Managing Director Job at PalmPay

PalmPay is an Africa-focused fintech firm, launched in 2019. PalmPay is a mobile payments platform that offers a number of financial services.

We are recruiting to fill the position below:

Job Position: Managing Director

Job Location: Lagos
Schedule: Full-Time

Job Description

  • As the Managing Director of Blooms MFB, you will be responsible for leading the strategic direction, growth, and overall success of the organization.
  • This role requires exceptional leadership, vision, and a deep understanding of the fintech industry.

Key Responsibilities

  • Develop and implement the company's strategic plan in alignment with the overall vision and mission.
  • Provide visionary leadership to drive innovation, growth, and market expansion.
  • Implement best practices and processes to optimize workflows and drive productivity.
  • Foster a culture of continuous improvement, innovation, and excellence.
  • Lead, mentor, and develop a high-performing team of executives and professionals.
  • Provide guidance, support, and coaching to empower team members and promote professional growth.
  • Cultivate a positive and inclusive work environment that values diversity, collaboration, and accountability.
  • Identify emerging trends, market opportunities, and competitive threats to inform strategic decision-making.
  • Oversee financial planning, budgeting, and forecasting processes to ensure financial stability and growth.
  • Monitor key financial metrics and performance indicators to drive profitability and efficiency.
  • Establish and maintain strong relationships with investors, financial institutions, and other stakeholders.
  • Ensure operational efficiency and effectiveness across all departments and functions.
  • Lead efforts to acquire new clients, partnerships, and strategic alliances to expand the company's customer base.
  • Develop and maintain strong relationships with key clients, ensuring high levels of satisfaction and retention.
  • Drive customer-centric initiatives and solutions to meet evolving client needs and expectations.
  • Ensure compliance with regulatory requirements, industry standards, and best practices.
  • Implement robust risk management processes and controls to mitigate operational, financial, and legal risks.
  • Stay abreast of regulatory changes and developments impacting the fintech industry.


  • Bachelor's Degree in Business Administration, Finance, or a related field; MBA or advanced degree preferred.
  • Proven track record of executive leadership and success in the fintech industry or commercial Bank, with a minimum of 20 years of relevant experience.
  • Strong strategic thinking, analytical, and problem-solving skills.
  • Excellent communication, negotiation, and relationship-building abilities.
  • Demonstrated ability to drive results, manage change, and inspire teams.
  • In-depth knowledge of fintech trends, technologies, and regulatory landscape.
  • Entrepreneurial mindset with a passion for innovation and disruption.
  • Ability to thrive in a fast-paced, dynamic environment.