Website NMB Bank
NMB Bank
Job Title: Head; Strategy (1 Position)
Location: Head Office
Job Purpose:
The Head of Strategy is responsible for leading the formulation, execution, and monitoring of the Bank’s strategic agenda. The role ensures that the Bank’s strategic direction is clearly defined, effectively communicated, and successfully implemented across all business units.
Main Responsibilities:
1. Strategic Leadership, Planning & Analytics
- Provide strategic leadership, drive enterprise-wide alignment, and support executive decision-making through structured planning, performance tracking, and market intelligence.
- Translate the Bank’s vision into actionable plans, identifying growth opportunities and ensuring agility in responding to internal and external dynamics.
- Lead the formulation of medium- and long-term strategic plans aligned with the Bank’s vision and growth objectives.
- Lead the Bank’s analytics function as a strategic capability center, driving deep data analysis and generating actionable insights for decision-making and growth.
- Oversee execution of the Bank’s corporate strategy to ensure alignment with its mission, vision, and long-term goals.
- Integrate strategic priorities into annual planning and budgeting processes.
- Champion strategic communication to embed a culture of strategic thinking and ensure organization-wide alignment.
- Guide departments in aligning goals, processes, and resources with corporate strategy.
- Develop tactical responses to emerging threats and opportunities, ensuring execution agility.
2. Performance Monitoring & Strategic Reporting
- Oversee the development of strategic performance reports and dashboards that track progress, risks, and opportunities.
- Present strategic findings and recommendations to Executive Management and the Board to inform high-level decision-making.
- Ensure all strategic decisions are backed by robust evidence, market intelligence, and performance data.
- Lead research and analysis on operational effectiveness, market trends, and competitive positioning.
- Represent the Strategy function in internal and external forums, including due diligence, audits, and strategic partnerships.
- Foster a culture of continuous improvement and strategic foresight across the Bank.
- Lead the implementation of strategic projects, ensuring timely delivery, effective resource use, and measurable results.
3. Market Intelligence & Business Foresight
- Conduct ongoing market scanning and competitive analysis to inform strategic direction.
- Identify emerging trends, risks, and opportunities that may affect the Bank’s positioning.
- Provide strategic input into product development, partnerships, and business model innovation.
4. Stakeholder Engagement & Alignment
- Engage with Heads of Departments and Senior Managers to ensure operational plans align with strategic objectives.
- Serve as a strategic advisor to internal stakeholders, fostering collaboration and alignment.
- Represent the Strategy function in internal governance forums and contribute to strategic decision-making processes.
5. Leadership & Team Development
- Lead and mentor the Strategy team, fostering a culture of innovation, accountability, and strategic thinking.
- Build capacity within the team to enhance analytical, planning, and execution capabilities.
- Promote continuous improvement, collaboration, and knowledge sharing within the Strategy function.
Knowledge and Skills:
- Deep understanding of strategic planning frameworks, financial modeling, and performance management.
- Proven ability to lead strategic transformation and drive organizational alignment.
- Strong understanding of market dynamics, regulatory environments, and competitive landscapes.
- Experience in managing cross-functional teams and influencing senior stakeholders.
- Exceptional leadership, people management, and team-building skills.
- Advanced analytical, problem-solving, and critical-thinking abilities.
- Excellent communication and presentation skills with the ability to simplify complex insights.
- High emotional intelligence and stakeholder engagement capability.
Qualifications and Experience:
- Bachelor’s degree in Accounting, Economics, Statistics, Actuarial Science, IT & Computer Science, or related fields.
- CPA or professional banking certification is an added advantage.
- Master’s degree in business or related field is an added advantage.
- Minimum of 7 years’ experience in Business or Strategic Planning, Analytics & MI, or Financial Accounting, with at least 3 years in a managerial role.
- Proven success in leading strategic planning within a financial institution or similarly complex organization.
Additional Information:
NMB Bank Plc is an Equal Opportunity Employer committed to fostering a diverse and gender-balanced workforce.
- Female candidates and people living with disabilities are strongly encouraged to apply.
- NMB Bank Plc does not charge any fee during the recruitment process. Any solicitation for payment should be disregarded.
- Only shortlisted candidates will be contacted.
Job Opening Date: 21st October 2025
Job Closing Date: 4th November 2025
To apply for this job please visit careers.nmbbank.co.tz.