Job Title: Managing Director
Key Responsibilities
Strategic Leadership & Governance:
- Develop and implement the Bank’s strategic plan, policies, and business objectives.
- Lead the formulation and execution of financial, operational, and risk management strategies.
- Work closely with the Board to ensure alignment with corporate vision and long-term goals.
- Represent the Bank in regulatory, government, and stakeholder engagements.
Regulatory & Compliance Oversight:
- Ensure full compliance with CBN regulations, BOFIA, AML/CFT laws, and other statutory obligations.
- Oversee timely submission of all regulatory reports and returns.
- Implement appropriate internal controls and corporate governance practices.
Operational & Financial Management:
- Oversee the Bank’s day-to-day operations, ensuring optimal performance and efficiency.
- Monitor and drive profitability, cost control, and loan portfolio quality.
- Approve annual budgets and monitor performance against financial targets.
- Ensure effective credit risk management and loan recovery strategies.
Team Leadership & Human Capital Development:
- Lead and mentor the executive management team.
- Promote a performance-driven culture and continuous staff development.
- Oversee recruitment, succession planning, and staff welfare initiatives.
Customer & Market Development:
- Drive customer acquisition, product development, and digital banking initiatives.
- Build partnerships with development finance institutions (DFIs), fintechs, and other stakeholders.
- Ensure high standards of customer service and financial inclusion outreach.
Key Performance Indicators (KPIs)
- Achievement of financial targets (ROA, ROE, NIM, PAR ratios)
- Regulatory compliance and audit ratings
- Loan portfolio quality and recovery rates
- Customer base growth and retention
- Staff productivity and satisfaction
- Innovation and digital transformation metrics
Requirements
- Bachelor’s Degree in Finance, Economics, Business Administration, or a related field.
- MBA or Professional certification is preferred.
- Registration / membership to a relevant professional Body is an advantage.
- Must have 10 – 15 year experience with a minimum of 5yrs in a similar position.
- Strong knowledge of microfinance operations, CBN regulations, and financial inclusion strategies.
- Proven experience in microfinance, retail banking, or inclusive finance is highly desirable.
- Familiarity with relevant regulations (e.g., tax laws).
- Proficient in Microsoft Office and banking software/tools.
- Strong strategic thinking and execution skills.
- Excellent financial and risk management capabilities.
- Deep understanding of regulatory frameworks and corporate governance.
- Exceptional leadership, interpersonal, and communication skills.
- Track record of innovation and driving business growth.
- High ethical standards and commitment to social impact.
- Integrity, independence, and a proactive approach to work.
Salary
N500,000 / Month.
Application Instructions:
The application deadline is 2nd July, 2025. Therefore, Qualified and interested candidates should send their updated Resume to: [email protected] using the Job Title as the subject of the email.
Note: Only qualified candidates will be contacted. It is important to visit the official website (link found below) for detailed information on how to apply successfully for this vacancy.
Website:
Official Job Website: https://outsourcenigeria.com/how-it-works/
Job Features
Job Category | Managerial Jobs, Managing Director |