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Foreclosure and Debt Recovery Division Manager

VisionFund Micro-Finance Institution

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Legal Services

Law

Addis Ababa

1 Position

2023-08-08

to

2023-08-13

Required Skills
Required skills have not yet been specified for this position this job
Fields of study

Law

Full Time

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Job Description

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 is currently operating in five of the Regional States of the country. VisionFund MFI is currently looking candidates for the position of Foreclosure and Debt Recovery Division Manager based at the head office. The successful candidates will have skills and experience that meet the following requirements:

1. Job Summary

Under the direct supervision of Legal Services Department Director, Foreclosure and Debt Recovery Division Manager will be responsible to supervise, directs and coordinates the debt recovery and foreclosure services of the Vision Fund MFI, monitors and coordinates assignment with other functional units, assigns cases to attorneys and follows up the progress of cases, provides legal and procedural guidance to subordinates

Duties and Responsibilities:

• Direct and coordinates the debt recovery and foreclosure services of Vision Fund MFI;

• Formulate detailed frameworks to accomplish mandated functions;

• Prepare letters to defaulters for the settlement of arrears on loans granted by Vision Fund MFI,

• Endeavors to settle cases amicably in consultation with supervisor, through negotiation with defaulters;

• Prepares statements of clam, defense, pleadings, declaration of affidavit and memorandum of appeal;

• Assigns foreclosure and court cases to attorneys and closely follows up progress;

• Reviews report of subordinates, and gives legal and procedural guidance in the litigation of cases;

• Represents Vision Fund MFI in complex and sensitive court litigations, in hearings and investigations before courts or administrative tribunals;

• Examine judgments and court orders and advises supervisor on the appropriate action to be taken;

• Handles and processes foreclosure cases in accordance with the foreclosure proclamation and ruling of courts; 

• Prepare and summits periodic reports on status of cases handled by the service;

• Supervises and evaluate the performance of subordinates;

• Ensures that legal documents and files are kept safely and in strict confidentially;

• Performs other related duties as required.

Job Requirements

• LLM/LLB degree in Law. 

• A minimum of 7/9 years of relevant work experience, out of which 3 years in supervisory position.

• Demonstrated technical and managerial ability, sound judgement, and ability to interact and work effectively with others at all levels.

• Excellent written and oral communication and presentation skills. 

• Good knowledge of Legal research methods, the court system and procedures, legal ethics.

• Ability to interpret, analyse and solve problems.

• Ability to act in professional and ethical manner. 

How to Apply

Submit your application letter, updated curriculum vitae with names and addresses of up to 3 references, and non-returnable copies of credentials via email: VFE_vacancy@wvi.org or in-person to VF MFI SC Head Office located around Gerji Mebrat Haile in front of Mulmul Dabo or POBox 31478

NB: Women applicants are highly encouraged to apply!

Fields Of Study

Law

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