Managing Director at Nosagie Holdings

Key Responsibilities
Strategic Leadership & Governance:

• Develop and implement the bank’s strategic plans in line with its vision, mission, and regulatory requirements.
• Work with the Board to shape policy and ensure effective governance structures are in place.
• Lead the execution of short-term and long-term business strategies.
• Represent the bank in high-level regulatory, industry, and public engagements.

Regulatory Compliance (CBN Returns & Reporting):

• Ensure timely and accurate preparation and submission of all statutory reports and returns to the Central Bank of Nigeria (CBN).
• Ensure strict compliance with CBN’s MFB regulatory framework, including revised guidelines, circulars, and prudential guidelines.
• Liaise with CBN examiners during routine and special examinations.
• Oversee prompt response to CBN Management Letters, resolving queries and implementing recommendations.

Financial Management & Reconciliation:

• Oversee the preparation of financial statements in line with regulatory and accounting standards.
• Supervise the bank’s daily, monthly, and year-end reconciliations, ensuring no unresolved balances in suspense or transit accounts.
• Monitor financial performance and provide regular reports to the Board and relevant stakeholders.
• Ensure strict internal control and risk management systems are maintained.

Loan Portfolio & Recovery Management:

• Oversee credit origination, appraisal, and disbursement in line with credit policy.
• Ensure robust monitoring and recovery strategies are implemented for delinquent loans.
• Lead loan recovery efforts and direct the legal/collections team to enforce loan agreements where necessary.
• Maintain a healthy PAR (Portfolio at Risk) and improve loan repayment culture among clients.

Filing, Documentation & Record Keeping:

• Ensure all statutory filings (e.g., CAC, tax authorities, CBN) are done accurately and on time.
• Supervise proper documentation of all operational and financial transactions.
• Guarantee that customer, employee, and regulatory records are securely stored and easily retrievable.

Operational Oversight & Staff Management:

• Oversee day-to-day operations, ensuring optimal performance across all departments.
• Promote a performance-driven culture through training, supervision, and performance evaluation.
• Ensure adherence to HR policies, code of conduct, and disciplinary procedures.
• Lead executive meetings an ensure prompt follow-up on action item

Required Qualifications & Experience

• B.Sc./HND in Banking, Finance, Accounting, Economics or related field.
• Minimum of 10 years’ experience in financial services, with at least 5 years in a senior management position within a microfinance bank or regulated financial institution.
• Proven experience with CBN reporting, loan recovery, financial reconciliation, and statutory filings.
• Professional certification (e.g., ACIB, ICAN, ACCA) is highly desirable.
• Sound knowledge of microfinance banking regulations, credit administration, risk management, and corporate governance.

Key Competencies:

• Strategic thinking and decision-making
• Strong knowledge of CBN regulatory framework
• Excellent financial and analytical skills
• Effective communication and stakeholder management
• Results-driven leadership
• High ethical standards and integrity.