4 New Various Jobs at VisionFund Tanzania Microfinance Bank Limited

Finance Officer (Reconciliation Officer)
Finance Officer (Reconciliation Officer) at VisionFund Tanzania Microfinance Bank Ltd (VFT MFB)
Work Reference No. 28/25
Job Type: Full-time
Position: Finance Officer (Reconciliation Officer)
Reporting to: Finance Manager
Job Purpose; – 

• Reconciliation (60%)
• Follow-up on Outstanding Items, Also Budgetary Control and Treasury activities (40%)

Main Responsibilities: – 

• Perform Monthly Bank Reconciliations and submit the same to the Finance Manager by 5th of the following month
• Perform MNOs (Mpesa, Tigo and Airtel) on a daily basis and share the same to Finance Manager
• Make follow-up of the reconciliation items, provide status of the outstanding items, aging and action plan going forward
• Monitoring items in suspense accounts and ensure they are cleared within the set timelines
• Preparing and recommending items to be written-off/recognized as income on a quarterly basis
• Ensure sufficient funding of VFT Wallets with MNOs
• Engaging Banks and MNOs to obtain confirmation of signatories on semiannual basis and/or as needed
• Prepare proposals and keep track of the short term investments to ensure timely follow-up as they mature
• Custodian of FDR receipts
• Working in collaboration with the Risk Officer to conducting Liquidity Stress testing on a quarterly basis
• Performing due diligence for VFT Conduit banks and MNOs
• Any other duties as will be assigned by the supervisor

Education; – 

• Bachelor Degree in Banking and Finance & Bachelor Degree in Accounts
• Very good knowledge of oral & written English
• Very good analytical & reporting skills
• 3 years’ experience in VFT MFB or in accounting field
• CPA holder is an added advantage
• Proficient in Microsoft office application

Attributes 

• Desired for a position above; –
• honest, hardworking, friendly, focused;
• Local language skills;
• High standards in regards to quality of work;
• Able to work independently and as a team member;
• Attention to detail;
• Experience in banking or microfinance;
• Commitment to the social mission of microfinance

Business Center Manager
Work Reference No. 27/25 
Position: Business Center Manager
Job Type: Full-time
Reporting to: Regional Manager
Job Purpose; – 
Ensures an efficient performance of the Branch/Business Centre
Markets the products and services of VFT-MFB
Ensures adequate information flow within the Branch/Business Centre
Main Responsibilities: – 

• Coordinates and controls branch/business center operations
• Develops branch/business center business plan and annual work
• Chairs Branch/Business Centre Credit Committee and participates in evaluating,
• approving or rejecting loans according to policies.
• Review legal documents and security files of approved loans
• Assists legal counsel in matters involving remedial account management
• Coordinates with Regional Manager to plan for personnel need
• Monitors staff performance and coordinates with
• Ensures timely submission of Branch/Business Centre reports
• Attends branch manager’s meetings

Education; – 

• List
  education, knowledge & skills, licenses preferred, and all
  experiences required to perform this position in a fully competent
  manner; – Bachelor Degree in Business Administration or related
  education
• Master in marketing, Business Administration/Accounting added advantage
• Very good knowledge of oral & written English
• Very good analytical & reporting skills
• 5 years’ experience in credit management and savings & deposit operations

Attributes Desired for a position above; –

• honest, hardworking, friendly, focused;
• Local language skills;
• High standards in regards to quality of work;
• Able to work independently and as a team member;
• Attention to detail;
• Experience in banking or microfinance;
• Commitment to the social mission of microfinance

Field Operation Manager
Work Reference No. 25/25 
Position: Field Operation Manager
Job Type: Full-time
Reporting to: Chief Operations Officer
Job Purpose; –
The
Field Operations Manager (FOM) provides overall leadership to VFT’s
field/Branch Operations and ensures that the bank meets annual business
targets as approved by the Board in the annual operational plan. The
position holder is responsible day to day management of Branches through
Regional Managers and Business Center manager and execution of the
strategic operational targets including disbursement plan, budgeting,
people and performance management, risk, and internal controls
management to reduce VFT’s Operational Risk. The position ensures growth
of the loan and deposits portfolio while enforcing compliance with
country laws and regulations. The position holder also ensures that the
banks products and services positively impact the lives of clients
through VFT’s social performance framework. In addition, the position
holder ensures that VFT work in close integration with World Vision Area
Programs in fostering economic development for low income entrepreneurs

Main Responsibilities; –
Performance Management 

• Oversee
  the management and staff of the operations department to ensure that
  all branches and exceed the monthly and annual business targets. Mentor
  and coach Regional Managers for performance.
• Maintain a high
  standard of discipline within the operations department and ensure that
  all managers meet their targets on an ongoing basis.
• In coordination with People and Culture, execute incentive scheme for all operations staff to steer motivation and performance.
• Ensures that staff have the capacity to deliver through implementation of continuous training program.

