Operations Executive
Strategic Management Jobs
- Industrial Development Corpor…
- Expires 31 Mar 2020
- Bulawayo
- Full Time
Job Description
INDUSTRIAL CORPORATION OF ZIMBABWE LIMITED
Vacancy: Operations Executive
The Industrial Development Corporation of Zimbabwe Limited (IDCZ) is a Development Finance Institution whose mandate is to establish and conduct industrial undertakings, facilitate, promote, guide and assist in the financing of new industries and industrial undertakings.
The Corporation wishes to recruit a dynamic, well qualified and experienced person to fill the position of Operations Executive. Reporting to the General Manager, the Operations Executive is responsible for the Corporation's lending and business development operations in fulfilment of the Corporation's statutory mandate.
Duties and Responsibilities
KEY RESPONSIBILITIES:
1) The Lending Function
The Corporation is statutorily mandated to facilitate, promote, guide and assist in the financing of new industries and industrial undertakings. It acts as a catalyst for the country's industrial development by providing funding to third party proposals in the manufacturing and value adding sectors of the economy.
The key responsibilities will, inter alia, involve the following:-
• Resource Mobilisation from the Shareholder and from the market, both local and offshore
• Develop and implement appropriate Credit administration and management policies and systems
• Develop and implement appropriate Risk management policies and systems, from loan origination to recovery
• Develop and implement loan recovery policies and systems
• Evaluate and monitor the state of the operating environment and its impact on lending activities and on existing investments with a view to mitigating any negative impact, and securing necessary policy support
• Gathering and maintaining market knowledge; customer experiences, needs and attitudes, and competition landscape
• Maintaining industry awareness through proactive networking in order to develop industry best practices and provide value adding feedback to all relevant stakeholders
• Effective oversight overall subordinate structures
• Contribute to the development of the Corporation's overall strategic plans and long term goals
2) The Business Development Function
The Business development function involves all initiatives to generate and implement new business in a comprehensive manner, including for the lending function, new greenfield projects, and existing brownfield projects, expansion projects and all other initiatives that create industrial capacity for the country on an on-going basis.
The key responsibilities will, inter alia, involve the following:-
• Drive resource mobilization initiatives to fund the Corporation's bankable projects pipeline, group investment portfolio and third party customers through loans and/or equity
• Directing and supervising industrial and value-adding projects opportunity research, feasibility studies and appraisals
• Planning, execution and monitoring industrial projects be it projects being carried out by the Corporation itself or in joint-venture partnership with third parties
• Identification, development and implementation of projects for the rehabilitation, expansion or modernization of existing group investments or third party projects through loan funding and/or equity participation on a venture capital basis
• Provide effective leadership and coordination in projects management and evaluation
KEY ATTRIBUTES:
The successful candidate should possess a verifiable track record, exposure and understanding in the following areas:-
• Knowledge and exposure to operations of development finance institutions; banking operations and risk management
• Knowledge of credit management and related compliances with applicable regulations.
• Competency in Project Financing, Financial Modelling and Resource Mobilisation
• Appreciation of global economic trends, industry and sector trends, and an appreciation of Zimbabwe's National Economic Policy framework, National Industrial Development Policy and the National Investment Policy and how they relate to the mandate of the Corporation
• Possess an entrepreneurial flair and business acumen
• Dynamic and results driven, with sound leadership and people skills
Qualifications and Experience
QUALIFICATIONS AND EXPERIENCE REQUIREMENTS
• A degree in a Business Management or related discipline; Development Finance; Banking; Risk Management; Accounting and Finance; an Engineering degree supported by a post-graduate Financial qualification
• A relevant Masters degree would be a distinct added advantage
• Membership of relevant Professional body/bodies
• A minimum of 10 years working experience in a development finance and/or venture capital environment; banking and/or financial institution environment, with at least 5 years in a Senior Managerial position
• Clean Class 4 Driver's Licence
How to Apply
Applications together with current curriculum vitae and certified copies of relevant certificates and an indication of the current remuneration package and the minimum expected package, can be hand -delivered or emailed under confidential cover to the following by 31 March 2020 at the latest
The Corporate Services Executive
The Industrial Development Corporation of Zimbabwe Limited
93 Park Lane Harare
Zimbabwe
Email: cse@idc.co.zw
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