New Job Opportunity at FINCA Microfinance Bank, Deputy CEO | November, 2019

FINCA Microfinance Bank

Jobs Tanzania: Job Opportunity at Finca Microfinance Bank, Legal Officer | Deadline: 11th March, 2019

AJIRA TANZANIA 2019 / NAFASI ZA KAZI 2019

• Ensure high quality financial services to the clientele, and maximize outreach to the target group in a sustainable way,
• Assist in the implementation of best-practice corporate governance, management, organizational structure and procedures, staff development, financial management, and risk management principles.

• Re-engineer existing credit products and develop new credit products:

• • Existing credit products: minimize the total operational cost per loan for the whole credit cycle, and without increasing the present credit risk.
  • New credit products: Develop credit products for new market segments, and new pre-approved credit programs for segments served with traditional credit products.
  • Lead the adoption of new systems and processes to support the development and re-engineering of credit products: CRM (for loan applications and cross-selling), credit scoring, and data mining from domestic and third party client databases.

• Ensure compliance with the Charter/bylaws of the Subsidiary; FINCA and affiliate policies, procedures, plans and agreements; decisions of affiliate governing bodies as well as headquarter and regional office; maintain good coordination with regional office, headquarters, and governing bodies,
• Mobilize funding resources in form of debt and/or grant capital: together with the CEO and the CFO, represent FINCA Tanzania at negotiations and due diligence processes, providing to partners a strategic overview of the business.
• Promote FINCA Impact Finance in the country:

• • Ensuring FINCA’s Brand in the market is known and understood to represent friendly, warmth, and responsible service.
  • Build a network of contacts with leading corporate executives, government officials, and professional associations in the Congolese market, including ANIMF (National Association of MFIs), American Chamber of Commerce, FEC, etc.
  • Use the above mentioned network to: promote FINCA’s agenda, improve the awareness about FINCA Tanzania and FINCA Impact Finance, attract deposits from institutions and high income individuals, and to lead discussions for commercial agreements and strategic alliances.

• Contribute to the development of the FINCA network.

1. Visionary Leadership
2. Ethics
3. Strategic Thinking
4. Change Management
5. Delegation and Empowerment
6. Quality Management

MODE OF APPLICATION: APPLY ONLINE
Job Requirements
QUALIFICATIONS

• Experience in commercial/retail banking: 8 years minimum, experience in credit: 4 years minimum,
• International experience in developing countries: 3 years minimum,
• Experience working in micro-finance an asset, experience in setting up micro-finance programs preferred, branch management exposure preferred,
• Risk Management experience required,
• Proven people management skills (with minimum of 5 direct reporting managers),
• Exposure, and established interest, in working for poverty alleviation,
• Strategic planning exposure a must,
• Experience in cash flow projections and analysis of business models,
• High degree of computer literacy a must.

• Master’s degree (or equivalent) in related discipline required.

Language Skills

• Fluency in English required.

Reasoning Ability

• Strategic Thinking,
• Balanced between analytical and action oriented,
• Innovative,
• Strong management in volatile and uncertain scenarios.

Computer Skills

• Broad understanding of core banking systems
• Broad understanding of new technologies and their impact on retail banking: mobile banking, internet banking.

KEY DELIVERABLES
Key deliverables for the position include:a) Achievement of strategic goals such as: Creation and update of long term (5 years or longer) strategic business plans, closing of strategic partnerships, lead the launch of new business lines, re-engineer existing credit products, develop pre-approved credit programs, achieve long term risk mitigation goals.b) KPIs including: contribution to Big 5, and direct responsibility for KPIs of the functional areas under his / her control.

KEY RELATIONSHIPS
a) With all functional mangers in the subsidiaryb) With other Management Board members; promoting a strong team spiritc) With Subsidiary’s Board membersd) With FINCA International mangerse) With top managers of organizations in the private sector (NGOs, for profit corporations) and public sector (Central Bank, Tax authorities, Judges, Ministers.).

TRAVEL REQUIREMENTS