Managing Director in a Long Established State Microfinance Bank



  2020-12-16
  Prefer not to state

A long-established State Microfinance Bank is recruiting a suitably qualified candidate to fill the vacant position below:

Job Title: Managing Director

Location: Ogun State

Main Responsibilities

  • The Managing Director shall be responsible for giving strategic guidance & direction to the board to ensure that the Company achieves its financial vision; mission & long-term goals.

Qualification / Skills Required

  • 10+ years of senior-level experience of the management of people and resources.
  • A proven record of success in senior-level general or commercial management, preferably in Microfinance Bank or any Financial Industry.
  • A degree in Social Sciences or any other related field. Professional qualification such as FCIB, FCA, FCCA, will be an added advantage.
  • A wide knowledge of the industry.
  • Membership of the Chartered Institute of Bankers
  • 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.
  • Excellent organisational skills.
  • Excellent analytical and problem-solving skills.
  • Must be between 40-45 years

Responsibilities

  • Setting the overall strategic direction of the company alongside the board.
  • Plans and implements the long term business strategy of the organization to achieve the overall objectives.
  • Devising a 5-year plan and working with other board members to oversee its implementation.
  • Working closely with the marketing team on marketing strategy and approach to winning new business.
  • Carrying out regular SWOT analysis to mitigate any potential risks through industry & 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 & 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 & image of the company in the wider community.
  • Setting company budgets and forecasts alongside the finance department.
  • Reporting results to the Board and shareholders on quarterly and annual basis respectively

Deadline: 31st December, 2020.

How to Apply
Interested and qualified candidates should send their Applications to: Engagementservices@yahoo.com specifically marked “MD MFB”.

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