Senior Strategy Analyst at Wema Bank Plc

Job Overview

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

Additional Details

Job ID
54230
Job Views
112

Job Description



Job Objective:


To ensure that the bank’s strategy aligns with the set goals and objectives.


Key Job Responsibilities



  • Collaborate with the Head of Strategy to formulate and refine the company's overall strategic vision, goals, and objectives. Contribute to the creation of long-term plans and initiatives to position the organization for sustainable growth.

  • Conduct comprehensive market research and competitor analysis to identify emerging trends, opportunities, and potential risks. Provide strategic insights to support decision-making processes.

  • Oversee the tracking and evaluation of key performance indicators (KPIs) and strategic goals. Continuously analyze data to assess the effectiveness of implemented strategies and recommend adjustments as needed.

  • Develop weekly performance tracker for all branches and SBU's; Mid-month reports, weekly income reports, etc.

  • Provide advisory service to line management and supervisors with respect to executing on their targets

  • Lead and manage strategic projects, ensuring successful execution within established timelines and budgets. Collaborate with cross-functional teams to drive project outcomes and ensure alignment with strategic objectives

  • Develop and present oral and written reports, presentations, and informal feedback to line management and supervisors on relevant issues.

  • Advise line managers on performance, evaluation process and the need to link performance management skill to aid improvement throughout the organization.

  • Provides internal advice and support to all levels of the organization on the quality of economic analysis, methodologies, and frameworks on Key issues.

  • Conducts analyses of policy proposals with macroeconomic implications

  • Monitors and interprets current economic developments and domestic fiscal and monetary policy

  • Analyzes economic conditions and policy initiatives of major trading partners

  • Make projections of the economic outlook; and analyses major economic policy developments

  • Ensures best practice in economic development research methods and technologies to develop all products and services

  • Conduct economic analysis relevant to operational and policy issues in the organization

  • Supervise and mentor strategy department team members. Encourage professional growth, foster a collaborative work environment, and ensure efficient resource allocation.

  • Build and maintain strong relationships with internal and external stakeholders. Effectively communicate strategic plans and initiatives to gain support and alignment.

  • Identify potential risks and challenges related to strategic initiatives. Develop contingency plans and risk mitigation strategies to ensure successful outcomes.

  • Drive a culture of innovation and continuous improvement within the strategy department. Encourage creative thinking and the development of cutting-edge strategies.


Skill requirements



  • Strong leadership and team management skills, with a track record of guiding and developing high-performing teams

  • Exceptional analytical and problem-solving abilities, with a keen eye for detail and the ability to translate data into actionable insights.

  • Excellent communication and presentation skills, capable of conveying complex ideas to diverse audiences.

  • Proven project management expertise, including the ability to handle multiple projects simultaneously.

  • Strong business acumen and a deep understanding of industry dynamics and market trends

  • Strong statistics and econometric background


Minimum Education/ Qualification:



  • First Degree from any reputable University


Skills/Competence Requirements:



  • Knowledge of the bank’s products.

  • A sharp eye for detail excellent attention to details

  • Exhibit a high level of initiative.

  • Assertiveness

  • Strong people skills

  • Creativity

  • Data processing/collation skills.

  • Manages work effectively.

  • Data Analytics and Intelligence skills

  • Presentation /communication skills.

  • Strategic thinker.

  • Training and facilitation skills

  • Strong Leadership and influencing ability.

  • Interpersonal skills.


Work Experience:



  • At least 5 - 8 years cognate experience


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