Regional Operations Director, VisionFund International
Job Details
Full Job Description
VisionFund's work seeks to end intergenerational poverty through financial products and services. We're about the long-term change that ensures children can break free of the poverty cycle, for good.
By supporting people and communities living in poverty to develop and grow their livelihoods, VisionFund is catalysing sustainable economic growth to break the cycle of poverty, so that children can reach their potential as communities thrive.
Learn more about us:
Location : Applications are welcome from any country in Africa with WVI registration.
Language : This will be a bilingual role- English and French. Application questionnaire should be completed in English but we encourage candidates to attach two resumes in English AND French.
Application Deadline: 30th April 2024
Overview
VisionFund is World Vision’s microfinance provider serving vulnerable clients through loans, savings, and insurance. We enable families to grow their livelihoods in hard to reach, rural locations in 28 countries so that caregivers can create secure futures for their children. We believe in brighter futures for children; empowering families to create incomes and jobs; unlocking economic potential for communities to thrive. Join VisionFund as we seek to end intergenerational poverty through microfinance.
The Regional Operations Director (ROD) is responsible for ensuring the delivery of the strategic and business plan performance of MFIs under their supervision. ROD will ensure priority MFIs are equipped for scale and s/he will ensure that all growth initiatives are well managed and that the foundations for such growth are in place. Therefore, building capacity of staff and ensuring effective controls and processes are in place is a key aspect of the role. Monthly reviews will be conducted to measure progress and decide upon adjustments and redirection of resources, particularly funding.
As part of the role, the Regional Operations Director will be supporting the Business Lines (i.e. FAST, Insurance, Partnerships) with their business plans in the assigned countries and act as the primary point of contact with WV at a sub-regional level. Where appropriate, this includes taking part in WV senior leadership meetings for the cluster of countries assigned.
The position ensures that VFI and WVI global strategies are being implemented at each MFI. The ROD will supervise 3-5 MFIs as MFI Board member and have direct line -management of the MFI CEOs with Board Chair.
Major Responsibilities
• Supervise jointly
with the MFI board the MFI CEOs.
• Sit on MFI boards to represent
VFI and to ensure effective two-way communication and ensure each is
well-operating boards and in compliance with local laws, regulatory
requirements and WV/VFI policies, procedures and directives.
•
Provide leadership that ensures impact on children remains the overall
result of our work by driving common mindset to all MFI staff and
evidenced through Impact reports.
• Provide oversight on the
development and delivery of the strategic and business plans inclusive
of digital, technology and product areas (lending, savings, FAST,
insurance and training/education).
• Monitor performance across
the MFI, analyse, problem identification and provide recommendations
that will ensure improved quality of delivery of financial services,
improved control environment and increased alignment of strategy.
• Ensure quality of portfolio and provide direction, advise and
guidance to ensure that this is maintained.
• Work with the
management of each MFI to ensure risk management framework, compliance
culture, and compliance reporting (regulatory, lender and VFI) are
operating well inclusive of GC safeguarding, security, risk and audit
efforts.
• Act in a Management capacity within an MFI during
senior management where gaps will significantly impact the performance
of the MFI or place MFI at risk.
• Ensure that each MFI has
access to adequate, timely and appropriate support from GC various
departments.
• Provide direction, management and/or advise on
startups, closedowns or crisis management of MFIs.
• Work with VFI Finance, Fundraising and Capital Markets to
secure equity and debt funding for MFIs, particularly for high
priority MFIs.
• Work with the Support Centre Director to obtain
resources and technical assistance for MFIs according to a programme
of work.
• Strengthen the understanding in WV
within each MFI of the benefits of microfinance in contributing to
Economic Development, livelihoods and Child Well-Being Outcomes
(CWBO).
• Development of best practices in integration,
monitoring performance against indicators.
• Building
collaborative relationships at all levels to participate in ENOUGH,
THRIVE, and other programs as well as grants, response plans and other
priority projects across each MFI.
• Support the Business Lines
with the delivery of the business plans in the assigned countries.
• Inspire and nurture the spiritual and
professional development of direct reports.
• Instill and
encourage a strong servant and service culture in leaders and their
teams; role modelling Christian Leadership and Core Values.
•
Develop clear individual goals, manageable and measurable targets and
ongoing feedback and support to achieve them.
• Provide timely
and regular staff performance coaching & feedback as well as an annual
review of performance and individual development plan.
Knowledge, Skills and Competencies
Travel, Language and Work Environment Requirement