Managing Director

Location: Abuja FCT

Company Overview: Our client is a prominent and innovative microfinance service provider, committed to seamless financial solutions and empowering customers through responsible solutions, innovation, and leadership.

Job Objective: The role of the Managing Director is to facilitate the strategic direction of the bank and support the Board’s oversight responsibility, to ensure the achievement of the Bank’s vision, mission, and overall strategic and operational goals, while complying with all relevant regulations.

Essential Job Duties & Responsibilities
 Provide strategic direction and leadership for the achievement of the Banks’ profitability and growth targets as approved by the Board and consistently meet Key Performance Indicators.
 Maintain awareness of the competitive market landscape, expansion opportunities and industry developments.
 Prepare and lead the execution of the Banks’ corporate, business and functional strategy, and monitor progress against these plans to ensure that the Bank achieves its objectives as cost effectively and efficiently as possible.
 Develop and implement initiatives/interventions as required to increase revenue and/or reduce operating costs.
 Ensure consistent quarterly and annual reporting of financial and non-financial performance to Banking system regulators and shareholders.
 Review performance reports on both financial and non-financial indicators (performance against plan) and determine required actions for any performance deviations.
 Ensure that appropriate processes and procedures are in place for delivering the Bank’s mandate.
 Maintain effective relationship with top-level officers of relevant regulatory agencies and other major stakeholders.
 Ensure that the Bank complies with all regulatory requirements and behaves in a socially responsible manner.
 Perform any other duty assigned by the Board.

Job Requirements
 MBA, or any related professional certification. Member of relevant professional body/affiliations such as CIBN (ACIB, MCIB), ICAN (ACA), ACCA, etc.
 Bachelor’s degree in any social sciences or related field
 Proven microfinance experience and prior C-suite experience is required.
 Minimum of 12-15 years senior management experience within the financial services industry.
 Effective communication and interpersonal skills, with the ability to engage and influence stakeholders.
 Strong understanding of the banking industry, particularly microfinance banking services, regulations, and professional standards.
 Demonstrated ability to drive strategic initiatives and lead organizational change.
 High level of integrity, professionalism, and ethical conduct.
 Excellent organizational, managerial, and decision-making skills.
 Not more than 45 years old