Thursday, July 19, 2018

Employment Opportunities at VisionFund Tanzania Microfinance Bank Limited

  Xpresstz       Thursday, July 19, 2018

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VisionFund Tanzania Microfinance Bank Limited is a fast growing and reputable Micro-Finance-Bank (MFB), it has an outstanding loan portfolio of Tshs. 24 billion and an existing customer base of 54000 clients and over 5000 of the total customer base are smallholder farmers. VFT MFB is an equal opportunity employer looking for dynamic and committed Tanzanian young men & women who have the passion for people’s economic development to fill in the vacant positions detailed here below:

Work reference no. 3
Position: Business Centre Manager/Branch Manager
Reporting to: Regional Manager

Job Role:

To market VFT MFB products and services within the prescribed Business Center area of operations with emphasis on leading quality business growth, both loans, and savings.

Main Duties & Responsibilities:

  • Develops the Business Center/Branch business plan and annual work plans and ensure adequate resource allocation within the Business Center.
  • Ensures that the set Business Center targets per product are exceeded.
  • Ensures that organization policies, procedures, and internal controls are adhered to
  • Decides on all operational issues within the framework of existing regulations and management decisions
  • Responsible for proper and timely reporting of Branch activities: weekly, monthly and quarterly as per VFT MFB requirements.
  • Works with other management members of VFT MFB, engages in team problem solving, works together on overlapping tasks, and provides back-up support to the other branches and head office as needed

Education & Special Personal Abilities

  • University degree in Economics, Accounting, Business Administration.
  • Proficient in Microsoft applications,
  • 5 years’ experience, 2 years in the supervisory position in a microfinance industry
  • Banking certification and experience is an added advantage.

Soft Skills

  • Excellent character and unquestionable integrity.
  • Determined personality with initiative, perseverance and the ability to motivate and manage a team.
  • Capability and willingness to take responsibility and a highly developed sense of reliability and correctness.
  • Good knowledge on economic and financial topics.
  • Experience in Microfinance. Experience in the operational business of VisionFund Tanzania Microfinance Bank Limited is an added advantage.
  • Diverse departmental skills in Marketing, Sales, Accounting & Finance
  • Very good communication and leadership skills.
  • Networking, negotiating, and problem-solving skills
Work reference no. 4
Position: Legal Officer
Reporting to: Head of Risk and Compliance

Job Role:

To oversee all the legal aspects of VET business ensuring that all departments and branches are strictly following law guidelines giving appropriate legal advice to management about relevant issues

Main Duties

  • Give accurate counsel to Management and branches in a variety of legal issues in a timely manner
  • Collaborate with Head of Risk to devise efficient defense strategies on partner disputes or court cases
  • Support Head of Risk in specifying internal governance policies, develop legal tracking log and regularly monitor compliance
  • Research on market developments, evaluate different risk factors impacting VFT business products and advise management.
  • Maintain current knowledge of changes in legislation. Apply effective risk management techniques and offer proactive advice on possible legal issues involved.
  • Support management in negotiating MOU contracts with external business partners providing clarification on required legal language or specifications to management
  • Manage relations with regulators, police, courts, public authorities, administrators etc creating relations of trust
  • Own all bank litigations and coordinate the activities of external lawyers on outsourced legal cases. Ensure timely closure of exposures involved.
  • Manage external debt collectors on hard core and written off loans and ensure timely collection in excess of targets given
  • Draft and solidify agreements, contracts and other legal documents to ensure the company’s full legal rights are always prelected
  • Perfect loan documentation relating to high value loans appropriately especially on SME and Asset Finance loans

Education & Special Personal Abilities

  • University degree in Law
  • Graduate from Law School of Tanzania
  • Proficient with Microsoft applications.
  • Three years working experience as an Advocate is an added advantage Kcnuircd Soft Skills
  • Excellent character and unquestionable integrity.
  • Determined personality with initiative, perseverance and the ability
  • Capability and willingness to take responsibility and highly developed sense of reliability and correctness.
  • Networking, negotiating, and problem solving skills
  • Good trainer, facilitator, mentor and coach.

Working Environment & Remuneration.

VisionFund Tanzania has a calm and harmonious working environment where all staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

How to Apply

  • Application letters stating the position applied with photocopies of certificates and CVs with three referees should be sent EITHER online to OR through the below postal address.
The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P.O. Box 1546, Arusha.TANZANIA.
The application to reach VFT-MFB not later than two weeks after the first appearance of this advertisement
N.B. Only short-listed candidates will be contacted
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