Aggar Microfinance Institution (MFI), a pioneer in Ethiopia’s financial landscape, is currently seeking qualified professionals to join its dynamic team. With a commitment to providing accessible credit and savings services to underserved communities, Aggar MFI offers career opportunities that contribute to economic development while fostering personal and professional growth.
About Aggar Microfinance
Established under proclamation No. 40/96 (now replaced by proclamation No. 626/2009), Aggar Microfinance was founded as Ethiopia’s first commercial private microfinance institution. The organization was created to address the needs of the “missing middle” by bridging the gap between traditional banking services and underserved urban and rural communities. The founders, driven by both social and profitability objectives, aimed to create a sustainable institution that would empower individuals and businesses to achieve financial independence.
Starting with just 443 shareholders and a paid-up capital of 4.2 million birr, Aggar MFI has experienced remarkable growth over the years. Today, it boasts over 750 shareholders, a paid-up capital exceeding 200 million birr, and total assets surpassing 410 million birr. This impressive trajectory reflects the institution’s dedication to providing innovative financial solutions, fostering economic empowerment, and supporting national development goals.
Aggar Microfinance’s mission is rooted in creating opportunities for individuals and communities to thrive. By offering tailored financial services, the institution not only facilitates entrepreneurship and investment but also promotes social inclusion and economic stability. Its commitment to excellence and integrity has earned it a reputation as a trusted partner in Ethiopia’s financial sector.
Job Openings at Aggar Microfinance
Credit Analyst/Appraisal
Aggar Microfinance is hiring a Credit Analyst/Appraisal professional to join its team at the Head Office in Addis Ababa. This role requires an MA or BA in Economics, Management, Accounting, Banking and Finance, or a related field, with a minimum of 3 to 5 years of relevant experience in microfinance or banking.
The Credit Analyst/Appraisal professional will be responsible for evaluating loan applications, conducting financial analyses, and ensuring the institution’s credit policies align with its strategic objectives. Strong Microsoft Office skills, particularly in Excel and Word, are mandatory for this role.
Executive Secretary
The position of Executive Secretary is also available at the Head Office. Applicants must have a BA Degree or College Diploma in Secretarial Science, Office Management, or a related field, along with 4 to 6 years of experience in a similar role.
This role involves managing administrative tasks, organizing schedules, and providing essential support to the executive team. Proficiency in Microsoft Office, particularly Excel and Word, is a crucial requirement.
Credit Portfolio Analyst
Aggar Microfinance is seeking a Credit Portfolio Analyst to work at its Head Office. Candidates should hold an MA or BA in Economics, Management, Accounting, Banking and Finance, or a related field, with 3 to 5 years of relevant experience in microfinance or banking.
The Credit Portfolio Analyst will analyze and monitor the institution’s credit portfolio to ensure optimal performance and risk management. Advanced knowledge of Microsoft Office tools, especially Excel and Word, is essential for this position.
Senior Manager, Risk & Compliance Service
The Senior Manager, Risk & Compliance Service role is a critical position based in Addis Ababa. Applicants must possess an MA or BA in Accounting, Management, or a related field, with 6 to 8 years of relevant experience, including 3 years in senior roles within microfinance or banking.
This position entails overseeing risk management and compliance operations, ensuring that the institution adheres to regulatory requirements while implementing effective strategies to mitigate risks. Expertise in Microsoft Office, particularly Excel and Word, is a mandatory skill for the role.
Driver
Aggar Microfinance is also hiring a Driver for its Head Office. Candidates must have completed Grade 8, possess a 3rd-grade driving license, and have at least 3 years of driving experience.
The driver will be responsible for safely transporting staff and documents, maintaining the vehicle in excellent condition, and adhering to all traffic regulations.
Application Process
The deadline to apply for these positions is December 23, 2024. Interested and qualified candidates are invited to submit their application letters, CVs, and non-returnable credentials within seven working days from the date of this announcement.
Applications must be submitted in person to:
Head Office Human Resource & Administration Office
Lideta, near Balcha Hospital, Dama House, 3rd Floor, Office No. 302.
Alternatively, applicants may send their materials via post to:
P.O. Box 316, Code 1250
For additional information, applicants can contact the office at 0115-57 95 89.
Aggar Microfinance offers an attractive salary and benefits package, reflecting its commitment to employee satisfaction and development. Take advantage of this opportunity to join an institution dedicated to empowering communities and driving financial inclusion in Ethiopia. Apply now!