Job Description
Job Summary
- Our client is seeking a dynamic and results-driven Managing Director - MD to lead and drive business growth, enhance profitability, and ensure compliance with regulatory requirements.
- The MD will be responsible for strategic leadership, revenue growth, financial management, and operational efficiency while fostering strong relationships with regulators, investors, and key stakeholders.
Key Responsibilities
Strategic Leadership & Business Growth:
- Develop and execute business strategies to increase income and market share.
- Lead expansion initiatives, including new products, digital banking solutions, and Fin-tech integration.
- Identify strategic partnerships and investment opportunities.
- Oversee financial planning, budgeting, and risk management.
Revenue Growth & Profitability:
- Drive customer acquisition, lending, and deposit mobilization strategies.
- Optimize loan portfolio management and risk assessment to ensure profitability.
- Expand revenue streams through innovative financial products.
Regulatory & Compliance Oversight:
- Ensure full compliance with CBN, NIBSS, NDICand all other regulatory requirements.
- Implement risk management frameworks and internal control measures.
- Maintain strong relationships with regulators and industry stakeholders.
Operational Excellence & Technology Advancement:
- Improve efficiency in banking operations and service delivery.
- Drive digital transformation by integrating FinTech solutions.
- Lead the adoption of innovative banking technologies to enhance customer experience.
Key Qualifications & Experience
- Bachelor’s Degree in Finance, Banking, Business Administration, or related field. MBA or relevant Master’s degree preferred.
- Minimum of 8 years of experience in the banking/financial sector, with at least 5 years in executive leadership.
- Strong knowledge of micro-finance banking and regulatory compliance.
- Proven track record of increasing revenue and improving financial performance.
- Excellent leadership, negotiation, and strategic planning skills.
- Strong relationships within the banking industry, regulatory bodies, and investment sector.
- MCIB certification is non-negotiable.