Friday, August 19, 2022

4 New Job Vacancies at VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) - Various Posts

  AjiraLeo Tanzania       Friday, August 19, 2022
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Jobs in Tanzania 2022: New Job Vacancies at VisionFund International (VFI) 2022


VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) Jobs 2022
VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) formerly known as SEDA is a fast growing and reputable Micro Finance Bank (MFB), has a loan book of TZs. 17 billion and 30,000 customer base, more that 5,000 of them being small holder farmers.

VFT-MFB is seeking to employ a dynamic and committed Tanzanian young men & women who have passion for people’s economic development to fill in the vacant positions detailed here below;



Business Centre Manager
Work reference no.
Position: Business Centre Manager
Reporting to: Regional Manager

To develop business plan and annual work plan of the Business Centre and ensure an efficient performance of the Business Centre to achieve the set targets.
To market VFT-MFB products and services & conduct market survey within the prescribed areas of operation.

Main tasks

  • To ensure efficient performance of the Business Centre
  • Ensures that the Business Centre meets or exceeds the targets as agreed upon the business plan
  • Chairs Business Centre Credit Committee and participates in evaluating, approving or rejecting loans according to policies
  • Oversees implementations of internal controls, audit issues and compliance at the Business Centre
  • Develop & maintains good working relations with staff, custom­er relationship and ensure customer satisfaction

  • Bachelor Degree in Economics, Marketing, Accounting and Business Administration
  • Very good knowledge of oral & written English
  • Very good analytical & reporting skills
  • Proficient with Microsoft applications
  • 3 years’ experience Banking or Microfinance operations

Senior People and Culture Officer

Work reference no. 18/22
Position: Senior People and Culture Officer
Reporting to: Head of People and Culture
Responsible for Assisting/ supporting the Head People and Culture in facilitating all personnel related issues (management of staff expenses, training, talent manage­ment, & staff productivity) in accordance with VFT – MFB’s policies

Main tasks
  • Ensures annual staff training plan & budget
  • In collaboration with HoDs develops and reviews staff update/training manuals/mod- ules
  • Coordinates all staff induction training
  • Prepares training calendar and report as appropriate
  • Conduct training needs assessment, suggest training courses and advise manage­ment accordingly
  • Works with the HP&C to coordinate Our Voice survey & reporting, monitors implemen­tation of the identified gaps
  • Plan and advise on staff team building events as Appropriate
  • Any other duty as shall be assigned by Head of People and Culture
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  • At least 5 years’ experience in a professional HR environment
  • Member of the local institute of human resources management governing body
  • Understanding and training in the local labour laws in Tanzania
  • Experience with and proficiently in using Human Resource Information Systems
  • Payroll management and experience in benefits administration is preferred
  • Proficient in Micro Soft office applications

Marketing Manager

Work Reference No.
Position: Marketing Manager
Reporting to: Chief Executive Officer
Job Purpose
The main purpose of the Marketing Manager is to promote VisionFund Microfinance Bank’s brand, products and services. The position holder shall lead in the development of VFTs Marketing Strategy and marketing plan. The Marketing Manager shall lead the development of innovative strategies to significantly improve VFT brand visibility and appeal in the market. The position holder shall ensure that VFTs branches are located in appropriate places to increase client coverage and brand visibility and that branches are well and uniformly branded to maintains a compelling cooperate appeal to the clients. The Manager shall ensure VFTs has a strong presence on social media, radio and all other appropriate medias. Marketing Manager shall track and analyze the performance of advertising campaigns, managing the marketing budget and ensuring that all marketing material is in line with VFT’s brand identity. The position holder shall also be the key PR person for the bank as delegated by the CEO from time to time. Ultimately, the position holder will help VFT build and maintain a strong and consistent brand through a wide range of online and offline marketing channels.

Main tasks
  • Develop strategies and tactics to get the word out about the bank and drive qualified traffic to the front door
  • Deploy successful marketing campaigns and own their implementation from ideation to execution
  • Produce valuable and engaging content for our website and social media blog that attracts and converts our target groups
  • Build strategic relationships and partner with key industry players, agencies and vendors
  • Prepare and monitor the marketing budget on a quarterly and annual basis and allocate funds wisely
  • Oversee production and approve marketing material, from website banners to hard copy brochures and case studies
  • Measure and report on the performance of marketing campaigns, gain insight and assess against goals
  • Work with branch offices in identify the right location of the branch offices
  • Facilitate the branding of the branches to maintain a compelling corporate appeal for the bank.
  • Evaluating and optimizing marketing and pricing strategies.
  • Coordinating marketing strategies with the operations department.
  • Developing and managing the marketing department’s budget.
  • Overseeing branding, advertising, and promotional campaigns.
  • Managing the marketing department’s staff.
  • Preparing and presenting quarterly and annual reports to senior management.
  • Promoting our brand at trade shows and major industry-related events.
  • In coordination with the CEO, manage all external communications for the bank.
Read Also:

