EMPLOYMENT OPPORTUNITIES
The Bank of Tanzania, an equal opportunity employer and Tanzania’s Central Bank, is looking for suitably qualified young Tanzanian citizens of high personal integrity to fill the following vacant positions at the Head Office, Dodoma, Sub Head Offices in Dar es Salaam and Zanzibar and its Branches in Arusha, Mbeya, Mtwara, Mwanza and Training Institute, Mwanza.1. Position: Bank Officer (entry level) - 13 Posts
Reports to: Head of Division
Contract type: Permanent and Pensionable
Reports to: Head of Division
Contract type: Permanent and Pensionable
To View Form FIVE Selection 2021 CLICK HERE
Job Purpose:
To undertake banking and currency management responsibilities in accordance with laid down procedures.
Key Performance Areas:
a) Handle requests for payments, remittances and transfers from customer and governments;
b) Examine and pay cheques in accordance to the set limits;
c) Sort and microfilm processed payment instruments including cheques, original credit slips and advice;
d) Perform retail banking activities including telling duties;
e) Prepare daily government and commercial banks position reports for decision making purposes;
f) Prepare and generate the Bank’s electronic files to and from clearing house;
g) Reconcile government, commercial banks and other in-house bank accounts;
h) Open and close banks and staff accounts; 2
i) Attend customer inquiries and queries pertaining to banking operations and initiate responses as appropriate;
j) Originate payments as and when instructions are received from appropriate authorities;
k) Handle currency operations tasks such as ledgers, correspondence, documentation, reports and analysis;
l) Initiate acquisition and printing of banknotes and coins;
m) Facilitate distribution of currency to branches and safe custody centers;
n) Handle destruction of punched soiled notes and defaced coins;
o) Perform custodianship duties in the vaults;
p) Prepare currency stock reports and reconciliation statements of cash accounts on monthly basis;
q) Perform other related duties as may be assigned.
Education/Professional Qualifications required:
Bachelor’s Degree in Banking, Business Administration or Finance from accredited institutions with at least upper second class.
Fresh graduate or with experience of not more than three (3) years.
2. Position: Internal Auditor (entry level) - 5 Posts
Reports to: Head of Division.
Contract type: Permanent and Pensionable
To View Form FIVE Selection 2021 CLICK HERE
Job Purpose:
To review, assess and report on the adequacy and effectiveness of internal control systems pertaining to Bank operations and provide recommendations to strengthen the controls systems.
Key Performance Areas:
a) Develop risk–based annual audit plans detailing the scope, nature and timing of audit activities; 3
b) Review the adequacy and effectiveness of internal controls in the area of operations and make recommendations to improve the controls and procedures in place;
c) Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures;
d) Review accounting records and prepare appropriate audit reports;
e) Discuss audit findings and recommendations with line managers and report significant issues to the Management;
f) Evaluate the relevancy, reliability and integrity of management and financial information;
g) Assess compliance with the established policies, procedures and instructions;
h) Monitor implementation of management decisions on audit recommendations;
i) Conduct special audits in cases of suspected financial or operational malpractices;
j) Perform other related duties as may be assigned.
Education/Professional Qualifications required:
Bachelor’s Degree in Accounting or its equivalent from an
accredited institution with at least upper second class.
CPA (T) qualification or its equivalent.
CISA qualifications will be an added advantage.
Fresh graduate or with experience of not more than three (3)years.
3. Position: Bank Examiner (entry level) – 9 Posts
Reports to: Head of Division
Contract type: Permanent and Pensionable
To View Form FIVE Selection 2021 CLICK HERE
Job Purpose:
To analyse and review the financial position and performance of banks and financial institutions and make appropriate recommendations. 4
Key Performance Areas:
a) Carry out analysis and evaluation of applications for banking licences and provide appropriate recommendations;
b) Review periodic reports from banks and financial institutions to monitor performance and financial condition and prepare relevant reports;
c) Conduct on-site examinations and off-site surveillance of assigned financial institutions;
d) Develop and update institutional profile of banks and financial institutions;
e) Provide inputs for the development and review of laws, regulations, circulars and guidelines for banking and financial institutions on various supervisory issues;
f) Prepare learning materials and participate in delivering seminars and workshops to financial institutions on prudential aspects;
g) Perform other related duties as may be assigned.
