Yetu Microfinance Bank PLC was born out of the transformation of Youth Self Employment Foundation (YOSEFO), an NGO which was established in 1997 and successfully managed microfinance business on a sustainable basis. Yetu Microfinance Bank PLC started operations on October 1, 2014 and was fully licensed as a Microfinance Bank PLC on February 20th, 2017.
Vision
To become a market leader in Microfinance, branchless banking and mobile banking a offering simple, innovative and value added products and services to the Micro and Small enterprises and the general public.
Mission
To help in improving access to finance, provide exceptional value to our clients and expand economic opportunities for people of the united republic of Tanzania We will also provide exciting and challenging career opportunities to our employees and create and enhance value for our shareholders.
JOB VACANCY
JOB TITLE: Branch Manager
Location: Mngeta, Kilombero District
Deadline: 10th November 2020
Main tasks
● Coordinate and control liquidity, branch operations and oversees implementation of internal controls
● Implement policies and procedures at Yetu Microfinance Bank Branch and Financial Services Centre level
● Supervise Financial Service Centres under him/her
● Chair Branch Credit committee and participate I evaluating, approving or rejects loans according to the policies
● Ensure the branch meets the set targets against business plan review and endorses loan for approval and restructuring
● Plan and initiate promotional measures within target market of the Branch and champions loan collection
● Ensure accuracy of all documents, requirement of quality loans before disbursements
● Review legal documents and security files of approved loans and assists Legal counsel in matters involving remedial account management
● Champion savings mobilization, Develop and maintain good working relationship
● Coordinate with People & Culture on staff recruitment, replacement, development, promotions and proper exits of branch staff with support from Human resources & Credit Manager
● Manage staff attendance, duty distribution and monitors staff performance, evaluation and
● Ensure timely submission of Branch reports and provide feedback to Branch staff
Responsibility:
● Manage and supervise all employees at the branch;
● Responsible for day-to-day supervision and leadership of the branch
● Maintain and oversee all banking procedures and processes including regulatory compliances.
● Drive targets of Accounts, Savings book, Loans, and Insurance
● Oversee the approval of loans, line credits, fiscal plans and ensure that loan issued are collected on
● Ensure effective customer service and satisfaction to bank Market branch within the community to attract
● Oversee the branch budget, preparation of the budget and Represent positively interest of the Bank in Morogoro region
Education/Experience
● Bachelor’s Degree in Commerce, Business Administration ,Finance or equivalent
● Very good analytical & reporting skills
● 7years’ experience in credit management, savings & deposit operations
● Masters in Business Administration/Finance/Accounting is an added advantage
HOW TO APPLY
If you fit the description, please send you application and CV (maximum three pages) tohr@yetumfplc.co.tz
Application will be evaluated on rolling basis until a suitable candidate is hired.
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