Managing Director Job at Fadac Resources and Services Limited

Fadac Resources and Services Limited - Our clients is a world class microfinance bank licensed by the central bank of Nigeria, with a mission to empower micro-entrepreneurs and low income earners by providing financial and social services in a sustainable, ethical and profitable manner.

Due to expansion, they are recruiting to fill the position below:

Job Position: Managing Director

Job Location: Ikorodu, Lagos
Employment Type: Full-time

Job Responsibilities

• Setting the overall strategic direction of the company alongside the board.
• Devising a 5-year plan and working with other board members to oversee its implementation.
• Working closely with the Sales team on sales strategy and approach to winning new business.
• Carrying out regular business analysis to engage industry and market changes.
• Setting company-wide KPI’s to gauge company performance in all areas.
• Plans and implements the long-term business strategy of the bank to achieve its overall objectives.
• Setting of budgets and forecasts alongside the finance department.
• Reporting results to the Board on a quarterly and annual basis.
• Manage centralized loan processing and account opening functions to ensure efficiency, quality and control.
• Prepare a corporate plan and annual business plan and monitor progress against these plans to ensure that the company attains its objectives as cost-effectively and efficiently as possible.
• Maintaining a dialogue between shareholders and the Board.
• Develop and maintain an effective marketing and public relations strategy to promote the products, services and image of the bank in the wider community.
• Define and implement new policies and procedures for Banking Services in support of product development / refinement or upon introduction of new technologies and delivery channels.

Requirements

• B.Sc. in Banking and Finance or any relevant field.
• Minimum of 3 years of experience in financial services.
• A proven record of success in senior management level, preferably in the microfinance banking industry.
• Leadership skills.
• Excellent communication skills and organizational skills.
• An understanding of financial management and wider management principles and techniques.
• Analytical and presentational skills.
• Knowledge of statutory requirements.
• A very high level of commercial awareness.
• Excellent analytical and problem-solving skills.

Method of Application
Interested and qualified candidates should send their CV to: promise@fadacoutsourcing.com using the Job Position as the subject of the email.