Head Of Microfinance

2 weeks ago

Tala, Khulna Division, Bangladesh Unnayan Prochesta Full time ৳900,000 - ৳1,200,000 per year

Requirements

Responsibilities & Context

Unnayan Prochesta operates microfinance programs across 22 branches in the southwestern coastal region of Bangladesh, employing over 220 staff. The organization serves low-income and climate-vulnerable communities, including youth and women entrepreneurs, by providing inclusive financial services such as micro-enterprise, microloans, livelihood financing, recovery loans for disaster-affected populations, and welfare-based microinsurance coverage. To scale impact, ensure operational sustainability, and transition into digital and risk-managed microfinance models, Unnayan Prochesta seeks a dynamic and strategic leader to head its microfinance division.

Key Responsibilities:

Strategic Leadership & Program Development

  • Design and implement microfinance strategies in line with Unnayan Prochesta's mission and growth targets.
  • Lead the integration of inclusive financial products including livelihood loans, youth entrepreneurship loans, and climate-adaptive credit lines.
  • Guide the development of micro-insurance, welfare fund schemes, and digitized savings innovations.

Operational Oversight:

  • Supervise branch operations, monitor portfolio quality, and ensure compliance with MRA and PKSF guidelines.
  • Regularly analyze and improve portfolio performance: PAR, loan recovery, outreach, and savings mobilization.
  • Implement and refine risk mitigation strategies including use of technology and community-based monitoring.

Team Management & Capacity Building:

  • Lead and mentor the microfinance team across branches, including training for field officers, branch managers on credit assessment, collection methods, and client communication.
  • Conduct periodic evaluations, performance audits, and capacity-building workshops.

Monitoring, Reporting & Compliance:

  • Ensure accurate and timely reporting to management, MRA, PKSF, and donors.
  • Monitor the effectiveness of innovations like the daily saving banks and loan repayment behavior tracking mechanisms.

Stakeholder & Partner Engagement:

  • Liaise with PKSF, MRA, other Govt. agencies, banks, insurance partners, and other relevant institutions.
  • Assist in mobilizing funding, preparing proposals, and scaling pilot initiatives and enterprise development loans.