Job Description


The CEO is responsible for all aspects of strategy, leadership and management of BRAC Tanzania Finance Ltd (BTFL). S/he will contribute to the effective and sustainable implementation of BRAC Tanzania’s Microfinance mission driven operations, with specific responsibility for expansion, designing, piloting and scaling innovative products, quality implementation of operations, including compliance with client protection principles and social performance management standards, funding, digitization of field operations, achieving cost effectiveness, and ensuring the achievement of BTFL’s mission, creating positive outcomes in the livelihoods of BRAC’s target clients. 

CEO will also be an active member of the Country Management Team (CMT), working closely with BRAC Maendelo Tanzania Country Representative and coordinating on projects that strategically fit with both the NGO and MF portfolios.
Main Responsibilities
  • Work with Senior Management Team and BI head office (MF and Finance teams) to develop BTFL’s Business Plan and implement six strategic priority areas through wider consultation and stakeholder engagement. Six strategic priority areas are Responsible Financial Inclusion, Innovative Product Development, Digitization, Talent Management, Management Development and Decision making, and Funding. 
  • Lead transformation of BTFL from credit only to deposit taking institution and any associated activities, including potential sale of shares 
  •  Ensure compliance with new Microfinance Act 2018 
  • Develop effective linkages with Central Bank of Tanzania, Ministry of Finance, the microfinance association, Investors, Banks, and other strategic partners to ensure BTFL is highly relevant and engaged in the microfinance industry in Tanzania. 
  • Find potential donor funding to improve products, the skill and capacity of the clients as well as staff.
  • Take the lead role in conceptualizing, designing and developing new, innovative products in line with BRAC vision and mission. 
  • Ensure microfinance monitoring system is effective and functions well through regular monitoring and field supervision to programme areas and provide feedback to respective programme staff.
  • Ensure on time monthly, quarterly and yearly high quality narrative, social and financial report submission to CBT, MIX, Investors, BRAC Tanzania Finance Limited Board of Directors, and other donor (as per project requirements).
  • Preparation of microfinance budgets, and annual updates to the business plan, collaboratively with programme and finance staff. Track programme expenditure through monthly and quarterly financial accounts prepared by the accounts department.
  • Supporting the team members and enabling national staff to take on leadership roles e.g. by encouraging good performance, coaching, mentoring, and assisting staff to prevent or resolve problems, providing resources, tools and equipment.
  • Ensuring that staff are adequately trained and developed for their roles e.g. by analysing staff training needs, organising the delivery of training or coaching, mentoring, secondments, sharing of experience etc.

Personal Specification

  • At least 10 years of working experience in Microfinance or banking
Knowledge, Skills & Competencies
  • Experience in Microfinance industry, previously a COO or CEO of MFI
  • Strong People/relationship  skills with customer service
  • Excellent organizational skills 
  • Team work Orientation
  • Action and Results oriented with good time management and analytical skills
  • Excellent oral and written communication skills in English 
  • Mentoring and capacity building
  • Strategic thinking
  • Ability to travel extensively



Banking & Finance



Job Level