Head, Contributory Reserve Fund at VFD Group Plc

VFD Group is an alternative financial service holding company that creates value by working within Nigeria's informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian.

We are recruiting to fill the position below:

Job Title: Head, Contributory Reserve Fund

Location: Lagos

Job Summary

• The Head, Contributory Reserve Fund, is responsible for leading the strategic direction, governance, and operational execution of VFD Group’s contributory reserve fund while driving business development initiatives across the Group.
• This role ensures optimal fund utilization, stakeholder engagement, and sustainable growth through innovative financial and commercial strategies.

Responsibilities

• Oversee the design, implementation, and governance of the Group’s contributory reserve fund.
• Ensure transparent and efficient collection, allocation, and utilization of funds.
• Lead fund forecasting, performance tracking, and strategic alignment with Group objectives.
• Chair the Contributory Fund Committee and ensure compliance with internal and regulatory standards.
• Drive revenue growth through strategic pricing, channel development, and customer acquisition initiatives.
• Analyze business performance metrics to identify growth levers and operational efficiencies.
• Lead cross-functional teams to implement commercial strategies that improve profitability and market share.
• Lead strategic initiatives to expand the Group’s footprint across sectors and geographies.
• Collaborate with subsidiary MDs and business unit heads to align growth strategies.
• Initiate and manage high-level partnerships with financial institutions, fintechs, corporates, and government entities.
• Structure and negotiate joint ventures, investment deals, and strategic collaborations that enhance the Group’s value proposition.
• Oversee due diligence, valuation, and integration planning for new business opportunities.
• Build and maintain strong relationships with investors, regulators, financial institutions, and key partners.
• Represent the Group in high-level negotiations, forums, and industry events.
• Ensure stakeholder confidence through transparent reporting and strategic communication.
• Work closely with the CFO and Head of Treasury to align fund strategies with liquidity and capital planning.
• Monitor KPIs across fund performance and business development metrics.
• Ensure risk management frameworks are embedded in fund and growth initiatives.

Requirements

• Bachelor’s Degree in Finance, Business Administration, Economics, or related field; MBA or equivalent preferred.
• Professional certifications (e.g., CFA, ACA, ACCA) are an advantage.
• Minimum of 10 years’ experience in executive leadership roles, with a strong background in fund management and business development.
• Proven track record of strategic execution and stakeholder management.
• Strategic leadership and vision
• Financial acumen and fund governance
• Business development and market expansion
• Stakeholder engagement and negotiation
• Innovation and change management.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online