Summary
Date Posted: Friday, September 09, 2022 , Base Salary: Not Disclosed

JOB DETAILS:
Branch Manager
VisionFund Rwanda (VFR) is one of the largest deposit-taking Microfinance Institutions (MFIs) in Rwanda with a mission to provide financial and non-financial services to underprivileged rural communities. VFR is a subsidiary of VisionFund International and began in 1997 as a World Vision microfinance program, and in 2004 became a Central Bank regulated MFI in Rwanda.
We provide microfinance products to empower the clients we serve, primarily vulnerable women with children and youth in rural areas. Our products provide financial services to strengthen Village Savings and Loans Associations (VSLAs) and groups. Our average loan size is US $235. Strategically, we are one of the biggest partners with World Vision Rwanda and Care International in Rwanda.
Our savings products include educational savings accounts for children and we are developing financial products targeting youth. VisionFund Rwanda’s eight branches serve the entire country. Ninety percent of our field officers' work is spent in rural areas meeting potential clients and groups. The introduction of digital solutions allows our loan officers to provide better access to financial services for our most remote clients.

in VisionFund Rwanda
‘’Make a difference to thousands in the land of a thousand hills’’
VisionFund Rwanda (VFR), is Rwanda’s largest microfinance Institution committed to the development of Rwanda through providing affordable financial services (savings and loans) to the less privileged throughout its 4zones in Rwanda. VFR is the institution where you can develop your expertise working with the best people worldwide in a dynamic, team focused high performance environment. If you are looking for interesting but challenging work where you can make a difference in the world, then VFR has the will to make it so. VFR needs to recruit experienced and qualified staff on following positions:

1. Branch Manager
Reporting to Head of Operations
Work location: Kabuga Branch
Major Responsibilities:Branch Manager
Key: KPI (1) weighs 50% other KPIs weigh (50%)
Key responsibilities and weighting (adds to 100%) Key tasks & outputs Indicators
• Branch growth & profitability (50%)
• • Minimum net client growth of 15clients per credit officer, Branch Portfolio at risk 1 day under 1% and Write off for 12 months <1%
• • Steady growth in Client numbers and portfolio volumes both & credit & savings

2. Verification of branch transactions (petty cash, teller cash, and vault cash/mobile money, loan disbursements, etc).
• On-time capturing, authorization (clearing) of data.
• Timely correction of errors.
• No cash shortages/overages.
• Compliance to insurance limits.
• Good audit rating

3. Business Development campaign including radio appearance and community programs.
• Carry out sensitization campaign at least once a month.
• Open up at least 2 field offices in the branch
• Positive customer inflow plus Good rappel with local authorities, customers and other organizations within the vicinity

4. Controls branch expenses and manages the branch budget.
• No budget over shoots ·
5. Compliance to policies and procedures “Low” Risk rating:
>66% Implementation of prior audit recommendations that are within the control of the branch. • No repeat findings

6. Review back to office reports
• Reviewed back to office reports on clients’ files.
• Review back to office reports

7. Any other duties as may be assigned from time to time Creativity and initiative in duties assigned Process improvement Qualification and Experience
• Bachelor’s Degree in Business Administration, Economics, Management, Accounting, Finance and other related field
• 4 Years of experience in similar roles

Our offer
VisionFund Rwanda is willing to offer you a competitive salary, challenging work where you can make a difference in the world, develop your expertise by working with the best people worldwide in a dynamic, team focused, and high-performing environment.

Job Experience: No Requirements

Work Hours: 8

Level of Education: Bachelor Degree

Job application procedure
Should you wish to apply for the position of Branch Manager, please go https://worldvision.wd1.myworkdayjobs.com/en-US/WorldVisionInternational/details/Branch-Leader_R10903 
.All applicants must apply using our online application system, CVs received via email or standard post will not be considered.
If the aforementioned positions speak to you, carefully complete the pre-screen questionnaire and attach your Application letter together with detailed and updated CV via above mentioned Link by or before 15th September, 2022.
In case you face any challenges in applying, please let us know on: recruitment@vfcrwanda.rw  (no applications will be accepted through this email).
Only shortlisted candidates will be contacted.
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