Tanzania Mortgage Refinance Company Limited (TMRC) is a private sector financial institution owned by commercial banks and other housing-related institutions. The purpose of TMRC is to support banks to do mortgage lending by refinancing banks’ mortgage portfolios on a long-term basis. TMRC is a Secondary Market Mortgage Liquidity Facility (MLF) for banks. (www.tmrc.co.tz).

TMRC is hereby inviting applications from suitably qualified candidates to fill in the following vacant position currently existing in the company:

JOB TITLE: Treasury and Investment Manager

 
REPORTS TO: Chief Finance Officer

LOCATION: Dar es Salaam

Overall Job Function

The incumbent will be responsible to oversee company’s budget, financial planning and advice TMRC management on funding and investment strategy.

Key responsibilities;

• Oversee TMRC funding side;
• Ensure use of TMRC funds complies with conditions set by financiers;
• Ensure that fundraising and mobilization complies with relevant laws and regulations;
• Manage TMRC on-balance sheet assets and liabilities optimally to support the business needs;
• Advice management on the implications of strategic and operational plans;
• Advice on budget revision;
• Management of long and short-term cash flow and working capital/liquidity management;
• Design and Implementation of hedging strategies to mitigate financial risks, primarily managing interest rate risk and liquidity management;
• Advising Chief Finance Officer (CFO) on short-term cash surplus investment in money market instruments;
• Manage company borrowing in and investment activity;
• Support long-term capital markets activities, including public debt issuance;
• Ensure compliance with internal controls, policies, and procedures;
• Secretary to TMRC ALCO meetings;
• Develop and monitor treasury operational policy and manual;
• Prepare and deliver presentations to Financiers/ Investors; and
• Perform any other duties as assigned by CFO.

Required Qualifications and experience needed:

• Bachelor degree In Accounting, Finance, Economics, Commerce or equivalent qualifications. Master degree will be added advantage;
• Must be a Certified Public Accountant (CPA) registered with the National Board of Accountants and Auditors in Tanzania (NBAA);
• At least 5 years of experience in Treasury preferably in banks and/or financial institutions;
• Familiar with IPPF and IFRS;
• Well knowledgeable and experienced in banking operations or financial institutions; and
• Managerial experience will be an added advantage

Mode of Application:

Qualified candidates are encouraged to apply online only through hr@tmrc.co.tz indicating the address below and enclosing the following;

• An application letter showing how they meet the position requirements
• Comprehensive Curriculum Vitae
• Contact address including telephone number(s) and/or e-mail address(s)
• Names and full address of three (3) professional related referees.

Closing date:

Applications will be considered valid if sent/received before or by 20th April 2018 Only shortlisted applicants will be contacted

Human Resources & Administration Manager,

Tanzania Mortgage Refinance Company,

P.0 Box 7539,

Dares Salaam.

Tanzania.