Managing Director at DynamicPlus Advisory

Position Description

• Responsible for the overall success of the Company and overseeing the complete operation of the Company in accordance with the direction established in the strategic plans.

Responsibilities
Board Functions / Responsibilities to the Board:

• Report business activities and financial performance to the Board
• Provide strategic insights for business growth and expansion
• Provide strategic advice to the Board on cost-effective business decisions and block leakages
• Prepare and present realistic financial budgets

Strategic Responsibilities / Functions:

• Plan, develop, and implement strategic goals and plans of the organization
• Create, improve, implement and enforce policies and procedures of the organization that will improve the operational and financial effectiveness of the company
• Provide strategic leadership and guidance to team members
• Evaluate and continually improve on the company’s structure – Financial, Operations, Business Development, Sales & Marketing, and Research.
• Provide financial guidance and advice to others within executive leadership
• Business Development
• Provide insights and lead the development of new products and services to boost income line;
• Provide insights and lead the development of new products and services to improve the quality of customer’s experience;
• Work with other business units/subsidiaries to create equities-based products.

Sales and Marketing:

• Marketing/Sales of all products and services – Equities, Bonds, other Asset classes, CPs, Euro Bonds, etc.
• Marketing/Sales of other products and services – Securities Backed Loans, Leases, etc.
• Marketing and Sales of Insurance Products
• Soliciting new business relationships – Secondary markets, Primary market, and others
• Generating leads and closing out on leads.

Relationship Management:

• Ensure a good stance with Regulators and other operators
• Provide second-layer relationship management for Institutional, Corporates, HNIs, etc.
• Provide investment advisory to clients to enable clients to maximize relevant opportunities in both the Capital and Money market.

Managerial Functions:

• Regularly generate ideas to improve the company’s bottom line
• Regularly generate ideas to improve quality of service delivery
• Regularly generate ideas to improve relationship management
• Reduce cost and wastage
• Regularly display leadership traits and skills

Proprietary Book:

• Coordinate and strategically guide to maximizing returns on Proprietary book
• Provide relevant investment advisory

Supervisory Functions:

• Provide adequate supervisory role to the Research department, Compliance
• Any other assignment designated by the Group Managing Director and the Board of Directors

Other Duties:

• Ensure that the Company is Profitable.
• Market to Corporate Organizations and Individuals all products of the Company and the Group.
• Oversee the achievement of the budget of the company as laid out in the Annual Budget
• Ensure effective coordination of all Board and Board Committee Meetings i.e., Scheduling, Minutes, Matters Arising, Documents/Papers for Board Meetings
• Ensure compliance with all agreed responses to CBN Inspection observations and Group Internal Audit exceptions according to time frames hitherto agreed
• Assessing risks to the company and ensuring they are monitored and minimized
• Maintain awareness of the competitive market landscape expansion opportunities industry development
• Communicating with the Board of Directors.
• Ensure that the Company complies with regulatory directives – timely response to letters and submission of any required information or documents as may be required by the regulators.
• Carrying out effectively the policies laid down by the Board of Directors, and ensuring that all policies are well understood and complied with by all members of the organization
• Ensure integrity and courage in the provision of consistently robust advice to the Board, Shareholders and others as necessary
• Present reports at Monthly Performance Review Meetings and Board Meetings.
• Creating and innovating new products and services.
• Ensuring effective cost-reduction measures
• Coordinate the development of key performance goals for functions and direct reports.
• Ensure key hiring and talent development programs for the Company.
• Communicate Strategy and results to the Company’s employees.

Qualifications

• Bachelor's Degree in Finance, Economics, Statistics, Accounting, or Business Administration
• Possession of a postgraduate academic or professional qualification in a relevant discipline will be an added advantage
• Minimum of 15 years of relevant experience; with a minimum of 5 years of Senior Level Managerial experience.
• Must be a member of Chartered Institute of Stockbrokers (CIS)
• Sound knowledge of Corporate Stock Broking, Brokerage Services/ Stockbroking, Estate Account and Shares Transmission, Equities Investments.
• Knowledge of FinTech and the ability to drive the development of products around FinTechs.

Other Skills and Abilities:
The incumbent must demonstrate the following skills:

• Business Development and negotiating skills
• Sound knowledge of the industry/ strong marketing orientation skills.
• Strong leadership ability, integrity, and sound judgment.
• Excellent Communication Skills.
• Ability to use Microsoft Office Suites.
• Good leadership and team-building skills
• Business intelligence and strategic mindset
• Outstanding problem-solving skills
• Proven experience in relationship management
• Negotiation and persuasion skills
• Excellent interpersonal skills with good communication and analytical skills.
• Proficient use of Microsoft Office (Word, Excel, PowerPoint).

Benefits

• Annual Gross Salary - Competitive
• Bonus/ Profit Sharing
• Company/Status Car & Driver.
• Medical Insurance/HMO
• Others.