Managing Director at First Excelsia

Job Overview

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

Additional Details

Job ID
117635
Job Views
92

Job Description






Job Description




  • We seeking to hire a highly strategic and dedicated Managing director to join its dynamic team and contribute to its commitment to excellence.

  • The Managing Director will oversee all aspects of business operations, people management, products, and resource optimization.

  • The ideal candidate will be a strategic leader capable of driving the organisation towards sustainable growth and profitability while effectively advancing its vision, mission, and strategic goals.



Responsibilities




  • Driving business development and ensure the achievement of profitability goals as approved by the Board.

  • Overseeing loan portfolio performance, ensuring non-performing loans are within acceptable limits.

  • Mobilizing deposits to ensure liquidity and drive staff efforts in deposit generation.

  • Overseeing the implementation of a robust risk management framework.

  • Optimizing funding utilization while considering associated risks.

  • Monitoring employee performance relative to set targets and provide guidance for improvement where necessary.

  • Ensuring compliance with Central Bank of Nigeria (CBN) regulations, maintaining all standard ratios and acceptable PAR thresholds.

  • Reviewing financial systems and recommend improvements to enhance performance.

  • Developing long-term financial sustainability plans and monitor budget performance against actual outcomes.

  • Drafting and executing a strategic plan in collaboration with senior management.

  • Leading daily operations and align activities with organizational goals and Board policies.

  • Managing employee performance and foster a positive organizational culture.

  • Presenting comprehensive quarterly reports to the Board of Directors, covering all business and product aspects.

  • Serving as the key point of contact for Board-level and external stakeholders.



Requirements




  • Bachelor’s degree in Business Administration, Management or a related field.

  • Minimum of 8 years’ experience in the Commercial banking and Microfinance Sector.

  • Proven experience as a Managing Director.

  • Relevant Master’s degree or Professional qualification will be an added advantage.

  • Experience in developing and implementing strategic and business plans.

  • Exceptional leadership, strategic thinking, and interpersonal skills.

  • Strong proficiency in Microsoft Office Suite.



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