Job Title: Head Enterprise Operations Organization: Airtel Uganda Duty Station: Kampala, Uganda …
Executive Director Employment Opportunity – EFC Uganda Limited (MDI)
Job Title: Executive Director (ED)
Organization: EFC Uganda Limited (MDI)
Duty Station: Kampala, Uganda
Reports to: Managing Director (MD)
About US:
EFC
Uganda Limited (MDI) is a leading deposit taking Microfinance Company supervised
by the Bank of Uganda and it provides financial services to micro and small
size enterprises (MSEs). Its major purpose is to provide increased access to
specialized financial services for entrepreneurs while contributing to wealth
creation, improvement of living conditions and development of the Ugandan
private sector.
Uganda Limited (MDI) is a leading deposit taking Microfinance Company supervised
by the Bank of Uganda and it provides financial services to micro and small
size enterprises (MSEs). Its major purpose is to provide increased access to
specialized financial services for entrepreneurs while contributing to wealth
creation, improvement of living conditions and development of the Ugandan
private sector.
Job Summary: The Executive Director (ED) will collaborate with
and support the MD to provide leadership and direction to the implementation
and achievement of the EFC’s vision, mission, values and strategic goals and
objectives. In exercising his/her executive powers under the “four eyes”
principle, the ED is accountable for overseeing and supporting the
institution’s operations to ensure efficiency, service quality, financial
performance in terms of profitability and growth and cost-effective management
of resources. The incumbent will be responsible for the implementation of the
“four eyes” responsibility in EFC in accordance with Central Bank requirements
obliges “the involvement of the ED’s approval in every major management
decision of the institution which would require the sole discretion of the MD
to commit the institution.” The ED is therefore primarily responsible to
collaborate with and support the MD to assure effective risk management
combined with the efficient, productive and profitable operations of all EFC
business activities.
and support the MD to provide leadership and direction to the implementation
and achievement of the EFC’s vision, mission, values and strategic goals and
objectives. In exercising his/her executive powers under the “four eyes”
principle, the ED is accountable for overseeing and supporting the
institution’s operations to ensure efficiency, service quality, financial
performance in terms of profitability and growth and cost-effective management
of resources. The incumbent will be responsible for the implementation of the
“four eyes” responsibility in EFC in accordance with Central Bank requirements
obliges “the involvement of the ED’s approval in every major management
decision of the institution which would require the sole discretion of the MD
to commit the institution.” The ED is therefore primarily responsible to
collaborate with and support the MD to assure effective risk management
combined with the efficient, productive and profitable operations of all EFC
business activities.
Key Duties and Responsibilities:
- Governance – supports the operations and
administration of the Board of Directors by advising and informing Board members
and serving as the secondary Company interface with the Board; - Human Resources Management – provides strong leadership and
effectively manages EFC human resources according to authorized personnel
policies and procedures that fully conform to statutory requirements; - Strategic Planning & Management –
supports oversight of the planning, drafting and implementation of the
Company’s strategic and business plans and budgets including (i) setting
strategic and financial objectives, (ii) recommending annual budgets for
Board approval, (iii) prudently managing all EFC resources within budget
parameters and according to policies and statutory requirements, and (iv)
product and service design, testing, marketing, promotion, delivery and
quality; - Risk Management – supports oversight of the
development and implementation of a risk management framework (i.e.
credit, liquidity, interest rates, foreign exchange, transaction, fraud,
business continuity, compliance, legal, governance, reputation, and
external business risks) ensuring key risk related performance indicators
are effectively managed within the prescribed limits; - Community, Public & Stakeholder Relations –
ensures the EFC vision, mission and values together with its products and
services are consistently presented in a strong and positive image to all
relevant stakeholders and supports oversight of the funding/fundraising
planning and implementation, including identifying resource requirements,
researching funding sources, establishing strategies to approach funders,
submitting proposals and administrating fundraising records and
documentation. - Other Duties:
- Support the design and
implementation of the EFC strategic plan to advance its mission and
objectives and to promote revenue, profitability, growth and a strong and
clear institutional and organizational culture; - Support the oversight of company
operations to ensure efficiency, service quality, and cost-effective
management of resources; - Support the oversight of planning,
development, and implementation of strategies for generating resources
and/or revenues for the EFC; - Support the recommending of policies
and standards for Board approval; - Keenly review activity reports and
financial statements to determine progress and status in attaining
objectives and revise objectives and plans in accordance with current
conditions as required; - Evaluate performance of Executive
and Senior Management teams for compliance with established policies and
objectives of the EFC and their contributions in attaining objectives; - Actively promote the EFC through
written articles and personal profiling as appropriate; - Represent the EFC with regulators
and through related sector meetings and at formal functions; - Build funding/fundraising,
stakeholder and community networks using personal contacts, direct mail,
special events, and Board / Shareholder support; - Support the drafting and
presentation of EFC Quarterly and Annual Reports at Shareholder and Board
of Director meetings; - Support the directing of EFC
strategic planning and policy-making committees; - Report urgently to the Board any
situation where the ED’s opinion contrasts with the MD and the MD takes a
final decision on the course of action in dispute (note this applies only
to major management decisions of the institution which would require the
sole discretion of the MD to commit the institution as authorized in the
Delegation of Authorities and Delegation of Lending Authorities
Policies); - Perform any other duties and
responsibilities as assigned by the MD.
Qualifications, Skills and Experience:
- The ideal candidate for the Executive
Director (ED) career opportunity should preferably hold a Master’s in
Business Administration, Finance or Accounting, but a Bachelors may be
considered combined with relevant experience; related studies desirable
but a Bachelors may be considered combined with relevant experience; - At least eight years of progressive
experience in credit related positions of which three years should be of
relevant senior management/executive experience in a financial institution
focusing on credit operations (microfinance and MSE lending is desirable); - The incumbent should have broad practical
knowledge of and experience in risk and operations management in the
financial services sector and the foresight to see how the intricate
day-to-day activities link with and support the achievement of the vision
and mission of the EFC. - Ability to manage multiple priorities and
deadlines; - Excellent problem solving skills and capacity
for adaptability and work under pressure; - Ability to manage a team of broad range of
experience, competencies and technical skills - Effective leadership, conflict management and
negotiation skills. - Excellent oral and written communication
skills in English;
How to Apply:
All
suitably qualified and interested candidates are encouraged to send a letter of
interest explaining their motivation for the position applied for together with
their Curriculum Vitae, three professional references and copies of academic
certificates/diplomas. The complete applications must be sent via E-mail only
to: HR_OFFICER@efcug.com.
suitably qualified and interested candidates are encouraged to send a letter of
interest explaining their motivation for the position applied for together with
their Curriculum Vitae, three professional references and copies of academic
certificates/diplomas. The complete applications must be sent via E-mail only
to: HR_OFFICER@efcug.com.
NB: The job title should be included in the subject
of each application.
of each application.
Deadline: 8th July 2016 by 02:00 PM
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