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 Deputy Chief Executive Officer - Operations based at Head Office. The successful candidates will have skills and experience that meet the following requirements:

Deputy Chief Executive Officer - Operations is responsible for credit appraisal, credit provision, portfolio management and engineering activities; Branch Operations, Resource Mobilization and E-Banking Operations of the Institution.

Major Duties and Responsibilities

• Planning, organizing, coordinating and supervising the credit services, portfolio management, engineering services, Resource Mobilization and E-Banking Operations of the Institution;

• Planning, directing, organizing and executing the operation of the business operation of the Institution;

• Ensuring the effective implementation of policies and procedures at all levels of operation;

• Ensure profitability and sustainability of the business operation of the institution;

• Monitor and follow-up the performance of Regional offices;

• Provide strategic leadership for the entire management team working in the office;

• Ensure conducting front line staff training based on needs identified, organizing and coordinating client orientation concerning savings products available with special emphasis to client value propositions; 

• Design systems to ensuring that every saving deposit and withdrawal is captured in the recording system and general ledger and subsidiary ledger reconciliation is carried out on weekly and monthly basis; 

• Ensuring that effective and reliable risk management and internal control system is in place for safety of deposits by clients; 

• Ensure monitoring weekly and monthly performance of Regional/Branches and compiling data on saving and preparing and submitting periodic regular reports to supervisor incorporating challenges encountered and improvement recommendation; 

• Developing systems that enhance customer value proposition and keep savings account closure at minimum;

• Planning, organizing, directing, implementing and controlling the KYC functions of the Institution; 

• Ensure to avail the necessary client information for legally mandated external stakeholders upon request;

• Ensure regularly update and report the KYC data base of the Institution;

• Ensuring compliance with the Institution’s policies and procedures as well as with NBE directives related to digital channels;

• Ensuring   necessary human resource, support facilities and services are provided to branches that fulfills established standards of the Institution;

• Identifying dormant and inactive accounts regularly for possible action.

• Taking corrective actions on audit findings and recommendations.

• Performs other duties as assigned by the immediate supervisor

Job Requirements

• MA/MBA/BA Degree in Accounting, Economics, Management or related fields.

• A minimum of 11/13 years of relevant work experience, out of which 5 years in senior managerial position, preferably in MFI/Banks.

TECHNICAL AND OTHER SKILLS

• Ability to provide leadership, communicate effectively, and promote a team approach to enhance staff commitment to successfully implement the Company’s Strategic Plan;

• Demonstrated technical and managerial ability, sound judgment, conceptual understanding of participatory approach and sustainable development;

• Good understanding of MF industry and technology

• Determined personality with initiative, perseverance and the ability to motivate and manage a team

• Capability and willingness to take responsibility and highly developed sense of integrity

• Proficiency in Microsoft and experience of micro fin (preferred).

• Good knowledge in economic and financial topics

• Be a good trainer, facilitator, mentor, and coach

• Very good communication (presentation) skills

1. Terms of employment: Permanent

2. Salary & Benefits: Negotiable and attractive salary. The Institution has also attractive salary with benefit packages  including Institution’s car with adequate fuel allowance.

3. Closing Date: October 23, 2024

How to Apply

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