Summary
Overview
Work History
Education
Skills
References
Timeline
Generic

GABRIEL MLINGA

Dar es Salaam

Summary

A dynamic financial leader with a 14+ year track record in local and international banks, I specialize in operational excellence, risk management, and compliance. I've consistently delivered exceptional results, building robust professional connections in the industry. Committed to driving positive change and strategic development, my focus on efficiency and adherence to regulatory standards sets me apart. Ready to contribute to organizational success with a unique blend of skills and a forward-thinking approach that ensures not just growth but also a solid foundation of compliance and risk management

Overview

7
7
years of professional experience

Work History

Head Risk and Compliance

I&M Bank Tanzania Limited
  • Leading and providing overall vision to the Risk and compliance department as sponsor of the Enterprise Risk Management Policy and framework – including a periodic review of the policy and/or framework as the bank matures in its risk management practices
  • Allocate work and set delivery expectations using objective setting within the professional development / appraisal process
  • Continuous employee engagement through constructive criticism, guidance and support and individual objectives and deliverables
  • Defining, embedding, and promoting the Risk culture
  • Identify training / skill-set requirements and coaching staff and providing opportunities for career progression, defining a succession plan for the team to support career development, and ensuring that there is a pipeline of talent
  • Creating an integrated enterprise risk framework for the entire organization through developing of the risk management policies, including the quantification of the Bank’s risk appetite through specific risk limits
  • Implementing risk metrics and reports, including losses and incidents, key risk exposures, and early warning indicators
  • Developing the analytical, systems and risk management tools to support the risk management processes
  • Embedding a positive culture of confident and informed risk-taking (risk intelligent organization) through training, communication, and promotion of the agreed risk framework in collaboration of various departmental heads across the bank
  • Overseeing the implementation and embedding of risk management across the Bank in accordance with the Enterprise Risk Management Policy and framework
  • Building maturity in risk management across the Bank, supporting timely risk assessments, mitigation and reporting, development and dissemination of best practice guidance, and internal learning in risk management
  • Ensuring senior management focus on key risk exposures and the adequacy of planned mitigation; support regular Leadership Bank discussions and decisions on key risks and internal control exposures
  • Continually developing the Risk Register and oversee the implementation of mitigation strategies approved by the BRC and Management RISKCO; provide insight and Bank focus on emerging risks and the effectiveness of planned mitigation
  • Owning and developing the methodologies and toolsets used for identifying, assessing, and escalating risks, and tracking the progress and effectiveness of mitigating actions; ensure the rollout of a consistent Bank-wide risk system for capturing all material risks and oversight issues / actions
  • Provides strategic ESG risk advisory
  • Provides ESMS transaction support for the bank/Bank by ensuring detailed environmental and social due diligence is conducted on facilities which present ESMS risk indicators
  • Implements and monitors procedures to protect the Bank against fraud, safeguard its intellectual property, and reduce its risk exposure
  • Supports implementation of controls to prevent security lapses that may result in data breaches
  • Guides disaster recovery and business continuity planning efforts
  • Communicate to key stakeholders regarding the risk profile of the business by disseminating risk analysis reports to different stakeholders, including board members and the senior management team
  • Prepares the annual Statement on Internal Control, and wider Review of Significant Risks and Internal Controls shared with the external stakeholders
  • Represents Bank’s approach to risk management externally, amongst all key stakeholders and partners, including across the regional regulators
  • Review new product risk, emerging risks, integration of climate risk into ERM and regulatory matters
  • Oversee Fraud Prevention, Regulatory Compliance, and Control effectiveness Assurance (through control testing)
  • Guide enterprise-level decision-making based on the Bank’s risk appetite and risk posture and manage risk management initiatives to prevent, or at least mitigate risks
  • Develop budgets and plan resources for risk-related projects and tools required to execute the Bank’s risk management and compliance management process
  • Support senior management and board in risk response decisions –i.e., to either avoid, reduce, share, and accept
  • Support management seize opportunities from the potential events- management is positioned to identify and proactively realize opportunities
  • Improving deployment of capital through the ICAAP which allows management to effectively assess overall capital needs and enhance capital allocation
  • Revision of policies and procedures to address control gaps and risks identified.

