{"id":1926,"date":"2025-07-18T10:00:27","date_gmt":"2025-07-18T10:00:27","guid":{"rendered":"https:\/\/jobs.dataaxisnode.com\/tanzania\/job\/specialist-collateral-governance-and-control-at-nmb-bank\/"},"modified":"2025-10-03T14:26:00","modified_gmt":"2025-10-03T14:26:00","slug":"specialist-collateral-governance-and-control-at-nmb-bank","status":"expired","type":"job_listing","link":"https:\/\/jobs.dataaxisnode.com\/tanzania\/?post_type=job_listing&p=1926","title":{"rendered":"Specialist; Collateral Governance and Control at NMB Bank"},"content":{"rendered":"<p>Job Purpose:<br \/>\nResponsible for developing, implementing, and maintaining policies, frameworks, and procedures for effective collateral management governance. Ensure adherence to collateral documentation standards and regulatory requirements across all collateralized lending.<br \/>\nJob recruitment<br \/>\nCoordinate periodic reviews of collateral processes to ensure alignment with internal controls and risk appetite.<br \/>\nSupport automation and system enhancements to strengthen collateral data integrity and reporting.<br \/>\nPrepare regular reports and dashboards for senior management on collateral trends, exceptions, and policy compliance.<br \/>\nIdentify and mitigate risks related to collateral valuation, legal enforceability, custody, and release processes.<br \/>\nMonitor exceptions and breaches in collateral coverage, margin calls, and facility conditions.<br \/>\nConduct internal control reviews, recommend corrective actions, and track implementation of audit findings.<br \/>\nEnsure segregation of duties is upheld in collateral lifecycle processes to prevent fraud or misappropriation.<br \/>\nLiaise with Credit Risk, Legal, Operations, Relationship Managers, and external custodians to enforce collateral controls.<br \/>\nAct as the primary point of contact for internal auditors, compliance teams, and regulators in collateral governance matters.<br \/>\nCollaborate with relevant teams to ensure policy awareness and operational alignment.<br \/>\nSupport training and awareness programs for business units on collateral management protocols.<br \/>\nReview audit reports from the field team and analyze data to assess the risk levels of collateralization goods.<br \/>\nMonitor trends in commodity prices and the value of collateral ensuring proper collateralization ratios are maintained.<br \/>\nConduct deep dive audits to within the unit, report and track the mitigations plans.<br \/>\nCoordinate and Conduct Risk self-assessment for the department and ensures exceptions are tracked and remediated.<br \/>\nPreparations, tracking and monitoring collateral management Key risks and reporting their thresholds compliance.<br \/>\nTrack and closures audit findings and ensure non- repetitive findings.<br \/>\nKnowledge and Skills:<br \/>\nStrong understanding of collateral types (commodities, real estate, financial instruments), legal enforceability, and banking regulations.<br \/>\nProficiency in control frameworks, risk management, and audit processes related to collateral handling.<br \/>\nExcellent analytical skills and attention to detail, especially in reviewing documentation and process compliance.<br \/>\nSkilled in Excel, collateral systems and reporting tools.<br \/>\nStrong communication, documentation, and stakeholder engagement abilities.<br \/>\nQualifications and Experience:<br \/>\nBachelors degree in Finance, Banking, Agribusiness, Risk Management, Economics, Law, or related field.<br \/>\nMinimum of 3 years\u2019 experience in banking or financial services, with a focus on risk, compliance, or credit operations.<br \/>\nExperience working with collateral systems or secured lending operations.<br \/>\nNMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.<br \/>\nFemale candidates and people living with disabilities are strongly encouraged to apply for this position.<br \/>\nNMB Bank Plc does not charge any fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it.<br \/>\nOnly shortlisted candidates will be contacted.<br \/>\nJob opening date : 17-Jul-2025<br \/>\nJob closing date : 31-Jul-2025<br \/>\nSharing is Caring! Click on the Icons Below and Share<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"https:\/\/careers.nmbbank.co.tz\/nmb_career\/career.aspx","_company_name":"NMB Bank","_company_website":"","_company_tagline":"","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-categories":[],"job-types":[12],"class_list":{"0":"post-1926","1":"job_listing","2":"type-job_listing","3":"status-expired","4":"hentry","5":"job_listing_region-tanzania","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-listings\/1926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/media?parent=1926"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job_listing_region?post=1926"},{"taxonomy":"job_listing_category","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-categories?post=1926"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/tanzania\/wp-json\/wp\/v2\/job-types?post=1926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}