Careers

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture, and rural economic development.

Job Summary: 

The incumbent of the position is responsible for extending required support to Head Teller/ for the execution of cash transactions with Clients in terms of cash withdrawal and cash deposits, handling Customers cash-related issues, or any other Cash-related matter in the mentioned section.

Job Details:

Title	Teller	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 10, 2024
Duration	Permanent	Location	Khandood of Ishkashim Branch
Vacancy No.	FMFB-HR-0067-2024	Gender	Male

Duties and Responsibilities:

• Handling large cash withdrawal and deposits concerning the full compliance policy in line of the regulatory regulations.
• Checking and verifying customer signature in MIS system while withdrawing.
• Customer cash withdrawals and checking notes asper DAB current circulation of note distribution.
• Receiving cash deposits and checking the supporting documents asper compliance policy.
• Checking and filing daily cash withdrawal/ deposit vouchers.
• Preparing voucher and in putting in the system.
• Currency exchange and preparing exchange slips.
• Maintaining cash in and cash out report.
• checking and ensuring validity of currency cash on the counter.
• balancing the tills at end of the day.
• Recording all the denomination of the notes at back of the all cash vouchers while making payments.
• Replacing head teller in case of his absence.
• any other tasks assigned by the respective line manager

Qualifications:

• High school graduate with two years of experience and the degree will be considered as a plus point.
• The experience should be related to the field and similar to the position.
• Have good communication skill and presentation skills. 
• Have computer office package skills, calculation skills, and analysis skills.
• Good command of local languages and English.
• Good computing and accounting skills.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, The First MicroFinance Bank – Afghanistan (FMFB-A) started its operation in 2004 As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

This branch level position is responsible for providing assurance that the risk in his/her branch is managed following the bank’s policies and procedures, and falls within the acceptable level of risk appetite. The jobholder focuses on credit and operational risk, as well as mitigation of internal and external fraud.

Job Details:

Title	Branch Risk Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 22, 2024
Duration	Permanent	Location	Maimana Branch, Faryab Province
Vacancy No.	FMFB-HR-0068-2024	Gender	Male

Duties and Responsibilities:

Credit Risk Document-based Assessment of Borrowers and Guarantors

• Evaluation of the borrower’s industry risk and macro-economic factors.
• Evaluation of individual borrowers as per the bank’s policies and procedures, including credit risk assessment of
• The purpose of credit, source of repayment, and repayment capacity of the borrower,
• The track record/repayment history of the borrower,
• The proposed terms and conditions and covenants,
• Adequacy and enforceability of collaterals, including approval from appropriate authorities (Wakil Guzar etc.),
• Appraisal of the real estate of borrowers,
• Evaluation of the guarantor, if applicable.

Credit Risk Monitoring of Borrowers and Guarantors in the Field

• Independent pre-disbursement loan verification in the field following the guidelines:
• All MF loans above AFN 300,000 equivalent IN USD.
• All SME borrowers are subject to pre-disbursement control (if SME loans are offered at his/her branch).
• MF loans below AFN 300,000 or equivalent in USD – randomly. The selection of clients to be verified shall depend on the composition `of the branch portfolio. The sample should cover all segments of borrowers, all products offered by the branch and all loan officers, as well as new/returning borrowers.
• Guarantors to the above loans, if applicable.
• Independent post-disbursement periodic loan verification in the field for all Past Due Borrowers > 30 days.

Data Analysis and Reporting

• Works closely with his superiors at the Risk Management Department on other areas of risk applicable to his/her branch and in investigating the incidents of operational risk and fraud that may arise in his/her branch.
• Documents material errors identified in the credit risk management processes, reviews critically the root causes for delinquency cases, and lessons learned for enhancement of policies and processes related to risk management.

The types and frequency of reports are as follows

• Monthly reporting on the credit risk management activities to the Credit Risk Manager, including the Number of credit files reviewed, rejected, and PD clients monitoring.
• Monthly reporting on operational risk controls – a procedure will be introduced in 2017.
• Immediate report on fraud, misconduct, and other urgent cases including credit process issues

Qualification:

The position requires a bachelor’s degree in economic or business administration with two years of experience or an associated degree or baccalaureates with three years of experience.

