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Job Description

MEDF, a licensed Micro Finance institution wholly owned by the Government of Malawi invites applications from self-motivated and highly experienced persons to fill position of: 


HEAD OF OPERATIONS


Summary of Role

Reporting to the Chief Executive Officer, the incumbent will be in charge of Operations department and will, among other things, be responsible for:

  • Growth and management of the loan portfolio through vibrant marketing strategies.
  • Ensuring portfolio quality and growth for long-term sustainability and profitability of the institution.
  • Managing PAR Day 1 to PAR Day 30, ensuring that no loan officer exceeds the minimum thresholds.
  • Managing Regional operating expenses in order to contain costs while maximizing profitability.
  • Supervising and managing daily operations of the Regional as well as Area Service Centers
  • Developing staff training plans and managing implementation
  • Developing policies and procedures consistent with Reserve Bank of Malawi Directives
  • Ensuring achievement of lending targets and other goals as outlined in the business plan and approved by the Board of Directors
  • Developing and implementing strategies for promotion and expansion of client services, ensuring client satisfaction and business growth for the Fund.
  • Developing and introducing new products for the Fund in line with current market trends for the MFIs.
  • Monitoring all loan activities to ensure they conform to established procedures and required regulations
  • Carrying out periodic visits to the field, ensuring that business proposals are in full compliance with Fund’s minimum requirements.
  • Managing all staffing issues to make sure that maximum productivity per person is achieved.
  • Coaching and mentoring poor performing staff, making sure that everyone becomes equally high performing staff.
  • Developing and implementing controls, making sure that there is no revenue leakages from the Fund’s books.
  • Implementing Audit findings to ensure compliance.

Qualification
  • Applicants must have a minimum of a Bachelor’s Degree in Business Administration, Marketing, Social Sciences (Economics) or Banking
  • With at least 5 years proven work experience in a similar position in a Microfinance institution or bank and those who have a Master’s Degree will have an added advantage.


Method of Application

If you meet the above qualifications, then you are the right person we wish to hear from. Please submit your application together with detailed and up to date CVs, copies of certificates and names and contacts, including emails and phone number of at least three (3) traceable referees to the following address not later than 1st November, 2019.

The Chief Executive Officer,
MEDF Head Office,
P. O. Box 779,
LILONGWE

Email: info@medf.mw 

Only shortlisted applicants will be acknowledged


Skills Required


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Job Detail

  • Location
    Lilongwe
  • Company
  • Type
    Full Time
  • Positions
    1
  • Apply Before
    02 Nov, 2019

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