NBC is the oldest serving bank in Tanzania with over five decades of experience. We offer a range of retail, business, corporate, and investment banking and wealth management products and services.
Job Description​
Debt Capital Markets 40 %
- The creation of capital market issuances.
- End-to-end management of issuance proposals via in-country and group governance.
- Lead engagements with transaction advisers and partners to achieve successful issuances on the best terms possible.
- Lead engagements with relevant regulators to obtain support and approval.
- Work in coordination and alignment with the ALM, Capital Management, and Liquidity Management functions.
- Collaborate with coverage teams to drive appetite scoping, market intelligence, and investor engagement.
- Create pitches and advertising materials in coordination with marketing.
- A partner of Investment Banking that provides custody, registry, and other transaction advising services.
- To discover lessons and opportunities, conduct research and analysis on debt issuance activity in various markets.
- Ensure that continued listing obligations, as well as other capital market laws and regulations, are met.
ESG 40%
- Identify and raise ESG financing to assist qualified initiatives.
- Collaborate with in-country and group stakeholders to create frameworks, rules, standards, and guides for ESG financing.
- Work with diverse partners and stakeholders to establish a bank-wide understanding of ESG and compliance to relevant standards.
- ESG Stakeholder Mapping
- Increase bilateral ESG financing.
- Create an ESG-compliant funding pipeline for clients, projects, and assets in partnership with coverage.
- In partnership with coverage, assess the success of sustainable initiatives and offer frequent reports on the usage of proceeds and their impact.
- Originate ESG bonds, lead successful issuances, and ensure compliance with the use of revenues.
- Lead discussions with advisers and second opinion providers, as well as confirmation of compliance with the guiding principles/framework.
- Grant management
- Develop process flows/maps for ESG products.
Long-Term Finance 5%
- In coordination with ALM, liquidity management, capital management, finance, and business units monitor and assess the bank’s medium- and long-term funding requirements, as well as formulate financing plans.
- Obtain local and foreign currency financing from local and international lenders on the best conditions possible.
- Regularly assess current debts and other financing on the balance sheet to ensure that the cost of funds supports the bank’s goals.
- Investigate and implement measures/options for reprice/redeem financing that is not competitively priced.
- Work with coverage to ensure Lender KYC, DD, NDAs, and other papers are completed as required.
- Continue to enhance the number, amount, and duration of credit and borrowing lines that local and foreign banks have granted to NBC.
- Identify additional capital sources to diversify the balance sheet and pursue talks on pricing and covenants.
Values 5%
The incumbent is expected to display the values of trust, resourcefulness, stewardship, and courage in everything they do.
Other Responsibilities
- Be part and team player in ALM, Liquidity Management and Capital Management.
- On ad-hoc basis, be flexible and ready to take on other Funding and Treasury-related duties.
- Any other responsibilities that may be allocated by Head of Treasury.
Minimum Qualifications Required:
- Bachelor Degree in Finance, Business, Economics or related field.
Preferred Qualifications
- CISI Certification by CMSA
- ESG-related certification
- Other Capital Markets or Investment Certification
Minimum Experience Required
- Minimum of 5 years experience in Debt Capital Markets or related function with some exposure in Treasury function.
- In-depth understanding of global financial markets, financial instruments, and capital structures.
- Excellent knowledge of global Environmental, Social, and governance trends, challenges and opportunities
- Familiarity with corporate debt markets and instruments.
Preferred Experience
- Transaction advisory experience
- Bond Issuance and Listing Experience
- ESG Finance Experience
- An in-depth experience of the fundamentals of financial markets
- Proven track-record in client advisory on DCM and the topic of ESG/sustainable finance.
Knowledge & Skills required
- Knowledge of ESG issues, particularly those related to sustainable finance.
- Project Management Experience: shown ability to lead and manage projects, particularly those involving finance and capital markets efforts.
- Capability to plan, coordinate, and pursue many initiatives concurrently.
- Knowledge of the Tanzanian regulatory framework on capital markets and ESG
- Self-starter and results-oriented.
- Excellent verbal and written communication skills for effectively communicating with stakeholders and managing relationships.
- Positive and lively.
- Superior analytical capabilities.
Read also: 14 Vacancies Open at National Sugar Institute (NSI)
Qualifications:
Analytical Thinking: Advanced (Completes all prerequisites), Bachelor’s degrees and advanced diplomas in business, commerce, and management studies. Decisiveness (meets all conditions), Digital familiarity (meets all of the standards), entrepreneurial thinking, Experience in a similar context at the junior specialist level. Investment Management (meets all requirements), Openness to change (Meets some of the characteristics but requires more improvement).