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 Recovery function is critical to prudently managing the bank’s special assets portfolio; the incumbent of the position is responsible for management of the team and the process in all aspect of special assets account, for the efficient and effective management of the Special Assets portfolio.

Job Details:

Title	SME & Corporate Recovery Manager	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 6, 2024
Duration	Permanent	Location	Credit Department – Head Office
Vacancy No.	FMFB-HR-0053-2024	Gender	Male

Duties and responsibilities:

• Plan, develop and implement effective strategies to improve bad debt recovery in Corporate and SME segments.
• To lead and manage the Debt Recovery team and ensure that timely support is provided to the collection team.
• Create and implement action plans for resolving problem loan weaknesses and defaults, to include restructures, legal action, settlements, foreclosures, liquidations and other actions. Negotiate with defaulted borrowers and guarantors to arrive at best possible resolutions.
• Work with legal counsel to ensure bank’s best interest are represented and enforced.
• Analyze data to report on the financial deficiencies resulting from SME and Corporate accounts, and maintain/retain data and records based on DAB’s assets classification and provisioning regulation.
• Closely work with the collection team and clients to resolve loans that have been assigned to the recovery unit.
• Responsible for restructuring special assets accounts and the subsequent monitoring.
• Act as a liaison and building good relationship with local authorities (police office, directorates and courts).
• To develop and execute bad debt recovery processes to provide a standard and unified framework with regards to recovery of bad debts, progression of cases, recovery cycles, use of collection agencies, court action and write off of debt and meet the agreed recovery target.
• Ensure that appropriate procedures are in place to progress all debts through the recovery cycles and setting clear framework so staff can identify the most suitable means of recovery.
• To monitor and review the performance of internal and external collection agents and ensure the recovery targets are achieved by the collection agents.
• Contract with and utilize bank legal counsel as needed.
• Manage internal and external resources required in the sale of repossessed assets, including personal property, hypothecated assets, vehicle, and inventory.
• Ensure adherence to policies, procedures, customer’s rights protection circular and other appropriate compliance measures in handling Special Assets accounts.
• Monthly reports to the Chief Credit Officer and Delinquency Committee.
• Any other duties as assigned by the Chief Credit Officer.

Qualifications:

• Having a Bachelor Degree of Business Administration and Account & Finance.
• Having at least 5 years’ experience in the field of Branch Manager, Collection Manager or portfolio manager; preference will be given to candidates with experience in collection or recovery manager with a bank.

Skills and Knowledge:

• Extensive knowledge of accounting, financial statement analysis, cash flow, and dealership operations.
• Knowledge of financial and legal processes of all aspects of commercial lending to business and consumers.
• Good knowledge of Secured Transaction Law on Movable property in banking transaction and Good knowledge of Law on Mortgage of Immovable Property in banking transaction and Understanding of legal remedies available in loan default scenarios.
• Good knowledge (or willingness to learn) of the DAB and Basle Committee rules and regulations pertaining to prudential risk management.
• Proficient in Microsoft Office programs specially in Excel and Very good command in spoken and written 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 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 Chief Risk Officer (CRO) holds the pivotal role of guiding the creation and roll-out of the bank’s risk management capabilities. Additionally, the CRO lends expertise to the board in its development of the bank’s risk appetite and in translating the risk appetite into a risk limits structure.

Job Details:

Title	Chief Risk Officer	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 6, 2024
Duration	Permanent	Location	Risk Management Department, Kabul Province
Vacancy ID.	FMFB-HR-0051-2024	Gender	Male / Female

Duties and responsibilities:

• Building a robust risk management framework and architecture for the Bank, bringing together several teams (operational risk, credit risk, enterprise risk management, interest rate and market risk, stress testing, modelling and analytics) and managing the enterprise-wide risk.
• Building and leading a highly collaborative and proactive risk function that can navigate the increasingly complex business and regulatory environment.
• Ensuring a system-wide view and understanding of the combined risks of the business and their inter-relationships (interest rate risk, liquidity risk, operating risk, credit risk, reputational risk, regulatory risk).
• Embedding a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework.
• Partnering effectively with third parties, regulatory bodies and others, as appropriate and serving as a role model for high personal and corporate ethical values and standards of integrity.
• Responsible for compiling, assessing and reporting risk information to the bank management and the Board of Supervisors.
• Managing the regulatory risks and controls for the assigned regulation, law or line of business to ensure compliance with applicable laws and regulations.
• To work with management to ensure a system is in place which ensures that all major risks of the bank are identified and analyzed.
• Maintain a risk register based on the identified applicable laws and regulations, fraud schemes, and AML, etc considerations.
• Assist in the development and monitoring of key risk indicators (KRIs) that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.
• Identify emerging risks that present new regulatory, fraud, or money laundering risks. These include risks associated with new products and services, customer types, geographies, and channels.
• Coordinate the collection of risk information from source systems, departments, and reporting. Analyze the data and apply it to various key risk areas to update the risk profile.

Qualifications:

Education: At least a bachelor’s degree in economics, finance, accounting, business administration or ACCA membership.

Certification: At least PRM, FRM, CFA certificates or other valid internal certificates are essential.

Experience:

At least five years of leadership/ management experience in banks or seven years of the same experience in any recognized financial institution.

Skills:

• Strong understanding of risk exposure calculation methods and risk management
• Strong analytical skills with working knowledge of the principles of credit risk, market risk, operation risk, liquidity risk, financial risk, and IT risk of banks and financial institutions.
• Sound knowledge of investment risk and portfolio management concepts.
• Understanding of other operational risks including IT Security.
• Ability to clearly articulate and express a bank risk appetite.
• Knowledge of policy development and implementation.
• Strong command of risk management principles tools and models.
• In-depth understanding of the regulatory economic sectors client and market environment and trends.
• Excellent communication organisational and leadership skills.
• Have high ethical standards and integrity in both personal and professional dealings.

