Manager Governance, Risk & Control – Business Banking

About the role

NBC, the oldest serving bank in Tanzania, is looking for a Manager Governance, Risk & Control for its Business Banking division. The role leads and coordinates loan origination and monitoring and acts as First Line of Defense risk management, covering identification, assessment, origination, portfolio monitoring, control and governance of all risks in line with the Bank's risk appetite and regulatory expectations.

Key responsibilities

• Maintain a robust control environment, lead the Risk & Control Self-Assessment (RCSA), and ensure operational risk events are logged, investigated and remediated with root cause analysis
• Monitor Key Risk Indicators and control performance, escalate emerging risks, and drive end-to-end control ownership across business processes such as client onboarding, deal lifecycle, payments and custody investor services
• Lead the 1st Line Assurance Program (control testing, thematic reviews, deep dives) and close control gaps and remediation actions
• Build and lead a high-performing Risk & Governance team, coach and mentor staff, and act as a trusted advisor to business heads
• Own and coordinate first-line management of non-financial risks, lead the Business Risk & Control Committee, and align controls with the Risk Appetite Framework
• Oversee KYC, CDD, ODD and EDD, client onboarding, risk classification, periodic reviews, alerts, sanctions hits, suspicious activity reporting and financial crime controls
• Ensure business adherence to AML/KYC, conduct and client suitability, market and trading conduct, conflicts of interest, regulatory reporting and disclosures, and support regulatory inspections and audits
• Manage first-line engagement with internal and external audit, track issues end-to-end, and deliver risk reporting, dashboards and committee papers

Required profile

• Bachelor's degree in Finance, Business, Risk Management, Law or a related field; Master's degree or postgraduate qualification preferred
• 10+ years of progressive experience in portfolio monitoring, risk, controls, compliance, financial crime or first-line risk management within commercial and investment banking
• Demonstrated first-line risk ownership, governance and control oversight, and experience with internal audit, regulators and second-line functions
• Strong understanding of Business Banking products, including corporate lending, transaction banking and markets activities

Required skills

• Solid knowledge of regulatory requirements, financial crime frameworks and market conduct rules
• Understanding of the Risk Appetite Framework and ability to translate it into practical controls and limits
• Operational risk management, control design, incident management and remediation
• Leadership capability with team development, coaching and capability building