Managing Director at Moshood Ablola Polytechnic

Job Description

• As the Managing Director, you will have overall responsibility for the strategic direction, financial performance, and operational effectiveness of the company.
• You will work closely with the Board of Directors to drive business development and profitability and ensure compliance with legal and regulatory requirements.

Responsibilities

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

Role Requirements

• Bachelor's Degree (B.Sc / BA) is required alongside a Master's Degree in a Financial discipline.
• Professional certification from renowned institutions, Chartered Institute of Bankers of Nigeria, Institute of Chartered Accountants of Nigeria e.t.c. will be an added advantage
• Minimum of 15 years of experience in Banking and Microfinance services. Proven track record in a senior managerial position in financial services. Proficiency in Microsoft Office Suite.
• Experience in developing and implementing strategic and business plans. 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.