About the Institution:
ZWMB is a dynamic and socially driven deposit taking microfinance institution committed to empowering women and transforming communities. Our mission is to “empower all women economically and socially through innovative financial solutions and capacity building”. We believe that empowering women is essential for a thriving society and attainment of vision 2030 in line with NDS2.
Position Overview:
The possible candidate will be reporting to the Board Chairperson, the applicant shall be responsible for providing strategic direction, institutional leadership, developing and driving the bank’s vision, mission and strategy in line with its mandate, in a highly efficient, lawful and ethical manner. The applicant shall have a proven track record in delivering of long term shareholder and stakeholder value within a deposit taking microfinance institution; social entrepreneurship; a deep commitment to women’s empowerment and community development programs that enhance the Bank’s impact in changing people’s lives and livelihoods.
Duties and Responsibilities:
- Strategic Leadership: Develop and implement the Bank’s vision, mission, and strategic goals, ensuring alignment with our commitment to women's empowerment and social impact.
- Program Development: Design, promote, and evaluate programs that support women entrepreneurs and foster economic growth in underrepresented communities.
- Financial Management: Deliver sustainable growth and profitability as well as effective allocation of resources.
- Stakeholder Engagement: Build and maintain strong relationships with clients, partners, donors, and regulatory bodies to enhance our network and support growth.
- Team Leadership: Lead and inspire a diverse team, fostering an inclusive, empowering, high performance, professional development and collaborative workplace culture.
- Advocacy: Represent the institution at industry events and in public forums, advocating for policies and practices that support women’s empowerment and access to finance.
- Regulatory Compliance - ensure 100% compliance with established legal and regulatory frameworks at all times
- Governance –ensure that in all its business conduct, practices and financial management and reporting, the Bank operates ethically and lawfully.
Qualifications and Experience:
- Bachelor’s degree in Banking and Finance, Accounting, Business Management or related discipline.
- MBA in Business or Strategic Management or equivalent postgraduate qualification
- Qualification in Microfinance Business or evidence of studying towards such
- Minimum of 10 years’ experience in financial services, with at least 5 years at executive leadership level.
- Proven track record in leading organizations or business units with a social mandate.
- Demonstrated success 100% adherence to compliance issues, strategy execution, operational efficiency and profitability growth.
- Developmental Finance: Experience in designing financial interventions for disadvantaged groups, such as rural populations and women.
- Excellent communication and interpersonal skills with the ability to inspire and motivate diverse stakeholders.
- A passion for social impact and a commitment to the mission of empowering women.
Core Competencies:
- Strong strategic thinking and visionary leadership.
- Strong understanding of financial figures and how to interpret financial numbers
- Deep understanding of microfinance banking operations, products,
- Deep understanding of regulatory frameworks and compliance requirements.
- Exceptional stakeholder management.
- High-level negotiation, communication, presentation and decision-making capabilities.
- Ability to understand team dynamics
- High integrity, professionalism, and ethical leadership.
NB: Only shortlisted candidates will be contacted. Female candidates are encouraged to apply! ZWMB will offer the successful candidate an attractive package commensurate with the seniority and critical nature of this position.