  • Marketing Manager Requirements:
  • Bachelor’s degree in marketing, finance, business administration, or similar. A master’s degree in a relevant field will be advantageous.
  • At least 5-year experience as a marketing manager preferably in similar industry.
  • Extensive knowledge of marketing strategies, channels, and branding.
  • Superb leadership, communication, and collaboration abilities.
  • Exceptional analytical and problem-solving skills.
  • Strong time management and organizational abilities.
  • Good public speaking skills

Chief Operations Officer

Work Reference No.
Position: Chief Operations Officer
Reporting to: Chief Executive Officer
The Chief Operations Officer (COO) provides overall leadership to VFT’s commercial business and ensures that the bank meets annual business targets as approved by the Board in the annual operational plan. The position holder is responsible for the develop­ment, review and Implementation of VisionFund Microfinance Bank Operations Strategy including market development, product development, disbursement plan, budgeting, people and performance management, risk and internal controls management to reduce VFT’s Operational Risk. The position ensures growth of the loan and deposits portfolio while enforcing compliance with country laws and regulations. The position holder also ensures that the banks products and services positively impact the lives of clients through VFT’s social performance framework. In addition, the position holder ensures that VFT work in close integration with World Vision Area Programs in fostering economic develop­ment for low income entrepreneurs.

Main tasks
Performance Management:
  • Oversee the management and staff of the operations department to ensure that all branches and exceed the monthly and annual business targets. Mentor and coach Regional Managers for performance.
  • Maintain a high standard of discipline within the operations department and ensure that all managers meet their targets on an ongoing basis.
  • Compliance with Banks Policies and Regulatory requirement:
  • Manage the application of policies, norms and procedures at the branch level and supervise that business operations are working according to procedures.
  • Ensure that all identifies gaps in compliance through internal audit and risk units are fully addressed within agreed timelines.
  • Department reporting:
  • Perform analysis on financial indicators and provide reports for the CEO on these indicators including deposits, channels performance, disbursements, and client retention, growth of different products, and branch profitability and delinquency.
  • Provide timely and accurate information and reports on a regular basis to the Chief Executive Officer and other senior management members of VFM as well as other stakeholders as required. These include VFM Board of Directors, Bank of Tanzania, VisionFund International etc.
Business Development
  • Lead Branch network in ensuring that all business targets as approved by the Board are delivered which include, Loan Portfolio, Deposits, Clients and Revenue targets.
  • Participate in Market Research in collaboration with the Marketing and Product Development Teams to determine the products and services appropriate for various customer segments.
  • Product and Systems Development
  • Maintain and update the operations manuals of policies, procedures and norms annually;
  • Evaluate the characteristics of the Loans, Deposit/Retail and other services and make necessary modifications (with the joint agreement of the management team).
  • Financial Planning and Management
  • Develop annual plans and budgets for the Branch Network and expansion, incorporat­ing input from management team and branch managers.
  • Approve branch expenses within the budget parameters;
  • Fulfill all other functions and duties within the scope and intent of the job as maybe required by the CEO.
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Required Qualifications:
  • A minimum of Bsc in Business, accounting, finance or related area of study and minimum of ten years of senior operational management experience, preferably in a bank or microfinance institution. An MBA in business, accounting, finance or related area of study and minimum of seven years of senior operational management experi­ence, preferably in a bank or microfinance institution.
  • Experience in strategic planning, budgeting, operations, deposit product and systems development, and risk management.
  • Prior experience with innovative technology and channels is a plus (point of sale devices, ATMs, prepaid cards, mobile phone banking, internet infrastructure and banking, etc.)

About our working environment & remuneration:

VisionFund Tanzania Microfinance Bank has a calm and harmonious working environment where staffs are highly valued. Good work is recognized and rewarded accordingly and there is an opportunity to grow professionally and spiritually.

Mode of Application:
Interested and suitably qualified individuals should;
Forward their application letter, detailed CV’s with three referees, attaching certified copies of NIDA ID, academic and professional certificates; to

All applications should be addressed to;
The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P.0. Box1546,
The position should be the subject of the email application.
The deadline for the application is on 02nd September, 2022.

N.B. Only short-listed candidates will be contacted.
VisionFund Tanzania Microfinance Bank would like to inform the general public that it has not engaged any consultant/agent to conduct recruitment on its behalf.

Thanks for reading 4 New Job Vacancies at VisionFund Tanzania Microfinance Bank Ltd (VFT MFB) - Various Posts

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