Acting of Head Risk

Absa Bank Tanzania Limited
  • Responsible for development and embedment of Enterprise Risk Management Framework for the bank
  • Recommending principal risks and key risks to the Board and ensuring that each principal risk has associated principal risk framework and standard to guide on execution
  • Responsible for coordination of Risk Appetite setting for the bank as part of Bank’s integrated planning process which brings together business strategy formulation, Plans development and risk appetite setting
  • Responsible for providing oversight of all risks in country (Credit risk, Market risk, Treasury risk, capital risk, counterparty risk, and Operational and Fin Crime risks, among others): ensuring that standards and policies are effectively implemented
  • This ensures proper oversight of the entire risk profile and control environment of the Bank
  • Responsible for ensuring Risk and Control assessment is performed to assess the effectiveness of controls put in place and design remedial actions where weak controls or ineffective processes have been identified
  • Responsible for coordinating all risk activities from the second line of Defense perspective by ensuring that we have a strong inter-functional engagement and collaboration
  • Responsible for development of Internal Capital Adequacy Assessment Process (ICAAP) and providing an effective oversight of the process
  • Ensure that the risk control framework is embedded in business and robustly managed and monitored
  • Ensure that risk appetite and stress testing are incorporated into Business planning and strategy development and implemented
  • This includes setting capital buffers based on stressed macro-economic variables and hence taking management actions pre and post scenario analyses
  • Accountable for ensuring the right people, policies, processes, and systems are in place and working effectively
  • Responsible for overall implementation of Risk Change Programs in country, including all agreed Target Operating Models
  • Responsible for overall Risk contribution to the Citizenship agenda.

Head of Operational Risk and Credit Risk Governance

Absa Bank Tanzania Limited (ABT)
  • Provide management with independent and objective end-to-end Operational Risk and Credit Risk Governance oversight in line with the Enterprise Risk Management Framework and Operational Risk/credit risk control Frameworks
  • Understand business processes, model, key drivers and risk
  • Identify risk using data, dashboards, and metrics
  • Analyze risk information and provide advice and recommendations on emerging risks, trends, and early detection of control failures
  • Set trigger benchmarks and actions and monitor improvements through DDM
  • Develop and promote a risk-smart workforce and environment thus ensuring that Business has the capacity and tools to be innovative while recognizing and respecting the need to be prudent in protecting the Bank and its customers’ interest
  • Support an effective risk culture, where there is an open, proactive, and constructive dialogue relating to Operational Risk and Credit Risk
  • Inform risk profiles and ensure Operational Risk and Credit Risk is managed in line with approved risk appetite
  • Enable management to monitor the effectiveness of the control and Governance environment and to take action to remediate and further mitigate Operational Risk and Credit Risk where required
  • Implement and maintain an effective Operational Risk Management function
  • Provide strong leadership, direction and display role model behaviors, inspiring others to work together to achieve the strategic vision
  • Build effective working relationships with key stakeholders and information flows across the Business, Centre Risk function and the various Countries
  • Assist the business on execution of strategy by providing advice on risk/control and challenge decisions that pose risk
  • Advise leadership on emerging global financial services operational risks / trends and facilitate proactive change ahead of threat materializing
  • Provide input into key 1st Line of Defense (1st LoD) governance and control Performance Development (PD) Plans and participate in year-end feedback process
  • Input into compensation structures, objectives, and performance management of employees where appropriate
  • Lead the organization to improve risk management through digitization, automation, standardization and simplification
  • Contribute to the development of the Country Risk Management strategy and BAGL RoA Operational Risk Strategy
  • Ensure that the Country Operational Risk appetite is appropriate for the execution of the strategy
  • Set and recommend business level Operational Risk Appetite – monitor that business performance remains within appetite
  • Challenge completeness, relevance and management of risks associated with the execution of the Country strategy
  • Providing clear direction on the Operational Risk role, strategic plan and key focus areas
  • Provide relevant coaching, guidance and training on the implementation and maintenance of the Operational Risk framework components (including Critical Process Assessments (CPAs), Key Indicators (KIs), Events, Strategic Risk Assessments, and Key Risk Scenarios etc.) and capital drivers
  • Assess the level of compliance for the relevant risk frameworks and policies
  • Manage / facilitate the Country Operational & Conduct Risk Committee and Combined Assurance Forum, in conjunction with the Country CRO
  • Computation of Capital Charges for operational risk
  • Remain abreast of the Operational Risk framework, policies, standards, procedures and relevant legislation/regulations
  • Provide assurance that the Operational Risk Framework and Standards are implemented through Conformance Reviews where required and as directed by the Combined Assurance Forum
  • Maintain and promote network of Lessons Learned (including Root Cause Analysis) sharing across businesses and geographies
  • Educate business and facilitate appropriate proactive remediation of identified vulnerabilities
  • Make Risk decisions within mandates delegated by the CRO and escalate risk decisions outside of discretion to the CRO
  • (Any individual or function which acts to restrict these powers must be escalated to the CRO.) Perform independent review and challenge of business /function performance and risk profile
  • Assess, challenge and monitor the current and forward-looking Operational Risk exposure (financial and nonfinancial) i.e
  • Considering all framework elements, strategic planning, business expansions/contractions and other major change programmes, including New and Amended Product Approval (NAPA)
  • Support the scoping and definition of related Operational Risk deliverables and plans, ensuring that these are aligned to the central Operational Risk calendar
  • Assess the relevance and performance of the Operational Risk indicators and thresholds
  • Review the Key Risk Assessments (KRAs) for completeness, with appropriate challenge
  • Partner with the first line of defence to provide guidance on issue/action documentation, tracking, escalation, and remediation of Operational Risk issues
  • Investigate any matter affecting the business risk profile, which poses undue risk
  • Oversee deep dive and lessons learnt exercises for material risks, including the review, challenge, and tracking/escalation of findings
  • Review major remediation plans for adequacy, completeness, and progress
  • Oversee monthly loss event reconciliations and related attestations to ensure that all risk events and losses have been captured on the Operational Risk system
  • Ensure full and accurate reporting of risk events by the Business
  • Conduct post incident reviews and analyses root causes and ensure learning points are identified and any necessary remedial action is implemented with a view to improving processes and reducing operational losses
  • Escalate any unresolved concerns directly to CRO and the Centre Head of OR
  • In the event of a significant control failure or limit breach, ensure appropriate escalation, through the CRO and Centre Head of OR
  • Ensure that Operational Risk Management systems and tools are used, and that data is accurate, of good quality and current
  • Accountability: Operational Risk Reporting
  • Report to business executives and Risk Committees on the risk profile and adherence to appetite
  • Validate data and information in relevant reports provided by first line of defence, as appropriate
  • Provide independent challenge on, and insight from relevant reports to senior management
  • Prepare appropriate current and forecast Operational Risk profile reporting as required by Country and BAGL management / governance
  • Accountability: Credit Risk Governance Oversight
  • Provide effective advice and support to Key Risk Owners (KROs) in resolving governance concerns or in matters related to new governance and regulatory requirements (excluding those within the remit of other enabling functions e.g., Compliance)
  • Risk Appetite: Communication of guideline documents on appetite, advice and support to the business in defining the level of risk appetite the Bank is prepared to accept, engage country management teams including the respective KROs on achieving specific appetite targets, support incorporation of agreed appetite levels into the MTP process, analyses performance against set appetite targets and report including continuous proactive process reviews to the improve control environment with a view to avoiding Expected Loss
  • Support the Head of Risk to coordinate the Risk Appetite and Stress Testing for BBT, in close collaboration with the KROs
  • Provide an efficient administration and support services to KROs to ensure effective governance over credit risk as per below: Review the completion of the Risk Appetite once advised by Business and escalates and table breaches at relevant committees
  • Review all Credit mandates, Delegated Authority (DA) and adherence to Credit mandate and Credit Policy
  • Ensure that the respective Heads/RMs conduct site visits and review call reports
  • Also ensure that vendors and business partners SLA’s are complied with and reviewed annually
  • Monitor Governance and Assurance Dashboard (For CIB) / Checklist (for Retail and Business Banking)
  • Circulate key Risk related regulatory and industry information to Head of Risk and Head of Businesses identifying potential impact on the entity
  • Monitor regulatory and economic capital demand in line with changes in internal and external factors including changes in portfolios or prospective portfolio growth.

