Director of Operations job at Umutanguha Finance Company Plc

Vacancy title:
Director of Operations

[ Type: FULL TIME , Industry: Business Management and Administration , Category: Management ]

Jobs at:

Umutanguha Finance Company Plc

Deadline of this Job:
Friday, March 29 2024 

Duty Station:
Within Rwanda , Kigali, East Africa

Summary
Date Posted: Thursday, March 14 2024, Base Salary: Not Disclosed

Similar Jobs in Rwanda
Learn more about Umutanguha Finance Company Plc
Umutanguha Finance Company Plc jobs in Rwanda

JOB DETAILS:
Missions/Duties
• Ooverseeing the UFC Plc’s operations function relating to central operations, branch operations, trade services operations, treasury and liquidity operations, cheques operations, cards/ electronic banking operations.
• Develop and implement Operations policy and procedures, Branch Operation Manual
• Manage and coordinate UMUTANGUHA FINANCE COMPANY Plc ‘s operations
• Participate in different committees of UMUTANGUHA FINANCE COMPANY Plc

Activities/Function & Responsibilities
Management & Coordination:
• Establish and review key operational risk indicators/key control standards and formulate action plans to minimize the company’s exposure to fraud and losses
• Manage the UFC’s operational risk exposure by supporting the Business to identify areas of operational risk exposure and by developing and implementing corrective action.
• Design, develop and keep updated the UFC’ Operations Manuals and ensure compliance to all operational guidelines, processes and procedures
• Responsible for annual departmental plan and its implementation.
• Ensure compliance with Regulatory requirements relating to UFC Plc Operations
• Ensure that effective documentation is in place, in the form of user guides and implement operational improvements to reduce operational costs, tighten controls, improve service quality and customer service
• Monitor daily operations to ensure a free flow process, and also supervise the execution of daily tasks including liquidity controls, branch safe and tellers’ management.
• Create and implement long term business plan to ensure continuity of business operations in the long run
• Ensure client data is protected from the public and secured against fraud by enforcing access rights and verification levels; ensure accuracy of data reported in credit bureau
• Develop financial back up plans to protect business operations in the event of major crises that could result in huge losses
• Collaborate with heads of other departments/services to develop best practices for successful banking operations
• Controlling payments and settlement function including cheques, transfers and digital financial products
• Participate in the Refinement of products and Development of new ones and ensure uptake and usage by clients
• Organize efficient and safe front office and back-office procedures
• Safe cash management (support and coordination of Branch Managers in cash Management)
• Develop specific operational policies, procedures and Branch Operations Manual.
• Elaborate and implement department policies and procedures, set goals, objectives and strategy, according to the UFC Plc mission;
• Coordinate domestic and foreign UFC products and services;
• Manage general operation services, supervision and control of branches operations
• Provide supervision to the units within the department, ensure the timely and secure services delivery
• Create a strong workforce by developing competent individuals in the UFC Plc operations team;
• Develop, implement and monitor operational system ensure customer satisfaction at all times;
• Implement new products and services;
• Forecasting possible operational risks that may be encountered for each issue
• Daily reconciliation of RIPPS account including inward and outwards transfers.
• Regular reconciliation of all internal and external accounts of UFC Plc
• Monitor and supervise daily operations to ensure a free flow process
• Ensures the branch and vaults are opened and closed on a timely basis
• Performs pre-audits to ensure ongoing adherence to compliance procedures
• Maintains adequate cash supplies/replenishment at the facility
• Responsible for daily cash management and related reports analysis;
• Perform any other duties as assigned by Chief Executive Officer

Activity monitoring:
• Prepare management information reports of department activities;
• Provide reports showing progress, achievement, challenges with possible solutions and prospects to the management.

Requirements;
• Masters/Bachelors’ Degree in Accounting, Finance, Economics, Management or another related field
• Must have 6 years working experience out of them 3 years must be at managerial position in Microfinance or banking
• Knowledge Banking Operations
• Good accounting knowledge
• Products knowledge
• Excellent negotiation skills
• Good financial analysis / Interpretation skills
• Documentation skills
• Needs to have contacts with regulators and major local financial institutions
• Good customer service / Relationship management skills
• Team building / Conflict management
• Interpersonal skills
• General managerial/ administration
• Organization and coordination skills
• Performance management
• Coaching/Leadership / Influencing
• Organization & coordination
• Time management
• Good Knowledge of Kinyarwanda, French and English is compulsory

Work Hours: 8


Experience in Months: 72

Level of Education:
Bachelor Degree

Job application procedure
Application documents:
• Application letter addressed to the Chief Executive Officer
• Curriculum vitae
• Studies documents (copies of Certificates, academic transcripts, degree, etc… )
• Training and experience documents
• Recent service certificate
• A list of three references and their contacts
• Note: All documents should be scanned in one document and be electronically submitted to: ufc.recruitment@ufinance.co.rw  (Please mention the position you are applying for in the email subject).
• The deadline for receiving applications is 18th March 2024 at 5:00 PM
• NB: Only short-listed candidates will be contacted.
• Done at Kigali, 08th March 2024
• Noel MUHAWENIMANA Innocent SIBOMANA
• Chief Executive Officer Chairman of the Board of Directors

All Jobs

QUICK ALERT SUBSCRIPTION

Job Info
Job Category: Management jobs in Rwanda
Job Type: Full-time
Deadline of this Job: Friday, March 29 2024
Duty Station: Kigali
Posted: 14-03-2024
No of Jobs: 1
Start Publishing: 14-03-2024
Stop Publishing (Put date of 2030): 14-03-2066
Apply Now
Notification Board

Join a Focused Community on job search to uncover both advertised and non-advertised jobs that you may not be aware of. A jobs WhatsApp Group Community can ensure that you know the opportunities happening around you and a jobs Facebook Group Community provides an opportunity to discuss with employers who need to fill urgent position. Click the links to join. You can view previously sent Email Alerts here incase you missed them and Subscribe so that you never miss out.

Caution: Never Pay Money in a Recruitment Process.

Some smart scams can trick you into paying for Psychometric Tests.