New Job Vacancy at Exim Bank Tanzania - March 2025

JOB TITLE: Branch Manager

INTRODUCTION

Exim Bank Tanzania is a major financial institution that serves individuals, SMEs, and corporations with commercial banking services. Taking into consideration an exchange rate of 2,322/45 per US dollar, the bank's total assets were valued at TSh 1.372 trillion (US$590.3 million) as of December 2021, with shareholders' equity at TSh 170.843 billion (US$73.6 million), as stated in the annual report that was published on the bank's website. After Tanzania's economy was liberalised in 1997, a group of businessmen there established EBT. Within its first five months of operation, it supposedly turned a profit. [6] The Comoros, Djibouti, and Uganda were all reported as fully owned banking subsidiaries of EBT as of November 2019. As of March 2016, it had subsidiaries outside of Tanzania, making it the first indigenous Tanzanian bank to do so. The bank formed the Exim Bank (East Africa) Group, a regional banking and financial services organisation, in April 2010 after receiving authorisation from the Bank of Tanzania to set up subsidiaries in Djibouti and Zambia. After rebranding as Exim Bank (Uganda) Limited in March 2016, EBT bought out 58.6% of Imperial Bank (Uganda) Limited. [8] Exim Bank Tanzania took over United Bank Tanzania Limited's operations and assets in November 2019. United Bank Limited is a Pakistani bank with a Tanzanian affiliate. The combined assets of Exim Bank Tanzania and First National Bank of Tanzania reached TSh 2.4 trillion (US$1.033 billion) in July 2022.
Position Summary
To achieve the financial goals of the branch's retail and SME divisions by making use of a first-rate system for managing sales and services, as well as the products already in place. To work closely with the Central Operations Unit to operate and maintain a smooth-running and operationally efficient branch that conforms to the financial institutions and BOT's regulations, rules, and guidelines published from time to time. Meeting the needs of business clients is part of this.
Positions and Duties
• Recognising the requirements of clients and creating plans and solutions to fulfil those requirements.
• Take full responsibility for the smooth operation of the branch, the achievement of outstanding financial results, and the development and inspiration of a team that delivers first-rate service to local customers.
Driving sales of business products (CASA and fee growth), as well as customer service, while also supervising branch operations, compliance, and control, will be your principal job.
Understand your clientele thoroughly, and remain vigilant for opportunities to strengthen your relationships with them.
• Achieve results in line with business and sales targets.
• Find ways to attract new clients and strengthen ties with those you already have.
• Hands-on in making sure the branch runs well and employees are productive.
Maintaining accurate and up-to-date records of all transactions, including interbank transactions, and operating and maintaining the integrated systems fall under this responsibility.
• Write up reports for management on a regular basis and as required by law.
• Know the ins and outs of financial security-related branch control processes.
• Take charge of solving difficult problems, coordinating with coworkers in different departments to ensure customers have a smooth experience
• Encourage a service culture by providing mentoring, direction, and inspiration to employees while maintaining excellent relationships with customers.
• Get involved in local events to raise the bank's profile and encourage potential customers to do business with the institution
• Under the Cluster Head's direction, carry out additional responsibilities when the MCSOP/Ops Manager is not available.