Managing Director – Zimnat Financial Services

Job Description

Applications are invited to fill in the vacant position of Managing Director – Zimnat Financial Services.

Reporting to: The CEO – Zimnat Investments Cluster

The Managing Director will be responsible for the overall business growth transformation, profitability and leadership of the organization.

Key duties & responsibilities:

• Providing strategic direction and guidance towards achieving the organisation’s short- and long-term goals
• Exploring new business and investment opportunities that will translate into sustainable profitability and business growth
• Mobilizing and managing deposits and funds for onward lending
• Collaborating with Board members and Management team to successfully implement a growth plan for loans and other financial services
• Ensuring the provision of effective systems, structures and resources to support the growth of the institution, including a team of well-trained, focused and motivated staff
• Expanding knowledge of the organization’s market and improve the sales methodology, product offerings, delivery channels and loan procedures.
• Managing relationships with clients and promoting the organization brand and image
• Ensuring full compliance to and adherence to regulatory and statutory guidelines.
• Ensuring strict adherence to corporate governance practices and implementation of internal controls
• Rigorous risk assessment and implementation of disciplined risk management practices that minimise bad debts

Key qualifications, experience & competencies

• Entrepreneurial or Business-related degree
• Minimum of eight (8) years post-qualification experience out of which, at least, five (5) must be in the financial services industry and at least, three (3) at the Senior/Executive Management level with emphasis on micro-lending
• Proven experience preferably within banking or microfinance environment in the following areas, banking operations, marketing/ business development, credit risk management, financial management & administration, financial analysis, development of organizational structures & system
• Superior understanding of micro-finance business and regulatory framework
• Expansion experience in the financial sector (microfinance or banking)
• Ability to visualise a future for the business and develop strategies to realise that future
• Ability to create sound business plans in line with strategic objectives of the organization and to oversee execution of an institutional strategy through concrete deliverables and timelines
• Demonstrated leadership, networking and collaboration/negotiation skills
• Ability to build and maintain excellent working relationship within diverse organizational structure in order to facilitate feedback and enhance implementation

Interested candidates, are encouraged to apply using the link below: https://forms.office.com/r/d44XxscNz9

Application Deadline: 5 August 2022

Being an equal opportunity employer, applications are encouraged from qualified individuals regardless of race, religion, sex or disabilities.