The job holder should have:

• experience in banking shall be in MFI, lending, internal audit, finance or risk assessment; preference will be given to candidates with experience in credit risk assessment,
• Good knowledge (or willingness to learn) of the financial analysis’s principles and indexes,
• Good knowledge (or willingness to learn) of the Basle Committee and DAB rules and regulations pertaining to prudential risk management.

Skills:

• Excellent analytical thinking and attention to details.
• Can-do attitude.
• Independent mindset, able to draw conclusions and communicate his/her concerns in a clear and concise manner directly to the management.
• Quick learner who can rapidly master all aspects of the job with limited supervision and training.
• Good organizer with self-planning and problem-solving skills.
• Good communication and reporting skills. Should be able to communicate in English.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004, and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in over different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The incumbent of the position is responsible for all the activities of the branch. He supervises the work of the branch employees; and manages a well-thought-out commercial development of the branch.

Job Details:

Title	Branch Manager	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 10, 2024
Duration	Permanent	Location	Baharak Branch, Badakhshan Province
Vacancy No.	FMFB-HR-0056-2024	Gender	Male

Position’s Duties and responsibilities:

• Manages, monitors, and supervises the branch operations (loan portfolio, savings mobilization, etc.); and Manages branch liquidities.
• Manages and supervises the work of branch staff; and is in charge of branch administration.
• Assist staff in setting commercial objectives; persuades staff to achieve them and constantly monitor staff efforts to ensure their achievement.
• Manages the logistical aspects (stock of documents, stationeries, vehicles,) in coordination with the Logistics and Procurement sections.
• Implements the business plan/financial projections at the branch level; and authorizes expenses in line with the budget.
• Follow up on important customers as well as delinquent customers, and chairs the Branch Loan Committee.
• Developing staff capacity through ongoing need assessment and support to maintain efficiency and effectiveness of resources.
• Responsible for staff attitude and ensuring respectful, professional, and banking values-driven behavior against customers.
• Liable for all branch fixed assets in terms of placing their adequate and update inventory, being utilized properly, and making sure that they are in good and functioning order.
• Any other identical task assigned by the respective supervisor/s.

Qualification:

• The candidates shall have a Bachelor of Business Administration or a Bachelor related to the field.
• At least 5 years’ experience, with 2 years of it in banking or microfinance, and at least 3 years of it in a managerial role.
• Ability to manage staff in a challenging commercial environment, a good command of written and spoken English, good computer literacy, and a good understanding of the concept, theory, and practice of microfinance banking.
• Social concern; committed; believing in and committed to staff capacity building; respectful to customers.
• Has the skill to make rational decisions, has leadership skills, and has hard, technical, and soft skills.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The incumbent of the position is responsible for consolidating the SME and Corporate Branches Monitoring reports; post disbursement reports. PD follow up on daily, weekly and monthly basis. Technical supports to the Branch Manager, SME and Corporate team leaders and processing the branches documents related to the credit department.

Job Details:

Title	SME Post Monitoring Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0062-2024	Gender	Male/Female

Duties and responsibilities:

• Collect post monitoring forms as frequency defined in the credit policy and procedures, PD follow up forms, customers commitment to payment forms and cases registered report of SME cases on a timely manner. Ensure all post monitoring are conducted as per credit policy and procedures.
• Consolidating the Branch reports and channeling the finalized consolidated report to the concerned parties.
• Applying standard filing systems manage the post monitoring forms filing in a way to ensure easy access of any document when needed.
• Receiving the updated post monitoring forms related to the new financing cases and conventional credit portfolio from the Branches.
• Ensure full compliance with the relevant/prevailing FMFB policies/ procedures; and full alignment with the audit recommendations.
• Generate the list of all clients in PD from the system and share it to RMs, BMs & DBMs and follow up on the same with Branch Managers to normalize the PD.
• Get the scanned copies of PD follow up forms, Commitment letters, Business monitoring forms and verify with the list to ensure all of them are performed. In case of any error/procedure’s violation, notify the branch immediately.
• Obtain the scanned copies of all the post disbursement monitoring forms from the branches, compare with the list shared with them one by one to ensure post disbursement monitoring is completed as policy and procedure. 
• Sort scanned files based on customers numbers with specific period, maintain the scanned copies in the proper folders.
• Daily PD follow up with the branches on Islamic portfolio and Conventional portfolio.
• Develop a summary of all errors and violations and issue the report to the respective manager for further actions.
• Any other identical task as assigned by the respective supervisor/s.

