New Opportunities at National Micro-finance Bank (NMB)


New Opportunities at National Micro-finance Bank (NMB)



  



JOB PURPOSE
Take a leading role in managing all aspects of Agri loan products with the responsibility of Product strategy, Management, and Agri portfolio P&L to meet agribusiness strategic objectives.
Developing and strengthening the loan product team while developing the long-term strategic direction for Agri Loan Products Portfolio.




RESPONSIBILITIES
Quantify market and customer needs, identify new products and opportunities and develop and execute on a product portfolio marketing strategy.
Develop and implement consumer loan strategies and tactics to drive portfolio growth.
Develop strategic full life-cycle product plans necessary to penetrate the various segments and to appropriately respond to competitive products and services
Identify, implement, and manage appropriate product partnerships to drive revenue growth and market penetration for Agri loan products.
Co-ordinate budget objectives of Agri loan products to ensure targets are achieved as per the approved budget.
Keep abreast with the changes in the agriculture sector in Tanzania and have a broad understanding of agriculture value chains financing, to identify new products and propositions for the sector.
Represent the bank in agribusiness related forums and workshop which is meant to explore opportunities for products development, improvement or partnership to enhance product introduction.
Manage Agri vendors, partnership relationships and contract negotiation with appropriate parties relating to Agri loan products and special projects.
Manage and lead the team including selection, coaching, performance management, and resource allocation
Ensure that customer satisfaction for all Agri loan products offered is achieved and provide accurate selling advice in line with customers’ expectations.
Actively build the capacity of customer-facing team including sales and branch network through on-going product campaign and support in order to ensure quality product delivery process
Maintain relationships with other senior executives in areas that may impact consumer loan product management, such as: Payment and Accounts, Credit team, Agri-Business Banking, Loan Centre and Marketing.
Work closely with key stakeholders to deliver and maintain profitable consumer loan solutions that meet the needs of our clients, ensure revenue growth, market penetration, and financial goals are met.
Timely preparation of reports to management and ensure close monitoring of Agri Loan P&L
Adhere to credit policies and procedures in line with NMB and Regulatory requirements during the product lifecycle
Timely preparation of reports to management and ensure close monitoring of Agri loan P&L
Perform other duties as may be directed or assigned by superior
KNOWLEDGE AND SKILLS
Good credit skills.
Sound understanding of bank’s loan products, policies, and procedures
Knowledge of pricing and fee functionalities and structure applied in agribusiness.
Understanding the latest technologies/innovations applied to the agriculture sector.
A detailed understanding of loan product offerings in the wider financial services industry.
A detailed knowledge of NMB strategy and policies
Good product development, business management, leadership, Coaching, Team building skills.
QUALIFICATIONS AND EXPERIENCE
At least 8 years in project design in the field of agriculture with Financial Institutions, NGO’s dealing with Agriculture or Development Financial Institutions (DFI’s)
At least Eight years of banking experience suitably in agribusiness or related enterprises
Experience with drafting and negotiating; Memorandum of Understandings (MoU’s), Guarantee Frameworks and Partner Agreements
Experience in dealing with International Organizations involved with agriculture sector support and financing.


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