Director, Interest Free Banking

Full Time

Zemen Bank S.C

Job Description

Company Profile

Zemen Bank is one of the fastest growing financial institutions in Ethiopia with major blue-chip clients in its account. The Bank offers customer oriented financial services. We are a fast-moving, fast-growing financial institution seeking highly energetic individuals to join our team. We value high level of customer service excellence, integrity, diligence and teamwork. If you share these values, this is the time to join the bank.

Job Description

This position is responsible for overseeing and ensuring that Interest Free Banking products and services are rendered in line with the policy and procedure of the Bank, customers’ expectation, and market developments, develop and implement overall business activities of Interest Free Banking and designing and redesigning of the Interest Free Banking Division.

Required Technical Competency

●        Develop strategy and work plan for the department in line with the strategic objective of the bank.

●        Ensure proper functionality of financing and strict financing follow-up system.

●        Follow up the activities of the Interest Free Banking department and ensure authorities and responsibilities are properly discharged.

●        Guide and coordinate the operation of Interest Free Banking Services; Interest Free Banking operation; and Interest Free Banking Finance business.

●        Develop and review policies and procedures of Interest Free Banking (IFB) operations.

●        Oversee the operation of the IFB services of all units and branches of the Bank.

●        Develop and spearhead implementation of the business plan of the IFB services.

●        Support branches and district offices in implementing their respective IFB duties.

Job Requirements


·Masters’/MBA/M.Sc. /Bachelor’s/ B.Sc. Degree in Accounting, Finance, Management, Economics, Business Administration, or related fields

·At least 6/8 years relevant experience with 3 years as division Manager or equivalent

How to Apply

Interested applicants who meet the above requirements can submit their application letter and updated CV and credentials in PDF format by clearly stating the position that you are applying for through This Link.

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Interested applicants can apply before the closing date of the application. For more information please read the full article

Deadline: Nov 13, 2023

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