Summary
Overview
Work History
Education
Skills
Languages
Contacts
Otherprofessionalcoursesandtrainings
Membership
Projectbasedactivities
Countryofbirth
Countryofresidence
Communicationchannel
Personal Information
References
Table Tennis & Basketball
Timeline
Generic

Jacob Balyagati

Dar-es-salaam

Summary

Versatile Senior Manager with expertise in digital product development within the finance sector. Adept at planning, implementing, and overseeing critical enhancements to drive business growth and efficiency. Proven track record of fostering an open culture that encourages the free exchange of information. Seeking new professional challenges with a growth-oriented organization.

Overview

16
16
years of professional experience

Work History

Senior Manager - Digital Global Transaction Services

NMB PLC
04.2021
  • Spearheaded strategic partnerships with fintech companies to enhance the bank's digital transaction services, leveraging innovative collaborations for product integration and development.
  • Led a multidisciplinary team in designing and developing cutting-edge digital transaction products, ensuring market demands and user expectations were met through agile methodologies.

    Directed seamless integration efforts across platforms, optimizing digital transaction services to deliver a user-centric experience, driving customer engagement and satisfaction.

    Orchestrated strategic initiatives aimed at advancing the bank's Digital Global Transaction Services, ensuring seamless and efficient digital transaction experiences on a regional and global scale.

    Spearheaded collaborative efforts across diverse teams and departments to enhance digital transaction solutions, integrating technological innovations and user-centric approaches for a superior global banking experience.

    Directed the planning and execution of digital service enhancements, leveraging a regional and global perspective to cater to the evolving needs of international clientele and markets.

Senior Manager - Digital Transaction Services

NMB PLC
05.2018 - 04.2021
  • Led comprehensive initiatives aimed at optimizing the bank's digital services, enhancing user experience across diverse segments including Retail, Wholesale (Corporate & Government Institutions), and Agribusiness
  • Collaborated closely with cross-functional teams including Technology and Marketing to ensure seamless coordination and alignment of digital strategies, ensuring a cohesive and impactful digital presence
  • Directed a team of five Product Managers, guiding their efforts in developing and refining digital products and services to meet evolving customer needs and market demands effectively.

Senior Manager - Cash Management

NMB PLC
03.2016 - 05.2018
  • Crafted and executed strategic and tactical plans to surpass corporate banking cash business targets while ensuring unparalleled excellence in transaction banking services provision
  • Spearheaded a specialized team of three experts, collaboratively driving cash management sales initiatives encompassing cash collection, liquidity management, and innovative payment solutions
  • Focused efforts predominantly on corporate and business clientele, leveraging a holistic approach to address their unique cash management needs, thereby fortifying client relationships and amplifying service excellence.

Manager Cash Products

NMB PLC
12.2012 - 03.2016
  • Directed and ensured the superior delivery of Cash Management services exclusively designed for corporate and business banking clients, orchestrating a team to maintain exceptional service standards
  • Led the strategic ideation, development, and successful execution of bespoke cash management products, aligning with clients' intricate needs and enhancing the bank's competitive edge in the market
  • Collaborated extensively with senior stakeholders to discern client expectations, drive innovative solutions, and spearhead the implementation of customized strategies, bolstering client satisfaction and long-term partnerships.

Cash Management Specialist

NMB Plc.
09.2011 - 11.2012
  • Spearheaded Cash Management initiatives aimed at promoting Transaction Banking services, strategically attracting new clientele, and nurturing existing business relationships to foster customer account growth
  • Devised and implemented innovative strategies to attract new business opportunities while leveraging tailored solutions to retain and strengthen existing client relationships, thereby enhancing the bank's market presence and revenue streams
  • Collaborated cross-functionally with internal teams to analyze customer needs, develop customized cash management solutions, and provide expert guidance, resulting in increased client satisfaction and loyalty.

Management Trainee

NMB Plc.
09.2009 - 09.2011
  • Orchestrated multifaceted responsibilities within branch operations, excelling in customer service, back-office tasks, and ensuring compliance with regulatory standards
  • Conducted comprehensive credit analysis, aiding in risk assessment, and contributed to managing credit portfolios while supporting informed lending decisions
  • Engaged in treasury operations, executing trades, and actively participating in balance sheet management to optimize the bank's financial performance
  • Facilitated trade finance activities by processing transactions, verifying documentation, and collaborating on trade solutions, ensuring seamless international trade processes.

Sales Officer

IS & M Metal
12.2004 - 06.2005
  • Cultivated and nurtured relationships with established clients through regular meetings, telephone correspondence, and personalized email communication, ensuring client satisfaction and loyalty
  • Conducted proactive outreach by visiting potential clients, effectively prospecting for new business opportunities, and showcasing product/service offerings to expand the customer base
  • Employed a planned approach to engage with prospective customers, demonstrating the value proposition and effectively addressing their needs, resulting in increased sales conversions and business growth.

Education

BBA -

University of Natal
11.2008

11.2008

11.2005

11.2005

11.2003

11.2003

Skills

  • Partnership Development
  • Product Roadmapping
  • Data-driven decision-making
  • Design thinking

Languages

English
Swahili

Contacts

Personal, P.O.Box 2698, Dar-es-salaam, Tanzania, +255-755-777713

Otherprofessionalcoursesandtrainings

  • Golden Key Certificate, Golden Key International Honor society, 01/2007
  • Certificate of training in Foundation Course in Banking, CHABEGAN Associates and NMB PLC, 01/2010
  • Certificate in Micro Loan Operations, Fineline systems and Management Ltd, 04/2010
  • Management Trainee Programme Certificate, NMB PLC, 09/2011
  • Certificate of International Trade Finance, International Finance Corporation, 08/2012
  • Certificate of Achievement Mentor 600, International Chamber of Commerce, 07/2012
  • Certificate Of Completion Partner Bank Talent Program, Rabobank Netherlands, 06/2015
  • Leadership Training, NMB Bank PLC, 08/2019
  • Executive Masterclass Leadership in The Digital Age, INSEAD Asia Campus - Singapore, 11/2023

Membership

I am an honorary member of Golden Key International Honor Society.

