Job Summary
Company:
Liberia Enterprise Development Finance Company (LEDFC)
Category:
Executive / Management
Categories
Job Vacancy For General Manager At Liberia Enterprise Development Finance Company (LEDFC)
The Liberia Enterprise Development Finance Company (LEDFC), envisioned as a locally established non-bank financial institution (NBFI), was created with the mandate of promoting entrepreneurship and economic growth through building a significant portfolio of small and medium sized business clients.
Job Summary
The General Manager will have broad responsibility to continue to build the business: hire and train staff, identify bankable business clients, and manage operations to promote economic activity while maintaining a healthy portfolio.
• Provides overall leadership and direction of the company to uphold long-term vision and mission to provide quality financial services to low and middle income entrepreneurs and communities
• Responsible for all aspects of the day-to-day operations of the company.
• Supervises Portfolio Manager, HR Manager, Internal Auditor and Chief Financial Officer (Finance Manager).
• Recruits and mentors staff established through the organizational chart approved by the Board of Directors.
• Assesses and manages operational and financial risks, particularly political risk and market risk management
• Develops business and operational plans, including annual budgets.
• Ensures the achievement of lending and operational targets and other goals as outlined in the business plan and approved by the Board of Directors.
• Ensures portfolio quality and growth for long-term sustainability and profitability of the institution.
• Manages relationships with donors, collaborating programs, banks, board members and government officials and sets the overall tone for the organization. Represents the NBFI in all official communications.
• Ensures timely submission of all required financial and operational reports to the Board of Directors, donors, government authorities, lenders and investors.
• Develops marketing and product delivery policies.
• Ensures the appropriate use of technology in facilitating the work of the organization.
• Develops and implements strategies for promotion and expansion of client services.
• Builds and nurtures financial partnerships, particularly with local commercial banks and international investors.
• Conducts periodic monitoring visits to the field, ensuring client satisfaction and competitive edge in the market, and that all procedures are being followed.
Qualification Required & Experience
• University degree in economics, business administration, or related field.
• MBA or Master’s degree in related discipline preferred,
• Seven to ten years of experience in commercial banking in cash flow based lending, three of those preferably in a post-conflict or developing country environment.
Location: Liberia
How To Apply For The Job
Interested and qualified candidates who meet the requirements should send their applications and CVs to:-
recruiting@groupenduom.com
Closing Date: 15 September, 2013