VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast-growing and reputable Micro Finance Bank (MFB), has a loan book of TZ's. I 7 billion and 30,000 customer base, more that 5,000 of them being smallholder farmers. VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant position detailed here below;

Work reference no. 008/22

Position: SME/Individual Lending Manager

Reporting to: Chief Operations Officer

Responsibility:

• Staff Recruitment and Training on Well-equipped staff for Individual Lending
• Monitoring on Portfolio Growth through Individual Lending
• Coordinate the efficiency and harmony among stakeholders of the Individual Lending Methodology
• Reporting – Real time and reliable information made available for different stakeholders
• Market Surveys and Lesson Learnt – Understanding the outcomes of the Individual Loan Product and to know the areas of improvement and the new opportunities in the market

Main tasks:

• To supervise the Individual Loan activities ensuring that financial and operational performance targets for the Individual Loan Product are achieved through specialized Loan Officers and their Supervisors.
• To train Loan Officers and Supervisors on the marketing and selling of the Individual Loan Product
• To develop and foster a career path for Individual Lending Loan Officers and Loan Supervisors
• To continuously train BCMs for effective monitoring of the Individual Loan Product
• To provide guidance on the lending business plan and performance targets
• Monitoring the implementation of best practice, policies and procedures on Individual Lending
• Guidance on key result areas, implementation of activities, and workload
• Reporting on the progress of the Individual Loan Product to the management and other stakeholders.

Education/Experience:

• University Degree in Economics, Accounting, Finance, or Business Administration.
• Master’s Degree in the related field will be an added advantage
• Minimum of 5 years of Individual/SME/Commercial Banking, Sales and Management.
• At least 3 years’ experience in training and coaching SME/Individual lending teams.
• Advanced knowledge of related statutory and regulatory banking compliance regulations,
• Very good analytical skills (including the use of excel in analyzing data and reporting

Mode of Application:

Interested and suitably qualified individuals should forward their application letter, attaching copies of their academic and professional certificates; detailed CV’s with three referees to; vftHRstaff@vftz.co.tz.

The position should be the subject of the email application.

OR; through the postal address below:

The Chief Executive Officer,

VisionFund Tanzania Microfinance Bank Limited,

P.O. Box I 546,

Arusha TANZANIA

The application should reach the undersigned not later than 10^th June 2022.

N.B. Only short-listed candidates will be contacted

Disclaimer

VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/ agent to conduct recruitment on its behalf.