Chief Executive Officer (CEO)

DAM Foundation for Economic Development (DFED)

DAM Foundation for Economic Development (DFED)

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Summary

• Vacancy: 1
• Age: at most 55 years
• Location: Dhaka
• Minimum Salary: Negotiable
• Experience: At least 15 years
• Published: 13 Nov 2024

Requirements

Education

• Masters in any discipline (Business Studies & Social Science are preferable).

• Other Subsequent Qualification-At least 2 nd class/division in all academic exams.

Experience

• At least 15 years

Additional Requirements

• Age at most 55 years

• Working Experience

• At least 05 years of experience in Deputy Director/DGM or CEO position.

• 15 years of working experience in microfinance sector.

• Additional Requirements

• Age limit at most 55 years.

• Spoken and writing skills both in English and Bengali.

• Should have excellent computer skills.

• Sincerity & Responsibility.

• Honesty & Integrity.

• Hardworking.

• Modern System adaptability & Creativity.

• Excellent interpersonal /self-motivational and team work skills.

Responsibilities & Context

Job Context

DAM Foundation for Economic Development (DFED) (an institution of Dhaka AhsaniaMission, MRA license-00109-02243-00747) is working to enhance the socio-economiccondition of poor people for creating their employment opportunities, raising income andincreasing their asset and financial resources. DFED is currently looking for competent andexperienced Personnel for the overall management of DFED & its field operations. Thisposition is based with Head Office as well field management of DAM Foundation forEconomic Development (DFED).

The Chief Executive Officer (CEO) of a microfinance program is responsible for the overallmanagement of the institution, including setting strategic direction, overseeing operations,managing finances, developing new initiatives, building a strong team, and ensuring theprogram achieves its goals of providing accessible financial services to low-incomepopulations. Essentially acting as the leader and primary decision-maker of the organization.

He/ She will be in charge of the overall management of the institution, including providingclear leadership and direction to the institution, ensuring solid operation and financialperformance, recruiting and developing the talent needed to accomplish high performancestandards and overseeing new operational systems. 

The Chief Executive Officer shall be responsible for the day to day management of the DFEDand without prejudice to the generality of the foregoing provisions. He/ She will be responsiblefor overall administration, monitoring, coordination, management and control of funds andresource of the DFED within the policies, parameters and guidelines set by the Management

Council.

Job Location: DFED Head Office, Adabar- Dhaka (50% Field Visits)

Job Responsibilities

• Strategic Leadership:
• Provide visionary and strategic leadership to the organization, ensuring alignment with theorganization’s vision, mission and goals.
• Develop and execute the DFED’s strategic plan to achieve growth and profitability.
• Identify new opportunities and drive innovation within the organization.
• Operational management:
• The Executive Head shall be responsible for the day to day management of the DFED andwithout prejudice to the generality of the foregoing provisions. He/ She will be responsible foroverall administration, monitoring, coordination, management and control of funds andresource of the DFED within the policies, parameters and guidelines set by the ManagementCouncil.
• Oversee the day-to-day operations of the organization, ensuring efficiency and effectivenessacross all departments.
• Responsible for personnel management, office administration at Branches, Areas and Zonaloffices.
• Formulation of annual plan for operation of the Branches, Areas and the Zonal level andensuring proper execution.
• Set performance goals and metrics for the team, regularly evaluating and addressingperformance issues
• To prescribe and assign the duties of all employees and staff of the DFED.
• Maintain DFED operational discipline in the field and in the office;
• Determining appointment or removal of all employees at any level, either permanent ortemporary following the service rules approved by the Management Council.
• To supervise and exercise disciplinary control over the work and conduct of all the employeesof the DFED.
• Promote a positive and inclusive work environment that supports employee engagement anddevelopment.
• Financial Oversight:
• Liaison with PKSF, scheduled bank and other financial institutions for ensuring the fund inflowof DFED.
• Develop and manage the organization’s budget, ensuring financial health and sustainability.
• Determine salaries in accordance with the service rules of the organization in consultation withthe Secretary General and subject to approval by Management Council.
• Overall Fund Management at the field level, which includes determining loan portfolio,promotion of products, expansion of borrowers, timely disbursement and recovery,management of overdue, reducing bad loan and other DFED program implementation issues.
• Monitor financial performance, analyze key metrics, and make strategic adjustments asnecessary.
• Report on the organization’s financial and operational performance to the Management Council and Donor’s.
• Business Development:
• To secure the fulfillment of any contract, agreement or engagements entered into by the DFED
• by mortgage or change of all or any of the properties of the DFED from time to time or in suchmanner he/ she may think fit in the interest of the organization provided that these are carriedout within the guidelines/parameters approved by the Management Council.
• Strictly maintain selection criterion of borrowers, examine loan applications, check previousrecords before any loan decision ;
• Develop new DFED products and policy for its operation;
• Build and maintain strong relationships with clients, partners organization & ManagementCouncil;
• Represent the organization in events, conferences, and meetings.
• Other Responsibilities:
• The Executive Head of the DFED will function as ex-officio Secretary of the Management
• Council. He/ She will provide support to the Secretary General in discharging his duties. He/ She
• will prepare and present the annual report, budget and financial reports in the Management
• Council meeting. In the absence of the Secretary General, the CEO shall serve the notice of the
• meetings of the General Council and the Management Council.
• Ensure compliances of the audit (internal and external) within shortest possible time;
• Ensuring daily monitoring on field activities and provide necessary support accordingly;
• Ensure that DFED guidelines are followed properly by all concerns at the field;
• Maintain functional linkage and coordination with other Project/ programs of DFED in the
• Microfinance program areas and extend supports as requested and needed;
• Ensure that periodical reports and submitted on regular basis to partner’s and donor’s;
• Work in close coordination with all Staffs of DFED;
• Ensuring that DFED program achievements are within the bounds of Credit Rating Standards ;
• Any other assignment as entrusted by the Supervisor/Management Council;
• The Chief Executive Officer for all purpose will remain accountable to the Secretary General.

Compensation & Other Benefits

Salary

Grade-15, (Negotiable).

Compensation & Other Benefits

Other facilities will be applicable as per policy.

Workplace

Work at office

Employment Status

Full Time

Job Location

Dhaka

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