Our client, Rwanda
Development Bank (BRD), is the Government of Rwanda's investment arm and the
leader of productive investment.
The Bank aims to
become the most profitable Bank at the service of poverty reduction in
Rwanda.
They are looking for
highly motivated, self-driven and results focused candidates to fill the positions
of:
1. Chief Operating Officer
(COO)
Place of Work: Kigali, Rwanda
Basic Function:
The COO shall be
responsible and accountable for the operations management of the Bank which
includes that of development, design, operations and improvement of the systems
that create and deliver the bank’s products and services.
He/she must ensure
that the business operations are efficient and effective and that proper
management of resources, distribution of good and services to both external and
internal customers are carried out most efficiently.
This role will support
the building of internal capacity and work to improve internal work processes,
staff performance and overall organizational effectiveness.
Principal Roles and
Accountabilities:
Management
- Joint
responsibility with CEO for the overall management of the organization in
line with the organizations strategic plan.
- Responsible
for monitoring organizational performance against the strategic plan,
working with staff to stay on target and looking ahead to the long term
development of the organization operationally and strategically.
- Responsible
for providing operational support and advice for the effective
implementation of strategic plans and new business development activities.
- Responsible
for initiating the annual planning process and for overseeing and
coordinating its development while ensuring it is in line with overall
strategic goals and mission of the organisation.
Governance
- Responsible
for supporting the Company Secretary in ensuring that the Board’s agenda
serves and reflects appropriate planning cycles, papers are received in
advance and that the Bank operates in line with good governance practice.
Human Resources
- Responsible
for overseeing effective management of all staff including initiating and
conducting staff appraisals.
- In
charge of implementing and managing change and supporting staff through
this process.
- Responsible
for ensuring that the organisation has appropriate and up-to-date policies
and procedures in line with best practice.
Financial Management & Control
- Responsible
for the proper financial management of the organisation ensuring that all
financial controls are in place and adhered to, that financial systems are
fit-for-purpose and properly implemented and that the organisation is
properly resourced to deliver on the strategic plan.
- Responsible
for ensuring that management accounts are prepared and for reporting
quarterly to the board on the overall financial health of the
organisation; provide timely compliance and other reports to the Central
Bank and other statutory bodies as required by law/regulation.
- Responsible
for preparing the Annual Budget and ensuring that expenditure is
controlled in line with the Budget.
Operations
- Marshall
limited resources as set out by the CEO and the board of directors to the
most productive use with the aim of creating maximum value for the
company’s stakeholder.
- Lead by
developing and cascading the organization’s strategy /mission statement to
the lower ranking staff and implementing appropriate rewards/recognitions
and coaching/corrective practices to align personnel with accompanying
goals.
- Maintain
and monitor measures for the measurement of an operations performance and
consideration of efficiency versus effectiveness, often in the form of
dashboards convenient for the review of high level key indicators.
- Ensure
the successful implementation of the Performance Based System (PBIS) at
the departmental level and the Performance Management Contracts (PMC) at
the individual level.
Other
- Undertake
any other tasks at the instruction of the CEO and ensure proper succession
planning.
Qualifications, Experience and Knowledge:
- Master’s
Degree in Business Administration or a relevant field from an accredited
university
- Bachelor
of Commerce Degree in Business Administration or a relevant field from an
accredited university
- At
least ten (10) years’ experience in a similar function
- Demonstrated
knowledge of business strategy, marketing, and operations
- Strong
background in quantitative and financial analysis
- Understanding
of the domain knowledge of banking and modern management theories
Competences:
- Outstanding
interpersonal and communication skills
- Excellent
networking skills and ability to maintain relationships with key strategic
partners in the industry
- Ability
to work effectively in a team environment
- Proven
leadership qualities and project management skills
- Sound
analytical skills
2. Director of Investments (Head of Credit)
Place of Work: Kigali, Rwanda
Basic Function:
The Director of Investments
holds primary responsibility for identifying, completing, and monitoring
investments in businesses that meet the Bank’s criteria.
He/she will also have
the responsibility for financial administration and reporting from the Bank’s
portfolio of investments.
In addition, this
individual will play an integral role on the Bank’s management team and will be
actively involved in the day-to-day strategic and operational decisions at the
Bank.
Principal
Accountabilities:
- Coordinate
the activities of the investment department.
- Review
& approve the work of project appraisal and management.
- Identify
good investments opportunities for the Bank.
- Identify
capacity building and technical assistance needs of the Bank’s clients and
propose remedial actions.
- Lead,
guide, coach, mentor, appraise and motivate the staff in the department.
- Oversee
production of the required data and analyses for the development and
regular update of the Department’s business strategic plan.
- Ensure
that Bank’s database on the macroeconomic factors and investment
opportunities is regularly updated.
- Ensure
the investment department follows relevant company policies and
procedures.
- Set,
develop and revise departmental strategy and develops clear departmental
visions.
- Set
clearly defined objectives and produce comprehensive project plans for the
organization.
- Develop
and ensure a good report on the borrowers.
