Our Client, a Microfinance Bank is looking to hire for the role of Head of Business. Job Requirements

• Bachelor’s degree in finance, business administration, economics, or related field.
• Minimum of 5 years of experience in microfinance or banking sector.
• Strong understanding of microfinance principles, products, and services.
• Excellent leadership, communication, and interpersonal skills..
• Proven track record of driving business growth and delivering results in a dynamic and competitive environment.
• Familiarity with regulatory requirements and compliance standards in the microfinance industry.
• Proficiency in Microsoft Office Suite and banking software applications.
• MBA or Additional certifications is advantageous.

Job Description

• Develop and implement strategic plans to drive business growth and achieve the bank’s financial objectives.
• Lead the development and execution of innovative products and services tailored to the needs of micro-entrepreneurs and individuals in underserved areas.
• Identify opportunities to expand the bank’s market presence and enhance its competitive position in the microfinance industry.
• Provide leadership and guidance to the microfinance team, fostering a culture of excellence, collaboration, and customer service.
• Build and maintain strong relationships with key stakeholders, including customers, regulators, community organizations, and business partners.
• Monitor market trends and assess opportunities for growth, expansion, and diversification of the bank’s business operations.
• Ensure compliance with regulatory requirements and industry standards governing microfinance operations.
• Manage risk within the microfinance bank, including credit risk, operational risk, and compliance risk.
• Develop and monitor key performance indicators (KPIs) to track the bank’s financial performance, operational efficiency, and customer satisfaction.
• Prepare regular reports and presentations for senior management, board of directors, and regulatory authorities.