VisionFund’s work seeks to end intergenerational poverty through financial products and services. We’re about the long-term change that ensures children can break free of the poverty cycle, for good.
By supporting people and communities living in poverty to develop and grow their livelihoods, VisionFund is catalysing sustainable economic growth to break the cycle of poverty, so that children can reach their potential as communities thrive.
Learn more about us: visionfund.org
Location: Applications are welcome from any country WVI is registered to operate.
Overview
VisionFund is World Vision’s microfinance provider serving vulnerable clients through loans, savings, and insurance. We enable families to grow their livelihoods in hard to reach, rural locations in 25 countries so that caregivers can create secure futures for their children. We believe in brighter futures for children; empowering families to create incomes and jobs; unlocking economic potential for communities to thrive.
VisionFund is committed to forging a new path that will help us achieve our goal of positively impacting the lives of 30 million children through our strategy, Our Livelihood Promise. Based on the results trend so far, we have realized we are not going to be able to achieve that goal with our current structure and operating model. This will require us to reposition the Global Centre.
In light of the above, VisionFund International’s Network of Microfinance Institutions is hiring a Global Product Manager, Financial Services. The Financial Services Product Manager will champion the overall strategy for product management of Credit and Savings products that are delivered globally through VFI’s network of MFIs.
This position is responsible for creating, building, enhancing and supporting a global strategy and developing, implementing and overseeing the credit and deposit taking strategies country by country, including working with and lobbying external parties (including regulators, central banks, NGOs etc) and technology partners as appropriate. The role also ensures the risk framework for the products are in place and inform the strategy, with special emphasis in developing and monitoring the risk management framework for the Savings product.
The remit of the role is twofold, providing oversight to the management and development of the credit products and having direct responsibility for developing the strategic concept of ‘savings’ as one of the core areas to assist with financial inclusion, create resilience of clients, improve impact of client and family.
Savings provides an investment in our clients’ futures: safety net for clients, an improved ability to moderate personal cash flows, and a better alternative for safe-keeping liquid assets in times of need. The strategy is to complement the current focus of credit lending, with a savings strategy and product suite to specifically raise large amounts of local currency capital at low cost. VFI wants to develop/implement innovative ways of providing savings that breaks the traditional high-cost mode of delivery through a branch network.
Key responsibilities
Product Management and strategy:
Product Development:
Monitoring and Evaluation of Client Experience and Satisfaction
Provides strategic leadership and oversight to the Product Management of Credit products:
Leadership, guidance and support to the team for personal/team development and wellbeing (personal, professional and spiritual).
Knowledge, skills and experience
Required
Preferred
Languages and Travel
Applicant Types Accepted:
Local Applicants Only