Managing Director - Corporate Banking and Retail Banking at Beacongate Limited

Beacongate Limited is an HR Consulting Firm, offering a wide range of HR support services to organizations in the area of advisory, recruitment, training, business coaching, outsourcing, and HR services.

We are recruiting to fill the position below:

Job Title: Managing Director - Corporate Banking and Retail Banking

Location: Iddo, Lagos
Employment Type: Full-time

Job Summary 

• The Managing Director (MD) of Corporate Banking and Retail Banking is a senior executive role responsible for overseeing the strategic direction, operational performance, and profitability of the Corporate Banking and Retail Banking divisions.
• The MD will lead a team of senior executives and managers, ensuring the delivery of high-quality financial services, customer satisfaction, and regulatory compliance.

Key Responsibilities
Strategic Leadership:

• Develop and implement the strategic vision and direction for the Corporate Banking and Retail Banking divisions.
• Align the business strategy with the overall goals of the organization.
• Identify and evaluate market opportunities, competitive threats, and emerging trends to drive business growth.

Operational Management:

• Oversee the daily operations of Corporate Banking and Retail Banking, ensuring efficiency and effectiveness.
• Implement best practices, process improvements, and technology solutions to enhance service delivery.
• Monitor key performance indicators (KPIs) to track progress and achieve business objectives.

Financial Performance:

• Develop and manage the annual budget for Corporate Banking and Retail Banking.
• Ensure the divisions meet or exceed financial targets, including revenue, profitability, and cost control.
• Conduct financial analysis and reporting to provide insights and recommendations for improvement.

Client Relationship Management:

• Foster strong relationships with key clients, including corporations, SMEs, and individual customers.
• Ensure high levels of customer satisfaction and retention by delivering exceptional service and tailored financial solutions.
• Address and resolve customer issues and concerns promptly.

Regulatory Compliance:

• Ensure adherence to all relevant regulations, laws, and industry standards.
• Implement and maintain robust risk management and compliance frameworks.
• Liaise with regulatory bodies and ensure timely reporting and audits.

Team Leadership and Development:

• Lead, mentor, and develop a high-performing team of senior executives, managers, and staff.
• Promote a culture of collaboration, innovation, and continuous improvement.
• Identify and nurture talent, ensuring succession planning and career development opportunities.

Stakeholder Engagement:

• Represent the Corporate Banking and Retail Banking divisions at internal and external meetings, conferences, and events.
• Communicate effectively with the Board of Directors, executive leadership, and other key stakeholders.
• Build and maintain strong relationships with industry partners, associations, and other financial institutions.

Qualifications

• Bachelor's Degree in Finance, Business Administration, or a related field; MBA or advanced degree preferred.
• ICAN,CCIBN, MCP is a must
• Minimum of 10 years of experience in banking or financial services, with at least 10 years in a senior leadership role.
• Proven track record of success in managing Corporate Banking and Retail Banking operations.
• Strong financial acumen and experience in budgeting, financial analysis, and reporting.
• Excellent leadership, communication, and interpersonal skills.
• Deep understanding of regulatory requirements and risk management principles.
• Strategic thinker with the ability to drive innovation and change.

Skills and Competencies:

• Leadership and people management
• Strategic planning and execution
• Financial analysis and budgeting
• Customer relationship management
• Risk management and regulatory compliance
• Problem-solving and decision-making
• Communication and presentation
• Negotiation and influencing
• Change management

Working Conditions:

• Full-time position based in Iddo, Lagos
• Travel may be required to meet with clients, attend conferences, and visit branch locations.

 Salary
N700,000 - N1,000,000 Monthly. 

Application Closing Date
17th July, 2024.