Job Description
- Application Deadline: Sat, 25 Jan 2025 00:00:00 GMT
- Position: Head of Corporate and Commercial Banking
- Job Type Full Time
- Qualification BA/BSc/HND , MBA/MSc/MA
- Experience 10 - 11 years
- Location Lagos
- Job Field Banking 
REF NO: BNK-CORP/COMM25
Position Overview:
The Head of Corporate and Commercial Banking will be responsible for leading the strategic direction, growth, and operational performance of the corporate and commercial banking division. This role involves driving profitability, managing key client relationships, and ensuring compliance with regulatory standards while fostering innovation and excellence in service delivery. This position will require strong leadership, market knowledge, and a results-oriented approach to expand the bank's portfolio and enhance its market position.
Key Responsibilities:
Strategic Leadership:
- Develop and implement the division's strategic plans aligned with the bank's overall vision and goals.
- Identify growth opportunities within corporate and commercial banking sectors, including new markets, products, and clients segments.
Business Development:
- Build and manage a high-value portfolio of corporate and commercial clients.
- Establish and maintain strong relationships with key clients, partners, and stakeholders to drive revenue growth.
- Monitor market trends to identify risks and opportunities, ensuring a competitive edge.
Team Leadership and Development:
- Lead, mentor, and motivate a team of banking professionals to achieve targets and deliver exceptional client service.
- Foster a culture of accountability, innovation, and collaboration within the team.
- Identify training needs and implement development programs to enhance team capabilities.
Financial Performance:
- Set financial and operational targets for the division and ensure their achievement.
- Monitor and analyze key performance metrics to drive continuous improvement.
- Optimize cost structures and ensure profitability across products and services.
Risk Management and Compliance:
- Ensure adherence to internal policies, industry regulations, and risk management frameworks.
- Oversee the assessment and mitigation of credit, market, and operational risks.
- Promote ethical practices and ensure robust compliance processes.
Product and Service Innovation:
- Collaborate with product development teams to design and implement innovative banking solutions.
- Enhance digital transformation efforts to improve client experience and operational efficiency.
Qualifications and Skills:
- Bachelor’s degree in Business, Finance, Economics, or a related field (MBA or relevant certifications preferred).
- 10+ years of experience in corporate and commercial banking, with at least 5 years in a leadership role.
- Proven track record in managing large teams and achieving financial goals.
- Strong understanding of banking products, services, and regulatory requirements.
- Excellent interpersonal, negotiation, and communication skills.
- Strategic thinker with the ability to manage complex challenges and drive innovation.
Key Competencies:
- Leadership and People Management
- Strategic Planning and Execution
- Client Relationship Management
- Financial Acumen
- Risk Assessment and Compliance