Compliance with Banks Policies and Regulatory requirement 

• Manage
  the application of policies, norms and procedures at the branch level
  and supervise that business operations are working according to
  procedures.
• Enforces compliance to the local regulatory laws as prescribed as the applicable laws.
• Set performance contracts and monitor performance per procedures for the branch managers;
• Implement
  the performance management system for the branch managers which
  enforces compliance to policies, procedures and regulations.
• Ensure that all identifies gaps in compliance through internal audit and risk units are fully addressed within agreed timelines.

Administration 

• Supervise that the branch network maintains up-to-date and accurate client records.
• Organize
  and maintain neat, up-to-date and accurate files regarding performance
  of all regions and in particular the Branch Managers and Regional
  Managers.

Department reporting 

• Perform
  analysis on financial indicators and provide reports for the COO on
  these indicators including deposits, channels performance,
  disbursements, and client retention, growth of different products, and
  branch profitability and delinquency.
• Ensure that overall and branch reporting is complete and accurate.
• Provide
  timely and accurate information and reports on a regular basis to the
  Chief Operations Officer and other senior management members of VFT as
  well as other stakeholders as required.
• Ensure timely delivery and overall supervision and accurate reporting of financial data and performance, and regulatory data.

Business Development 

• Lead
  Branch network in ensuring that all business targets as approved by the
  Board are delivered which include, Loan Portfolio, Deposits, Clients
  and Revenue targets.
• Collaborate with the Head of Business
  Development and other Managers to develop the Local marketing and sales
  strategy in order to increase the number of clients, maximize sales, and
  keep current clients.
• Conduct required Feasibility studies for the new areas and providing recommendations for market potential.
• Participate
  in Market Research in collaboration with the Marketing and Product
  Development Teams to determine the products and services appropriate for
  various customer segments.

Credit Risk Management 

• Ensures that all Branches maintains a Portfolio at Risk of not more than 5% PAR > 1 day
• Ensures that loan loss rate is kept within maximum limit of less than 2%
• Supervises the debt recovery team to ensure collection of written off loan facilities from clients.
• Documents
  causes of delinquencies and implements remedial action by updating
  policies, taking appropriate disciplinary or capacity building to the
  operations team.

Integration with World Vision and Social Performance Management 

• Drives
  the social performance agenda of the business through targeting of the
  right clients as defined in VFT’s social performance framework.
• Ensure that VFT’s operations aligns with World Vision APs and maintained to close working relations with all AP Managers.
• Building mutually beneficial partnerships with other strategic partners in line with the mission of VFT.

Required skills, knowledge, and competencies
List
education, knowledge & skills, licenses preferred, and all
experiences required to perform this position in a fully competent
manner; –
Education and Experience 

• A
  minimum of BSc in Business, accounting, finance or related area of
  study and minimum of five years of senior operational management
  experience, preferably in a bank or microfinance institution.
• Experience in strategic planning, budgeting, operations, deposit product and systems development, and risk management.

Core Competencies Required: 

• Strong leadership and people management skills.
• Strong
  analytic skills. Ability to conduct analysis of business processes and
  operations and to think strategically using financial analysis.
• Excellent communication skills.
• Ability to present financial information effectively to both specialists and non-specialists.
• Understanding of financial and banking software packages, preferably familiarity with T24.
• Knowledge of micro, small and medium enterprise market segments in Tanzania.

Attributes Desired for a position above; –

• honest, hardworking, friendly, focused;
• Local language skills;
• High standards in regards to quality of work;
• Able to work independently and as a team member;
• Attention to detail;
• Experience in banking or microfinance;
• Commitment to the social mission of microfinance

Compliance Manager
Work Reference No. 26/25 
Position: Compliance Manager
Job Type: Full-time
Reporting to: Head of Risk and Compliance
Job Purpose; –
To
ensure the bank complies with all applicable regulatory requirements,
internal policies, and ethical standards. The Compliance Manager leads
the implementation of the compliance framework, monitors regulatory
risks, supports AML/CFT efforts, and fosters a culture of compliance
across the institution.
Main Responsibilities; –
Regulatory Compliance

• Ensure
  VFT full compliance with applicable laws, regulatory requirements, and
  guidelines issued by the Central Bank and other regulators (e.g., BAFIA,
  Country Labor Laws, AML/CFT, KYC, data protection, consumer protection,
  and others).
• Conduct Annual regulatory gap analysis and recommend the establishment and enhancement of the missing controls
• Maintaining the regulatory tracking log and ensuring timely submission of all regulatory reports and returns.
• Act as the primary liaison with regulatory bodies and manage regulatory inspections or audits.