Qualifications:

• The experience should be related to the field and similar to the position or experience in extending administrative and secretarial support and filing, report writing, training and consolidating reports.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004, and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The incumbent of the position is responsible for extending the timely and quality administrative support to the Branch Management, sorting, organizing and management of branch documents including customer files and title deeds. Branch Assistant has back office role and works very closely with branch clerks to ensure that branch documentations and filing is well organized. Branch Assistant is also responsible for scanning hard copy documents in the branch and make sure proper arrangement of the documents after scanning.

Branch Assistant will also work very closely with Archive Unit in Head Office to ensure old documents are archived on timely basis so that enough space is available in the branch. Branch Assistants also identifying the branch stationary needs and collaborating with Branch Clerk for addressing the logistics issues in a timely manner, collaboration with logistics for timely procurement and logistics services, etc.

Job Details:

Title	Branch Assistant	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Jalalabad Branch
Vacancy No.	FMFB-HR-0059-2024	Gender	Male

Duties and responsibilities:

• Sort, organize, management and archive all branch hard copy documents including but not limited to customer files and title deeds.
• Scan all the documents like account opening forms, loan application forms, Online Banking forms, remittances and other documents for sending to centralized account opening Unit, Centralized Credit Admin Unit, Alternative Delivery channel Unit and Payment Unit in Head Office.
• Creating KYC number and CIF in Flexcube after receiving complete documents from CRO/Saving Officer/Account Officer.
• Organize title deeds in the branch and make sure no one else should have access to sensitive documents without written approval of Branch Manager or his designate as per archive policy and procedures.
• Keep and maintain branch archive keys to protect documents.
• Fill handover forms and making sure written approval is there for any handover of title deed to any staff.
• Fill the forms for the physical movement of the documents and make sure authorized signature is completed for physical movement and handover of documents.
• Manage Branch admin and logistical needs in coordination with Operation and Professional Services Department.
• Assist the DBM for Credit Committee Meeting documentations and help with printing client loan contracts.
• Assist the CRO, Relationship Officer, Account Officer and other front-line staff in updating KYC process of customers by scanning the documents and sending to relevant Head Office Unit.
• Making sure that branch archive and records are kept clean.
• Any other task assigned by the respective supervisor/s.

Qualifications:

• Bachelor Degree in Business Administration or related to the field, with two years of experience or baccalaureates with three years of experience.
• The experience should be related to the field or administrative field.
• Good understanding and knowledge of loan documentations, account opening and KYC related documents.
• Good command of written and spoken English, reasonably computer literate, good interpersonal and communication skills.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The incumbent of the position is responsible for post monitoring of all financing cases based on the credit policy and procedures, consolidating the MF Branches Monitoring reports; post disbursement reports, PD follow up on daily, weekly and monthly basis. Technical supports to the Branch Manager and processing the branches documents related to the credit department.

Job Details:

Title	MF Post Monitoring Officer	# of Vacancies	2
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0061-2024	Gender	Male/Female

Duties and responsibilities:

1. Collect post monitoring forms as frequency defined in the credit policy and procedures, PD follow up forms, customers commitment to payment forms and cases registered report of MF cases on a timely manner.
2. Consolidating the Branch reports and channeling the finalized consolidated report to the concerned parties.
3. Applying standard filing systems manage the post monitoring forms filing in a way to ensure easy access of any document when needed.
4. Receiving the updated post monitoring forms related to the new financing cases and conventional credit portfolio from the Branches.
5. Ensure full compliance with the relevant/prevailing FMFB policies/ procedures; and full alignment with the audit recommendations.
6. Generate the list of all clients in PD from the system and share it to RMs, BMs & DBMs and follow up on the same with Branch Managers to normalize the PD.
7. Get the scanned copies of PD follow up forms, Commitment letters, Business monitoring forms and verify with the list to ensure all of them are performed. In case of any error/procedures violation, notify the branch immediately.
8. Obtain the scanned copies of all the post disbursement monitoring forms from the branches, compare with the list shared with them one by one to ensure post disbursement monitoring is completed as policy and procedure. 
9. Sort scanned files based on customers numbers with specific period, maintain the scanned copies in the proper folders.
10. Daily PD follow up with the branches on Islamic portfolio and Conventional portfolio.
11. Develop a summary of all errors and violations and issue the report to the respective manager for further actions.
12. Any other identical task as assigned by the respective supervisor/s.