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 executive.vacancy@fmfb.com.af  and cc info.bsd@dab.gov.af

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

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 Head of Security (HoS) support FMFB-A to provide and implement the required security and safety measures, i.e. to its personnel, visitors, buildings, information and other assets. The post holder will implement a holistic and dynamic security provide for the Bank, advising on activity and covering all areas of risk. The HoS collaborates with other departments to fulfil a wide variety of strategic initiatives to ensure the protection of the staff, customers and assets of the Bank.

Job Details:

Title	Head of Security	# of Vacancies	1
Nationality	Afghan	Grade, Salary	As per the Bank salary scale
Type	Full-time	Closing date	May 6, 2024
Duration	Permanent	Location	Security Department, Kabul Province
Vacancy ID.	FMFB-HR-0052-2024	Gender	Male

Duties and responsibilities:

• To provide detailed strategic analysis and security risk assessments for current and perceived threats for all bank activities at least monthly to the CEO. Assess FMFB-A location security needs and provide detailed reports providing security solutions, advisories and direction in mitigating threats and risks.
• To propose appropriate and cost-effective security mitigation models that will allow the banks’ infrastructure to remain protected within financial restrictions.
• Develop and Implement the approved security documentation, security planning and incident business continuity at a country level in support of FMFB-A.
• To provide oversight management of all bank employee security, asset security and the protection of FMFB-A’s reputation in the face of security incidents.  In addition, to manage the secondary security contract providers and offer advice in times of contractual renewals.
• The implementation and maintenance of a Threat Warning System by SMS that provides all staff members with real-time information about risks or incidents in their areas.
• To ensure that FMFB-A has all the required security-related documentation, that incidents or shortfalls is captured when documents are reviewed and that documentation is correctly stored in the Security Shared Drive.
• To ensure that the reactive and active procedures are in place should there be a security-related incident.
• To be the bank’s main point of contact with regards to security-related issues and when needed to provide detailed reports or analysis to external agencies supporting FMFB-A.
• To act as a specific advisor about staff threats and as a support advisor in internal crime not covered by Internal Audit Department FMFB-A.
• To provide technical and physical direction during incidents and maintain the FMFB-A Crisis Management approach.

Staff Management & Development:

• Ensure the overall effective management of the staff under supervision, ensuring that staff members have clear objectives and focused work plans.
• Participate in the recruitment of new staff and actively contribute to their onboarding and development.
• Cultivate and work on developing a high-performance team, by proactively engaging in career development discussions, mentorship, coaching and other development measures.

Other Duties:

• Represent the Bank in industrial and professional associations, community organizations, local business groups, etc., and promote the Bank’s favourable image.
• Perform any other activity that may be required aligning with the responsibilities of the post.

Qualifications:

Education:

• At least a Bachelor’s degree in business administration, security or any other related social science area.
• Relevant professional training or certification desirable.

Experience:

• At least 5 years of progressive experience in the field of security in international organisations.
• A strong background in physical security and safety, executive or hostile close protection, crisis management, business continuity planning, security risk assessment and security awareness training.

Knowledge, Skills and Abilities:

• A comprehensive knowledge of the local political, security and ethnically related issues in Afghanistan.
• Excellent management skills, including scheduling tasks and supervising staff.
• Innovative, technical and analytic problem-solving abilities.
• Strong relationship-building skills and ability to create excellent relationships with internal and external stakeholders.
• Have high ethical standards and integrity in both personal and professional dealings.
• Exhibit a high level of emotional intelligence and embrace pluralism and inclusiveness.
• Show humility and authenticity in the relationships at all levels.
• The incumbent should possess excellent communication skills (oral and written) in English and Dari. Any other languages are an asset.

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 Details:

Title	Collection Officer	# of Vacancies	11
Nationality	Afghan	Grade, Salary	Commission paid based on loan amount recovery
Type	Full-time	Closing date	April 23, 2024
Duration	Fix Term	Gender	Male
Location	Aqcha, Charikar, Mandavi, Taimani, Koti Sangi Branch	Vacancy No.#	FMFB-HR-0049-2024

Duties and responsibilities:

• Visit client, guarantor, their businesses, and collateral along with the branch manager/Deputy manager to ensure their existence and the conditions.
• Find out the reason/s why the loan was not repaid on time and report it to the recovery unit.
• Visit client, guarantor, and collateral owner for the recovery process and agree with parties for

repayment of the loan as per the recovery guideline.

• Follow up with parties on agreed repayment through mobile calls or personal visits.
• Follow up on NPL accounts to bring down the percentage of NPL by organizing personal/joint visits.
• for recovery of overdue amounts.
• Obtain approval for filing cases with the authorities from the recovery unit on case to case basis, register the case, and monitor its progress for recovery of the overdue amount.

Qualification:

• Primary and Secondary school and High school graduate is preferred.
• Work experience of 2 years.
• Well articulate in the predominant local language of the area in which she/he works; good communication, negotiation, and presentation skills; good understanding of the business process; good understanding of the business-related laws/regulations of the government; good understanding of the business potential in the area in which s/he works; and a good level of familiarity with the population of the area in which s/he works. 
• Belief in, and commitment to establishing and maintaining good relations with the client; being tactful and courteous; social concern and sensitivity to the culture/traditions of the area of his / her engagement; belief in, and in practice promoting professional confidentiality; enthusiasm in the job, specifically in working in the field with clients; being mature and self-disciplined.

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	April 28, 2024
Duration	Permanent	Location	Charikar Branch, Parwan Province
Vacancy No.	FMFB-HR-0047-2024	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.