Area Operation Manager for Wolaita Sodo

at VisionFund Micro-Finance Institution S.C.
Location Wolayita Sodo, SNNPR, Ethiopia
Date Posted March 13, 2020
Category Management
Job Type Full-time
Currency ETB

Description

                                          Re-Advertised

About the Organization:

VisionFund Micro Finance Institution (S.C) is an Institution established according to proclamation No. 40/96 to provide financial services to the productive poor in the rural and urban areas of Ethiopia. VisionFund MFI is currently operating in four of the Regional States of the country. VisionFund MFI is looking for competent candidates for the position of Area Operation Manager. The successful candidates will have skills and experience that meet the following requirements:

1.    Duties and Responsibilities

                  Sound extension, monitoring and documentation of branch operations   

·      Exchanges information with the CEO, DCEO, and other departments and secures an adequate

information flow within the area;

·      Recommends to the SMT any proposed major changes on branch offices or infrastructures, such

as relocation, renovation, etc.;

·      Monitors loan collaterals submitted by clients; and as recommended by the branch, controls and

facilitates the selling of these collaterals in coordination with the institution’s legal officer;

·      Oversees the implementation of the internal control systems, ensuring the smooth running of the

business and safeguarding the institution’s assets; Follows-up with the concerned branch manager(s) any actions required from the branches as recommended by the audit findings;

·      Ensures that policies and procedures are applied consistently and uniformly across all branches in the area;

·      Plans and ensures the implementation of an adequate and timely reporting system with focus on

each branch’s asset quality, liquidity, capital adequacy, and provisioning;

Efficiency of Branch Operations

·      Undertakes and facilitate development of annual plan and budgets for branches,

·      Supervises the day-to-day branch operations through the Branch Managers to ensure that the

targets set and agreed upon are met;

·      Coordinates with the Finance & Accounts department and branch managers to make sure that

there is appropriate branch liquidity management;

·      Coordinates with the HR department in planning personnel need and capacity building of the branches, Consults with the MIS/ IT department any monitoring or reporting related issues, and resolves the issues at the soonest time possible;

Maintain the deposit level and quality of loan portfolio of the branches within the area  

·      Champions” the efforts in managing loan delinquency by closely monitoring the branches and ensuring strict compliance to all policies and procedures;

·       Responds and actively manages branch operations outside of acceptable levels.

·      “Champions” the efforts in mobilizing savings from the public;

·       Ensures the existence of quality customer service at branch level

        Management of the staff in the Area

·      Ensures that the operations staff receive adequate training; Participates in development/ reviews of curriculum for training of the Credit Officers; Collaborates closely with Staff engagement & performance Manager in matters of training new and in service operations staff (Credit Officers, Tellers and Branch Managers)

      Integration and Marketing

·      Ensures a strong integration and networking with Primary partners, local authorities and sectoral line relevant departments

·      Ensures development of suitable products

·       Ensures undertaking of client satisfaction surveys, likes and dislikes and focus Group discussions on a regularly basis

·      Ensures expansion of branch offices in compliance to branch  office opening, procedures and standards

·       Ensures delivery appropriate reports to the partners, local authorities and other Partners

Job Requirements

·         A minimum university degree in economics/ accounting/ management/ banking/ cooperative/ agricultural economics/relevant social sciences/business fields and prolonged experience in credit and preferably deposit operations·         Must have at least eight-year working experience out of which three years in supervisory position in credit and saving operations or economic and business development institution

·         Must have a clear understanding of micro finance industry and technology

·         Must be proficient in Microsoft applications

·         Local language skills is advantageous

·         Good command of written & oral English skill is advantageous.

 ·         Place of Work:         Wolayita Sodo

·         Terms of Employment:    Permanent

·         Closing Date:                   March 10, 2020

 

Applying Instructions

Candidates who fulfill the above requirement can send application letter, updated curriculum vitae, names and addresses of up to 3 references and non-returnable copies of credentials to  VFE_Vacancy@wvi.org.

 

Only short listed candidates will be contacted for subsequent assessment

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