Branch Manager Job Vacancy at FINCA Microfinance Bank

Job Title: Branch Manager Job Vacancy

FINCA Microfinance Bank is highly looking forward to employ a Branch Manager to work for the institution.

Job location: Tegeta Branch, Dar es Salaam

FINCA Microfinance Bank (T) Limited

FINCA Microfinance Bank is a financial institution providing savings and loans throughout the country, promoting financial inclusion to small entrepreneurs.

Validity period: 22/11/2023 – 26/11/2023

JOB SUMMARY

The Branch Manager is accountable for the branch business growth, profitability, human resource planning and management, risk, control and compliance.

ESSENTIAL DUTIES:

  • Lead on business growth and development of the branch agent’s network to maximize return by organizing sales drives around agents focusing on recruiting new clients.
  • Develop strategies and lead the branch team on executing the strategies focusing on deposit mobilization and ensure the branch target are meet.
  • Assure a high level of efficiency and accuracy in all back office operations, at a level that supports the front office staff and results in customer satisfaction.
  • Ensure 100% compliance to the bank’s policies and procedures and that every individuals understand and follow the guideline stipulate on all policy and procedures
  • Provide leadership to all branch staff in the service of creating a team that is professional at all times and with a strong compliance environment including ensuring regular communication of all FINCA policies and procedures.
  • Oversee Branch staffing to ensure efficiency, productivity, and smooth operations.
  • Monitor Branch performance versus plan, and provide explanations for variances and way forward.
  • Complete daily Branch reports and internal audit responses in accordance with established standards and deadlines
  • Interpret Branch financial statement with an understanding of branch level profit drivers and underlying causes of risk and possible mitigation.
  • Monitor and control Branch expenses improving operational sustainability.
  • With contribution from your branch team develop annual targets and outreach plans for the Branch, and submit these to your line Manager for further review.
  • Manage the branch cash flow and liquidity planning through on time submission of disbursement projections and operational expense requirements.
  • Promote the bank brand image and lead the branch team towards creating awareness of the brand and service offered by the bank and its VAS.

QUALIFICATIONS:

  • University Degree preferably in Commerce and Management, Business Administration, Banking or any other related field. MBA is an added advantage.
  • At least 3 years work experience in a recognized Microfinance Institution or Commercial Bank.
  • Computer Literacy

Apply: Send your CV not later than November 26, 2023 to Email: TZ_Recruitment@finca.co.tz

#Only shortlisted candidates will be contacted.