Standard Bank Group, one of Africa’s largest and most influential financial institutions, has announced an exciting career opportunity for the position of Head, Payments Transaction Banking within its Corporate and Investment Banking (CIB) division at Stanbic Bank Tanzania. This senior leadership role offers a unique chance to shape the future of payment solutions and financial innovation in Tanzania.
The role is designed for an experienced banking professional who can lead strategic payment initiatives, drive product innovation, and strengthen the bank’s position in the rapidly evolving digital payments ecosystem across East Africa.
About the Role
As the Head of Payments for Stanbic Bank Tanzania’s Corporate and Investment Banking division, the successful candidate will act as the primary architect and champion of the bank’s payments strategy. This is a high-visibility leadership position focused on transforming how businesses in Tanzania manage payments, liquidity, and cash operations.
The role will involve developing innovative payment solutions that address real-world challenges faced by local corporations, regional enterprises, and multinational organizations operating within Tanzania and across East Africa. The Head of Payments will also hold end-to-end accountability for the entire lifecycle of key transaction banking services, including:
- Domestic and cross-border payments
- Physical cash management solutions
- Liquidity and treasury management structures
Through strong leadership, market insight, and a results-driven approach, the successful candidate will be responsible for expanding market share while optimizing the bank’s balance sheet performance.
Key Responsibilities
The Head of Payments will play a central role in driving strategic growth and operational excellence within the payments business. Major responsibilities include:
- Designing and implementing innovative payment strategies aligned with corporate banking goals
- Managing the full lifecycle of payments products and services, from development to commercialization
- Driving high-performance sales strategies within the transaction banking segment
- Strengthening relationships with corporate and multinational clients
- Identifying opportunities for new digital payment solutions and liquidity products
- Ensuring compliance with Tanzanian financial regulations and governance frameworks
- Collaborating with internal teams to deliver customer-centric payment solutions
This role requires a leader capable of combining product innovation, regulatory knowledge, and commercial strategy to deliver sustainable growth.
Minimum Qualifications
Candidates applying for this role should meet the following academic requirements:
- First Degree in Finance, Economics, Engineering, or a related discipline
- An MBA or professional certification such as CertICM (Certificate in International Cash Management) will be highly advantageous
These qualifications will support the strategic and financial decision-making responsibilities required in this senior role.
Required Experience
To succeed in this role, applicants must demonstrate extensive experience within the banking and financial services sector.
Key experience requirements include:
- 10+ years of experience in Transactional Banking or Payments
- At least 5 years in a senior leadership position within a top-tier bank
- 5–7 years of experience in a multinational banking environment
- Deep knowledge of East African payment systems and financial infrastructure
- Strong understanding of liquidity management structures
- In-depth familiarity with Tanzanian financial regulations
- Proven experience managing both product development and business development functions
- Awareness of regional and global financial market trends, particularly within Africa
This combination of strategic leadership and technical expertise is essential for managing complex transaction banking solutions in the modern financial landscape.
Behavioural Competencies
The ideal candidate should demonstrate strong professional and leadership behaviours, including:
- Establishing strong relationships and building client trust
- Examining information and providing actionable insights
- Exploring innovative solutions and identifying growth opportunities
- Maintaining high standards of governance and accountability
- Resolving conflicts and making sound decisions
- Managing tasks efficiently while meeting strict timelines
- Demonstrating initiative and taking decisive action
Technical Competencies
Candidates should also possess strong technical capabilities in the following areas:
- Client Relationship Management
- Financial Acumen
- Product Development and Product Knowledge (Trading and Transaction Banking)
- Minimum Viable Product (MVP) Development
- Risk Management
- Compliance and Governance
- Promoting good governance, risk, and control frameworks
These competencies are essential for managing high-value corporate banking products and ensuring regulatory compliance.
Why Join Standard Bank?
Working at Standard Bank Group offers professionals the opportunity to be part of a leading African financial institution committed to driving economic growth across the continent. Through its Tanzanian subsidiary, Stanbic Bank Tanzania, the bank continues to support businesses with innovative financial solutions that enable trade, investment, and financial inclusion.
This role provides the chance to lead transformational payment initiatives and influence the evolution of digital banking and transaction services in the Tanzanian market.
How to Apply
This is a full-time leadership position.
Interested candidates should submit their applications through the official recruitment portal of Standard Bank Group by following the application link provided in the job listing and completing the required application steps online. Applicants are encouraged to apply early and ensure that all required documentation is submitted to support their application.
