Tanzania Mortgage Refinance Company Limited (TMRC) is a private sector non-deposit taking financial institution. - TMRC is a Mortgage Liquidity Facility (MLF) for Primary Mortgage Lenders (PMLs). Its purpose is to support PMLs to do mortgage lending by refinancing PMLs' mortgage portfolios on a long term basis.
Report to :Board of Directors and administratively to Chief Executive Officer
Job Description
The incumbent will be responsible for monitoring, evaluating and improving the effectiveness of risk management, internal control, and governance processes in the Company.
Ensure TMRC's operations are in compliance with local legislation, statutory regulations and with internal policies, directives and guidelines;
Co-ordinate preparations of internal audit reports;
Compile quarterly reports to the Board Audit and Risk Committee;
Provide efficient administration of the Internal Audit department;
Advise and consult with appropriate head of departments or units on audit findings;
Formulate and recommend long term and short term plans of the Audit Department;
Conduct special investigations whenever required;
Ensure internal controls are in place and they are working;
Ensure operations are conducted in accordance with approved policies, procedures and guidelines;
Performs financial management auditing to ensure compliance with policies, procedures and guidelines;
Suggest changes to policies and procedures, if any;
Must have thorough understanding of principles and techniques of Risk assessment and risk mitigation skills;
Evaluate potential loss arising from business risks vis-a-vis frequency and severity; ,
Plan, initiate and promote measures for minimizing losses;
Develops internal regulatory norms/standards;
Analyses projections on TMRC's portfolio; and
Performs other duties assigned by the Management
Qualification and Experience
Bachelor degree in Accounting and Finance Economics, Commerce or equivalent qualifications.
Must have audit qualifications such as ACCA or CPA and CIA.
Knowledge and skills in computer applications for auditing purpose.
At least 5 years audit experience in Banks or financial institutions.
Must be very familiar with IFRSIIAS etc.
Well knowledgeable and experienced in banking operations or financial institutions.
Remuneration:
Tanzania Mortgage Refinance Company Limited offers an attractive remuneration package and an excellent working environment.
Report to :Board of Directors and administratively to Chief Executive Officer
Job Description
The incumbent will be responsible for monitoring, evaluating and improving the effectiveness of risk management, internal control, and governance processes in the Company.
Ensure TMRC's operations are in compliance with local legislation, statutory regulations and with internal policies, directives and guidelines;
Co-ordinate preparations of internal audit reports;
Compile quarterly reports to the Board Audit and Risk Committee;
Provide efficient administration of the Internal Audit department;
Advise and consult with appropriate head of departments or units on audit findings;
Formulate and recommend long term and short term plans of the Audit Department;
Conduct special investigations whenever required;
Ensure internal controls are in place and they are working;
Ensure operations are conducted in accordance with approved policies, procedures and guidelines;
Performs financial management auditing to ensure compliance with policies, procedures and guidelines;
Suggest changes to policies and procedures, if any;
Must have thorough understanding of principles and techniques of Risk assessment and risk mitigation skills;
Evaluate potential loss arising from business risks vis-a-vis frequency and severity; ,
Plan, initiate and promote measures for minimizing losses;
Develops internal regulatory norms/standards;
Analyses projections on TMRC's portfolio; and
Performs other duties assigned by the Management
Qualification and Experience
Bachelor degree in Accounting and Finance Economics, Commerce or equivalent qualifications.
Must have audit qualifications such as ACCA or CPA and CIA.
Knowledge and skills in computer applications for auditing purpose.
At least 5 years audit experience in Banks or financial institutions.
Must be very familiar with IFRSIIAS etc.
Well knowledgeable and experienced in banking operations or financial institutions.
Remuneration:
Tanzania Mortgage Refinance Company Limited offers an attractive remuneration package and an excellent working environment.
APPLICATION INSTRUCTIONS:
Qualifying candidates should applying in writing to or lodge their applications at the address below, enclosing the following:
An application letter showing how they meet the post's requirements
Comprehensive Curriculum Vitae
Copies of original certificates and awards to support his/ her credentials
Contact address including telephone number(s) and/or e-mail address(s)
Names and full address of three (3) professional related referees.
Applications should reach the address below on or before 15th May 2015 VIA POST
Managing Consultant
People Dynamics Limited
P.O. Box 11267
Dar es Salaam
Tanzania
An application letter showing how they meet the post's requirements
Comprehensive Curriculum Vitae
Copies of original certificates and awards to support his/ her credentials
Contact address including telephone number(s) and/or e-mail address(s)
Names and full address of three (3) professional related referees.
Applications should reach the address below on or before 15th May 2015 VIA POST
Managing Consultant
People Dynamics Limited
P.O. Box 11267
Dar es Salaam
Tanzania
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