General Manager, Microfinance Start Up
Microplace, an eBay Company (San Jose, California)
Posted:
September 2, 2008
Address:
San Jose, CA
San Jose, CA 95131
Type:
Description:
Job Description – General Manager / GM, Microplace
MicroPlace’s mission is to alleviate global poverty by enabling every day people to make investments in the world’s working poor. MicroPlace accomplishes this mission by maintaining a web-based marketplace to connect retail investors (everyday people looking to invest as little as $100) with microfinance organizations that need capital. At www.microplace.com, investors can learn about microfinance, search for investment opportunities and make investments.
Microfinance is the provision of financial services to the world's working poor, primarily in developing countries. Microcredit, the most well known product within microfinance, is the extension of small loans to people too poor to qualify for traditional bank loans. In contrast to handouts, these small loans (typically between $50 and $1,000) enable the working poor to lift themselves out of poverty through their own hard work and entrepreneurial spirit. This approach has become a worldwide phenomenon and is widely recognized as a proven, market-driven solution to global poverty. The idea that the working poor can lift themselves out of poverty with dignity appeals to people of all political, social and economic backgrounds.
MicroPlace is a wholly-owned subsidiary of eBay, Inc.
Responsibilities
As General Manager, you are responsible for the overall management of the business. Your efforts will help MicroPlace get off the ground successfully and ensure continued healthy growth. You will also manage the relationship with eBay Inc. and ensure that MicroPlace appropriately contributes to the Global Citizenship Group.
Specifically, you will:
Set the strategic vision
Set proforma performance goals
Lead development and implementation of execution plans to achieve the strategic vision
Drive growth of the business, specifically customer acquisition
Provide leadership and day to day management of the team
Nurture the careers of the team members
Liaise with eBay Inc. and eBay Global Citizenship
Collaborate with other Global Citizenship Teams
Act as an internal and external spokesperson for MicroPlace
Make eBay proud by reflecting positively on the eBay Brand
Qualifications
Successful applicants will be flexible, with both the strategic leadership of a seasoned business executive and the desire to roll up your sleeves in the start-up stage of development. Specifically:
12+ years business experience required
3+ years general management or P/L experience, preferably in an entrepreneurial environment, required
Consumer marketing expertise, preferably internet consumer marketing expertise (in online promotion, social networking, etc), required
Financial services experience preferred; specific knowledge of microfinance a plus
Passion for alleviating global poverty
Entrepreneurial drive; enjoys intellectual challenge and fast pace
BA/BS degree required; MBA preferred
• Must have or be willing to take exams to obtain Series 7, 24 and 63 licenses
MicroPlace’s mission is to alleviate global poverty by enabling every day people to make investments in the world’s working poor. MicroPlace accomplishes this mission by maintaining a web-based marketplace to connect retail investors (everyday people looking to invest as little as $100) with microfinance organizations that need capital. At www.microplace.com, investors can learn about microfinance, search for investment opportunities and make investments.
Microfinance is the provision of financial services to the world's working poor, primarily in developing countries. Microcredit, the most well known product within microfinance, is the extension of small loans to people too poor to qualify for traditional bank loans. In contrast to handouts, these small loans (typically between $50 and $1,000) enable the working poor to lift themselves out of poverty through their own hard work and entrepreneurial spirit. This approach has become a worldwide phenomenon and is widely recognized as a proven, market-driven solution to global poverty. The idea that the working poor can lift themselves out of poverty with dignity appeals to people of all political, social and economic backgrounds.
MicroPlace is a wholly-owned subsidiary of eBay, Inc.
Responsibilities
As General Manager, you are responsible for the overall management of the business. Your efforts will help MicroPlace get off the ground successfully and ensure continued healthy growth. You will also manage the relationship with eBay Inc. and ensure that MicroPlace appropriately contributes to the Global Citizenship Group.
Specifically, you will:
Set the strategic vision
Set proforma performance goals
Lead development and implementation of execution plans to achieve the strategic vision
Drive growth of the business, specifically customer acquisition
Provide leadership and day to day management of the team
Nurture the careers of the team members
Liaise with eBay Inc. and eBay Global Citizenship
Collaborate with other Global Citizenship Teams
Act as an internal and external spokesperson for MicroPlace
Make eBay proud by reflecting positively on the eBay Brand
Qualifications
Successful applicants will be flexible, with both the strategic leadership of a seasoned business executive and the desire to roll up your sleeves in the start-up stage of development. Specifically:
12+ years business experience required
3+ years general management or P/L experience, preferably in an entrepreneurial environment, required
Consumer marketing expertise, preferably internet consumer marketing expertise (in online promotion, social networking, etc), required
Financial services experience preferred; specific knowledge of microfinance a plus
Passion for alleviating global poverty
Entrepreneurial drive; enjoys intellectual challenge and fast pace
BA/BS degree required; MBA preferred
• Must have or be willing to take exams to obtain Series 7, 24 and 63 licenses
