General Manager

About Bank of India (Tanzania) Ltd

Bank of India (Tanzania) Ltd is a fully owned subsidiary of Bank of India, a leading public sector bank in India with 118 years of establishment. Bank of India operates a network of over 5,200 branches in India and 60 overseas branches/offices across important global centers.

Position Overview

This position offers a great opportunity for career growth. The General Manager is responsible for overseeing the functioning of the bank's business operations and management, reporting directly to the Managing Director/Board.

Key Responsibilities

• Oversee the functioning of the bank's business operations and management
• Maintain overall charge of various departments including Credit Department, Risk and Compliance, Human Resources, and Bank Branches
• Annually revise and update bank policies for Board/Regulator approval as required
• Develop and implement risk mitigation strategies
• Analyze various risk scenarios and prepare agendas for the Board and Board Committees
• Serve as Convener of the EXCO Committee
• Maintain regular liaison with statutory authorities on banking business matters, including TRA, other local banks, BOT, and corporate customers
• Ensure compliance with BOT regulations and guidelines along with bank policies
• Manage relationships with bank vendors
• Generate and canvass business for the bank

Required Qualifications

• Master's degree and/or Bachelor's degree in Accountancy, Banking, Finance, Business Administration and Management, or Risk and Compliance
• Good understanding and experience in bank credit and lending portfolio management
• Strong knowledge of credit risk assessment and mitigation
• Excellent strategic and leadership skills

Preferred Qualifications

• Certification as a Certified Public Accountant (CPA) professional

Employment Details

Employment Type: Full-Time

Location: Maktaba Square Building, Azikiwe Street, Dar es Salaam, Tanzania

Salary: TZS per month (competitive)