Chief Operating Officer (Tanzania)

ExecutivePlacements.com - The JOB Portal; Durban; On-site; USD 100,000 - 150,000; Full time

Job summary

A leading company in the banking sector seeks a COO to oversee operations in Tanzania. The ideal candidate will have extensive experience in banking management, driving growth and compliance, with a strong focus on customer satisfaction and strategic development. This full-time position offers competitive benefits and opportunities for both personal and business growth.

Qualifications

• 10+ years in banking, with 5 years in senior management.
• Proven COO experience or managerial positions.
• Familiarity with marketing, PR, sales.

Responsibilities

• Oversee daily operations in various departments.
• Lead strategies for performance and growth.
• Ensure compliance with laws and standards.

Skills

Corporate finance

Performance management

Interpersonal skills

Public speaking

Decision-making

Problem-solving

Leadership

Communication

Education

Master’s degree in Business Administration

Professional certifications (CFA, CPA)

Job description

Recruiter:

Network International

Job Ref:

NWI002420/Nikki

Date posted:

Tuesday, June 17, 2025

Location:

Tanzania, South Africa

SUMMARY:

The COO will be responsible for overseeing the bank's ongoing operations and procedures. Position is in Tanzania and expats are welcome!

POSITION INFO:

Role's Purpose:

They will be a key member of the senior management team, reporting only to the CEO. The goal of the COO position is to secure the functionality of business to drive extensive and sustainable growth.

Key Responsibilities:

Operational Management:

• Oversee daily operations of the bank including IT, HR, Regulatory Compliance, Customer Service, and other departments.
• Design and implement business strategies, plans, and procedures.
• Set comprehensive goals for performance and growth.
• Establish policies that promote company culture and vision.
  
  

Leadership and Team Development:

• Lead employees to encourage maximum performance and dedication.
• Evaluate performance by analyzing and interpreting data and metrics.
• Manage relationships with partners/vendors.
  
  

Financial Oversight:

• Assist CEO in fundraising ventures.
• Participate in expansion activities (investments, acquisitions, corporate alliances etc.).
• Manage the operational budget and perform regular financial analysis to maintain cost-efficiency.
  
  

Compliance and Risk Management:

• Ensure all operations adhere to laws, guidelines, and standards.
• Develop and implement risk management strategies.
• Oversee regulatory reporting, frequently liaising with the regulatory bodies.
  
  

Customer Focus:

• Enhance customer satisfaction through the improvement of service delivery.
• Develop strategies to expand the customer base and increase customer engagement.
  
  

Strategic Planning:

• Collaborate with the CEO in setting and driving organizational vision, operational strategy, and hiring needs.
• Translate strategy into actionable goals for performance and growth.
  
  

Required Qualifications:

• Master’s degree in Business Administration, Finance, or related field.
• Professional certifications (e.g., CFA, CPA) are an added advantage.
  
  

Experience:

• Minimum of 10 years of experience in the banking industry, with at least 5 years in a senior management role.
• Proven experience as COO or in other managerial positions.
• Experience in developing profitable strategies and implementing vision.
• Familiarity with diverse business functions such as marketing, PR, sales, etc.
• In-depth knowledge of corporate governance and general management best practices.
  
  

Skills:

• Strong understanding of corporate finance and performance management principles.
• Familiarity with Tanzanian banking regulations and compliance.
• Excellent interpersonal and public speaking skills.
• Aptitude in decision-making and problem-solving.
• Strong leadership and organizational abilities.
• Effective communication and people skills.
  
  

Personal Attributes:

• Strategic thinker with an eye for detail.
• High level of integrity and dependability with a strong sense of urgency and results-orientation.
• Innovative and forward-thinking and excited about digital transformation.
  
  

Working Conditions:

Full-time position based in Tanzania.

May require occasional travel to branch locations and regulatory meetings.

How to Apply:

If you meet the above requirements, please send your resume DIRECTLY to:

If there is no reply within two weeks, please assume that your application for the vacancy was unsuccessful. Your profile will be kept on our database for any other suitable roles / positions.

We also invite you to reach out to us to discuss your next finance career opportunity!