- Follow
up on the developmental impact of the loans granted.
- Ensure
high quality service and good collaboration to the borrowers.
- Review
the project proposal documents from borrowers & ensure that only
viable projects are approved for financing.
- Ensure
regular monitoring of the projects in progress and attend to issues which
could hinder good performance of those projects.
- Ensure
that non performing projects are identified within ample time to enable
remedial measures.
- Ensure
the implementation of the strategic plan of the Bank.
Qualifications, Experience and Knowledge:
- Masters’
Degree in Economics, Management, Finance or Accounting from an accredited
university
- Bachelor’s
degree in Commerce or a relevant field from an accredited university
- At
least eight (8) years’ experience in a similar function
- Demonstrated
knowledge of business strategy, marketing, and operations
- Strong
background in quantitative and financial analysis
Competences:
- Outstanding
interpersonal and communication skills
- Excellent
negotiation skills
- Excellent
networking skills and ability to maintain relationships with key strategic
partners in the industry
- Demonstrated
team leadership, organizational and managerial skills and ability to
supervise a team of at least 10 persons
- Ability
to coordinate group activities, ensuring that roles within the team are
clear
- Demonstrated
ability to identify investment opportunities
- Ability
to produce high quality reports, presentations and funding proposals
- Good
business acumen and strong entrepreneurial spirit
- Good
leadership and supervisory skills
- Sound
analytical skills
- Excellent
IT skills especially in spread sheets and financial analysis
3. Chief Internal Auditor
Place of Work: Kigali, Rwanda
Basic Function:
Under the supervision
of the Chief Executive Officer, the Chief Internal Auditor shall be responsible
for managing the Internal Audit Unit and other related activities as may be
delegated to him or her from time to time by the Chief Executive Officer or the
Board Audit Committee of Rwanda Development Bank.
Principal Roles and
Accountabilities:
The Chief Internal
Auditor will be responsible for implementing measures to monitor the
effectiveness of the unit in compliance with International Standards for the
Professional Practice of Internal Auditing.
He/she will provide an
independent, objective assurance and consulting service to management, with the
principal aims of evaluating and improving the effectiveness of risk
management, control and governance processes; and makes recommendations on
increasing and changing operational efficiency directed towards the Bank’s goal
congruence.
Other responsibilities
will include:
- Direct,
guide and oversee the development of the annual audit plan in order to
ensure adequate coverage of strategic and operational business risks
consistent with the organizational goals and objectives.
- Provide
direction to the Internal Audit team to ensure adequate coverage against
the plan, to ensure efficient and effective utilization of departmental
resources.
- Guide
the internal audit staff in conducting interviews, reviewing documents,
developing and administering surveys, composing summary memos, and
preparing working papers which provide credible evidence of work done and
ensure that reviews are executed in accordance with the International
Standards for the Professional Practice of Internal Auditing and any other
applicable laws of Rwanda.
- Direct
the overall performance of audit procedures, including identifying and
defining issues, developing criteria, and reviewing and analyzing evidence
to generate audit reports that add value to the Bank’s business
operations.
- Direct
and manage audit staff in the planning, organizing, directing and
monitoring of internal audit operations, including assisting in hiring,
training and evaluating staff.
- Champion
the development of quarterly holistic internal audit reports to management
with observations, risk implications and recommendations on the extent and
nature of the effectiveness and adequacy of risk management, control
mechanisms, and governance processes and.
- Spearhead
the liaison of the internal unit with the external auditors to enhance the
level, efficiency and effectiveness of their service delivery.
Qualifications, Experience and Knowledge:
- A
Bachelor’s degree preferably in Commerce, Economics, Banking, Finance or
Business Administration from an accredited university
- Professional
certification such as CIA, ACCA or CPA or equivalent is essential
- Master’s
degree in any of the above or related fields will be an added advantage
- Successful
completion of the CISA or QICA information systems audit certification
exams will be an added advantage
- A
minimum of six (6) years relevant work experience including at least three
(3) years of recent internal audit experience at a senior management level
reporting to an Audit Committee or Board of Directors gained preferably in
a financial services institution or an accredited audit or consulting
practice
- Knowledge
of computerized accounting and auditing is essential, as well as ability
to use Microsoft Office packages
- Knowledge
of contemporary professional developments and ability to apply them to
provide strategic direction and vision to the function
Competences:
- Excellent
conceptual, analytical and communication abilities. Ability to quickly
synthesize vast amounts of information into coherent and communicable data
is critical and highly required
- Ability
to maintain high levels of confidentiality and act as a business
consultant to operational and executive management coupled with high level
of integrity, objectivity and should be result oriented
- Ability
to provide ongoing training, coaching and supervision to internal audit
staff
- Ability
to work independently with extensive latitude for initiative and
independent judgment coupled with absolute team spirit
Interested candidates should forward their CVs to
recruit@virtualhr.co.ke by 25th September 2012 stating their current and
expected remuneration, day time telephone contact and addresses of three
referees.
Only shortlisted
candidates will be contacted.