2 Job Positions of Branch Managers at Umutanguha Finance Company Plc: (Deadline 19 July 2024)
ADVERTISEMENT OF TWO (2) VACANT POSTS TO THE POSITION OF BRANCH MANAGERS
UMUTANGUHA Finance Company (UFC) Plc, a company duly registered in the office of the Registrar General under company code number 101310843, licensed by National Bank of Rwanda to operate as Micro Finance Institution in Rwanda headquartered in Kigali, Opposite Nyamirambo Stadium, House # 177, KN2 Avenue, P.O Box 2998 Kigali, Tel 0788387730, email: [email protected].
Umutanguha Finance Company Plc (UFC) is a public company limited by shares, it is a microfinance institution which was established in 2003 first as a Saving and credit cooperative, which transformed into a Union in 2006 and later on in 2013 as a public company limited by shares.
Since 2013 UFC made two amalgamation transactions where it acquired 2 microfinance cooperatives in 2016 and in 2018, UFC acquired 1 microfinance company and 2 microfinance cooperatives through amalgamation. In May 2023 the National Bank of Rwanda has approved FINAFRICA MICROFINANCE HOLDING a subsidiary of FINAFRICA which is also a subsidiary of GROUP DUVAL as major shareholder of UMUTANGUHA FINANCE COMPANY PLC with 51% shareholding. The institution has 23 branches (5 branches in Kigali and 18 branches outside of Kigali) and 1 outlet in Rwanda.
Currently UMUTANGUHA FINANCE COMPANY Plc is recruiting self-motivated, creative, persuasive individuals with excellent communication and sales skills to fill the position of Branch Manager.
KEY DUTIES AND RESPONSABILITIES:
- Achieve a targeted revenue, profitability, risk control, loan portfolio quality and quantity, saving portfolio volume, clients and outreach, job creation and training objectives as set in the Branch performance targets, action plan and budget.
- Conduct field visits to potential borrowers and loan applicants, in order to countercheck the information provided by the saving and credit officers.
- Make a preliminary assessment of loan applications and submit them to the branch loan committee.
- Sit in the Branch loan committee.
- Conduct field visits to sampled regular borrowers in order to give them potential advice for a better running of their businesses.
- Coordinate recovery activities and visit the main defaulters.
- Coordinate all activities related to branch fund management including the management of the safe, the branch bank accounts, transfers between banks and the branch safe, make daily cash control of cashiers, accounting records, etc.
- Retain, motivate and coach each staff to ensure that the Branch office is appropriately staffed, organized and managed to achieve its performance objectives.
- Ensure that microfinance ‘best practice’ operating, credit and human resource policies, systems, and processes developed by the company are implemented in a consistent manner to deliver repeatable results.
- Oversee the ongoing development of a training curriculum that is transformational for clients.
- Develop and implement an overall long-term sales and marketing strategy for the branch under his/her responsibility.
- Build a healthy relationship and partnership with local authorities, financial institutions, local shareholders and other stakeholders.
- Considering the local market trends, suggest to the Head office any measure aimed at increasing the branch performances and outreach.
- Any other task assigned by the Line Supervisor.
Qualifications, Skills and Experience:
- The candidate should hold a university degree in Accounting, Finance and related fields;
- At least five-year relevant experience in UFC Plc in business related field;
- The candidate must have working knowledge in both English and French
- The candidate must be computer literate (Word, Excel) and have strong knowledge of UFC core banking system (ICBS Core Banking System).
Requirements:
- Bachelor’s degree in economics, Accounting, Management, Finance and Banking and related fields
- At least 4-years’ experience in banking or micro finance sector with Minimum 2-years on managerial position ;
- Excellent understanding of the bank operations and credit functionalities
- Negotiation and strong analytical skills
- Excellent and effective communication skills, both orally and in writing
- Able to work in any UFC Plc Branches located in all provinces in Rwanda
- Excellent sales skills
Application documents:
- Application letter
- Curriculum vitae
- Studies documents (copies of Certificates, academic transcripts, degree, etc)
- Training and experience documents
- A list of three references and their contacts
Note: All documents should be scanned in one document and be electronically submitted to: [email protected] (Please mention the position you are applying for in the email subject).
The deadline for receiving applications is 19th July 2024 at 5:00 PM
NB:
- Only short-listed candidates will be contacted
Done at Kigali, 8th July 2024.
Mrs. Josephine MUKUNDIYIMANA Mr. Noel MUHAWENIMANA
HR& Admin Manager Chief Executive Officer
Kindly Note
All Jobs and Opportunities Published on mucuruzi.com are completely free to apply. A candidate should never pay any fee during the recruitment Process. Even if mucuruzi.com does its best to avoid any scam job or opportunity offer, a job seeker or an opportunity seeker is 100% responsible of applying at his own risk.
Check well before applying, if you doubt about the eligibility of any offer do not apply and notifie to mucuruzi.com via this email: [email protected] and remember to never pay any fee to have a job or get any opportunity, if you do so, do it at your own risk.
