Managing Director at a Microfinance Bank - Edgewood Consulting Limited

Edgewood Consulting Limited - Our client, a Microfinance Bank, is recruiting to fill the position below:

Job Title: Managing Director

Location: Okitipupa, Ondo
Employment Type: Full-time

Job Summary

• Our client is seeking a dynamic and results-driven Managing Director - MD to lead and drive business growth, enhance profitability, and ensure compliance with regulatory requirements.
• The MD will be responsible for strategic leadership, revenue growth, financial management, and operational efficiency while fostering strong relationships with regulators, investors, and key stakeholders.

Key Responsibilities
Strategic Leadership & Business Growth:

• Develop and execute business strategies to increase income and market share.
• Lead expansion initiatives, including new products, digital banking solutions, and Fin-techintegration.
• Identify strategic partnerships and investment opportunities.
• Oversee financial planning, budgeting, and risk management.

Revenue Growth & Profitability:

• Drive customer acquisition, lending, and deposit mobilization strategies.
• Optimize loan portfolio management and risk assessment to ensure profitability.
• Expand revenue streams through innovative financial products.

Regulatory & Compliance Oversight:

• Ensure full compliance with CBN, NIBSS, NDICand all other regulatory requirements.
• Implement risk management frameworks and internal control measures.
• Maintain strong relationships with regulators and industry stakeholders.

Operational Excellence & Technology Advancement:

• Improve efficiency in banking operations and service delivery.
• Drive digital transformation by integrating FinTech solutions.
• Lead the adoption of innovative banking technologies to enhance customer experience.

Key Qualifications & Experience

• Bachelor’s Degree in Finance, Banking, Business Administration, or related field. MBA or relevant Master’s degree preferred.
• Minimum of 8 years experience in the banking/financial sector, with at least 5 years in executive leadership.
• Strong knowledge of Micro-financebankingand regulatory compliance.
• Proven track record of increasing revenue and improving financial performance.
• Excellent leadership, negotiation, and strategic planning skills.
• Strong relationships within the banking industry, regulatory bodies, and investment sector.
• MCIB certification is non-negotiable.

Application Closing Date
30th March, 2025.