.
- Building and maintain strategic relationships with senior decision makers across parastatal institutions.
- SWL growth, deposits, customer acquisition, income, portfolio quality and profitability targets.. This as well covers own and deliver the overall business performance of the Parastatals portfolio,.
- Leading development and execution of differentiated value propositions, campaigns and engagement programs.
- Developing and execute the Parastatals Schemes business strategy.
- Champion effective utilization of ESS and remaining relevant digital channels to improve SWL processing efficiency, customer experience, conversion and portfolio growth inside parastatal schemes.
- Drive deeper penetration of existing parastatal schemes.
- Leading periodic portfolio and scheme performance reviews to identify underperformance, growth opportunities, competitive threats and required management interventions.
- Leading identification, prioritization and acquisition of high-potential parastatal institutions and provide oversight on negotiations and onboarding of new schemes.
- Monitoring the overall quality and risk performance of the parastatal loan portfolio.
- Leading, coach and manage Relationship Managers Parastatals.
- Position.
- Coordinating sales-force productivity.
Requirements
- Experience in managing sales force productivity, portfolio quality, business performance and execution of strategic growth initiatives.
- Master's degree in business studies is a useful extra At least five (5) years' relevant experience in banking, financial services, relationship management, retail lending, portfolio management or business development, with at least 3 years' experience in managerial or leadership role, with responsibility for team performance and business results in medium to large organizations.
- We are committed to creating a diverse environment and achieving a gender balanced workforce.
- Bachelor's degree in business administration, Banking, Finance, Economics, Marketing or related field Relevant professional certification in Banking, Credit, Sales, Relationship Management or Leadership will be a useful extra.
- NMB Bank Plc does not charge every fee in connection with the application or recruitment process.
- Only shortlisted candidates will be contacted.
- Open Careers Portal.
- Female candidates and people living with disabilities are strongly encouraged to apply for this position.
- Demonstrated experience in managing complex stakeholder relationships, preferably involving parastatal, government, corporate or large institutional clients.
- Ought to you receive a solicitation for the payment of a fee, please disregard it.
- NMB Bank Plc is an Equal Opportunity Employer.
Key skills
- Credit & Risk Analysis
- Payroll Management
- Talent Acquisition
- Stakeholder Engagement
- Performance Management
- Sales & Business Development
How to apply
Apply through the NMB Bank Plc careers portal for this Senior Manager; Parastatals.
Apply on the NMB Bank Plc site
Common questions
- What role is open?
- NMB Bank Plc is recruiting a Senior Manager; Parastatals.
- Where is the job based?
- The post is based in Head Office, Hq.
- How do I apply?
- Submit your application directly on the employer's official portal: Apply on the NMB Bank Plc site
Jobconnect application guidance
Before applying for Senior Manager; Parastatals, review the requirements carefully, tailor your CV to the role, and follow the instructions shown in the advert.
- Identify 2-3 requirements from the advert and make sure they are clearly visible in your CV, cover letter, or application message.
- Prepare a short application message that mentions the exact job title and why you fit the role.
- Keep your phone and email active after applying so you do not miss interview or assessment updates.
CV hints for this job
For Senior Manager; Parastatals at NMB Bank Plc, align your CV with the location and role context: Head Office, Hq.
Interview preparation
Jobconnect practice questions, not confirmed employer interview questions. Base your answers on your own experience.
Advert requirement: Open Careers Portal. How would you demonstrate this requirement using a specific example from your work or training? Describe the task, your actions, relevant tools and outcome. Be clear about anything you have not yet done.
General practice What would you want the employer to clarify about this advert? Prepare a question about something genuinely unstated. Do not assume pay, benefits or working arrangements.
General practice What would you need to learn to perform this role well? Explain any gap honestly and the practical steps you would take to learn.
General practice Describe a time you worked with others to solve a problem. Distinguish your own contribution from the team outcome.
General practice How do you organize work when priorities compete? Use a real example covering priorities, communication and results.
View sample application letter Dynamic draft tailored to this job post. Edit it before sending.
Enter your applicant details
The preview and downloaded Word letter update as you type.
Refer to the letter heading above, I am writing to apply for the Senior Manager; Parastatals position. After reviewing the advertised requirements, I believe my skills, experience, and commitment to professional results make me a strong candidate for this opportunity.
My background has prepared me to contribute effectively in work relevant to Senior Manager; Parastatals. I can bring relevant experience, strong attention to detail, and the ability to work responsibly with teams, clients, and organizational priorities. In tailoring this application, I would highlight evidence related to Bachelor's degree in business administration, Banking, Finance, Economics, Marketing or related field Relevant professional certification in Banking,.
I am especially interested in this role because it aligns with responsibilities such as SWL growth, deposits, customer acquisition, income, portfolio quality and profitability targets. Lead identification, prioritization and acquisition of high-potential par.... I am confident that my ability to learn quickly, communicate clearly, and deliver dependable work would support the goals of the organization.
I have attached my CV and supporting documents for your review. I would appreciate the opportunity to discuss how my qualifications match this position.
Thank you for considering my application.
How to apply for this job
For Senior Manager; Parastatals, use the method in this advert.
- Open the NMB careers portal and log in to apply for this vacancy
- Open the official application page: https://careers.nmbbank.co.tz/nmb_career/career.aspx.
- Create or log into your candidate account and complete the form for Senior Manager; Parastatals.
- Upload your CV and the required documents, then submit. Apply as soon as possible.
- Never pay for a form, interview, medical check, or job offer.
Open the NMB careers portal and log in to apply for this vacancy.
Legitimate employers in Tanzania and Jobconnect Portal will NEVER charge job seekers money for application forms, uniform fees, medical checks, or interview guarantees.
