FairMoney is the leading digital lending platform in Nigeria. In 2020, we disbursed 40% more than the next competitor. We have continued to scale quickly and prudently culminating in our closing of our $42 million Series B Equity round.Due to our growth, we are scaling our Capital Markets team to further drive an ambitious local currency debt fundraising program. You will be joining an innovative and ambitious team that recently closed a Fintech Private Note with leading investment banks acting as Arrangers to the offer. We have plans to continue to offer debt investors a range of innovative solutions to enable them to provide FairMoney, a fast-growing yet prudent fintech with debt funds. This is where you come in.
We are recruiting to fill the position below:
Job Title: Regional Director - Remittance (B2B and FX Sales)
Location: Nigeria (Remote)
Role Overview
We are seeking a highly strategic and commercially driven leader to spearhead the growth of our B2B remittance and FX trading portfolio across Africa, with a particular focus on West African markets.
This role requires a blend of business development expertise, FX market understanding, and strong partner negotiation skills to deliver market-leading growth and competitive advantage.
Key Responsibilities
Portfolio Growth & FX Panels:
Drive portfolio onboarding growth to create and expand FX panels for trading, as well as remittance pay-in and pay-out channels.
Develop innovative onboarding models to attract high-value partners and clients into the FX and remittance ecosystem.
Strategic Business Planning:
Design and implement an overarching business strategy that leverages the global FX strategy as a mechanism for sustainable growth.
Align regional strategies with global objectives to maximize market penetration and profitability.
Market Expansion:
Lead the launch and expansion of B2B remittances across strategically prioritized markets in West Africa.
Build and execute MNO vs local aggregator strategies to drive market share and accelerate adoption.
Collaboration & Alignment:
Work closely with the FX Trading Team to coordinate market launches, expansion activities, and pricing strategies.
Collaborate cross-functionally to ensure operational readiness, compliance, and partner onboarding efficiency.
Business Development & Integration Management:
Manage and prioritize business development integrations that directly contribute to B2B remittance and FX trading growth.
Ensure alignment of integration roadmaps with resource, skillset, and capital constraints.
Commercial Negotiations:
Renegotiate commercial terms on existing contracts to optimize costs and improve partner margins.
Structure deals for B2B and C2C remittance payouts, marketing investments, and working capital/funding arrangements.
Competitive Positioning & Market Share Growth:
Develop and execute strategies to achieve targeted market share gains versus competitors.
Identify and capture opportunities in underserved or high-potential corridors.
Pipeline Development:
Build and maintain a robust growth pipeline that aligns with company capabilities and strategic priorities.
Continuously evaluate and prioritise market opportunities based on ROI, competitive landscape, and scalability potential.
Requirements
Proven experience in cross-border payments or B2B remittance markets.
A minimum of a Bachelor's Degree in any related discipline.
Strong understanding of African financial ecosystems, particularly West African markets.
Track record in strategic business development and delivering revenue growth.
Exceptional commercial negotiation skills with experience in deal structuring.
Ability to lead cross-functional teams and manage complex stakeholder relationships.
Data-driven mindset with strong analytical skills.
Benefits
25 days paid vacation, Sick & Public Holidays to B2B contractors.
Remote (timezone must have significant overlap with CET).