Education/Professional Qualifications required:
Bachelor’s degree in Accounting or Finance from accredited institution with at least upper second class.
CPA (T) qualification or its equivalent.
Fresh graduate or with experience of not more than three (3)years.
4. Position: Accountant (entry level) – 20 Posts
Reports to: Head of Division
Contract type: Permanent and Pensionable
Job Purpose:
To execute accounting duties in accordance with accounting principles and standards.
To View Form FIVE Selection 2021 CLICK HERE
Key Performance Areas:
a) Prepare, examine and analyse periodic statements of financial position and statement of comprehensive income to assess accuracy, completeness and conformity to reporting standards; 5
b) Monitor and review accounting entries and related system reports for accuracy and completeness;
c) Resolve accounting entries discrepancies;
d) Review and recommend International Financial Reporting Standards (IFRS) which are relevant to the Bank;
e) Reconcile internal and intermediary accounts;
f) Maintain accounting records and prepare accounts and management information;
g) Provide advice and support to internal and external auditors in completing audits;
h) Examine and verify payments;
i) Perform other related duties as may be assigned.
Education/Professional Qualifications required:
Bachelor’s degree in Accounting or Finance from accredited institution with at least upper second class.
CPA (T) qualification or its equivalent.
Fresh graduate or with experience of not more than three (3)years.
5. Position: Financial Analyst (entry level) – 4 Posts
Reports to: Head of Division
Contract type: Permanent and Pensionable
Job Purpose:
To analyse economic, financial markets and political performance in major investment countries and their implications to investments so as to come up with appropriate strategies for portfolio management.
Key Performance Areas:
a) Monitor financial markets developments (money, foreign exchange and capital markets) with a focus on price movements;
b) Conduct systematic analysis of financial markets indicators (interest rates, foreign exchange rates, share price) and identify early warning signals for potential threats to financial system;
c) Conduct research on financial markets indicators to deepen understanding of their impact on stability of the financial system;
d) Prepare financial stability reports;
e) Monitor and analyse developments in the domestic and cross boarder payments and settlement infrastructure and assess impact on the domestic financial system;
f) Monitor financial innovations and assess impact on domestic financial system;
g) Perform other related duties as may be assigned.
Education/Professional Qualifications required:
Bachelor’s degree in Accounting or Finance from accredited institution with at least upper second class.
CFA certification will be an added advantage.
Fresh graduate or with experience of not more than three (3)years.
6. Position: Legal Officer (entry level) – 3 Posts
Reports to: Head of Division
Contract type: Permanent and Pensionable
To View Form FIVE Selection 2021 CLICK HERE
Job Purpose:
To provide legal services and advice to management to enable the Bank to conduct its affairs in compliance with the Act establishing the Bank, other legislation and its internal policies and regulations.
Key Performance Areas:
a) Gather and document all physical related evidence in the crime and fraud scene;
b) Receive and analyse all physical related evidence in the crime and fraud scene;
c) Conduct investigation on workplace crime and fraud and prepare factual reports;
d) Cooperate and make follow-up on investigation conducted by law enforcement agencies to which Bank is party or interested;
e) Take account of crime and fraud scenes through photographs and diagrams to form basis of investigation;
f) Obtain search and arrest warrants from relevant law enforcement agencies;
g) Follow-up investigations on workplace offences and prepare factual reports;
h) Advise Management on approaches, options and consequences relating to conduct of affairs to ensure legal protection of the Bank’s operations;
i) Provide legal opinion and advice to Management on cases and on various legal issues that may arise from time to time;
j) Assess adequacy of existing legal framework within which the Bank operates and advise management on appropriate action;
k) Draft, review and update contracts and agreements relating to the operations of the Bank in collaboration with relevant parties and participate in negotiations where necessary;
l) Initiate and facilitate mandatory registration of legal documents such as title deeds, trust deeds and other instruments;
m) Assess applications and advise Management on licensing and