A major leadership position for the position of Business Assurance Manager was announced in January 2026 by ABSA Bank Tanzania, a prominent financial services provider with a significant presence throughout the African continent. This role, which is a key component of the bank’s risk management strategy, is situated in the thriving commercial center of Dar es Salaam.
The Business Assurance Manager acts as the “guardian of the credit cycle” while ABSA continues to lead the Tanzanian market in cutting-edge lending solutions. This is not a typical audit position; rather, it is a high-level strategic role created to guarantee that every loan processed, every risk modeled, and every debt recovered fully complies with the local regulatory requirements of the United Republic of Tanzania as well as the global standards of the ABSA Group.
- Overview of the Position: Manager of Business Assurance
The main point of contact between the executive management and the operational credit teams is the business assurance manager. Their main goal is to offer unbiased confirmation that the bank’s credit risk controls are in place and operating efficiently to avoid monetary loss and legal repercussions.
| Feature | Details |
| Organization | ABSA Bank Tanzania |
| Duty Station | Dar es Salaam |
| Employment Type | Full Time |
| Key Stakeholders | Bank of Tanzania (BOT), Internal Audit, Group Governance |
| Focus Area | Wholesale & Retail Credit Risk Lifecycle |
- Strategic Responsibility Pillars
Three core areas comprise the duties of a business assurance manager: framework and strategy, audit and regulatory compliance, and operational governance.
A. Development of Strategies and Frameworks
Assurance cannot be reactive in a round-the-clock banking setting. It needs to be organized.
Defining the Framework: The manager is in charge of establishing the “rules of engagement” for the bank’s self-evaluation of risk as well as the Retail Credit Risk Assurance framework.
Planning: Creating yearly review plans in collaboration with Senior Credit Risk Management and the Key Credit Risk Owner. This guarantees that the bank’s credit book’s most susceptible sections are scrutinized the most.
Self-Assurance: Overseeing the entire “Self-Assurance” procedure. In order to find holes before an external auditor does, credit teams must examine their own work under the manager’s supervision.
B. Compliance, Audit, and Regulatory Cooperation
This function acts as the bank’s “regulatory shield,” especially with regard to the Tanzania Revenue Authority (TRA) and the Bank of Tanzania (BOT).
Regulatory Inspections: Organizing the regulators’ “Bankbook” inspections. To avoid significant fines, the management must make sure that data is correct and filed on time.
Embedding Recommendations: The Business Assurance Manager makes sure that the “fix” is completely integrated into the bank’s everyday operations rather than merely being addressed on paper when Internal Audit or the BOT finds a vulnerability.
Policy Alignment: Ensuring rigorous adherence to Group and Country policies by keeping an eye on every stage of the credit life cycle, from Origination (the initial loan application) to Collections and Recoveries.
C. Operational Management and Disaster Recovery Control Dashboards: Developing and overseeing a real-time dashboard that monitors the state of the bank’s control environment.
Resumption Planning: Creating and putting into practice disaster recovery and business continuity management (BCM) strategies. The manager makes sure the credit risk function continues to function in the case of a regional crisis or system failure.
Committee Leadership: Serving as the Credit Risk department’s representative on crucial committees that decide on multi-billion shilling provisions, such as the Impaired Debt and Retail Risk Credit Committees.
- Education and Experience Requirements for Candidates
ABSA Bank is seeking an experienced individual with a strong grasp of retail banking and technical auditing abilities.
Education: * A higher diploma in business, commerce, or management studies is necessary.
An undergraduate degree in economics, accounting, or finance is preferred.
Experience: * Demonstrated expertise in internal auditing or credit risk management at a financial institution.
thorough familiarity with the Banking and Financial Institutions Act (BFIA) and BOT rules in Tanzania.
Technical Proficiency:
Data analytics: The capacity to examine data quality and management information (MI) to verify the accuracy of risk models.
Investigation: Excellent investigative abilities to pinpoint operational risk occurrences’ underlying causes.
Report Writing: The capacity to communicate intricate risk information to South African group-level executives as well as local boards.
- The ABSA Culture: Using “Africanacity” to Lead
“Africanacity”—the capacity to come up with creative solutions to accomplish tasks on the African continent—is how ABSA describes its distinct ethos. This implies the following for a business assurance manager:
Innovation in Control: Creating better procedures to avoid mistakes rather than only identifying them.
Building a trusting relationship between the “Risk” teams (who frequently say “no”) and the “Sales” teams (who want to say “yes”) is known as stakeholder engagement.
Integrity: Upholding complete autonomy in evaluations despite pressure to reach payment goals.
- Application Procedure: How to Submit an Application
ABSA Bank Tanzania’s official worldwide careers platform is used to handle applications for the position of Business Assurance Manager.
Access the Portal: Go to the ABSA Careers Page or CLICK HERE TO APPLY
Provide Documentation: Make sure your resume includes particular examples of how you effectively oversaw a regulatory audit or enhanced a control environment.
Interview Readiness: Be ready for a multi-phase interview process that includes behavioral panels and technical evaluations if you are shortlisted.
No Fees: Just to refresh your memory, ABSA never charges a fee for interviews or applications. Any payment solicitation is fraudulent.
- Strategic Guidance for Candidates on the Shortlist
The panel will probably concentrate on situational risk management if you make it to the interview stage for this job. You ought to be ready to talk about:
How you addressed a late-cycle discovery of a non-compliant credit activity.
Your direct interaction with BOT inspectors.
How to strike a balance in the loan origination process between the bank’s need for “operational speed” and the requirement for “rigorous assurance.”