Microfinance Branch Manager at Bluesquad Limited

Job Summary

• Responsible for the implementation of strategies to attain increasing business growth and optimal profitability of the branch. The role requires a deep understanding of microfinance products, regulatory, community engagement, and the ability to drive sales targets and increase in market share.

Duties and Responsibilities

• Expand the branch customer base through opening of new active customer accounts and activation of inactive accounts.
• Creation of quality risk assets.
• Providing leadership to facilitate prompt repayment on due loans and keeping the Portfolio at Risk (PAR) within the guiding internal threshold.
• Maintain good oversight on Teller and CSO and uphold controls around their operations.
• Drive revenue and profitability through mobilization of low-cost deposits and minimizing running expenses.
• Safeguard the fixed assets of the branch.
• Monitor performance of marketing staff for optimal productivity.
• Champion the advocacy and migration of customers to the digital platform and other automated channels.
• Training of branch staff for optimal productivity and mastery of Credit policies, practices and regulations.
• Prepare periodic business performance reports including daily, weekly, monthly, quarterly and annual reports

Academic Qualifications

• Minimum of B.Sc. or its equivalent in Marketing or related field.
• 7 - 10 years cognate experience from a reputable Microfinance bank is a strong criteria.
• Evidence of completion of professional certifications in the financial sector.

Experience & Skills:

• Ability to disburse Micro, SME Loans in large volumes without default.
• Experienced in repayment tracking and loan collection without a day default.
• Analytical and practical understanding of workflow, capacity planning / optimization and process implementation
• Proven experience of marketing and negotiating techniques
• Basic Financial Analysis - Ability to interpret income statement, balance sheet, cash flow statement and financial ratios.
• Extensive understanding of micro finance banking regulations