Bank of India is a leading Public sector Bank in India and completed 105 years in 2010. It has network of 3200 Branches in India and 29 Overseas Branch/Offices almost in all continents of the world. It has already crossed Business mix of 90 Billion USD with Net Profit of 390 Mill USD as on year ended March 2010.
Bank of India opened its subsidiary in Tanzania and started actual operations in Dar ' es Salaam in June 2008. Bank of India (Tanzania) Ltd, a subsidiary of Bank of India
Qualifications/Experience
1. A graduate in any discipline preferably in Banking/Finance/related field.
2. Good computer application skills
3. Good analytical skills or experience in preparation of various Risk Management Reports• for the Board and various Committees of the Board
4. Preference will be given to the candidates having relevant experience.
Duties/Responsibility
1. Responsible for strengthening the comprehensive Risk Management system in the Bank.
2. Minimize the probability of inappropriate losses due to various risks the Bank is exposed.
3. Maximize expected return through more optimal capital allocation.
4. Facilitate a comprehensive view of the Banks risks aligned with the Banks strategy and opportunities.
5. Design and implement business processes tied to the Risk Management mission and objectives.
6. Define and develop the analytical tools needed to measure risk includding performance pleasurement, methodology and key performance indicators.
7. Design and implement system enhancements (for existing systems) and new Risk Management systems.
8. Risk associated with all products and services offered by the Bank will be covered for the assessment/management of risks.
9. Preparation of quality risk management Reports to various manageement committees.
10. Ensuring compliance with statutory requirements and playing a key influential role towards the formulation of Industry Policies and stanndards in liaison with regulatory authorities.
11. Effectiveness of Ris,k Management Units infrastructure & systems (Policies, Processes, Procedures & tools) in achieving compliance requirement, optimal efficiency, resource utilization and cost containnment.
Qualification/experience
1. Graduates/Diploma holders in Banking/Finance/Accountancy or any other related field or Advance Certificate of Education (Form VI) with 3 years experience in a Banking/Financial Institution.
2. Must be Computer literate
3. Fluency in both written and spoken Kiswahili and English.
Duties/Responsibilities
1. Basically all work related to routine operations in banking expected of a ClerkiCashierlTeller/Receptionist including tasks as under.
2. Attending Customer's queries and directing customers to the proper departments/Officials. .
3. Preparation and posting of vouchers relating to cash, transfer and clearring pertaining to all Departments like cash, credit, deposits, foreign exchange, Treasury etc.
4. Ensuring that the clearing operations are carried out in time bound and planned way.
5. Payout and record cash transactions in accordance with the set proce- dures such as teller Cash payment limits, proof of identity etc.
6. Be responsible/accountable for the banks cash at all time.
7. Receive cash and cheques deposited and record the appropriate entries.
8. Pay foreign exchange cash and record the same.
9. Exercise professional care by being vigilant and establish validity.
Application mode:
Eligible candidates may apply for abovementioned vacancy so as to reach us on or before 15 October 2010. Candidates are required to submit their detailed CV including name and addresses of three referees and attached copies of their certificates regarding date of birth, educational qualification & experience. Application in closed envelope should be marked "Application for.....Post".
Only Shortlisted candidates will be called for personal Interview/discussion. No travelling or any allowance is payable for attending interview. Please note importantly that; canvassing in any form will lead to disqualification/rejection.
No correspondent will be entertained from the candidates not shortlisted/rejected. Eligible candidates may apply to: The Managing Director Bank of India (T) ltd Maktaba Street P.o.Box 7581 Dar as Salaam.
Bank of India opened its subsidiary in Tanzania and started actual operations in Dar ' es Salaam in June 2008. Bank of India (Tanzania) Ltd, a subsidiary of Bank of India
Qualifications/Experience
1. A graduate in any discipline preferably in Banking/Finance/related field.
2. Good computer application skills
3. Good analytical skills or experience in preparation of various Risk Management Reports• for the Board and various Committees of the Board
4. Preference will be given to the candidates having relevant experience.
Duties/Responsibility
1. Responsible for strengthening the comprehensive Risk Management system in the Bank.
2. Minimize the probability of inappropriate losses due to various risks the Bank is exposed.
3. Maximize expected return through more optimal capital allocation.
4. Facilitate a comprehensive view of the Banks risks aligned with the Banks strategy and opportunities.
5. Design and implement business processes tied to the Risk Management mission and objectives.
6. Define and develop the analytical tools needed to measure risk includding performance pleasurement, methodology and key performance indicators.
7. Design and implement system enhancements (for existing systems) and new Risk Management systems.
8. Risk associated with all products and services offered by the Bank will be covered for the assessment/management of risks.
9. Preparation of quality risk management Reports to various manageement committees.
10. Ensuring compliance with statutory requirements and playing a key influential role towards the formulation of Industry Policies and stanndards in liaison with regulatory authorities.
11. Effectiveness of Ris,k Management Units infrastructure & systems (Policies, Processes, Procedures & tools) in achieving compliance requirement, optimal efficiency, resource utilization and cost containnment.
Qualification/experience
1. Graduates/Diploma holders in Banking/Finance/Accountancy or any other related field or Advance Certificate of Education (Form VI) with 3 years experience in a Banking/Financial Institution.
2. Must be Computer literate
3. Fluency in both written and spoken Kiswahili and English.
Duties/Responsibilities
1. Basically all work related to routine operations in banking expected of a ClerkiCashierlTeller/Receptionist including tasks as under.
2. Attending Customer's queries and directing customers to the proper departments/Officials. .
3. Preparation and posting of vouchers relating to cash, transfer and clearring pertaining to all Departments like cash, credit, deposits, foreign exchange, Treasury etc.
4. Ensuring that the clearing operations are carried out in time bound and planned way.
5. Payout and record cash transactions in accordance with the set proce- dures such as teller Cash payment limits, proof of identity etc.
6. Be responsible/accountable for the banks cash at all time.
7. Receive cash and cheques deposited and record the appropriate entries.
8. Pay foreign exchange cash and record the same.
9. Exercise professional care by being vigilant and establish validity.
Application mode:
Eligible candidates may apply for abovementioned vacancy so as to reach us on or before 15 October 2010. Candidates are required to submit their detailed CV including name and addresses of three referees and attached copies of their certificates regarding date of birth, educational qualification & experience. Application in closed envelope should be marked "Application for.....Post".
Only Shortlisted candidates will be called for personal Interview/discussion. No travelling or any allowance is payable for attending interview. Please note importantly that; canvassing in any form will lead to disqualification/rejection.
No correspondent will be entertained from the candidates not shortlisted/rejected. Eligible candidates may apply to: The Managing Director Bank of India (T) ltd Maktaba Street P.o.Box 7581 Dar as Salaam.
