Managing Director at a Microfinance Bank
A Microfinance Bank
Lagos
14h ago
source : BetaJob

Job Details

Job Title : Managing Director

Main Responsibility

  • The Managing Director shall be responsible for giving strategic guidance and direction to the board to ensure that the Company achieves its financial vision, mission and long term goals.
  • 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 Sales team on sales strategy and approach to winning new business.
  • Carrying out regular SWOT analysis to mitigate any potential risks through 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 company in the wider community.
  • Setting company budgets and forecasts alongside the finance department.
  • Reporting results to the shareholders on a quarterly and annual basis.
  • Qualifications / Skills Required

  • 15+ years of senior level experience of management of people and resources.
  • A proven record of success in senior level general or commercial management, preferably in a financial industry.
  • A degree in Social Sciences or any other related field. Professional qualification will be an added advantage.
  • A wide knowledge of the industry.
  • Membership of the Chartered Institute of Bankers Nigeria.
  • 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 in age.
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