Compliance Monitoring & Testing

• Develop and implement compliance monitoring plans to assess adherence to internal policies and external regulations.
• Annual
  revision of compliance working papers and reporting templates to ensure
  risk and compliance officers are well supported to conduct regular
  compliance reviews 
• Conduct regular compliance reviews and assessments across departments.
• Report breaches, non-compliance, and gaps with corrective action plans.
• Provide oversight to the Risk and Compliance Officers in all regulatory and internal compliance requirements

Policies and Procedures

• Assist
  the Head of Risk and Compliance in the development, renewal, and
  enforcement of compliance-related policies and procedures.
• Ensure all Internal policies are aligned with legal and regulatory requirements and best practices.
• Track and report compliance issues, breaches, and key compliance indicators to senior management.
• Lead internal compliance reviews and investigations of potential breaches
• Maintain
  a centralized repository of current compliance policies and procedures,
  ensuring accessibility and version control for all stakeholders.

Training & Awareness

• Development and implementation of annual compliance training plan for the Risk and Compliance Team and the VFT staff
• Annual review and development of internal controls training materials for staff
• Conduct
  training for the risk and compliance team on compliance risk
  assessments, root cause analysis, and other internal compliance-related
  training

Reporting

• Monthly preparation and submission of compliance reports to management
• Timely review and submission of the compliance review report conducted by the Risk and Compliance Officers from all regions
• Maintain compliance dashboards and key performance indicators (KPls) for the bank and the Risk and Compliance Officers.

Performance Appraisal Responsibilities

• Lead
  the performance appraisal process for Risk and Compliance Officers,
  ensuring alignment with departmental goals and regulatory expectations.
• Set
  clear performance objectives and key performance indicators (KPls) for
  compliance staff, focusing on effectiveness, timeliness, and accuracy of
  compliance activities.
• Conduct regular performance reviews,
  provide constructive feedback, and identify areas for improvement and
  professional development.

Advisory and supervisory Role

• Provide compliance advisory services to business units on new products, partnerships, or initiatives.
• Participate in product development and project committees to ensure regulatory compliance.
• Advise senior management on emerging regulatory risks, changes in laws, and strategic compliance implications.

Required skills, knowledge, and competencies
List
education, knowledge & skills, licenses preferred, and all
experiences required to perform this position in a fully competent
manner; –

• Bachelor’s degree in law,
  Finance, Risk, Business, or related field (professional certifications
  such as CPA, ACCA, CAMS, CISA, or ICA preferred).
• At least 5 years of experience in banking compliance, legal, or audit roles.
• Strong knowledge of regulatory frameworks governing the banking sector.
• Experience with AML/CFT, KYC, and consumer protection regulations is essential.
• Strong analytical and investigative skills.
• Ability to influence and advise senior management and business teams.
• Detail-oriented with strong problem-solving capabilities.
• Understanding of ESG and data privacy regulations is an added advantage.
• Strong experience in working in an anti-money laundering environment, preferably evidenced by relevant qualification

Attributes Desired for a position above; –

• honest, hardworking, friendly, focused;
• Local language skills;
• High standards in regards to quality of work;
• Able to work independently and as a team member;
• Attention to detail;
• Experience in banking or microfinance;
• Commitment to the social mission of microfinance

About our working environment & organization culture:
VisionFund
Tanzania Microfinance Bank has a calm and harmonious working
environment where staffs are highly valued. Good work is recognized and
rewarded accordingly and there is an opportunity to grow professionally
and spiritually.

VisionFund Tanzania Microfinance Bank takes our
Safeguarding responsibilities seriously and is committed to providing
an environment that is safe from harm or abuse for adults, including
clients, as well as children. Candidates will undergo criminal record
and background/ reference check prior to employment.
Female applicants are particularly encouraged to apply!!

Mode of Application:
Interested and suitably qualified individuals should;
Forward
their application letter, attaching certified copies of their academic
and professional certificates, detailed CV’s with three referees and
National ID to application@vftz.co.tz

All applications should be addressed to;

The Chief Executive Officer,
VisionFund Tanzania Microfinance Bank Limited
P.O. Box 1546,
Arusha, TANZANIA.

The position should be the subject of the email application.
The deadline for the application is on 31st August, 2025.
Go to our Homepage To Get Relevant Information.
N.B. Only short-listed candidates will be contacted.
Disclaimer
VisionFund
Tanzania Microfinance Bank would like to inform the general public that
it has not engaged any consultant/agent to conduct recruitment on its
behalf.