JOB SUMMARY:
The Director of Strategic Planning will be responsible for monitoring of Strategic Risk, setting short and long term stretch goals, measures, targets, activities and timeline for all directorates in line with the Strategic and Business plans of the bank.
Reporting Line: Directly to Chief Executive Officer. Locations: Head quarters Work Schedule: As per TPB Staff regulations Salary: Commensurate to the Job Advertised
Essential Duties and Responsibilities:-
Strategic management functions:
- Assist Chief Executive Officer in driving the vision and strategic direction for the bank
- Responsible for Formulating Overall Strategy
- Responsible for Formulating Actionable Goals
- Work with all the departments to drive operational efficiency and excellence
- He/she will be responsible for coordination and development of the short and medium terms strategic plan
- Responsible for coordination and development of annual business plan, strategies, implantation and monitoring
- Prepare timely period reports and /or Board papers on the performance and implementation of the strategic plan and ensure that such papers are submitted to the relevant authority within the required time
- Conduct business case analysis of the new markets, solutions and products
- Develop and recommend research proposals to the Board for approval
- Coordinate and spearhead the process of soliciting donors and other sources for funds to implement projects of the bank
- Overseeing the Implementations of a mission & vision of the Bank:
- Setting the vision of future position of the Bank,
- Provide high-level coordination and technical expertise to ensure effective management of the strategic planning process to ensure effective implementation of the new strategy
- Designing and implementing a business planning framework to support the implementation of our Strategic Plan,
- Managing the development of a new business and financial model aligned to the new strategy
- Managing the design, monitoring and reporting of key organizational performance measures including financial performance
- Provide information and analysis ensuring fullest use is made of internal and external data sets
- Preparation of a portfolio of projects for implementation of the mission,
- Implementation of the mission and objectives of the Bank.
Formulation of rules defining the competitive position in the Bank's political, legal, economic, social, technological and natural environment:
- Determination of reasons for the existence in business environment,
- Identification and analysis of environmental variability (i.e. using PEST analysis),
- Understands the complexities of political dynamics and uses this to manage relationships and resolve conflict effectively
- Ensures the organization balances effective risk management with the need for timely actions
- Forecasts of future state of the Bank environment,
- Identification of opportunities and threats,
- Determination of the Bank resources and its changes,
- Simplification of Bank policy,
- Implementation of Bank policies.
Developing a strategy for the Bank as a whole
- Identification of policy options,
- Deciding on the criteria for evaluation of policy options,
- Analysis and selection of optimal policy option, Translating policy to functional strategy of Bank.
Oversee Business Development of the Bank
- Innovate and offer new ideas and approaches for developing the Bank, building relationships with other prospective business partners and with other networks and members where appropriate.
- Develop and deliver the strategy for the Bank’s new business development, marketing and communication, appropriate to need and responsive to opportunity, in close collaboration with the Chief Executive Officer and the Board of Directors.
- Align the strategy with that of the Bank and other programs, seeking to maximize effectiveness through collaboration
- Research into relationships that should be developed and manage effective partnerships with both existing and new key corporate partners, NGOs, government, media and funders.
- Stay appropriately networked and keeps abreast of trends, news, events and deadlines, so that all possible, new or enhanced opportunities are exploited.
Partner Liaison, Fundraising and Communication
- Initiate and manage existing and potential strategic corporate and media relationships, together with the Chief Executive Officer and the Board of Directors
- Work effectively across the Bank to identify current funding requirements for core activities and specific projects from foundations, trusts and government. Take responsibility for contributing to an annual fundraising target
KEY RESULTS AREA:
- Monitoring and evaluation of the annual business plan.
- Donor funding obtained.
- Regulatory approvals for outlets.
- Analytical insights that improve business performance.
- Provide strategic management support to Chief Executive Officer.
- Managing stakeholder relations.
KEY RELATIONSHIPS
- Internal: All TPB Staff
- External: Regulators/ Customers/Clients
AUTHORITY LEVELS
As per delegated authority.
EDUCA TION AND EXPE RIENCE REQUIRED
EDUCATION: holder of a Master degree in Economics, Finance, Banking or Business Administration or related disciplines. He/She should be computer literate with excellent command of excel and word processing. Knowledge of banking or possession of Associate ship TIOB professional Diploma will be added advantages.
EXPERIENCE work experience and exposure to business management for not less than five (5) years in senior positions.
SKILLS / ATTRIBUTES:
- Strong leadership & people management skills
- Prioritize Tasks
- Team player
- Works with a positive outlook and a good sense of humor
- Able to deal with a wide-range of individuals and culture
The position will attract a competitive salary package, which include benefits.
Apply Online Through
Applicants are invited to submit their resume (indicating the position title in the subject heading) via e-mail to: recruitment@postalbank.co.tz. Applications via other methods will not be considered. Applicants need to submit only the Curriculum Vitae (CV) and the letter of applications starting the job advertised. Other credentials will have to be submitted during the interview for authentic check and other administrative measures and should not in any way be attached during application.