Overview

Reporting to the Business Development Manager, the Business Development Officer MIS & Analytics plays a crucial role in Business Performance and Planning. The Incumbent has the responsibility of providing daily accurate information on business direction through planning and driving MIS processes interpretation of business performance data both financial and non-financial to Business and Credit team.

KEY RESPONSIBILITIES:

• Driving Business Direction – Analytics, data mining MI and performance related analysis.
• Supports in developing the business and credit banking strategy through provision of insightful strategic analysis on financial performance trends, sales productivity analysis, and co-ordination of periodic commentaries from function/division heads, economic analysis and such other relevant macro trend analysis.
• Coordinates compilation for the business segment financial plans/budgets including analytical support of the budget drivers and processes of the plans for business development in connection with the budget owners.
• Challenges business and credit functional budgets to zone levels thereby ensuring that they are realistic and stretching and makes recommendations on functional targets to the Division heads/Director
• Manages the business development segment budgets and financial performance including Income, Cost and Balance Sheet streams highlighting material variances and reporting regularly to the Business development manager, with recommendations for timely strategic actions
• Performs segmented analysis on functions portfolios in connection with finance teams and provides recommendation report on potential business cost/income alignments and/or expansion areas within existing business portfolios thereby influencing strategic plans
• Analyze monthly performance for zones and outstanding, satisfactory, average and below average analysis of business development Officers
• To provide accurate and timely analysis of the business performance, aimed at identifying root causes of variances to budgets and forecasts
• Maintain a clear and objective view of business performance through accurate monthly flash/ forecast, (Dashboards)
• Analyse monthly P&L reports from finance to identify any anomality’s and income leakages

• Generate standard reports summarizing business, financial, or economic data for review and consumption by users, business managers and other relevant stakeholders.

• Collate and analyze business performance monthly data with appropriate commentary and recommendations to drive exceptional business performance
• Supports the functional and segment managers on designing and managing business processes that minimizes income leakages and assist in reviewing business processes to achieve efficiency and cost effectiveness
• Manages and co-ordinates the income collection and cost reduction rigor processes including monitoring of actioning Interest.
• Develop easy to understand MI reports for zones to enable managers to gain deep understanding of their business that will assist them drive growth and profitability.

KNOWLEDGE & SKILLS REQUIRED:

• High degree of knowledge and familiarity with statistical techniques and analytical tools.
• Intimate knowledge and familiarity with banking business, products, customers, bb/sheet and P & L.
• Experienced and knowledgeable on banking technology and businesses and able to quickly assess impact of challenges; change requests etc. to cost and service.
• Excellent Analytical and problem solving skills with strong experience of gathering business requirements and facilitating
• Proactive self-starter; adept at self-management, able to learn new skills and gain technical experience where skill and knowledge gaps have been identified

QUALIFICATION AND EXPERIENCE REQUIRED:

• University degree in Business Administration, Statistics or Economics and relevant professional qualifications in banking, finance, or marketing.
• Minimum of 3 years relevant working experience in a similar position
• Computer literacy and knowledge of new evolving technology systems

MODE OF APPLICATION AND CLOSING DATE:

Job applicants are required to apply for this employment opportunity through; the TADB career portal: https://www.tadb.co.tz/careers/ or send an email to careers@tadb.co.tz

Please note: applicants are required to attach the following for their respective applications:

• Application letter showing how you meet the requirements of the position and the Zone you are applying for
• An up-to-date Curriculum Vitae
• Contacts stating name in full, physical address, telephone numbers, and e-mail addresses of the candidate
• Certified copies of relevant certificates
• Names and full contacts of three (3) referees

TADB is an equal opportunity employer. The Bank does not engage in practices that discriminate against any person employed or seeking employment.

TADB fosters the strength and health of its workforce through a competitive benefits package, professional development, and policies and programs that support a healthy work/life balance.

Join our workforce to make a positive difference for others — and yourself.

Closing date:

Applications should reach the undersigned no later than 4.00 pm on Sunday, 25^th Feb 2024 For further information, please visit the Bank’s website: www.tadb.co.tz

Only shortlisted candidate will be contacted.

Join our workforce to make a positive difference for others — and yourself)