Managing Director at First Excelsia

Job Responsibilities

• Drive business development initiatives and maximize profitability within the approved yearly budget.
• Mobilize deposits to ensure organizational liquidity.
• Oversee risk management structure and ensure comprehensive framework implementation.
• Review funding position to optimize fund utilization considering associated risks.
• Drive organization's loan business to meet acceptable CBN PAR threshold and ratios.
• Manage legal matters and mitigate legal risks through oversight and coordination.
• Review financial system, reports, and performance to provide improvement recommendations.
• Develop long-term financial plan and budget for organizational sustainability.
• Collaborate with Senior Management and Heads of Departments to execute strategic plan.
• Lead day-to-day operations aligned with established goals and policies.
• Review and develop organizational structures to enhance employee performance and growth.
• Present comprehensive quarterly reports to the Board covering all business aspects.
• Fulfill other duties assigned by the Board of Directors.

Person Specification

• Minimum of a Bachelor’s Degree, alongside a master's degree in financial discipline.
• Minimum of 15 years’ related experience in the Commercial banking and Microfinance Sector, with at least 5 years in a Managerial Position
• Professional certification from renowned institutions will be an added advantage.
• Ability to use Microsoft Office Packages such as Microsoft Word, Excel, and PowerPoint.
• Experience in developing and implementing strategic and business plans is required.

Required Skillset

• Strong accounting and financial knowledge.
• Exceptional people management skills.
• Expertise in business strategy formulation and execution.
• Ability to allocate resources effectively and manage costs.
• Track record of driving income growth.
• Leadership skills to inspire and motivate teams.
• Excellent communication, negotiation, and presentation skills.