About VisionFund Tanzania Microfinance Bank Ltd
VisionFund Tanzania Microfinance Bank Ltd (VFT MFB), formerly known as SEDA, is a fast-growing and reputable Micro Finance Bank (MFB) with a loan book exceeding TZs. 44 billion and a customer base of over 60,000, including more than 5,000 smallholder farmers. VFT-MFB seeks dynamic and committed Tanzanian men and women passionate about economic development to fill the vacant positions detailed below. The bank fosters a calm and harmonious working environment where staff are highly valued, good work is recognized and rewarded, and there are opportunities for professional and spiritual growth. VFT MFB is committed to providing a safe environment free from harm or abuse for adults, including clients, and children. Candidates will undergo criminal record and background/reference checks prior to employment. Female applicants are particularly encouraged to apply.
Job Vacancy: Field Operation Manager
Work Reference No.: 25/25
Position: Field Operation Manager
Reporting to: Chief Operations Officer
Job Purpose:
The Field Operations Manager (FOM) provides overall leadership to VFT’s
field/branch operations, ensuring the bank meets annual business targets
as approved by the Board in the annual operational plan. The position
holder manages branches through Regional Managers and Business Center
Managers, executing strategic operational targets, including
disbursement plans, budgeting, people and performance management, risk,
and internal controls to reduce operational risk. The role ensures
growth in the loan and deposits portfolio while enforcing compliance
with country laws and regulations. It also ensures that the bank’s
products and services positively impact clients’ lives through VFT’s
social performance framework and fosters close integration with World
Vision Area Programs to support economic development for low-income
entrepreneurs.
Job Vacancy: Compliance Manager
Work Reference No.: 26/25
Position: Compliance Manager
Reporting to: Head of Risk and Compliance
Work placement opportunities
Job Purpose:
The Compliance Manager ensures the bank complies with all applicable
regulatory requirements, internal policies, and ethical standards. The
role leads the implementation of the compliance framework, monitors
regulatory risks, supports AML/CFT efforts, and fosters a culture of
compliance across the institution.
Job Vacancy: Business Centre Manager
Work Reference No.: 27/25
Position: Business Centre Manager
Reporting to: Regional Manager
Work placement opportunities
Job Purpose:
The Business Centre Manager ensures efficient performance of the
Branch/Business Centre, markets VFT-MFB’s products and services, and
ensures adequate information flow within the Branch/Business Centre.
Main Responsibilities:
- Coordinate and control branch/business center operations.
- Develop the branch/business center business plan and annual work plan.
- Chair the Branch/Business Centre Credit Committee and participate in evaluating, approving, or rejecting loans according to policies.
- Review legal documents and security files of approved loans.
- Assist legal counsel in matters involving remedial account management.
- Coordinate with the Regional Manager to plan for personnel needs.
- Monitor staff performance and coordinate with relevant stakeholders.
- Ensure timely submission of Branch/Business Centre reports.
- Attend branch managers’ meetings.
Job Vacancy: Finance Officer (Reconciliation Officer)
Work Reference No.: 28/25
Position: Finance Officer (Reconciliation Officer)
Reporting to: Finance Manager
Job Purpose:
The Finance Officer (Reconciliation Officer) focuses 60% on
reconciliation tasks and 40% on follow-up of outstanding items,
budgetary control, and treasury activities.
Work placement opportunities
Main Responsibilities:
- Perform monthly bank reconciliations and submit them to the Finance Manager by the 5th of the following month.
- Perform daily MNO (Mpesa, Tigo, and Airtel) reconciliations and share them with the Finance Manager.
- Follow up on reconciliation items, provide status updates, aging, and action plans for outstanding items.
- Monitor items in suspense accounts and ensure they are cleared within set timelines.
- Prepare and recommend items to be written off or recognized as income on a quarterly basis.
- Ensure sufficient funding of VFT Wallets with MNOs.
- Engage banks and MNOs to obtain confirmation of signatories on a semiannual basis or as needed.
- Prepare proposals and track short-term investments to ensure timely follow-up as they mature.
- Act as custodian of FDR receipts.
- Collaborate with the Risk Officer to conduct quarterly liquidity stress testing.
- Perform due diligence for VFT conduit banks and MNOs.
- Perform any other duties assigned by the supervisor.