Business Incubator and Loan Manager will report to the Chief of Party (COP) and coordinate her/his activities with the SENTRU Director, Deputy Director, Skills Development Specialist, and Finance Manager.
This position is managing SENTRU WYCF business incubation and loan program activities. For examples, Business Incubation Program requires the person to accompanies entrepreneurs through all the stages of their development and the Loan Program requires the person to overseeing the financial system and the lending process and ensuring that all loans are approved and funded in a timely manner.
Primary Duties and Responsibilities:
Business Incubation Program
- Helping entrepreneurs refine their ideas and create business plans and development strategies.
- Conduct research to identify funding and sources of support for entrepreneurs.
- Develop tools and systems to support entrepreneurs at every stage of their development.
- Help entrepreneurs find potential partners and customers.
- Facilitate and manage communication between entrepreneurs and their business partners.
- Supporting the training and education of entrepreneurs.
- Identify and exploit partnership and growth opportunities for businesses.
- Evaluate and implement new concepts and technologies to accelerate business development.
- Analyzing data and trends to improve business performance.
- Monitoring and supporting companies throughout their development cycle.
Loan Program
- Review loan applications and assess creditworthiness
- Communicate with customers to gather additional information and documentation
- Maintain accurate records of all loan applications and approvals
- Provide guidance and support to customers throughout the loan process
- Meet regularly with management to discuss loan performance and identify areas for improvement
- Work collaboratively with other departments to ensure high-quality loan servicing and customer support
- Stay up to date on industry regulations and trends in order to provide the best possible service to customers
Key Competencies Required:
- Bachelor or Master degree in relevant discipline (business, administration, finance, etc.)
- At least 5 years of experience working related to the field of ICT, food processing, tourism, light industry or other relevant industry.
- Demonstrated skills and understanding of the private sector development, investment facilitation and access to finance.
- Experience with women’s and youth programs.
- Ability to work under pressure and meet hard deadlines.
- Experience managing several activities at a time.
- Experience working with multidisciplinary teams with a focus on social inclusion.
- Experience reporting to multiple lines.
- Creativity, agility and team spirit.
- Excellent communication skills.
- Fluent in verbal and written English, Tetum and Indonesia.
Professional Expertise/Competencies Preferred:
- Accountability
- Adaptability and Flexibility
- Commitment and Motivation
- Commitment to Continuous Learning
- Communication, Ethics and Values
- Integrity, Planning and Organizing
- Professionalism
- Respect for Diversity
- Self-Management
- Technological Awareness
- Working in Teams.
- Knowledge of USAID policies, procedures, and reporting requirements preferred.