Qualifications:

• The experience should be related to the field and similar to the position or experience in the MIFs mainly in lending, monitoring or auditing. 
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

Providing support to all FMFB-A branches in terms of Microcredit operations, complying with MF credit policies, procedures, rectification of audit/inspection team observations. Assisting Microfinance Credit Manager in preparing annual recover and disbursement targets for branches.

Job Details:

Title	Sr. MF Credit Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0064-2024	Gender	Male/Female

Duties and responsibilities:

• Collecting report of MF Branches on a timely manner.
• To ensure that relevant department is informed immediately of any challenges, system problems or customer difficulties that may be experienced in Credit & Collections on need basis.
• Ensure branches strictly adhere to Credit policies, procedures and practices as updated from time to time related to the credit department.
• Facilitate in annual and monthly external audit, DAB Audit and MISFA to ensure all required information, workings and schedules are provided to in a timely manner.
• Ensure DAB audit, internal and external audits and Sharia related audit observations are rectified by branches on agreed due date.
• Preparing monthly, quarterly and yearly report to external parties (IFAD, UN, USAID and etc) Any other responsibility assigned by MF Credit Manager / Chief Credit officer.
• Prepare all the business-related projections as required.
• Any other identical task as assigned by the respective supervisor/s.

Qualifications:

• The experience should be related to the field and similar to the position or experience in MFIs mainly on lending, data analysis and monitoring.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

Responsible for management and arrangement of all SME credit files at head office level and review of the loan file documentation. Does detailed check of loan appraisals making sure all credit components, rules and procedures are followed accurately. Helps SME Manager in arrangement of Credit Committee agenda, approval of files and any other tasks related or assigned to him by his direct manager.

Job Details:

Title	SME Credit Analyst	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0066-2024	Gender	Male/Female

Duties and responsibilities:

• Makes sure the hard loan files/required documents are complete for CC.
• Conducts review of documents making sure the documents are accurate.
• Manages/arranges the loan files “copies” at head office level.
• Makes verification visits to the field to verify the data collected by loan officers.
• Make surprise visits to the field to verify the inconsistencies in file and clarify the issues.
• Make visits to the field along with loan officers to supervise them in doing monitoring.
• Helps the SME Manager in ensuring that the credit components of the Loan product programs are properly followed.
• Helps the SME Manager in ensuring proper, prudent and conservative credit analysis is done and independently verified on each proposal and that all Policy requirements have been met.
• Enforce strict credit discipline on client loan applications completed by the loan officer; and ensure that proper field credit operations are followed.
• Reviews the monitoring forms to identify the risks along with SME Manager and suggests steps for mitigation.
• Helping LO resolve any loan application problems with customers as they are encountered.
• Helps the Credit Risk Manager to manage the Credit Committee Agenda for credit submissions, ensure all proposals are complete, accurate, and meet Policy standards.
• Helps the Credit Risk Manager in strengthening LO capacity by highlighting SME finance best practices.
• Maintains close working relationship with ACSP.
• Conducts any other tasks assigned by the SME Manager.
• Manages all the responsibilities of the SME Manager in his absence.

Qualifications:

• The experience should be related to the field and similar to the position or experience in any areas of marketing, product management, credit or risk assessment, field work, training and sales.
• Completion of a formal credit analysis training program, maybe in-house.
• Two years minimum microfinance loan officer experience or equivalent.
• Analytical and negotiation skills.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The incumbent of this position is responsible for the MIS reports and to support the MIS Manager for his/her daily, weekly, and monthly reports. Provides support to Microfinance, SME and Recovery units on microfinance and SME reporting and data analysis.

