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Manager; Regulatory Affairs at NMB Bank
Job Location :
Head Office, Hq
Main Responsibilities:
Recommended:
Risk Management
- Maintain and keep up to date relevant registers necessary for compliance risk monitoring including regulatory liaison, policy tracker, conflicts of interest declarations, gifts and entertainment, etc.
- Engage appropriate business units whenever compliance gaps are identified and determine a plan to address those risks.
- Monitor regulatory developments to identify and escalate the need for new or amended policies and procedures. Keep an updated tracker of the bank’s policies and procedures.
- Proactively look for ways to improve the control environment
- Facilitate, oversee and confirm regulatory obligations self-assessment exercise across the bank.
- Analyze and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive the relevant remediation actions.
- Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes / practices and associated risks, and proactive engagement in regulatory reform.
- Track regulatory issues arising from compliance metrics, assurance activities, audit reviews and regulatory inspections, proving validation of issue closure where necessary.
- Assist in overseeing relevant administration and licensing as per regulatory requirements.
Business
- Identify and keep abreast of new laws and changes to laws and regulations, in order to be up to date with current compliance requirements and work with the relevant stakeholders to perform a gap analysis and assess the business impact of new/amended regulatory requirements and escalate if necessary.
- Assist in reviewing new products, projects, business initiatives, and agreements, monitor and develop compliance profiles of new areas of activities, and create compliance risk matrix for all laws and by-laws, guidelines in which the bank is subject to
- Assist in administering the NMB Code of Conduct and ensure effective management of all Conduct Risks. Provide advice, training, and awareness to staff on all matters relating to NMB Code of Conduct.
- Build and maintain effective and constructive relationships with the business and functional stakeholders that are based on trust, capability and integrity, providing timely, responsive and quality compliance related advice and guidance to enable the bank to meet its strategic objectives.
- Provide advice, analysis (and challenge when appropriate) to the business, including product design, new business initiatives, remedial activities and transactional advice.
- Support relevant stakeholders to make decisions based on current and possible future policies, practices and trends, and provide robust challenges to all relevant business and functions stakeholders where activities are outside of risk tolerance / appetite.
- Work closely with the businesses and functions to provide
timely advice to ensure compliance with all relevant laws, regulations
and internal policies and support the transition to proactive and
preemptive compliance risk mitigations.
Reporting & External Relations
- Assist in preparing relevant Management reports e.g. monthly and quarterly reports to the Management and Board Audit, Risk and Compliance Committee, monthly Risk & Control Committee’s reports and other assigned reports.
- Assist with preparing and coordinating ad-hoc reports on regulatory affairs and compliance as required.
- Support in the development and maintenance of effective and
efficient interaction with regulators and other government agencies,
ensuring bank’s views and interests are well represented.
Regulatory Relationship
- Assist in managing relationships with all the bank’s regulators
- Assist in ensuring that key changes (to laws, rules, regulations) are timely communicated and cascaded to the respective businesses / functions.
- Assist in developing and tracking implementation of the engagement plan with the relevant stakeholders (i.e. Government, Regulators and policy makers).
- Ensure the bank is properly prepared for routine regulatory examinations, audits and supervisory inspections, as well as to managing the responses from the business.
Knowledge and Skills:
- Good understanding of regulatory requirements and expectations, Banking laws, Compliance Risk Management, banks products, bank policies and operational procedures.
- Strong analytical skills and confidence in interrogating data, processes and interviewing stakeholders.
- High degree of professionalism and integrity with demonstrated ability to handle confidential issues in a professional manner.
- Strong ability to communicate at all levels.
- Attention to detail, time management, planning and organizing skills
- Good understanding of the Core Banking System and management systems, banks products, bank policies, operational procedures and operating systems
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Qualifications and Experience:
- Bachelor’s degree in law/ banking/ economics/ finance or equivalent
- Master’s degree in business studies is an added advantage
- Relevant professional certifications or banking certifications will be an added advantage
- Minimum of 4 years of experience in legal, risk, audit, regulatory compliance or financial services.
- Experience in managing and executing a comprehensive compliance-monitoring program end-to-end.
- Experience drafting policies and procedures
- Experience managing regulatory interactions & examinations for a financial services company will be an added advantage.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB 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.
Only shortlisted candidates will be contacted.
Job opening date : 12-Feb-2026
Job closing date : 26-Feb-2026
Product Specialist Debit Cards at NMB Bank
Job Location :
Head Office, Hq
Main Responsibilities:
- Initiate market research to gather market and product intelligence information related to card market mix from competitors and propose approach to cover the gaps.
