Managing Director (MD) at DUTERIMBERE IMF PLC: (Deadline 20 May 2022)
RECRUITMENT N0 01/2022
Position: Managing Director (MD)
- INTRODUCTION
DUTERIMBERE-IMF, PLC is a microfinance institution licensed by the National Bank of Rwanda. Its mission is to provide financial services for the social and economic development of the people of Rwanda, and in particular low-income women but economically and potentially active.
In order to provide efficient services to its clients, DUTERIMBERE-IMF PLC is seeking to recruit highly-skilled, self-motivated and experienced persons to fill the position of Managing Direct (MD)
Under the supervision of the Board of Directors, the duties and responsibilities of the MD are described below:
JOBS DESCRIPTIONS
- Overall management and governance
- Strategic planning and business development
- Human resource and talent development
- Communications and external stakeholder relations
- DETAILED JOB DESCRIPTION
Overall Management and Governance
- Serve as ex officio non-voting member of Board of Directors
- Execute the policy decisions of the Board
- Manage the day-to-day operations of the institution by providing clear leadership and guidance to all functions of the institution, including Finance, Operations, Administration, Special Projects, HR, IT.
- Cultivate culture of cooperation and high performance
- Drive organizational performance, both quantitative and qualitative; achieve business plan targets
- Uphold standards of risk management at all levels and ensure effective supervisory control and management review
- Sustain the institution’s social mission and its dedication to financial inclusion
Strategic Planning and Business Development
- Develop annual and longer term plans and budgets, incorporating input from the different departments for approval by the Board
- Oversee the implementation of budgets and strategic plans, including oversight of fundraising
- Set financial and operational performance targets for all key operating units
- Set employee performance standards required to achieve short and long term objectives and goals
- Lead the MFI’s expansion into new geographic areas
Human Resource and Talent Development
- Build a strong and effective senior management team
- Establish an effective and competent participatory management style
- Implement performance management system for senior management team
- Oversee and support the development and implementation of effective HR policies and procedures for recruitment, training and talent development
- Motivate all staff and ensure that staff is dedicated to the mission of the MFI
- Mentor and coach senior management
Communications and External Stakeholder Relations
- Build the MFI’s reputation as a company committed to excellent client services, both
Internally and externally
- Maintain solid relations with shareholders and external parties, including the BNR, the Government of Rwanda, investors, and other business partners
- Ensure quality information flow to investors, regulators and other stakeholders as relevant
- QUALIFICATIONS:
- Master’s degree in business Administration, Finance is desirable and other related field with at least 5years of which should have been in senior management positions in a micro finance or similar financial services company,
- Bachelor’s degree in Finance, Economics, Accounting, Management, business administration or any other related field with 10 years’ experience in microfinance, banking sector or similar administrative and financial service.
- General knowledge of a wide range of micro banking products, including loans and savings
- Advanced knowledge of retail banking operations, products and services as well as knowledge of standard baking compliance regulations, banking law, business law, employment and labor law, internal operational policies and procedures
- Demonstrated experience leading and building cohesive, high performing teams,
- Strong analytical, interpersonal, communication and influencing skills
- Ability to delegate effectively amongst teams and show commitment to the long-term development of the management team through coaching and mentoring
- To be integrity
- Commitment to the institution’s social mission and corporate values
- Fluency in English, French and Kinyarwanda is required
REQUERMENTS
- Job application letter addressed to chairperson the DUTERIMBERE-IMF, PLC;
- Detailed Curriculum Vitae;
- Photocopy of diploma & training certificates;
- Certificate of services rendered;
- Three reference persons
- Photocopy of identity card.
NOTE: Applications will be submitted to the headquarters of DUTERIMBERE – IMF PLC in Kanogo not later than Friday 20 May 2022 at 1: PM. Only shortlisted candidates will be invited for exam.
KAMBAYIRE Annonciata
Chairperson of DUTERIMBERE IMF PLC
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