Head, Strategy & Planning

Wema Bank Plc - Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

Applications are invited from suitably qualified candidates for the positon below:

Job Position: Head, Strategy & Planning
Job Location: Lagos (Head Office)
Reports to: Chief Finance Officer
Group/Department: Corporate Strategy & Planning
Employment Status: Full Time Employee
Grade: SM-AGM

Job Summary


  • To support in the execution of key corporate initiatives and goals.

Key Job Function/ Responsibilities

  • Monitoring the performance of the bank against its set strategic objectives and direction, peer review, competitor analysis and Macroeconomic review.
  • Harmonizing the various profit/cost centers and keeping them in alignment with the overall strategy of the bank.
  • Providing strategic leadership on economics and economic analysis
  • Provides internal advice and support to all levels of the organisation on the quality of economic analysis, methodologies and frameworks on key issues.
  • Conducts analyses of policy proposals with macroeconomics implications
  • Monitors and interprets current economic developments and domestic fiscal and monetary policy
  • Ensure close understanding of all Branch and SBU characteristics and dynamics; full understanding of business needs
  • Develop “Weekly performance tracker” for all Branches and SBU’s; Mid-month reports, weekly income reports etc
  • Provide advisory services to line management and supervisors with respect to executing on their targets
  • Facilitate change management process for all organizational change projects where applicable
  • Develop and present oral and written reports, presentations, and informal feedback to line management and supervisors on relevant issues
  • Advise line managers on performance, evaluation process and the need to link performance mgt skill to aid improvement throughout the organization.
  • Analyzes economic conditions and policy initiatives of major trading partners
  • Makes projections of the economic outlook; and analyzes major economic policy developments
  • Ensures best practices in economic development research methods and technologies to develop all products and services
  • Conduct economic analysis relevant to operational and policy issues in the organisation

Organizational Impact/ Influence:    

  • Lead proof of concept projects and development of new products.
  • Advise senior management of potential delivery capabilities through the preparation of strategy presentations and reports.
  • Ensures focus on execution and drive improvement in performance metrics
  • Coordinate and support negotiations between Innovation Labs and Wema Bank.

Organizational Impact/ Influence:

  • Ensures focus on execution and drive improvement in performance metrics

Required Education/Qualifications

  • First degree in a numeric or any relevant social science course. A Postgraduate degree or an MBA/Professional Qualification in a Social Science related course will be an added advantage.

Required Experience:

  • Minimum of 7 years cognate experience in a financial services industry.

Competences Required
Skills:

  • Outstanding written and verbal communications skills
  • Strong presentation skills
  • Strong statistics and econometric background.
  • Strong analytical and policy skills
  • Ability to manage multiple projects and deadlines simultaneously

Knowledge:

  • Knowledge of micro and macroeconomics
  • Experience in research and analysis

Attitude:

  • Integrity
  • Results Orientation
  • Initiative/Judgment
  • Team player

Office Plan:

  • Personal desk in an open floor office