Associate Director/Director - Microfinance

Job Description

Title: Associate Director/Director - Microfinance

Company Name: SAJIDA FOUNDATION

Vacancy: 1

Location: Dhaka

Minimum Salary: Negotiable

Experience:
∎ At least 15 years

Published: 15 Feb 2024

Education:
∎ Bachelor's degree in Finance. Master's degree preferred
∎ Bachelor's degree in Finance. Master's degree preferred

Requirements:

Additional Requirements:
∎ Proven track record of at least 15 years in Microfinance, Telecom, MFS or Financial Institutions. 5+ years in a leadership or managerial role.
∎ Strong understanding of financial analysis, risk management, industry regulations, and best practices.
∎ Demonstrated experience in product development, market analysis, and strategic planning.
∎ Excellent leadership and team management skills, with the ability to motivate and inspire a diverse team.
∎ Exceptional communication, negotiation, and interpersonal skills to foster strong relationships with internal and external stakeholders.
∎ Analytical skills with the ability to translate data and insights into actionable strategies.
∎ Results-oriented with a proven ability to drive growth and achieve business targets.
∎ Proficiency in using financial software and tools for analysis and reporting.
∎ Strong Digital acumen
∎ Proven track record of at least 15 years in Microfinance, Telecom, MFS or Financial Institutions. 5+ years in a leadership or managerial role.
∎ Strong understanding of financial analysis, risk management, industry regulations, and best practices.
∎ Demonstrated experience in product development, market analysis, and strategic planning.
∎ Excellent leadership and team management skills, with the ability to motivate and inspire a diverse team.
∎ Exceptional communication, negotiation, and interpersonal skills to foster strong relationships with internal and external stakeholders.
∎ Analytical skills with the ability to translate data and insights into actionable strategies.
∎ Results-oriented with a proven ability to drive growth and achieve business targets.
∎ Proficiency in using financial software and tools for analysis and reporting.
∎ Strong Digital acumen

Responsibilities & Context:
∎ Develop and implement a comprehensive programme strategy, aligned with the organisation's overall goals and objectives.
∎ Lead the ideation, conceptualisation, and launch of innovative microfinance products, ensuring competitive positioning in the market.
∎ Conduct thorough market research to identify opportunities and trends, informing product design, pricing strategies, and distribution channels.
∎ Oversee the development and implementation of robust risk assessment and management procedures, ensuring compliance with regulatory standards and minimising potential financial risks.
∎ Build, mentor, and manage a high-performing team, providing guidance, training, and support to drive excellence in client service and achieve program goals.
∎ Cultivate and maintain strong relationships with key stakeholders, including regulators, financial institutions, industry associations, and other relevant partners.
∎ Establish key performance indicators (KPIs) and metrics to measure the effectiveness and success of microfinance products, regularly reporting progress to senior management.
∎ Streamline processes and workflows within the microfinance department to ensure operational efficiency and effective utilisation of resources.
∎ Collaborate cross-functionally with other departments such as Communications, HR and Risk Management to ensure seamless product integration, marketing campaigns, and compliance.
∎ Foster a customer-centric culture within the team, promoting a deep understanding of client needs and preferences to continuously enhance the customer experience.
∎ SAJIDA Foundation is a value-driven, non-government organisation. It embodies the principle of corporate philanthropy, with 51% shareholding of Renata Ltd, one of the fastest growing pharmaceutical and animal health product companies in Bangladesh. Renowned as one of the premier microfinance institutions in the country, SAJIDA's microfinance programme has a portfolio of USD 342 million serving 780K+ members through its 380 branches nationwide.
∎ Job Location: Head Office
∎ Organisation: SAJIDA Foundation
∎ Reports To: COO (Microfinance)
∎ Key Responsibilities
∎ Develop and implement a comprehensive programme strategy, aligned with the organisation's overall goals and objectives.
∎ Lead the ideation, conceptualisation, and launch of innovative microfinance products, ensuring competitive positioning in the market.
∎ Conduct thorough market research to identify opportunities and trends, informing product design, pricing strategies, and distribution channels.
∎ Oversee the development and implementation of robust risk assessment and management procedures, ensuring compliance with regulatory standards and minimising potential financial risks.
∎ Build, mentor, and manage a high-performing team, providing guidance, training, and support to drive excellence in client service and achieve program goals.
∎ Cultivate and maintain strong relationships with key stakeholders, including regulators, financial institutions, industry associations, and other relevant partners.
∎ Establish key performance indicators (KPIs) and metrics to measure the effectiveness and success of microfinance products, regularly reporting progress to senior management.
∎ Streamline processes and workflows within the microfinance department to ensure operational efficiency and effective utilisation of resources.
∎ Collaborate cross-functionally with other departments such as Communications, HR and Risk Management to ensure seamless product integration, marketing campaigns, and compliance.
∎ Foster a customer-centric culture within the team, promoting a deep understanding of client needs and preferences to continuously enhance the customer experience.

Compensation & Other Benefits:
∎ Salary with Contributory Provident Fund, Gratuity, Mobile & Internet allowance, Life & Medical insurance, Festival Bonus and Performance Bonus.
∎ Salary with Contributory Provident Fund, Gratuity, Mobile & Internet allowance, Life & Medical insurance, Festival Bonus and Performance Bonus.

Employment Status: Full Time

Job Location: Dhaka

Read Before Apply: For Organisation details, Please visit: www.sajida.org

If you are a dynamic leader with a passion for microfinance with a commitment to financial inclusion

and sustainable development, we invite you to apply for this exciting opportunity.

Interested candidates should submit online application through below link.

Application link: https://career.sajida.org

SAJIDA Foundation is an Equal Opportunity Employer.

Women, persons of the third gender and persons with special needs are encouraged to apply.