Monday, February 18, 2019

Jobs at DCB Commercial Bank, February 2019: Chief Operations Officer

Jobs at DCB Commercial Bank, February 2019: Chief Operations Officer
DCB Commercial Bank was formed following an outcry of Dar es Salaam residents on the lack of capital as the major obstacle faced by micro entrepreneurs in their effort to improve their businesses. The bank was registered in 2001 as Dar es Salaam Community Bank Limited, the primary objective being carrying out micro finance banking dedicated to financing poverty alleviation programs. The Bank of Tanzania granted a banking license in 2002 to carry out banking business as a Regional Unit (community) Bank. Nafasi za kazi February 2019

In 2013, the bank uplifted its license from Regional Unit Bank to a fully-fledged Commercial Bank. The bank has since then rebuilt its presence in the market by reviewing and aligning its branch network to a commercial set up, appropriately repositioning the existing branches and opening the Dodoma branch in 2017. The entire five year transformation exercise has seen DCB Commercial Bank PLC moving into a very competitive and well established bank ready to serve its potential market niche in the medium and long term basis. Nafasi za ajira February 2019

The Bank is recruiting for the position of Chief Operations Officer to manage its IT and Operations department.

Chief Operations Officer

The role reports directly into the Managing Director, a senior role in the organization. The incumbent in the role will be responsible to oversee the Information Technology(IT) and BackOffice Operations demonstrating strong leadership in line with the values of the Bank. He will be responsible to formulate the departmental strategies and accountable for implementation.

The purpose of the role is to ensure smooth, efficient and convenient IT and Back office operations to provide excellent support to the business.

Duties and Accountabilities

Information Technology
Provide strategical advise to management on technological solutions.
Identifying computerization requirements for the various Units/Departments in the bank.
Presenting to the Management the technical solutions required for approval and eventual recommendation to the Board of directors.
Recommending to the Management appropriate computer hardware and software for adoption by the bank.

Reviewing the computer systems from time to time, with a view to ensuring that they are compatible with the established polices and procedures.
Ensuring that back-up computer diskettes/tapes are kept in a safe place, preferably in another bank.
Ensuring that the systems are efficient in supporting banking activities.
Ensuring proper security of sensitive data.
Managing system downtime to maintain efficient and convenient customer service.

Develops and reviews back office operations & IT policies and procedures, controls and standards with a view to enable delivery channels of various products meet customer expectations.
Providing cost effective control and governance of Information Technology (IT) to ensure that IT systems are well managed to support the business.
Ensures compliance with all relevant regulatory framework, Bank operations policies, standards and guidelines.
Ensures that operational risks within branches are minimized and systems and processes are in place to monitor and eliminate risks across all areas of branch operations.

Reviews manual and automated banking operations with a view to ensuring that they are compatible with the established policies and procedures.
Coordinates closely cash management issues including liquidity for banking operations purposes.
Coordinates the supervision of alternative channels operations and related financial Management operations.
Advises Risk Management Unit and business departments on policies and procedures that need to be reviewed for the purpose of minimizing risks and promoting operational efficiency.
Develops and reviews operational processes that will ensure proper, adequate and safe maintenance of all branch banking transaction records

Able to manage organizational level projects from planning to implementation
Works with all Business departments and units to evaluate and develop operational plans that effectively support the goals and objectives of the business products and achievement of the overall business objectives of the organization
Performs any other related duties as assigned by the managing director

Job Holder Specifications
A masters degree or a Bachelor degree in Information Technology
Any other degree in Finance or Banking will be an added advantage.
Highly experienced in IT systems and demonstrating knowledge in innovative IT solutions.
Adequate knowledge of banking and back-office operations including treasury back-office, clearing, reconciliation
Proven experience in senior management roles of not less than 5 years.
Excellent project management skills
Excellent communication and interpersonal skills
Strong leadership and management skills

Mode of Application:
Applications should include the following:
Application letter signed by the applicant clearly indicating contact details
Professionally documented Curricullum Vitae
Name of 3 referees with detailed contacts
All interested applicants please submit your applications to:

The Chief Manager-Human Resource and Administration
DCB-Commercial Bank
Magomeni Mwembechai-DCB House
Morogoro Road
P.O.Box 19798
Dar es salaam
Or email to

Deadline to receive applications is on the 28th of February 2019
Only shortlisted candidates will be contacted.

Thanks for reading Jobs at DCB Commercial Bank, February 2019: Chief Operations Officer

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