- Ensure products and releases are launched correctly and on schedule with the effective support from Communication and Marketing departments (effective go to market plan).
- Make creative recommendations to expand product base, usage and tracking of product impact to end user
- Assists in managing vendor relations as they apply to the unit. Monitors service levels and performance. Participate in policy creation, review and implementation.
- Perform end-to-end demonstration of new products and when changes are implemented.
- Conduct card product user acceptance test in collaboration with other stakeholders within the bank
- Assist in the identification of potential risk factors and determine solutions to mitigate exposure.
- Assist in resolving customer issues and escalation to the relevant levels for quick resolution as per financial customer protection regulation.
- Driving card usage, number of active customers to ensure the bank reaches its financial targets.
Knowledge and Skills:
- Knowledge in card scheme and its regulatory framework.
- Business understanding of banking operations, electronic products, product development.
- Greater knowledge of constructing reports, executive summaries, and briefs
- Greater understanding of card product life cycle
- Detailed understanding of consumer behavior, marketing techniques and evolving trends.
- Conversant on card product offering in the Tanzania marketing
- Familiarity with Agile framework
- Excellent communication skills
- Problem-solving aptitude; Creative thinking skills
- Strong Analytical skills; MS Excel proficiency
- Report writing and Presentation skills.
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Qualifications and Experience:
- A bachelor’s degree in Business, IT, economics, Finance or related field.
- Any course or training in product development is an added advantage
- Minimum of 3 years proven hands on experience in Card Products or similar role.
- A background in Card Business or Card Network is mandatory.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.
NMB 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.
Only shortlisted candidates will be contacted.
Job opening date : 12-Feb-2026
Job closing date : 26-Feb-2026
Senior Credit Data Scientist at NMB Bank
Senior Credit Data Scientist (1 Position(s))
Job Location :
Head Office, Hq
Job Purpose:
- To provide competent and reliable support on credit related projects including system development / implementation / enhancements and automation, new credit product designing, Credit Bureau (CRB) services, Credit Scoring Tools, IFRS9 assessment, maintenance of credit risk related models, validation and reporting, etc.
- To deliver a professional service, this includes conducting advanced analytics on NMB’s loan portfolio performance trends and the overall Banking industry in an effort to mitigate credit risk and thereafter make recommendations for management decisions.
- To prepare and ensure availability of analytical reports to all internal and external partners that are involved in credit matters and handling various credit-related queries.
Main Responsibilities:
- Responsible for applying advanced analytical skills and machine learning experience to develop, review, validate and maintain credit risk related models and dashboards for the Bank.
- Responsible for providing proper support and supervision of the IFRS 9 solution particularly on reports preparation, process review, system enhancement and validation.
- Responsible for identifying hotspots, modelling and providing analytical updates regarding internal and external factors that influence NMB’s portfolio performance and Banking industry in an effort of mitigating credit risk exposure.
- Responsible for managing CRB services within NMB Bank regarding monthly data submission, data quality improvement, system enhancements, trainings and handling disputes/queries concerning CRB process on ensuring full compliance in accordance with BOT regulatory requirements.
- Develop and maintain detailed processes and other requirements related to credit risk models.
- Responsible for providing full support by sharing all the required credit reports/information and handling various credit related queries to the internal and external partners including BOT, auditors and other institutions.
Knowledge and Skills:
- A comprehensive knowledge of credit risk models.
- Programming languages e.g. Java, C, SQL, Python, R, etc.
- Business Intelligence & Data analytics.
- Machine Learning Techniques.
- Strong mathematical & numeracy skills.
- Understanding of the reports & data visualizations tools.
- Critical thinking, excellent analytical and creative.
- Communication and presentation skills.
- Ability to priorities, meet deadlines and work under pressure.
- Self-directed work and problem-solving centric attitude.
- Ability to independently research and develop innovative analytics.
- Bachelor’s Degree in Mathematics, Computer Science, Computer Engineering, Data Analytics, Machine Learning or related fields.
- At least 4 years’ experience, preferably in Programing languages including SQL, Python, Scala and Perl; and R; SQL and NoSQL databases; Data mining and manipulation, machine learning algorithms and applications.
- Experience in Credit risk modelling within the Banking industry is an added advantage.
NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce.
Female candidates and people living with disabilities are strongly encouraged to apply for this position.NMB 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.
Only shortlisted candidates will be contacted.
Job opening date : 12-Feb-2026
Job closing date : 26-Feb-2026