Head of Capital Markets at FairMoney Nigeria

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Head of Capital Markets

Location: Lagos
Employment Type: Full-time

Description

• The Capital Markets team at FairMoney is responsible for raising local currency debt to finance the Company’s growth in the loan book. The team has raised over $60 million over the last 2 years by creating innovative debt products and opening access to the Nigeria debt capital markets.
• As Head of the Capital markets team, we expect you to come brimming with creative ideas yet have the steady hands to run a debt capital raise process end-to-end. You would be hungry to leverage your existing experience to grow, build relevant relationships, and drive the big debt fundraising ambitions of FairMoney.
• You will also support other related Corporate development projects such as acquisitions and equity raises, responsibility for managing liquidity and capital risk within the Fairmoney group as well as the optimization of assets and liabilities within the Group.

Responsibilities
As a Head of Capital Markets at FairMoney, you will be responsible for mainly, but not limited to:

• Lead the development & execution of Capital raising strategy and participate in capital raising activities.
• Develop and manage a pipeline of investors.
• Manage the relationship with professional parties i.e. Solicitors, Financial advisers/Arrangers, Trustees, etc.
• Review or prepare transaction documents.
• Develop innovative funding structures for the company.
• Conduct periodic competitive analyses and maintain a comprehensive view of capital market industry performance.
• Support other corporate projects as may be required by the management.
• Manage the Asset / Liability mismatch.
• Reduce the Cost of Lending.
• Optimise return on cash balances.
• Forecast both short-term and long-term liquidity needs.
• Determine the optimal funding mix.

Requirements

• B.Sc in any related field. An MSc, MBA, or relevant certification is an advantage.
• 12+ years experience in Investment Banking/Corporate Finance in a reputable Investment Bank or Consulting firm.
• Strong knowledge of the Nigerian Debt Capital Markets.
• Ability to lead end-to-end execution of Debt Capital raising.
• Sound analytical and presentation skills.
• Robust financial modeling and excel skills.
• Strong industry and HNI network.
• Excellent Project management skills.
• Knowledgeable about Capital Markets, the Economy, and general financial markets.
• Treasury management experience.

Benefits

• Private Health Insurance
• Pension Plan
• Paid Time Off
• Work From Home
• Training & Development

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening interview with one of the members of the Talent Acquisition team for 30 minutes.
• Technical interview with Henry Obiekea (MD - Lending, Nigeria) for 45-60 minutes.
• Technical Interview with Yaw Mante (Head of Finance) for 45-60 minutes.
• Bar raiser interview with Laurin Hainy (CEO - FairMoney) for 45-60 minutes.