Job Opportunity at TIB Rasilimali Limited, Director General

Job Title: Director General (Re-advertise)
TIB RASILIMALI LIMITED (formerly known as RASILIMAL I LIMITED) is a wholly owned subsidiary of TIB Development Bank Limited. It is a Securities Brokerage and Advisory firm licensed by the Capital Markets and Securities Authority of Tanzania and a licensed member of the Dar es Salaam Stock exchange.
TIB Rasilimali Ltd is seeking to employ a qualified and skilled person to fill the following available vacancy.

Nature and Scope
The Director-General shall be the Chief Executive Officer responsible for the day-to-day management of the firm. He/She will be responsible for the provision of a dynamic and strategic leadership, vision and direction of the firm, ensuring appropriate outreach and profitability while providing high-quality services.

  • Duties and Responsibilities
  • Oversee effective and efficient implementation of the firm’s short, medium and long-term plans, and enforcement of relevant legislation, rules and regulations pertaining to Capital Markets and related services.
  • Provide direction and leadership towards the achievement of the firm’s Vision, Mission, and Strategic Strategies, Objectives and Deliverables profitably.
  • Oversee the designing, promotion, and delivery of quality products and services by the Prudently manage utilization of the firm’s resources within the approved budget, guidelines, policies, laws and regulations.
  • Ensure that the firm consistently presents strong and positive image to stakeholders and the general
  • Advise and inform the Board on progress made in implementing operational activities of the firm.
  • Establish, implement and enforce a robust firm-wide risk management framework and systems (policies, processes and tools) covering operational risk, market risk and other risks.
  • Coordinate the activities of all departments and operating units of the firm so as to maintain satisfactory progress towards approved objectives. Establish standards for evaluating the progress of the firm and each of its components towards its approved objectives.
  • Understand, support and complement TIB Development’s role in Tanzania‘s financial system.
  • Carry out other related duties as may be assigned by the Board from time to time.

Functional and Technical Competencies

  • A successful candidate must possess among others, the following competencies:
  • Proven leadership and business management skills.
  • High degree of skills, expertise, and integrity.
  • Strong financial management skill
  • Able to integrate macro and microeconomic policies into the firm’s strategies, policies, and procedures.
  • Able to devise and supervise implementation, and monitoring and evaluation of Strategic Plans, other such plans, Vision and Mission and other resources;
  • Strong public image and a person of stature.
  • Thorough understanding of macroeconomic policies, strategies and national development
  • Knowledge of the complexities of socio-economic development, risk analysis and

Qualifications, Knowledge, and Experience

  • Holder of a Masters Degree or Postgraduate qualifications in Economics, Finance, Business Administration, Accounting or related disciplines from recognized university or institution.
  • Minimum of ten (10) years work experience; five (5) years of which must be in senior management position or manager level at a reputable financial institution.
  • Knowledgeable with equities, fixed income, and advisory business in the financial sector business with a proven success
  • Customer oriented, team player with strong interpersonal and people management skill
  • Must be computer literate.

Rasilimali Limited offers an attractive remuneration package, career development opportunities and an excellent working environment.

Qualifying candidates should apply in writing to or lodge their applications at the address below, enclosing
An application letter showing how they meet the posit ion’s requirements.
Comprehensive Curriculum Vitae.
Copies of relevant Certificates and Awards.
Contact address including telephone number(s) and/or email address(s) if available.
Names and full addresses of three referees

Closing Date: 18th January 2019 Please address all applications to:

TIB Development Bank Limited, Mlimani City Office Park Building No. 3
Sam Nujoma Road
P.O. Box 9373 Dar es Salaam
Tel: +255 222 411101·9 I Fax: +255 222 411122
Email: Website:


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