Head of Payments

roomDar es Salaam

business_centerFull Time

book Direct Reports

bookmark Head of Department

directions_carDriving License Not Required

flagOnly Open to Tanzanian Nationals

businessBanking

Digital Banking

Summary

This role ensures monthly performance reporting of all subsidiaries to roll up to the Group performance position.

Responsibilities

  • Master the industry payment landscape, and market intelligence
  • Execute Payment strategy to meet revenue and profit targets
  • Optimize all payment channels and platforms at the country
  • Form strong relationship with payment partners, card schemes and Fintech’s.
  • Manage a strong relationship with payments local regulators.
  • Position the bank as No.1 payment bank in country
  • Own and ensure the bank meets channel count, customers subscription, customer activities, channel utilization
  • Maximize pricing, recognize cost accrual and timely application on a monthly basis, and reporting of financial performance by the 1st of new months.
  • Custodian of multichannel systems like ATMs & POS, Agency Banking, Mobile banking, Card Switch, Bank App, Internet Banking, Cash Collections, Bill Payments systems and third parties’ channels system integrations i.e. TRA, GEPG, Billers.
  • Ensure financial performance of Payment: surpass Revenue target, minimize cost and maximize profit.
  • Ensure efficiency and effectiveness of payment channels across the Bank's network.
  • Update the Managing Director of situations, issues, opportunities, relationships and performance of Payments channels.
  • Work with Payment partners to drive innovative solutions and collaborations to drive growth and innovation.
  • Work with IT and solution providers to develop new Payment solution for the Bank to match the capabilities at the center of excellence
  • Ensure timely and monthly report of channel optimization (subscription, deployment, sales, and financial performance)

Education and Qualifications

  • Bachelor’s degree or equivalent work experience in Business, Finance, Management, IT (or equivalent field, Master of Business Administration, or equivalent work experience).

Requirements

  • Experience in IT or Digital payment development or management
  • Good understanding of payment products and regulations
  • Strong Marketing and Sales skills to drive retail, SME and Corporate adoption
  • Excellent interpersonal skills: Relationship management
  • Finance: Experience in managing revenue, cost, profit management and reporting
  • Sharp business acumen including ability to assess risk and appropriate levels of return, strong leadership capability, deliverance, objectivity, excellent interpersonal skills, multicultural awareness and sensitivity
  • Good understanding of regulatory compliance and corporate governance.
  • Ability to nurture effective relationship with local regulators as well as government bodies and officials.

Reporting To

  • Managing Director

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Banking: 8 Years

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Digital Banking: 5 Years

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