Chief Operations Officer

4 weeks ago

Nairobi, Nairobi Area, Kenya Phoenix Capital Limited Full time

A medium size deposit taking only
microfinance company is looking for a suitable, passionate, and qualified
individual to fill the position of Chief Operations Officer (COO).

Job
Description Summary:



The incumbent will develop and oversee the
strategic vision of the company by managing lending operations, providing
support and direction to staff in the Operations Department, developing and
monitoring adherence to policies and procedures and will report to the CEO on
quality and quantity of operations.

The
COO will be expected to:



a) Oversee portfolio management and set up
and maintain control guidelines and principles based on best practices.

b) Coach, Supervise and consult core
business and technical persons across branches ensuring they are adequately
trained and operate at a high standard of timeliness and technical competence
while ensuring compliance with internal and external controls.

c) Monitor and evaluate the company's Key
Perfomance Indicators (KPIs) across branches in terms of value and number of:
loan disbursements, clients, Portfolio at Risk (PAR), collections and
outstanding balance to generate a healthy portfolio.

d) Produce timely, detailed management
reports as needed for monitoring and management of all business systems and
functions.

e) Ensure organizational quality through
review, update, implementation, and adherence to agreed policies, procedures,
and manuals.

f) Lead the management committee on product
development and design as well as policy review.

f) Lead the preparation of budgets and
business plans as well as overisght on procurement and other logistics.

g) Liaise and maintain relationships with
all relevant community and opinion leaders, government officials, and local
authorities.

h) Oversee credit risk framework, implement
credit strategies, policies, and procedures in line with the company's
strategy.

i) Ensure compliance with regulatory and
statutory provisions regarding risk management, prompt reporting of risk positions,
and provision of advice on possible resolutions of critical issues.

j) Any other duties that may be assigned by
the CEO





Summary
of Qualifications:



●
This position will suit
qualified degree holders, preferably in a business related discipline from a
recognized university.

●
A minimum of 7 years of
microfinance experience of which 3 years will be in a senior manager capacity;
computer skills preferably spreadsheets and understanding loan management apps
and core banking systems, keen to details, implementation, follow-up and
results oriented.

Your application must include a covering
letter highlighting relevant experience and key achievements, a detailed CV, a
daytime phone contact, valid email address and the names and telephone contacts
of three professional referees.

Salary:
An all-inclusive salary of betwen150,000 to 180,000.



When
Needed; Immediately



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