Managing Director at Transkredit Finance Company

Job Overview

Location
Lagos, FCT
Job Type
Full Time
Date Posted
4 months ago

Additional Details

Job ID
137606
Job Views
53

Job Description






Job Summary




  • As the Managing Director, you are responsible for upholding successful company operations by implementing business strategies and fostering business relationships.

  • You will work to improve the organization’s market position and achieve financial growth. You are expected to define long-term organizational strategic goals, build key customer relationships, identify business opportunities, negotiate and close business deals and maintain extensive knowledge of current market conditions.

  • This critical role requires a visionary leader who can navigate complex financial landscapes, build strong client relationships, and drive organizational success.



Key Responsibilities

Strategic Leadership:




  • Develop and implement comprehensive long-term strategic plans that align with the organization's mission and market opportunities

  • Define and communicate the organization's strategic vision to the executive team, board of directors, and key stakeholders

  • Lead the development of annual business plans, financial targets, and performance metrics

  • Identify and capitalize on new business opportunities and strategic partnerships

  • Determine strategy to minimize risks or maximize returns on assets under management.

  • Drive the optimization of shareholder value whilst balancing all other competitive stakeholder needs.

  • Liaise and maintain relationship with CBN and other regulatory authorities on behalf of the organization.



Financial Performance and Growth:




  • Oversee the financial performance of the entire organization, including revenue generation, profitability, and capital allocation

  • Set and manage ambitious financial targets across all business units

  • Develop and maintain robust financial strategies to optimize revenue streams and manage risk

  • Ensure compliance with financial regulations, reporting standards, and corporate governance requirements

  • Drive continuous improvement in financial processes, operational efficiency, and cost management



Client and Stakeholder Relations:




  • Build and maintain high-level relationships with key clients, investors, regulators, and strategic partners

  • Represent the organization at industry conferences, events, and networking platforms

  • Cultivate a client-centric approach that emphasizes exceptional service and long-term value creation

  • Act as the primary external spokesperson for the organization



Team Leadership and Organizational Development:




  • Recruit, develop, and retain top-tier talent across all levels of the organization

  • Foster a culture of innovation, accountability, and continuous learning

  • Provide mentorship and professional development opportunities for staff

  • Implement effective performance management and succession planning strategies



Risk Management and Compliance:




  • Establish and maintain robust risk management frameworks

  • Ensure strict adherence to regulatory requirements and industry best practices

  • Develop and implement comprehensive risk mitigation strategies

  • Oversee internal audit processes and maintain transparency in financial reporting



Technology and Innovation:




  • Champion digital transformation initiatives within the organization

  • Drive the adoption of cutting-edge financial technologies and innovative solutions

  • Ensure the organization remains competitive through technological advancement

  • Support research and development of new financial products and services



Requirements and Skills




  • Interested candidates should possess a Bachelor's or Master's Degree with 15-25 years experience.

  • A proven track record of working in Fintech business (Payment processing, Money Movement, online banking, etc.) in a leadership role

  • Lead and execute on business objectives, rather than follow the competition

  • Subject matter expert with a strong background in market definition with deep expertise across strategy, product, pricing, marketing and technology

  • Strong commercial acumen maintaining a keen focus on revenues, growth and profitability, combining strategic and analytical capabilities with a results-focused approach

  • Demonstrated success building a risk-based business (both strategy and execution)

  • Strong executive presence and relationship management skills

  • Creates a sense of purpose for the future; vividly describes the vision and provides direction for how to get there

  • Drive clarity and inspiration in direction and goals

  • Foster a learning culture; motivates others to challenge themselves and take ownership; provides safety for trial and error

  • Technical and Financial Savvy

  • Experience with analytics, data, databases, predictive modelling, or business intelligence preferred

  • Strong understanding of corporate finance and measures of performance

  • Familiarity with corporate law and management best practices

  • Excellent organisational and leadership skills

  • Excellent communication, interpersonal and presentation skills

  • Outstanding analytical and problem-solving abilities.



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