Team Leader Operation Control and Governance

Stanbic Bank Tanzania Limited
- 05.2017
  • Review and improve operational control process and procedures
  • Analyze key lessons learnt in audit and feedback this to affect control ops culture
  • Establish and maintain the Mission Critical Process (MCP), sub-process and underlying controls needed to effectively manage control across operations units
  • Ensure CODAC/DDCE is observed and complied by 100% by all respective staffs
  • Ensure CODAC performance analysis is done to address poor performers
  • Work with the operations staff to align the controls for the bank with those of other business units
  • Ensure that key controls and all important qualitative/quantitative assessments of the control profile for ops departments are properly represented in the MI & Dashboard reporting prepared for ops control
  • Embrace technology and innovation in operational controls
  • Implementation of correctly calibrated key control indicators to facilitate timely reports including, losses and incidents and early warning signals
  • Perform trend analysis on incident Management and operational losses, share these with management for decision making purposes
  • Own the timely closure of findings raised by internal and external audit across the bank
  • Work in partnership with other functions to ensure that controls are adequately identified and measured appropriately via the key control indicators process
  • Be committed to championing best practice, and positively supporting business and cultural changes within the bank
  • Improve functionality of the control processes by playing a full end to end role (identification, testing and implementation of initiatives)
  • Influencing process changes across operations to maintain risk levels whilst seeking process efficiencies
  • Maintain a culture within the bank that emphasizes and demonstrates the importance of internal control to all staff
  • Ensure that all routine controls relating to new business are applied effectively, with particular emphasis on routine compliance
  • Ensure effective compliance with agreed limits of authority and levels of access to systems and information.

