Chief Financial Officer at Dunn & Braxton

Key Responsibilities:

• Lead the development and execution of the Bank's 5-year strategic plan, with a strong focus on digital products, channels, and operations.
• Drive the digital transformation agenda including digital lending, mobile banking, agent banking, and fintech/payment service provider partnerships.
• Identify new business opportunities, market segments, and partnerships that support scalable, sustainable growth.
• Champion a data-driven culture, leveraging analytics and MIS to inform strategy, pricing, risk appetite, and product design.
• Advise the MD/CEO and Board on emerging trends in digital finance, microfinance, and the Nigerian and African regulatory landscape.
• Develop and implement the Bank's financial strategy, aligned to corporate strategy and CBN regulatory requirements.
• Lead the annual budgeting, forecasting, and scenario planning process; oversee timely, accurate financial reporting including management accounts, Board packs, and IFRS compliant statutory reports.
• Monitor financial performance across P&L, balance sheet, cash flow, capital adequacy, liquidity, and profitability ratios; recommend and drive corrective actions.
• Champion cost management and efficiency, including rigorous financial evaluation of digital initiatives and technology investments.
• Oversee treasury management including liquidity, asset-liability management (ALM), and funding strategy.
• Manage capital planning to ensure sustained compliance with CBN MFB capital requirements and prudential guidelines, including the capital roadmap for the National MFB license transition.
• Develop and maintain relationships with investors, lenders, and development finance institutions (DFIs); lead capital-raising initiatives — equity, quasi-equity, or debt — to support growth and digital expansion.
• Work with the Head of Risk, Audit & Compliance to maintain a robust enterprise risk management framework covering credit, market, liquidity, and operational risks, with particular focus on digital channel risks.
• Ensure strong internal controls and financial governance across digital transactions, eChannel reconciliations, and fraud risk mitigation.
• Ensure full compliance with CBN, NDIC, FIRS, and other relevant regulatory requirements for microfinance and digital financial services.
• Oversee portfolio quality monitoring systems (PAR, write-offs, recoveries), particularly for digital and automated lending products.
• Collaborate with the Head of Digital/Technology to develop financially viable digital products — nano loans, digital savings, agency banking — and own unit economics and profitability models for all key products and channels.
• Evaluate and structure fintech, agent, and aggregator partnerships for financial viability and regulatory compliance.
• Define pricing and fee structures aligned with customer value, competitive dynamics, and CBN microfinance pricing guidelines.
• Build and lead a high-performing Finance & Strategy team through clear goal-setting, performance management, coaching, and succession planning.
• Collaborate with EXCO members to drive integrated decision-making and smooth execution of the Bank's strategy.

Requirements

• Bachelor's degree in Accounting, Finance, Economics, or a related field.
• ICAN, ACCA, or equivalent professional qualification is mandatory. MBA or Master's in Finance/Strategy is an added advantage.
• Minimum of 10–15 years of relevant experience, with at least 5 years in a senior leadership role (CFO, Head of Finance, Head of Strategy, or equivalent) in microfinance, commercial banking, digital banking, fin-tech, or related financial services.
• Demonstrable experience in financial management and reporting in a regulated Nigerian financial institution, strategic planning and execution, and managing regulatory relationships (CBN, NDIC, FIRS).
• Prior experience in microfinance or lending to MSMEs and low-income segments is highly desirable; familiarity with digital credit scoring, alternative data, and API-based integrations is an advantage.
• Strong knowledge of IFRS, CBN microfinance guidelines, BOFIA, and applicable Nigerian financial regulations.
• Expertise in financial modelling, budgeting, performance management, and capital planning.
• Sound understanding of digital financial services, mobile money, agent banking, and the Nigerian fin-tech ecosystem.
• Proficiency with core banking systems, MIS, and financial/BI reporting tools.
• Strong communication and stakeholder management skills across Board, regulators, investors, and partners.
• High integrity, sound commercial judgment, and genuine commitment to financial inclusion.