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Area Manager - Microlending / Microloans Sector R400 000 CTC to R600 000 CTC per annum

Area Manager - Microlending / Microloans Sector R400 000 CTC to R600 000 CTC per annum

Prosperitas PersonnelMpumalanga, KwaZulu-Natal, South Africa
30+ days ago
Job description

Are you passionate about financial inclusion and empowering individuals to create a better future for themselves? Do you have experience in managing teams and driving results in the microlending / microloans sector? If so, we have an exciting opportunity for you!

Our company is a leading microlending organization dedicated to providing financial services to underserved populations, helping them build sustainable livelihoods and alleviate poverty. With a strong commitment to social impact, we empower aspiring entrepreneurs by granting microloans, providing financial education, and fostering community development.

Duties & Responsibilities

As an Area Manager, you will be responsible for overseeing our microlending operations in your assigned area. You will manage a team of loan officers, ensure efficient and profitable loan distribution, and execute our mission to transform lives through access to finance. This is a unique opportunity to make a tangible difference in the lives of individuals and communities while driving the growth of our microlending portfolio.

  • Develop and implement strategic plans to achieve microlending targets in the designated area.
  • Construct and manage an efficient loan officer team, ensuring compliance with lending policies and best practices.
  • Drive loan portfolio growth through effective marketing and business development strategies.
  • Monitor loan collections and implement strategies to minimize defaults.
  • Foster relationships with local communities, partners, and stakeholders to enhance our presence and promote financial inclusion.
  • Conduct regular market research to identify emerging trends, assess market demand, and identify potential opportunities for expansion.
  • Provide ongoing coaching, mentoring, and performance management to the loan officer team.
  • Collaborate with the leadership team to streamline operational processes, improve efficiency, and ensure compliance with regulatory requirements.
  • Prepare area-level reports, including loan disbursement, recovery, and portfolio performance, for review by the senior management.

Desired Experience & Qualification

  • Matric
  • Proven track record in managing a microlending / microloans portfolio or related field.
  • Strong knowledge of microfinance principles, practices, regulations, and standards in the assigned area.
  • Experience in team management, including coaching, performance evaluation, and capacity building.
  • Excellent analytical and problem-solving skills.
  • Strong ability to build and maintain relationships with stakeholders at all levels.
  • Demonstrated ability to manage multiple projects simultaneously and meet deadlines.
  • Sound proficiency in computer applications, including MS Office Suite.
  • Package & Remuneration

    R400 000 CTC to R600 000 CTC per annum based on experience and qualifications.

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    Area Manager • Mpumalanga, KwaZulu-Natal, South Africa

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