Overview

TIB RASILIMALI LIMITED (formerly known as RASILIMALI LIMITED) is a wholly owned subsidiary of TIB Development Bank Limited. It is a Securities Brokerage and Advisory firm licensed by the Capital Markets and Securities Authority of Tanzania and a licensed member of the Dar es Salaam Stock exchange.

TIB Rasilimali Ltd is seeking to employ a qualified and skilled person to fill the following available vacancy.

DIRECTOR GENERAL

Nature and Scope

The Director-General shall be the Chief Executive Officer responsible for the day-to-day management of the firm. He/She will be responsible for provision of a dynamic and strategic leadership, vision and direction of the firm, ensuring appropriate outreach and profitability while providing high- quality services.

Duties and Responsibilities

1. Oversee effective and efficient implementation of the firm’s short, medium and long-term plans, and enforcement of relevant legislations, rules, and regulations pertaining to Capital Markets and related services.
2. Provide direction and leadership towards the achievement of the firm’s Vision, Mission, and Strategic Strategies, Objectives and Deliverables profitably.
3. Oversee the designing, promotion, and delivery of quality products and services by the firm. Prudently manage utilization of the firm’s resources within approved budget, guidelines, policies, laws and regulations.
4. Ensure that the firm consistently presents a strong and positive image to stakeholders and the general public.
5. Advise and inform the Board on progress made in implementing operational activities of the firm.
6. Establish, implement and enforce a robust firm-wide risk management framework and systems (policies, processes, and tools) covering operational risk, market risk and other risks.
7. Coordinate the activities of all departments and operating units of the firm so as to maintain satisfactory progress towards approved objectives.
8. Establish standards for evaluating the progress of the firm and each of its components towards its approved objectives.
9. Understand, support and complement TIB Development’s role in Tanzania’s financial system.
10. Carry out other related duties as may be assigned by the Board from time to time.

Functional and Technical Competencies

A successful candidate must possess among others, the following competencies:

1. Proven leadership and business management skills.
2. High degree of skills, expertise, and integrity.
3. Strong financial management skills.
4. Able to integrate macro and microeconomic policies into the firm’s strategies, policies and procedures.
5. Able to devise and supervise implementation, and monitoring and evaluation of Strategic Plans, other such plans, Vision and Mission and other resources;
6. Strong public image and a person of stature.
7. Thorough understanding of macroeconomic policies, strategies and national development agenda.
8. Knowledge of the complexities of socio-economic development, risk analysis, and forecasting.

Qualifications, Knowledge, and Experience

1. A holder of a Masters Degree or Postgraduate qualifications in Economics, Finance, Business Administration, Accounting or related disciplines from recognized university or institution.
2. Minimum of ten (7) years’ work experience; five (5) years of which must be in a senior management position or manager level at a reputable financial institution.
3. Knowledgeable with equities, fixed income, and advisory business in the financial sector business with a proven success record.
4. Customer oriented team player with strong interpersonal and people management skills.
5. Must be computer literate.

REMUNERATION

Rasilimali Limited offers an attractive remuneration package, career development opportunities and

an excellent working environment.

MODE OF APPLICATION

Qualifying candidates should apply in writing to or lodge their applications at the address below,

enclosing

• An application letter showing how they meet the position’s requirements.
• Comprehensive Curriculum Vitae.
• Copies of relevant Certificates and Awards.
• Contact address including telephone number(s) and/or email address(s) if available.
• Names and full addresses of three referees. 

Closing Date: 18th January 2019

Please address all applications to:

MANAGING DIRECTOR

TIB Development Bank Limited
Mlimani City Office Park
Building No. 3
Sam Nujoma Road
P.O. Box 9373, Dar es Salaam
Tel: +255 222 411101-9, Fax: +255 222 411122
Email: md@tib.co.tz, Website: www.tib.co.tz