Job Details:

Title	Sr. MIS Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0065-2024	Gender	Male/Female

Duties and responsibilities:

• Maintain close coordination with the MIS Manager to ensure timely submission of MIS/portfolio reports to the MIS Manager.
• Be professional in meeting deadlines for completion of monthly portfolio reports by region, branch and Financing officers in a timely manner.
• Ensure the Financing officer’s bonus and other allowances are calculated accurately and submitted to the finance department in a timely manner.
• Execute and coordinate the correction of loan data errors with the branch’s credit administration in a timely manner.
• Ensure loan portfolio data is reconciled with the finance department in a timely manner.
• Provide support to the branches for preparing and analyzing the reports related to targets vs actuals on daily basis.
• Provide the list of all PD clients segregated by conventional and Islamic portfolio to the Branches on daily basis.
• Assisting Branch Managers with reporting tools and the requirements of the FMFB-A Microfinance reports.
• Assist MIS Manager in performance review of regional and branch managers whenever required.
• Ensure Financing officer wise portfolio at risk shared with branches in a timely manner.
• Any other identical task as assigned by the respective supervisor/s.

Qualifications:

• The experience should be related to the field and similar to the position or experience in extending administrative and secretarial support and filing, working with data and data recording, report writing, consolidating reports.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.

About FMFB-A:

As a background, FMFB-A started its operation in 2004 and is part of the Aga Khan Agency for Microfinance (AKAM), which has financial institutions operating in different countries throughout the world. It is affiliated with the Aga Khan Development Network (AKDN), a group of development agencies working in health, education, culture and rural economic development.

Job Summary: 

The Recovery and Special Assets Management function is critical to prudently managing the bank’s non-performing loan (NPL) accounts; the incumbent of the position is responsible to fully support the Recovery Manager and field recovery staff on collection of past due accounts that are assigned to the recovery unit.     

Job Details:

Title	Support Recovery Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 17, 2024
Duration	Permanent	Location	Credit Department, Head Office
Vacancy No.	FMFB-HR-0063-2024	Gender	Male

Duties and Responsibilities:

• Assists in the Recovery Manager and recovery team of all aspects of the bank’s NPL account recoveries.
• Upon transfer of a loan into Recovery, review loan for documentation and other deficiencies and evaluate status.
• Prepare monthly NPL account and recovery report documenting account status and impairment status. Prepare other management reports as required.
• Prepare notices letter, pre-negotiation agreements, reservation of rights, etc.
• Analyze financial condition and the credit status of borrowers and guarantors. Prepare financial statements of the customer to evaluate cash flows and the borrower’s/guarantor’s ability to repay the loan under current or modified repayment plans.
• Analyze collateral value. Review real estate appraisal reports, research current market data, business evaluation reports, accounts receivable audits, operating statements, etc.
• Assist Recovery Manager and monitor ongoing performance of the loans being paid under forbearances, settlements, modifications, etc.
• Maintain and update NPL files with appropriate documentation.
• Assist manager in all stages of the recovery process.
• Assist manager on appropriate impairment analyses, accrual and non-accrual determinations, reserves and charge-off recommendations
• Analyze data to help manager on reporting the financial deficiencies resulting from MF and SME NPL account, and maintain/retain data and records based on DAB’s asset classification and provisioning regulation.
• Closely work with Recovery Officers and provide full administration supports.
• Ensure adherence to policies, procedures, customer’s rights protection circular and other appropriate compliance measures in handling Special Assets accounts.
• Ensure timely reporting to the manager on exposure and potential losses, reserve amounts, and asset classification changes.

Reporting Requirements:

• Prepare monthly report to the Management and stakeholders on special assets, collection and losses.
• Prepare quarterly report for the Risk Management Committee on special assets, collection and losses.
• Prepare Ad hoc report on financial losses, their impact and lessons learnt.

Qualifications:

• The experience should be related to the field and similar to the position or experience in SME lending, data analyses and administration; preference will be given to candidates with experience SME lending and recoveries.
• Good knowledge of Secured Transaction Law on Movable property in banking transaction.
• Good knowledge of Law on Mortgage of Immovable Property in banking transaction.
• Good knowledge (or willingness to learn) of the DAB and Basle Committee rules and regulations pertaining to prudential risk management.
• Have good communication skill and presentation skill. 
• Have computer office package skill, calculation skill and analysis skill.
• Good command of local languages and English.
• Good computing and accounting skill.

Submission Guideline:

If you meet the above requirements, we are encouraging you to apply for this position. Please send us your CV along with a cover letter via email at (vacancies@fmfb.com.af).

Please make sure that your email includes the vacancy ID as the subject line.

Note that, only the candidates who are meeting the requirements of the position will be shortlisted.