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.