Internal Auditor

Exim Bank Tanzania Limited
03.2011 - 09.2015
  • Assist the Head of Internal Audit with establishing the objectives, scope, and methodology of the audit and developing an audit program
  • Supported the audit manager on preparation of annual audit plan
  • Preparation of the Quarterly Business Monitoring reports for the bank
  • Perform research to obtain background information for the audit
  • Evaluated and advised on the implementation of risk management and control practices within the organization while maintaining independence
  • With the help of Data interrogation tool called IDEA, I am also responsible for the CAATTS testing for the audits when providing assurance on the system driven process (Loan Interest recalculation, expenses, overdrafts, and other banks operations)
  • Document the operation and internal control systems to the audience in a manner that is sufficient to complete audit objectives
  • Analyses data for accuracy and to assess the adequacy of the auditee’s operations and internal controls systems
  • Perform cash counts, physical inventories, or other audit procedures as requested by the Head of Internal Audit or as needed to meet audit objectives
  • Create the work papers to document the audit work performed and support the audit report
  • Develop audit recommendations to assist the auditee with improving the operations and internal control systems
  • Prepare draft audit reports
  • Perform follow up procedures to assess the adequacy of the auditee’s implementation of recommended actions
  • Communicates the status of the work to the Head of Internal Audit on a regular basis
  • Performs other duties as assigned by the Head of Internal Audit from time to time.

Finance Officer

Diamond Trust Bank Tanzania Limited
11.2010 - 01.2011
  • Preparation of monthly salary and other related matter of payroll
  • Maintenance of fixed asset registers
  • Payment to different supply of the bank
  • Preparation of different report internal report of the bank.

Finance Officer

International Commercial Bank
07.2008 - 01.2011
  • Posting daily vouchers to icba system
  • Interbranch reconciliation’s
  • Preparations bank performance report on quarterly basis
  • Bank reconciliation on nostro accounts i.e., standard chartered, New York and deutch bank New York
  • Preparation of cheaque reconciliation (held over and suspense)
  • Preparation of BOT weekly reports (statutory minimum reserve (SMR), liquidity, currency report)
  • Preparation of VAT, WITHHOLDING TAX returns
  • Making payment to different supplier of the bank
  • Submission of monthly statutory deductions (NSSF, PAYE, HESLB and others)
  • Submission of annual statutory returns (PAYE, NSSF and others)
  • Preparation of daily report to CEOs of the bank in complied with trial balance on daily bases
  • Assist branch managers in various issues and transactions
  • Make sure all transactions done collect complied with the required standards
  • Preparation of NET OPEN POSITION REPORT to BOT
  • Preparation of KPI (Key performance indicator) to group bank (ICB MALYSIA) every Thursday
  • Preparation of Liquidity risk report
  • Preparation of Currency risk report.

Education

Strathmore Business School

University of Tumaini Dar es Salaam college, Tanzania

International Institute Business Management Berlin Germany
01.2021

Skills

Risk Management Expertise

Regulatory Compliance Knowledge

Analytical Skills

Leadership and Decision-Making

Strategic Thinking

Collaboration and Relationship Building

References

  • Mr. Denis Robert Mfugale, Tumaini University Dar es salaam college, +255757090909
  • Christopher R kazinja, Lawfileds Attorney-Partner, 0746 900020, Christopher.Kazinja@lawfields.co.tz, Plot No.1008/1, Ohio Street, Dar Es salaam
  • George Binde, Chief Internal Auditor, Absa Bank Tanzania, +255 767 210 424, george.binde@absa.africa, 2nd Floor | Absa House | Ohio Street, Dar es Salaam, P. O. Box 5137

Timeline

Internal Auditor

Exim Bank Tanzania Limited
03.2011 - 09.2015

Finance Officer

Diamond Trust Bank Tanzania Limited
11.2010 - 01.2011

Finance Officer

International Commercial Bank
07.2008 - 01.2011

Head Risk and Compliance

I&M Bank Tanzania Limited

Acting of Head Risk

Absa Bank Tanzania Limited

Head of Operational Risk and Credit Risk Governance

Absa Bank Tanzania Limited (ABT)

Team Leader Operation Control and Governance

Stanbic Bank Tanzania Limited
- 05.2017

Strathmore Business School

University of Tumaini Dar es Salaam college, Tanzania

International Institute Business Management Berlin Germany

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GABRIEL MLINGA