COOP BANK NEW VACANCY

Advertisement for External Vacancies at Cooperative Bank of Oromia

Branch Manager I Job

BA, degree in management, accounting, or another area of business-related education.
Six years minimum of experience in the financial industry.
Language: English, Amharic, and Afan Oromo listening, speaking, and writing proficiency must be demonstrated.

Responsibilities and obligations

  • To find and create new sources of revenue, to attract and hire new potential clients and build solid connections, and to maximize the use of all the bank’s goods and services
  • By fostering and preserving beneficial relationships with current clients, you may keep them as clients.
  • Fix client problems examines and addresses service-related client issues, for example.
  • Make sure the needs of the clients are addressed.
  • Organize branch customer service efforts in accordance with the bank’s stated service standards.
  • Involve branch workers in promoting the service culture and enhancing client relations.
  • assist branch workers in establishing, maintaining, and fostering connections with customers,
  • Establish and strengthen positive connections with local financial institutions and other entities.
  • Create a schedule for regular face-to-face meetings with the branch’s corporate customers to talk business at their preferred location,
  • Ensure that all branch patrons are knowledgeable about the bank’s offerings.
  • As necessary, forward chances to other business segment managers.
  • Create and track bank sales tactics to gain a competitive edge in the region offers creative and useful contributions to improve the branch’s effectiveness and to expand the business’s horizons in order to boost profits.
  • supports and plans the branch’s marketing initiatives marketing department within the neighborhood to draw business
  • Execute the plan’s recommendations to increase customer recruitment and the provision of high-quality services.
  • Make sure that all documents pertaining to credit and trade services are sent to the appropriate organs in a proper and timely manner.
  • Monitor and keep an eye on your loan portfolio, and make sure that any accounts with significant suspense periods are cleared promptly.
  • controls and keeps up with all banking operations.
  • Ensure that branch staff are properly informed of policies, processes, circulars, and other business communications.
  • Accept branch expenses up to the allotted amount.
  • Ensure the efficient and appropriate use of the branch’s resources.
  • Correct discrepancies and comments that internal auditors and the controller have raised.
  • Verify that compliance with and monitoring of standards, laws, and other requirements are in place.
  • For the district and headquarters, prepare financial and operational reports.
  • Verifies that subsidiary accounts balance with their respective general ledger positions and compares daily cash on hand to the journal and cash book.
  • holds onto revenue stamps, loan security paperwork, and loan contracts in trust.
  • keeps a backup vault key and dual control over petty cash if necessary.
  • assembles and deciphers complex financial data for bank clients.
  • oversees branch finance financial reports for taxes, regulatory authorities, and other financial bodies.
  • Achieving goals requires engaging and encouraging personnel, keeping an eye on budgets, and making sure sales targets are fulfilled.
  • Providing day-to-day supervision and leadership to ensure that branch employees adhere to the rules, regulations, and other requirements established by the bank. This is done by providing the branch staff with training, mentorship, and guidance so they can work efficiently.
  • Talented employees should be identified, developed, deployed, and retained. Performance reviews, personal development, and succession planning should also be completed successfully and on time in accordance with the defined performance management system.
  • Records and evaluates daily the performance of the workforce that reports to him or her.
  • provides guidance on policy, financial management, and procedures.
  • plans and forecasts based on financial requirements
  • perform any additional responsibilities that your supervisor may designate.
  • Compensation: In accordance with the compensation range and benefit plan of the Bank.

Terms of employment: After a trial period, permanent.

April 18, 2023 deadline for registration

Service Station:

  • Busa town is home to the South Finfinne District’s Dawo Branch.
  • Town of Dilala is home to the Torban Wale Branch of the South Finfinne District.
  • The Debremarkos Branch of the Bahidar Area Relationship Office is situated in the town of Debremarkos.
  • Situated in Kamise town, the Kamise Branch is part of the Bahirdar Area Relationship Office.
How to Apply
  • If you meet the requirements above, send your non-returnable Resume together with your application letter, a copy of your qualifications, a copy of your grade 8 ministry certificate, and any other documents you feel are necessary.
  • In order to apply, candidates must appear in person at the Head Office,
  • as well as the Head Office and the Bahirdar Area Relationship Office for applicants from the Debremarkos and Kamise Branch, within five consecutive working days from the date of announcement.