Chief Executive Officers at a Newly Licensed Microfinance Bank - Bradfield Consulting Limited

Bradfield Consulting Limited - Our client, a newly licensed Microfinance bank based in Lagos, is looking to recruit a Chief Executive Officer [CEO] to drive the vision of the institution. The Microfinance Bank will provide financial services to low-income entrepreneurs, so they can create jobs, build assets and improve their standard of living and reduce poverty.

We are recruiting to fill the position of:

Job Title: Chief Executive Officer

Location: Lagos

Job Descriptions

• The CEO will be responsible for working closely with the Board of Directors and other partner organizations in establishing a poverty-focused, microcredit program.

Responsibilities
Administrative:

• Developing program rules, procedures, policies, and operating systems
• Hiring, training, promoting and developing of staff
• Managing the operating capital and on-lending funds
• Ensuring that account books and financial statement reports are submitted and up-to-date
• Developing yearly expansion plans and targets with respect to outreach, loan disbursements, staffing requirements and financial viability
• Making institutional arrangements regarding the safe placement of client savings

Supervisory:

• Supervising, monitoring and evaluating program activities, staff performance, loan and savings performance, and budgets
• Monitoring branch budgets and progress against targets
• Conducting regular audits of books of accounts
• Supervising the work of Branch Managers and field staff in group and Center formation, weekly meetings, loan approval and disbursements, loan utilization and effective implementation of poverty targeting methodology

Development:

• Organizing training to upgrade the knowledge and skills of the Branch Managers, and office and field staff in running a poverty-focused microcredit program
• Organizing appropriate types of workshops and meetings for staff and client development
• Developing core values for staff and clients to motivate them in their work

External Environment:

• Fostering collaboration with other microcredit programs and NGOs, commercial banks, government agencies and donors to promote the work of the program
• Promoting harmonious relationship with the program communities and society at large, to ensure support for program implementation and expansion

Skills and Competencies
The prospect must demonstrate:

• Leadership and effective supervision skills
• Decision-making skills
• Analytical and problem-solving skills
• Effective verbal, listening and communication skills.
• Stress management skills
• Strong People management skills
• Excellent IT skills

Education and Experience

• A minimum of first degree in Finance, Management, or Economics
• Minimum of eight (8) years post-qualification experience out of which, at least, five (5) must be in the financial services industry and at least, three (3) at the senior management level.
• Evidence that the candidate possesses proven skills and competencies in practical microfinance banking and has undergone the Microfinance Certification Programme and obtained a Certificate in Microfinance Banking issued by the Chartered Institute of Bankers of Nigeria (CIBN)
• Ideally has at least five years’ experience with a poverty-focused microcredit or related program in a developing country context
• Highly motivated, with a strong commitment to working with the poor, especially women
• Knowledge and understanding of microcredit as a strategy for poverty reduction and alleviation
• Start-up or expansion experience in the financial sector (microfinance or banking) highly desirable, demonstrated business acumen in a highly dynamic environment essential.
• Proven experience preferably within banking or microfinance environment in at least four of the following areas, banking operations, lending and credit administration, savings mobilization, marketing/ business development.
• Strong computer literacy, particularly in MS-Office Suite (Word, Excel, Visio, PowerPoint), experienced with Core Banking Systems

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online