2 Job Opportunities at Azania Bank Limited – Various Posts Azania Bank is one of the Tier 1 Commercial banks operating in Tanzania which has recorded fast growth in terms of financial position, Branch network, Business expansion and customer outreach through its services delivery channels and customer centric focus and product innovation. After operating an insurance agency for a while, the bank now embarks into bancassurance business whereby it focuses on widening scope of service delivery on insurance business in line with bank’s vision of becoming The One Stop Financial Centre.

• Review and develop daily operational trading strategies plan for currencies, derivatives and fixed income.
• Explore hedging solutions for the bank and clients in commodities.
• Trade derivatives (FX SWAPS. IRS. OPTIONS) to hedge the Bank’s exposure and to generate Income.
• Manage the Banks Foreign Currencies positions and trading activities to ensure compliance with Internal and External Statutory requirements aiming to achieve FX Trading revenue targets.
• Supervise the preparation of Daily Exchange rates to be circulated before the commencement of busi­ness to branches and other business units for their and client’s consumption.
• Forecast and monitor FX and other Commodities price/rate movements in the market and analyze their implications to the Bank’s proprietary trading positions to ensure that it is in line with the trading strategy.
• Limits monitoring such as Net open Position (NOP) and ensure individual currency overnight limits. Stop-loss limits and daily counterparty trading limits are adhered to by traders.
• Ensure that traders adhere to and all trades are done as per the day’s defined currencies trading strategy.
• Liaise with other market participants and implementing initiatives aiming to develop the fixed income market with compliance with regulations and adoption of best practice standards.
• Review and contribute to the enhancement of the various policies and procedures in line with changing business needs.
• Provide oversight of Risk and Compliance in both market and operational risks
• Preparation and circulation of regular reports relating to the FX and Bond Trading issues while also providing inputs for the ALCO pack.
• Establish, enhance and manage relationships with interbank counterparties both local and interna­tional including those with brokers and the Regulator.
• Coach/Mentor and develop junior staff aiming to strengthen the bank’s succession plan

• Bachelor’s degree, preferable Accounting/Economics/Business Administration or a related disci­pline
• Professional Membership with ACl/CPA/ACCA/CFA would be an added advantage.
• More than 5 years’ banking experience
• More than 5 years’ experience in Financial market
• Thorough understanding of banking products and financial instruments.

• In-depth knowledge of Treasury products (FX/Fixed Income/Derivatives & Commodities).
• Well-informed of the market competitive structure, industry practices and regulations for foreign exchange market/Fixed Income /derivative & commodities.
• Excellent interpersonal and networking skills, internally and externally.
• Selling and Negotiation skills.
• Ability to present complex matters in an easily understood yet accurate way
• Knowledge of strategic planning and risk management techniques.

• Articulate
• Hardworking
• Time management
• Strong analytical skills
• Strategic thinking
• Excellent communication skills (verbal, presentations and written)
• Should be able to work independently and as part of the team.
• Self-starter /Passionate / energetic
• Work well under pressure
• High level of Professionalism
• Strong interpersonal skills
• Commitment to excellence

• Carry out work in accordance with Azania Bank Limited policies and procedures.
• Perform the assigned tasks with due diligence
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
• Perform specific duties and responsibilities as may be assigned by management.

• She/he is responsible for advising and optimizing an efficient Balance sheet Structure aiming to drive annual approved ALM revenue and overall bank profitability goals.
• Project review and develop daily, weekly, monthly and quarterly liquidity management plan so as to meet the bank’s operational efficiency while also apprising the management
• Build and manage the bank’s government securities investment portfolio in HTM and AFS buckets to meet regulatory compliance and generation of income.
• Forecasting and planning of both actual and contingent funding while also offering initiatives on alternative funding sources and structures through critical balance sheet analysis.
• Appropriately guide other stakeholders on liabilities growth while also provide competitive pricing within approved limits aiming to grow and retain the bank’s deposits.
• Management and protection of Net Interest Margin (NIM) while proposing interest rates to be used by the bank in interest sensitive assets & liabilities.
• Forecast and monitor interbank market liquidity trends and interest rate movement and analyze their implications to the bank.
• Ensure strict adherence to both internal and regulatory limits and that all trades are done within counterparty limits.
• Review and contribute to the enhancement of the bank’s various policies and procedures in line with changing business needs.
• Provide oversight of Risk and Compliance in both market and operational risks
• Preparation and circulation of regular reports relating to the ALM issues while also providing inputs for the ALCO pack.
• Establish, enhance and manage relationships with interbank counterparties both local and interna­tional including those with brokers and the Regulator.
• Coach/Mentor and develop junior staff aiming to strengthen the bank’s succession plan.

• Bachelor’s degree, preferable Accounting/Economics/Business Administration or a related disci­pline
• Professional Membership with ACl/CPA/ACCA/CFA or a Master’s degree would be an added advan­tage.
• More than 5 years’ banking experience
• More than 5 years’ experience in Financial market
• Thorough understanding of banking products and financial instruments.
• Experience in advanced analytics and Market risk measurement and reporting
• Knowledge and Skills required
• In-depth knowledge of Treasury products (MM. FX/Fixed Income/Derivatives & Commodities).
• Well-informed of the market competitive structure, industry practices and regulations for Money Market. Foreign Exchange Market/Fixed Income/derivative & commodities.
• Excellent interpersonal and networking skills, internally and externally.
• Selling and Negotiation skills
• Ability to present complex matters in an easily understood yet accurate way . Knowledge of strategic planning and risk management techniques.

• Articulate
• Hardworking
• Time management
• Strong analytical skills
• Strategic thinking
• Excellent communication skills (verbal, presentations and written)
• Should be able to work independently and as part of the team.
• Self-starter /Passionate / energetic
• Work well under pressure
• High level of Professionalism
• Strong interpersonal skills .
• Commitment to excellence

• Carry out work in accordance with Azania Bank Limited policies and procedures.
• Perform the assigned tasks with due diligence
• Eliminate waste of whatever form, suggest the use of new practices and contribute to the continuous improvement of the bank.
• Perform specific duties and responsibilities as may be assigned by management