VisionFund Micro Finance Institution (S.C) is an Institution established according to proclamation No. 40/96 to provide financial services to the productive poor in the rural and urban areas of Ethiopia. VisionFund is currently operating in five of the Regional States of the country. VisionFund MFI is currently looking for candidates for Teller II role. The successful candidates will have skills and experience that meet the following requirements:

 Major Responsibilities

Marketing of saving products & Teller supervision

• Undertakes and facilitate marketing of saving products & consumer loans
• Supervises and reviews the work of the teller(s) and reports to the branch manager any discrepancy within the day;
• Ensures that there is sufficient personnel available to attend to expected number of clients;
• Monitors and controls all the post dated checks, land titles, and other important documents

Teller function

• Undertake preparation and review of CRV as per the collection schedule,
• Performs cash operations (withdrawals and deposits), disbursements, payments
• Performs regular check of the actual cash balance on hand and reconciles it with the balance according to the cash module of the MIS system and immediately reports discrepancies to the BM;
• Maintains minimum/ maximum cash in accordance with the MFI policy & prevailing management guidelines;
• Ensures that fake bank notes are neither received nor disbursed to the clients;
• Prepares variance report for cash collected against the collection schedule and prepares necessary end of day reports;
• Conducts end-of –business cash counts and packs the money
• Acts as custodian of the branch vault, safes, and main door keys and combinations in tandem with the Branch Manager or his/her delegate

Manage loan process

• Receives consumer loan applications and perform credit investigation on loan applicants and his/her surety/ guarantor, if any;
• If necessary, conducts inspection and/or appraisal of any property being offered as collateral;
• Prepares and presents credit applications to the branch credit committee for approval;
• Prepares schedules and disburses loans and collects repayments from consumer clients
• Assesses client history & performance to recommend for repeat loan

Manages portfolio quality

• Closely monitors loan payments and ensures zero tolerance against past due;
• Conduct close follow up on consumer loans in arrears and complete log sheet for consumer loans past due and appropriately document thereof;

Job Requirements

• A minimum of Diploma in Accounting/Management/Banking/Marketing/Rural development/ Cooperative or related social science fields
• Practical credit or cash handling or related work experience of 2 years
• Determined personality with initiative, perseverance and the ability to motivate and manage a team
• Capability and willingness to take responsibility and highly developed sense of rectitude
• Ready to comply and live up to and in accordance with the organization Ideals and Core Values
• Good knowledge in economic and financial topics
• Good analytical and problem solving skills
• Computer literacy is desirable

Terms of Employment: Permanent

Salary: As per the Institution salary scale