Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
103841
Job Views
107

Job Description



Job Description



  • We are seeking a highly skilled and experienced Managing Director with over 10 years of professional experience to join our team.

  • The ideal candidate will be responsible for leading the strategic direction, growth, and overall success of the organization.

  • This role requires exceptional leadership, vision, and a deep understanding of the banking industry, preferable in the MFB sector.


Key Responsibilities



  • Lead the strategic direction of the microfinance bank in compliance with CBN and regulatory guidelines.

  • Oversee financial reporting to regulatory bodies (CBN, FIRS, NDIC) and ensure timely submission of required reports.

  • Maintain strong relationships with regulatory authorities and ensure compliance with all legal, tax, and regulatory obligations.

  • Manage risk, compliance, and internal control strategies to meet all regulatory requirements.

  • Develop growth strategies to expand product offerings and market share, focusing on underbanked populations.

  • Drive financial planning, budgeting, and forecasting to ensure long-term profitability.

  • Engage with CBN for approvals and regulatory support for new products and services.

  • Build relationships with investors, partners, and key stakeholders in the financial services sector.

  • Lead the executive team, developing leadership across departments to drive operational efficiency.

  • Monitor market trends, competitive threats, and business opportunities to inform strategic decisions.

  • Uphold corporate governance and ethical standards within the organization.

  • Drive customer acquisition and retention strategies, enhancing the customer experience.

  • Represent the bank in external forums, industry conferences, and stakeholder meetings.

  • Collaborate with the Board of Directors on performance, strategy, and regulatory compliance.


Qualifications



  • Bachelor's Degree in Business Administration, Finance, or a related field; MBA or advanced degree preferred.

  • Proven track record of executive leadership and success in the fintech industry or microfinance bank, with a minimum of 10 years of relevant experience.

  • Strong strategic thinking, analytical, and problem-solving skills.

  • Excellent communication, negotiation, and relationship-building abilities.

  • Demonstrated ability to drive results, manage change, and inspire teams.

  • In-depth knowledge of fintech trends, technologies, and regulatory landscape.

  • Entrepreneurial mindset with a passion for innovation and disruption.

  • Ability to thrive in a fast-paced, dynamic environment.


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