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 Executive Assistant to the Chief Executive Officer based at Head Office. The successful candidates will have skills and experience that meet the following requirements:
Executive Assistant
Job Summary:
The Executive Assistant is responsible for providing overall assistance to the CEO including time management, office management and documentation.
Major Duties and Responsibilities:
• Streamlining Operations: Helps in streamlining operations and improving internal control in key areas such as effective management, leadership, organizational development, and coordination of different departments.
• Policy Development: Supports the CEO in the development and coordination of policy matters within the organization.
• Meeting Coordination: Coordinates and arranges executive and senior management meetings, prepares agendas, take minutes and provides updates to the CEO on the status of implementation.
• Written Communication: Responsible for composing, editing, and completing first drafts of guidelines, manuals, policies, proposals, circulars, terms of references, and other written communications.
• Report Review: Edit and review reports and proposals before submitting them to the Board.
• Document Preparation: Provides support to the CEO in the preparation of various documents.
• Perform other tasks assigned by the CEO.
Job Requirements
• Excellent written an MA/MBA/BA in Secretarial Science and Office Management or related
• A minimum of 7/9 years of work experience as secretary.
Technical and other skills
• Proficient in computer (MS word, Excel, Power Point) and Internet browsing skills.
• Good written and spoken English languages.
• Good interpersonal and communication skills.
• Ability to communicate information accurately.
• Terms of employment: Permanent
• Salary & Benefits: As per the Institution salary scale.
• Closing Date: August 29, 2023
Director, Credit Service and Portfolio Management Department
Job Summary:
The Director, Credit Services and Portfolio Management is responsible for planning, directing, organizing, coordinating and supervising the overall credit services of the Company. He/she identifies gaps in the credit service processes; identifies causes of customers’ dissatisfaction as well as gaps and problems on credit policies and proposes way out solution to the DCEO-Operations. He/she also motivates, empowers, and inspires the staff for better performances as well as evaluates the performances of the staff under his/her supervision.
Major Duties and Responsibilities:
• Planning, organizing, coordinating and supervising the credit services & portfolio management of the Institution;
• Review credit analysis proposals and give feedback and recommendations to the approving organ.
• Take part in loan approval decision, check and sign on the loan approval form, delivery time report and other periodic reports to ensure validity and completeness.
• Lead the timely and accurate classification of loans and advances and adequate provisioning thereof.
• Monitor the credit reference system to ensure that it is functioning in line with the requirements of National Bank of Ethiopia (NBE) directives.
• Develop strategies to follow up and recover defaulted loans and lead their proper implementation.
• Review recommendations for write-off of loans and participate in making write-off decisions.
• Review loan disbursement request, recommend for approval as per the policy.
• Propose work out or remedial action on any problem of loan before it becomes non-performing;
• Develop strategy to reduce and handle problems of the functional unit.
• Present recommendation on the changes to be made on the Credit Analysis policy and procedure;
• Guide loan requests forwarded from the Region Offices & Branches as per the loan approval guideline;
• Ensure the validity, legality and appropriateness of the applicant’s documents for credit processing;
• Develop standards to be followed by branches and region offices in credit analysis;
• Develop techniques and approaches to be used in credit analysis and approvals;
• Identify skill or knowledge gap of region offices & branches and present recommendations on the areas of training and/or education to be provided for staff;
• Work cooperatively with different Departments (horizontally).
• Maintain relevant data base to be used for credit analysis, approval, follow-up, etc.;
Job Requirements
• MA/BA Degree in Banking & Finance, Economics, Management, Accounting or related field.
• A minimum of 8/10 years of relevant work experience, out of which 4 years in 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 judgement, ability to interact and work effectively with others at all levels;
• Firm belief in teamwork and gender equality;
• Capability and willingness to take responsibility and highly developed sense of integrity
• Proficiency in Microsoft office applications
• Excellent written and oral communication skills.
• Terms of employment: Permanent
• Salary & Benefits: Negotiable and attractive salary. The Institution has also attractive benefit packages for the position including Institution’s car with adequate fuel allowance.
• Closing Date: August 29, 2023
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.