cooperative banks Job Vacancy 2022

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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.

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: Credit Analyst

Education: MA/MBA or BA Degree in Economics, Accounting, Management, and other Business-related fields

Experience: minimum of Six years for BA and Five years for MA/MBA relevant Banking Experience.

  • Duty Station: Adama District Office
  • Registration Place:
    • Adama District Office

2: Operational Risk Management Officer

Educational Background: MA/MSC and above in Economics, Accounting, Finance, Management, Business Management, Business Administration, Applied Economics Modeling and Forecasting and other related fields of study.

Experience: minimum of five years’ experience in financial risk management and related areas.

  • Job Location: Head Office
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

3: Financial Risk Management Officer

Educational Background: MA/MSC and above in Economics, Accounting, Finance, Management, Business Management, Business Administration, Applied Economics Modeling and Forecasting and other related fields of study.

Experience: minimum of five years’ experience in financial risk management and related areas.

  • Job Location: Head Office
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

4: Principal AML/CFT Compliance

Educational Background: MA/MSC and above in Economics, Accounting, Finance, Management, Business Management, Business Administration, Applied Economics Modeling and Forecasting and other related fields of study.

Experience: minimum of seven years’ experience in AML/CFT Compliance and related areas.

  • Job Location: Head Office
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

5: Digital Strategy and Transformation Officer

Qualification: Two years banking experience or related experience with a Master’s degree related to Economics, Strategic management, Project Management, Banking and Finance, Business Leadership, Marketing Management, Information Technology Management (ITM), Information Science and etc.

  • Job Location: Head Office: Digital Strategy and Transformation Sub-process
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

6: Research and Innovation Officer

Qualifications: Master’s Degree specialization in Innovation Management and Entrepreneurship, Economics fields, International Business, Finance, Information Technology Management (ITM), Information Science, and other related fields.

Experience: An experience of two years in banking/Fintech/startups/banking in another financial sector is an asset.

  • Job Location: Head Office: Digital Strategy and Transformation Sub-process
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

7: Learning and Development Officer

Educational Background: BA/BSc in Business Administration, Management, Human Resource Management, or a related field;

Experience: A minimum of three years for BA/BSC holders and two years for MA/MSc holders experience within Human Resources, with a focus on Learning and Development;

  • Job Location: Head Office: Digital Strategy and Transformation Sub-process
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

8: Learning and Development Specialist

Educational Background: BA/BSc in Business Administration, Management, Human Resource Management, or a related field;

Experience: A minimum of five years for BA/BSC holders and three years for MA/MSc holders experience in a learning and development role at a bank/fintech/startup and other financial sectors;

  • Job Location: Head Office: Digital Strategy and Transformation Sub-process
  • Registration Place: Head Office (Bole, Dambel City Center 4th Floor(Kindly use lift no.06))

9: Manager, Learning & Growth

Educational Background: MA/MSc in Human Resource Management, Public Administration, Business Administration, Business Leadership, Management, or a related field;

Experience: A minimum of five years’ previous experience in a learning and development role at a bank/fintech/startups/airline industry and other related sectors;

  • Remuneration: As per the Bank’s salary scale and benefit scheme
  • Terms of employment: Permanent after the probationary period
  • Registration Deadline: November 22, 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.

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