Cooperative Bank of Oromia Vacancy New 2022 - sholajobs.com

Cooperative Bank of Oromia Vacancy New 2022 - sholajobs.com

 The history of cooperative banks has been traced back to the financial exclusion faced by many communities in the 19th century. With the industrial revolution, the emerging financial services sector was primarily focused on wealthy individuals and large enterprises in urban areas. The rural population, particularly farmers, small businesses, and the communities they supported, were excluded from financial services. Thus, cooperative banks were originally set up to correct this market failure and to overcome the associated problems of asymmetric information in favor of borrowers.

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In respect of Ethiopia, the country has a very low financial service coverage as mainstream financial institutions are heavily tilted towards the urban centers with good physical infrastructure, leaving the rural areas underserved. Traditionally, ‘Equbs’ and ‘Idirs’ are informal institutions that are deeply ingrained in the life of communities and have also been serving financial needs of the rural society to some extent. Reluctance and low capacity of the formal financial institutions in the country to serve rural community, a demand-supply gap prevailed in financial market especially in rural areas, coupled with farmers’ awareness to be organized into cooperatives and the increasing need to finance cooperatives called for establishment of a cooperative bank. Furthermore, finance appeared to be the critical bottleneck to sustain the cooperative institutions and ultimately the farmers. It was all these glitches that initiated the inception and establishment of Cooperative Bank of Oromia.

1: Customer Support Officer /Customer Advisory Officer

Education: BA degree in Accounting /Management/Business Administration or any other related fields of study.

Experience: Minimum three years of relevant banking or other customer service affiliated industries experience in customer contact operations/Customer Advisory Service.

Duty Station: Head Office (Customer Experience Sub-Process)

2: Associate IFB Research and Development Officer

Education: BA Degree in Economics, Management, and other Business-related fields.

Experience: minimum of one year relevant experience.

Duty Station: Head Office

3: IFB Communication Officer

Education: BA Degree in Economics, Accounting, Management, and other Business-related fields

Experience: minimum of three years relevant experience.

Duty Station: Head Office

4: IFB Communication Expert

Education: BA Degree in Economics, Accounting, Management, and other Business-related fields

Experience: minimum of five years relevant experience.

Duty Station: Head Office

5: Manager, IFB Strategy and Business Development Team

Education: Masters/BA Degree in Economics, Management, and other Business-related fields.

Experience: minimum of seven years relevant experience.

  • Language: Proven proficiency of Listening, Speaking and Writing Afan Oromo, Amharic and English Languages are Mandatory.
  • Remuneration: As per the Bank’s salary scale and benefit scheme
  • Terms of employment: Permanent after probationary period
  • Deadline: September 17, 2022

How to Apply?

Interested applicants who fulfill the above criteria can submit their copies of non-returnable CV with the application letter and copy of credentials; including copy of grade 8 ministry certificate and other supportive documents. Applicants should appear in person with original documents within five consecutive working days from the date of announcement.

Registration Place: Head Office, Human Capital Business Partner Sub-Process (Located at Finfinne City, Kirkos Sub City, Dambel City Center 4th Floor (Kindly use lift no.06)).

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