Projectbasedactivities

  • Cost control project, NMB PLC, Led a project focused on identifying and implementing cost reduction measures to streamline expenses while safeguarding the bank's operational integrity. Implemented strategies resulting in a cost reduction in non-essential operational expenses within six months. Fostered a culture of cost-consciousness, enhancing financial resilience without compromising service quality. Enhanced the bank's financial stability and resource allocation, receiving accolades from senior management for successful implementation.
  • MUSE - Payment for Government Institution, NMB PLC & Government of Tanzania (Ministry of Finance), Directed the implementation of a specialized payment ecosystem for government institutions, resulting in heightened bank engagement and increased market share within the governmental sector. Successfully launched the MUSE platform, facilitating streamlined payments across diverse government departments. Generated notable growth in the bank's market share within government entities through the innovative payment system. Established a mutually beneficial payment ecosystem, significantly enhancing the bank's strategic positioning within the government landscape.
  • Internet Banking Platform Change, NMB PLC & Oracle, Played a key role in aligning the bank's internet banking platform with evolving market and customer demands. Specifically focused on integrating customer-centric cash management features into the revamped platform. Successfully advocated for tailored cash management functionalities within the updated platform. Ensured seamless alignment between customer cash management needs and the new platform's offerings. Enhanced customer satisfaction by prioritizing cash management features, contributing to an improved user experience and platform success.
  • GEPG Collection for all government Institutions, NMB PLC & Government of Tanzania (Ministry of Finance), Spearheaded the establishment of an integrated revenue collection ecosystem in collaboration with the government, aimed at facilitating streamlined revenue collections from all government institutions. Successfully implemented the GEPG collection system, enabling efficient revenue collections from diverse government entities. Optimized revenue management through the introduction of a centralized and effective collection process. Transformed government revenue collections by introducing a unified ecosystem, fostering efficiency and transparency across institutions.
  • Insurance Payment Gateway, NMB PLC & Smart Policy, Led the successful implementation of an insurance payment gateway, simplifying and securing insurance premium payments for policyholders. Deployed a user-friendly and secure payment gateway for insurance premium transactions, enhancing customer experience and operational efficiency. Improved security measures and streamlined payment processes, reducing transaction time and increasing user satisfaction. Transformed insurance premium payments by introducing an efficient and secure gateway, benefiting policyholders and enhancing operational effectiveness for insurance companies. Acknowledged for introducing an innovative solution that facilitated seamless and secure transactions in the insurance industry.
  • Regional Trade Gateway and Money Remittance Service, NMB PLC & Mastercard, Thunes, Terrapay, Led the establishment of a Regional Trade Gateway to streamline trade among regional partners. Simultaneously introduced a user-friendly Money Remittance Service for cross-border fund transfers. Developed a Regional Trade Gateway, enhancing trade efficiency and collaboration among regional entities. Implemented a hassle-free Money Remittance Service, simplifying cross-border fund transfers for customers. Facilitated smoother trade interactions among regional partners, fostering economic growth and cooperation. Improved financial accessibility by offering a reliable and convenient cross-border fund transfer service.
  • Other Digital based achievements for the past nine Years, NMB PLC, Orchestrated over 600 integrations spanning fintech partnerships, direct integrations with companies, government entities, and collaborations with local and global Financial Service Partners. Established partnerships with fintech entities to drive innovative integrations and solutions. Conducted direct integrations with individual companies to streamline operations and services. Collaborated with government entities to facilitate seamless integration and service delivery. Formed alliances with local and global Financial Service Partners, enhancing the network's breadth and capabilities. Strengthened operational efficiency by integrating diverse systems and services across multiple sectors. Fostered innovation and access to a wide array of services by leveraging strategic partnerships and integrations.

Countryofbirth

Tanzania

Countryofresidence

Tanzania

Communicationchannel

Mobile and Email

Personal Information

  • Place of Birth: Dar es Salaam
  • Citizenship: Tanzanian
  • Date of Birth: 08/21/86
  • Gender: Male
  • Marital Status: Married

References

  • Michael Mungure, Vice President and Head Treasury and Trade Solutions, Citibank Tanzania, +255 754 290 666
  • Richard Makungwa, Chief Executive Officer at Mwalimu Commercial Bank, +255 754 600 689

Table Tennis & Basketball

  • Table Tennis: Playing table tennis has honed my hand-eye coordination, reflexes, and strategic thinking. It also requires discipline and consistent practice, which I translate into my professional work ethic.
  • Basketball: Participating in basketball has enhanced my teamwork and leadership skills, as it involves working closely with teammates to achieve common goals. The sport has also developed my physical fitness, endurance, and ability to perform under pressure.

Timeline

Senior Manager - Digital Global Transaction Services

NMB PLC
04.2021

Senior Manager - Digital Transaction Services

NMB PLC
05.2018 - 04.2021

Senior Manager - Cash Management

NMB PLC
03.2016 - 05.2018

Manager Cash Products

NMB PLC
12.2012 - 03.2016

Cash Management Specialist

NMB Plc.
09.2011 - 11.2012

Management Trainee

NMB Plc.
09.2009 - 09.2011

Sales Officer

IS & M Metal
12.2004 - 06.2005

BBA -

University of Natal

Jacob Balyagati