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Tuntufye Abel

Country Head of Risk and Compliance
Country Head of Risk with Ecobank Tanzania. A sole believer of doing business in a controlled environment, aligning risk strategies with business goals. 19 successful years in Tanzania banking system, including 12 years of managing Risk in Tanzania major banks that included identification and recruitment of talents to assist me that I eventually trained / coached them to become notable Risk Managers in the country. Developed from ground zero risk and compliance frameworks of 4 banks in Tanzania. Coordinated development of business strategy, and successfully implemented compliance to Basel II standardized approach for Operational Risk. Industry wide recognized resource for training on issues of Compliance including AML / CTF, Fraud risk, and Operational Risk.
Ecobank Transnational Incorporated, Dar es Salaam Tanzania
Mzumbe University
Dar es Salaam, Tanzania

Skills

excel
english
microsoft office
Leadership Skills
Risk management
Strategic Planning
coaching and training
Compliance
Credit Risk
Banking Operations
Anti Money Laundering
Fraud Investigations

Languages

English
Professional
Swahili
Native or Bilingual

Work experiences

Country Head of Risk and Compliance

Ecobank Transnational Incorporated, Dar es Salaam Tanzania

Mar 2018 ~ Present
Role objectives : to support business managers in meeting their goals to satisfy the needs of depositors, lenders, shareholders and regulators. Responsible for reviewing, assessing, measuring, approving and monitoring risks. Achievements Negotiated successfully reduction of rent 40% reduction for Msimbazi branch in Ecobank

Head of Risk Management and Compliance

Azania Bank Limited Head Office, Dar es Salaam Tanzania

Dec 2015 ~ Mar 2018
2 yrs 4 mos
Successfully developed modules, trained and rolled out Risk and Controls self-assessments RCSAs for operational risk Established Control gaps assessments and closure processes Identified and trained Risk Champions on Operational Risk and methodologies used in managing Operational risk. Performed a critical review on banks credit portfolio and identified causes of defaults, developed training manuals from results of the review trained credit officers to tackle identified issues.

Head of Risk and Compliance

I&M Bank (T) Limited

Sep 2013 ~ Nov 2015
2 yrs 3 mos

Credit Risk Manager

CRDB BANK PLC, Dar es Salaam Tanzania

Aug 2011 ~ Aug 2013
2 yrs 1 mo
Responsible for portfolio quality review, product and process reviews, management reporting on credit product performance, follow up implementations of loan collection strategies

Head of Risk and Compliance

Akiba Commercial Bank Ltd, Dar es Salaam Tanzania

Sep 2009 ~ Aug 2011
2 yrs 0 mos
-Trained/Raised Risk awareness among ACB staff on Operational and Compliance risk Management. -Successfully rolled out Operational Risk Management framework DRACA in 2010 -Successfully facilitated AML and BCM activities within the bank.

Operational Risk Manager

National Bank of Commerce Limited

Mar 2007 ~ Jun 2009
2 yrs 4 mos
Bronze Heshima Award winner in leadership category for two consecutive years 2008 and 2009

Financial Analyst

National Microfinance Bank T Limited now NMB Plc Dar es Salaam, Tanzania

Apr 2004 ~ Mar 2007
3 yrs 0 mos

Educations

Mzumbe University

Master of Business Administration (MBA)
Master of Business Administration M.B.A.

2011 - 2013

University of Dar es Salaam

Bachelor of Science (BS)
Bachelor of Commerce Finance Hons

- 2000

Shinyanga Commercial Institute

High School Diploma

1994 - 1996

Mbeya Secondary school

Other
Certificate in Secondary Education

1990 - 1993
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