Managing Director at First Excelsia

Job Overview

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

Additional Details

Job ID
82433
Job Views
157

Job Description



Job Responsibilities



  • Drive business development initiatives and maximize profitability within the approved yearly budget.

  • Mobilize deposits to ensure organizational liquidity.

  • Oversee risk management structure and ensure comprehensive framework implementation.

  • Review funding position to optimize fund utilization considering associated risks.

  • Drive organization's loan business to meet acceptable CBN PAR threshold and ratios.

  • Manage legal matters and mitigate legal risks through oversight and coordination.

  • Review financial system, reports, and performance to provide improvement recommendations.

  • Develop long-term financial plan and budget for organizational sustainability.

  • Collaborate with Senior Management and Heads of Departments to execute strategic plan.

  • Lead day-to-day operations aligned with established goals and policies.

  • Review and develop organizational structures to enhance employee performance and growth.

  • Present comprehensive quarterly reports to the Board covering all business aspects.

  • Fulfill other duties assigned by the Board of Directors.


Person Specification



  • Minimum of a Bachelor’s Degree, alongside a master's degree in financial discipline.

  • Minimum of 15 years’ related experience in the Commercial banking and Microfinance Sector, with at least 5 years in a Managerial Position

  • Professional certification from renowned institutions will be an added advantage.

  • Ability to use Microsoft Office Packages such as Microsoft Word, Excel, and PowerPoint.

  • Experience in developing and implementing strategic and business plans is required.


Required Skillset



  • Strong accounting and financial knowledge.

  • Exceptional people management skills.

  • Expertise in business strategy formulation and execution.

  • Ability to allocate resources effectively and manage costs.

  • Track record of driving income growth.

  • Leadership skills to inspire and motivate teams.

  • Excellent communication, negotiation, and presentation skills.


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