Head of Operation (Microfinance) | 40HRS

Head of Operation (Microfinance)

Work Location: Yangon

Job type: Full-Time

Posted: 07-09-2022

Salary: Negotiate

Email: soe.htway@40hrs.com.mm

Job Description

• Creating, communicating, and implementing the organization's vision, mission, and overall direction

• Leading the development and implementation of the overall Finance Company’s strategy

• Soliciting advice and guidance, when appropriate, from a Board of Directors

• Formulating and implementing the strategic plan that guides the direction of the business or organization.

• Overseeing the complete operation and sales of Finance Company in adherence with Central Bank Guidelines and Group’s Policies.

• Lead overall business development teams to create new product financing programs to match the market requirements and Setting up high level KPIs and targets and evaluate the performance vis a vis the target set.

• Evaluating the success of the organization in reaching its goals

• Actively engage with other Business Unit leaders to generate the business from the whole Group’s eco system.

• Participating in industry-related events or associations that will enhance the Head of Operations leadership skills, the organization's reputation, and the organization & potential for success.

• Support overall credit and risk function of the Company to better mitigate the risks arising internally and externally.

• Keep overall Non-Performing Loans within the target set by Board of Directors.

Job Requirements

  • At least Master’s Degree in Business or Finance with solid understanding operations of Non-Banking Financial Institution’s (NBFI) products.
  • At least 10 years of experience in Bank, NBFI or MFI with minimum 5 years of experience in leadership capacity.
  • Strong Knowledge on rules, regulations, compliance and anti-money laundering policies of Central Bank of Myanmar (CBM).
  • Excellent understanding of Loans products, credit process and recovery process with hands on experience in Myanmar.
  • Advanced level in Myanmar language and intermediate fluency in English Language is desired.

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