Chief Operating Officer at Loochi Investment Limited

Loochi Investment Limited is a leading Digitally focused Microfinance Institution located in Lagos state with Lender's License and focused on providing quality credit facilities to small businesses across its areas of operation.

Job Title: Chief Operating Officer

Location: Egbeda, Lagos

Key Roles and Responsibilities

• Strategy formulation & Financial planning in conjunction with the MD.
• Implementation of the Institution’s short, medium and long term goals and objectives.
• Coordination of business development activities to achieve organisational goals including deposit mobilisation, growth of quality risk assets and income generation.
• Goals setting and development of appropriate performance benchmarks/appraisals for all categories of staff
• Continuous review of Institution’s operations and information technology strategy for efficiency and effectiveness
• Provision of timely, useful and accurate information to the Managing Director.
• Monitor the company’s tax filings to avert exposure to the risk of fines and penalties.
• Monitor and ensure compliance with company’s financial and credit policies, standards, rules & regulations.
• Monitor and ensure compliance with all statutory regulations and guidelines.
• Assets and liability management.
• Stakeholders engagement.
• Build a solid human resources base and institute appropriate mentoring programs/succession plans in the organisation.

Qualifications & Job Attributes

• Minimum of First Degree (B.Sc / HND) preferably in numeric disciplines e.g Economics, Business Administration, Accounting / Finance etc. or other Business related field.
• Possession of a Master’s Degree and or relevant professional qualifications such as ACA, ACIB, ACIS, MCIB.
• Minimum of five (5) years cognate experience, with at least 3 years at senior management level with demonstrated success in such role.
• Gender: Male/Female.
• Candidate must possess proven & verifiable capability to mobilise significant investments into the business.
• Very strong leadership skills and a rich industry network is very important.
• Good knowledge and understanding of the Nigerian Financial services industry.
• Must be familiar with the microfinance regulatory & supervisory guidelines.
• Highly motivated with strong commitment to work with customers at the bottom of the pyramid.
• Demonstrated track record in people management.
• Good understanding of key risks affecting including but not limited to market, credit and operational risks.
• Budgeting and resource allocation skill.

Remuneration
Very Attractive & Competitive.

Application Closing Date
30th January, 2023.