Managing Director at Fadac Resources

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
42835
Job Views
93

Job Description



JOB RESPONSIBILITIES:



  • Setting the overall strategic direction of the company alongside the board.

  • Plans and implements the long-term business strategy of the bank to achieve its overall objectives.

  • Devising a 5-year plan and working with other board members to oversee its implementation.

  • Working closely with the Sales team on sales strategy and approach to winning new business.

  • Carrying out regular business analysis to engage industry and market changes.

  • Setting company-wide KPI’s to gauge company performance in all areas.

  • Prepare a corporate plan and annual business plan and monitor progress against these plans to ensure that the company attains its objectives as cost-effectively and efficiently as possible.

  • Maintaining a dialogue between shareholders and the Board.

  • Develop and maintain an effective marketing and public relations strategy to promote the products, services and image of the bank in the wider community.

  • Setting of budgets and forecasts alongside the finance department.

  • Reporting results to the Board on a quarterly and annual basis.

  • Manage centralized loan processing and account opening functions to ensure efficiency, quality and control.

  • Define and implement new policies and procedures for Banking Services in support of product development / refinement or upon introduction of new technologies and delivery channels.


JOB REQUIREMENTS:



  • B.Sc. in banking and finance or any relevant field.  

  • Minimum of 3 years’ experience in financial services.

  • A proven record of success in senior management level, preferably in the microfinance banking industry.

  • An understanding of financial management and wider management principles and techniques.

  • Analytical and presentational skills.

  • Knowledge of statutory requirements.

  • A very high level of commercial awareness.

  • Leadership skills.

  • Excellent communication skills and organizational skills.

  • Excellent analytical and problem-solving skills.


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