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MANAGER, CUSTODIAL & INVESTMENT SERVICES [DAR ES SALAAM, ILALA]   DETAILS

JOB NAME

Manager, Custodial & Investment Services [Dar es Salaam, Ilala]


POSTED BY: Orient Bank Uganda
REF:ORIENT 51
Date Published:Wednesday, January 18, 2023
Date of Expiration:Monday, July 17, 2023 EXPIRED
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LOCATION OF THIS JOB
 Tanzania |  DAR ES SALAAM, ILALA in Tanzania
INDUSTRY
Financial Services
JOB TYPE
Full-Time
MAIN JOB DESCRIPTION
Location Dar es Salaam, Ilala
Department Consumer Banking
Employment Type Full-Time
Minimum Experience Manager/Supervisor

JOB PURPOSE
1. Responsible for executing the Custodial & Investment Services strategy including the institutional investment business
2. Drive and monitor business growth and initiatives that enhance client relationships whilst ensuring operational efficiency and service delivery.
3. Support Heads of businesses (Consumer & Corporate) in ensuring controls within the business units for all investments are met both regulatory and internal requirements.
4. Support Head of Consumer in driving Instructional Business as part of investment product for the bank.

KEY RESPONSIBILITIES/TASKS
1. Develop and drive the Custodial and Investment Services Strategy
2. Develop and enhance relationships with insurance companies to gain maximum values
3. Contribute towards growth of Non-Interest Income base.
4. Delivery of consistent seamless customer service through maintenance of high service standards, relationship management and partnerships for the Custody business (customers, fund managers, brokers, regulators, administrators, stakeholders).
5. Ensure seamless client on-boarding experience and compliance with set KYC procedures when opening accounts (cash/ securities/ CDS)
6. Enforcement of risk excellence and compliance requirements by coordinating internal and external audits for the unit, to ensure compliance with regulatory, audit and internal controls.
7. Maintain a high level of integrity and ethical standards commensurate with the requirements of market best practice.
8. Manage and mitigate risks associated with Custodial and Investment Services.
9. Ensure technology is fit for purpose and recommend changes / upgrades for the custody system where required.
10. Ensure all regulatory returns and any other information requested by the regulators are accurately compiled and submitted within the stipulated timelines.
11. Ensure prompt and accurate processing of client instructions in compliance with market rules and regulations and agreed deadlines.
12. Providing hands-on assistance to investors, assessing their investment needs and providing them with sufficient market information necessary to make well informed decisions on investments in capital markets across the East African region.
13. Maintaining positive client relationship by focusing on educating the client on investment options available prior to navigating in the capital markets arena

Risk Management:
1. Develop, update and maintain risk procedures and systems with respect to risk identification, risk assessment, risk monitoring, risk mitigation strategies and risk reporting.
2. Ensure effective adoption and utilization of risk management tools
3. Drive remediation of risk management exceptions identified during audit or risk reviews
4. Promote risk management culture

Skills, Knowledge and Abilities
1. Strategic and analytical thinking skills;
2. Excellent communication and interpersonal skills
3. Strong negotiation skills
4. Excellent problem solving and decision making skills
5. Effective Client relationship management
6. Decision making skills.
7. Ability to strategize and interpret long term business plans
REQUIREMENTS FOR THIS JOB
ACADEMIC / PROFESSIONAL QUALIFICATIONS
1. Bachelor’s degree in Corporate Finance/Accounting/Banking or Business studies.
2. International Certification in securities and investment services preferably CISI
3. Securities Industry Certification from Capital Markets and Securities Authority (CMSA).
4. Being a CFA Charter holder or a candidate in the program is an added advantage.

Working Experience Required
• A minimum of 3 years’ experience in the financial markets industry with exposure in Custodial & Investment Services.

ONLY SUCCESSFUL CANDIDATES WILL BE CONTACTED.


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