Reports to:     Board of Directors
Organization:     ORDA Microfinance Institution Share Company (Under Establishment)
Main Promoter:     ORDA Ethiopia
Purpose of the job: 

ORDA Microfinance Institution Share Company is a newly emerging financial institution currently under establishment. Our primary vision is to bridge the gap between traditional development interventions and sustainable financial inclusion for rural and semi-urban communities in Ethiopia.

Our main promoter, ORDA Ethiopia, is a premier non-governmental organization with over 40 years of experience in transforming livelihoods. As a subsidiary of the ORDA Ethiopia family, the Microfinance Institution (MFI) joins a robust network of sister companies and programs.

ORDA Microfinance will not just provide credit. We aim to offer a "Credit Plus" approach—integrating micro-credit with ORDA Ethiopia’s existing social development programs. The CEO will be tasked with ensuring that financial services act as a catalyst for technical programs. 

Key Roles and Responsibilities:

The CEO will initially lead the formation and licensing phase and subsequently transition into the full operational leadership of the company. You will be responsible for the strategic, financial, and operational success of the MFI, reporting directly to the Board of Directors.

 

Phase A: Under Establishment (Pre-Operational)

• Licensing & Compliance: Lead the finalization of the registration process with the National Bank of Ethiopia (NBE).

• Strategy Formulation: revise and adopt the initial 5-year strategic business plan, including the unique "Credit Plus" integration model.

• Resource Mobilization: Oversee capital mobilization from shareholders and establish partnerships with international social investors.

• Infrastructure Setup: Lead the recruitment of the founding management team and the selection of the Core Banking System (CBS).

Phase B: Post-Formation (Operational)

• Strategic Leadership: Drive the MFI to become a market leader in "Development-Led Finance" in Ethiopia.

• Operational Excellence: Manage day-to-day operations across a growing branch network, ensuring efficiency and high-quality customer service.

• Synergy Management: Collaborate with ORDA Ethiopia’s program directors to align microfinance products with agricultural and WASH project cycles.

• Financial Stewardship: Ensure the institution remains profitable and self-sustaining while maintaining a high-quality loan portfolio.

 

Job Requirements

Job Requirements፡

Education

• First Degree and above in Banking, Accounting, Accounting & Finance, Economics, Business Management/Administration, or a related field.

Experience

• Minimum of 5 years of experience, with at least 3 years in a managerial position (CEO, Deputy CEO, or Department Head) within a Microfinance Institution or Bank.

Technical Competencies:

• Deep understanding of the Ethiopian Microfinance Regulatory Framework.

• Results-Driven Governance: Expert-level proficiency in financial oversight and resource allocation, with the professional charisma to negotiate, influence, and articulate the MFI’s "Credit Plus" vision to all stakeholders.

• Inspired by the global success of the "Credit Plus" model, you will move beyond the "disburse-and-collect" cycle.

• Comprehensive expertise in Digital Finance Service/DFS/ and mobile-first banking, ensuring the MFI stays at the cutting edge of the evolving Ethiopian financial technology regulatory space.

Behavioral Skills:

• Unwavering Integrity: A person of high moral character, transparency, and exemplary professional ethics.

• Financial Credibility: A proven record of accomplishment of meeting financial commitments with no record of "blacklisting" by regulatory authorities.

• Legal Clearance: Free from any criminal record, particularly regarding fraudulent activities, misappropriation of funds, or fiduciary negligence.

• Visionary leadership with a "social-business" mindset.

•  Excellent negotiation and stakeholder management skills (NBE, Donors, Shareholders).

How To Apply

 Qualified candidates should submit their application letter and other credentials (in a merged pdf form) with an E-mail endriyasyirdaw95@gmail.com 

 Only shortlisted candidates will be contacted.

Female candidates are highly encouraged to apply.

Note: References will be taken and background checks will be carried out in conformity with the MFI code of conduct (Child safe guarding, Inclusion of persons with differently abled and adults at risk, Prohibiting of sexual exploitation & abuse, trafficking in persons as well as child labor) in general. We operates an equal opportunities policy and actively encourages diversity, welcoming applications from all persons meeting the skills and experience required but with due convergence of the code of conduct aforementioned above.

Job Requirements The position seeks a senior leader with a first degree in banking, accounting, economics or related fields and extensive experience managing microfinance institutions. The CEO will drive the establishment, licensing, strategic planning, capital mobilization, and operational excellence of ORDA Microfinance Institution Share Company. How to Apply Submit your non-returnable application and CV along with supporting documents in Via email endriyasyirdaw95@gmail.com