GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja. In October 2013, it was licensed as a State Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere and Arena.
We are recruiting to fill the position below:
Job Title: Managing Director
Location: Lagos
Employment Type: Full-time
Summary of Job Responsibilities
The MD shall coordinate and manage all strategic and operational activities of the bank as a profit centre and ensures the delivery of reliable, quality, and timely services to customers at the least cost, in a secure and controlled environment while ensuring maximum profitability and compliance with bank policies and procedures.
He/She shall work as a key member of GTI Microfinance Bank Limited (GTI MFB) and oversee the design, enhancement, implementation, reporting, and oversight of products development, sales & marketing, financials, and operational activities of the bank.
Specifically, the MD will:
Take a leadership role in building, implementing, and overseeing all of the Bank’s systems, processes, workflows, and procedures.
Ensure strategic objectives shaped at Executive Management level are translated into tactical business plans with mechanisms for key measurements in place to monitor progress.
To be the chief driver of the strategic planning, budgeting and forecasting of business requirements and decision-making process. Shape and guide the future growth and development of the Bank.
Be responsible for the development and marketing of the digital banking business model of the bank and reporting on its operations, market penetration strategy, profitability, etc.
Develop, refine and implement operations strategy including aspects of product design, digital banking model development, creation of risk assets, customers outreach and management.
Ensure overall quality and efficiency of operations through delivery of outstanding services that is customers focused.
Review performance against balanced scorecard components as prescribed by the Executive Management, discuss gaps and agree on action plans to close gaps.
Benchmark productivity of the department against industry standards and create measures to improve productivity.
Build strong relationships with key stakeholders, including the regulators and Executive Management team to ensure the correct focus.
Monitor the strict adherence to governance and setting high standards of professionalism across all departments of the bank.
Review performance improvement reports to determine effectiveness of interventions.
Drive and deliver on the budget of the management office as an integral part of the global budget.
Qualifications & Experience
Possession of post graduate certification and any of the professional qualificationsuch as ICAN / ACA / MCIBN / CFA / MBA / M.Sc or any other relevant professional bodies.
Not less than 15 years cognate working experience in the Bankingsector, 5 of which must be in a Microfinance Bank as a Managing Director or an equivalent position.
The ideal applicant should also have experience in business strategy development, sales & marketing, product development and leadership skills are strongly required.
Basic Requirements:
Achieve Improvement in Financial Performance through Market Share growth and Operational Efficiency.
Has leadership and management abilities to oversee the bank.
Possesses a passion to help team members and customers.
Able to see the big picture and plan out details.
Detail-oriented, Goal-oriented, task driven.
Strong process and planning orientation
Designs efficient systems, seeks productivity.
Balances team’s needs with goals of practice
Ability to delegate to the right team members.
Application Closing Date
31st March, 2022.
Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.