Senior Manager; Parastatals

NMB Bank Plc Hiring Senior Manager; Parastatals

NMB Bank Plc is seeking an experienced banking professional for the position of Senior Manager; Parastatals in Dar es Salaam. The role focuses on growing and managing the bank’s Parastatal Schemes Portfolio within Personal Banking, with particular emphasis on salaried-worker lending, deposits, customer acquisition, portfolio quality, and profitability.

The successful candidate will be responsible for developing business strategies, managing relationships with parastatal institutions, leading Relationship Managers, and identifying opportunities to expand NMB’s presence within government and parastatal organizations. This is a senior commercial and relationship-management position requiring strong banking experience, leadership capability, and a solid understanding of institutional lending.

Responsibilities

• Develop and implement the Parastatal Schemes business strategy.

• Drive growth in Salaried Workers Loans (SWL), deposits, customer acquisition, income, portfolio quality, and profitability.

  

• Identify, negotiate with, and onboard new parastatal institutions.

• Increase business penetration within existing parastatal schemes.

• Build and maintain relationships with senior decision-makers in parastatal institutions.

• Lead, coach, and manage Relationship Managers handling parastatal accounts.

• Improve sales-force productivity and overall team performance.

• Monitor portfolio quality, credit risk, payroll deductions, and loan performance.

• Conduct regular portfolio performance reviews and recommend improvement strategies.

• Promote ESS and other digital channels to improve service delivery and portfolio growth.

• Lead the development of value propositions, marketing campaigns, and customer engagement initiatives.

• Monitor market trends, competitor activities, and customer feedback.

• Recommend improvements to banking products and services based on market intelligence.

• Prepare and present portfolio performance reports, strategic insights, risks, and recommendations to senior management.

Qualifications and Requirements

• Bachelor’s degree in Business Administration, Banking, Finance, Economics, Marketing, or a related field.

• Minimum 5 years of relevant experience in banking, financial services, relationship management, retail lending, portfolio management, or business development.

• At least 3 years of experience in a managerial or leadership position.

• Strong knowledge of retail and personal banking products.

• Experience with Salaried Workers Loans (SWL) and employer-based lending.

• Understanding of parastatal institutions, payroll structures, and scheme management.

• Experience managing institutional relationships and large clients.

• Experience working with government or parastatal organizations is highly relevant.

• Strong portfolio management and credit risk management skills.

• Strong business development and commercial acumen.

• Strong sales and performance management capabilities.

• Knowledge of digital lending channels, ESS, MIS, and data-driven performance management.

• Strong leadership and people-management skills.

• Excellent relationship management and negotiation skills.

• Strong communication and presentation skills.

• Ability to make sound business decisions and develop strategic growth initiatives.

Key Skills

• Leadership

• Strategic planning

• Business development

• Relationship management

• Negotiation

• Portfolio management

• Credit risk management

• Sales management

• Performance management

• Communication and presentation

• Digital banking

• Decision-making

Who Can Apply?

This position is best suited to experienced banking and financial-services professionals who have a strong background in retail or personal banking, employer-based lending, institutional relationship management, and portfolio growth. Candidates with experience managing government or parastatal clients and leading relationship-management or sales teams will be particularly well aligned with the role.

Because this is a senior management position, applicants should be able to demonstrate not only technical banking knowledge but also measurable experience in business development, portfolio performance, team leadership, client acquisition, and strategic growth.

How to Apply

Interested candidates should submit their applications online through the official NMB Bank careers portal:

Select the Senior Manager; Parastatals position and follow the application instructions provided on the portal.

Deadline: 21 August 2026

Final Thought

The Senior Manager; Parastatals position offers an opportunity for an experienced banking leader to take responsibility for a major institutional customer portfolio and drive growth through lending, deposits, relationship management, and digital banking solutions. Candidates with strong parastatal-sector relationships, retail lending expertise, and proven managerial experience should consider this opportunity before the 21 August 2026 deadline.