Senior Strategy Analyst at Wema Bank Plc

Job Objective:

To ensure that the bank’s strategy aligns with the set goals and objectives.

Key Job Responsibilities

• Collaborate with the Head of Strategy to formulate and refine the company's overall strategic vision, goals, and objectives. Contribute to the creation of long-term plans and initiatives to position the organization for sustainable growth.
• Conduct comprehensive market research and competitor analysis to identify emerging trends, opportunities, and potential risks. Provide strategic insights to support decision-making processes.
• Oversee the tracking and evaluation of key performance indicators (KPIs) and strategic goals. Continuously analyze data to assess the effectiveness of implemented strategies and recommend adjustments as needed.
• Develop weekly performance tracker for all branches and SBU's; Mid-month reports, weekly income reports, etc.
• Provide advisory service to line management and supervisors with respect to executing on their targets
• Lead and manage strategic projects, ensuring successful execution within established timelines and budgets. Collaborate with cross-functional teams to drive project outcomes and ensure alignment with strategic objectives
• Develop and present oral and written reports, presentations, and informal feedback to line management and supervisors on relevant issues.
• Advise line managers on performance, evaluation process and the need to link performance management skill to aid improvement throughout the organization.
• Provides internal advice and support to all levels of the organization on the quality of economic analysis, methodologies, and frameworks on Key issues.
• Conducts analyses of policy proposals with macroeconomic implications
• Monitors and interprets current economic developments and domestic fiscal and monetary policy
• Analyzes economic conditions and policy initiatives of major trading partners
• Make projections of the economic outlook; and analyses major economic policy developments
• Ensures best practice in economic development research methods and technologies to develop all products and services
• Conduct economic analysis relevant to operational and policy issues in the organization
• Supervise and mentor strategy department team members. Encourage professional growth, foster a collaborative work environment, and ensure efficient resource allocation.
• Build and maintain strong relationships with internal and external stakeholders. Effectively communicate strategic plans and initiatives to gain support and alignment.
• Identify potential risks and challenges related to strategic initiatives. Develop contingency plans and risk mitigation strategies to ensure successful outcomes.
• Drive a culture of innovation and continuous improvement within the strategy department. Encourage creative thinking and the development of cutting-edge strategies.

Skill requirements

• Strong leadership and team management skills, with a track record of guiding and developing high-performing teams
• Exceptional analytical and problem-solving abilities, with a keen eye for detail and the ability to translate data into actionable insights.
• Excellent communication and presentation skills, capable of conveying complex ideas to diverse audiences.
• Proven project management expertise, including the ability to handle multiple projects simultaneously.
• Strong business acumen and a deep understanding of industry dynamics and market trends
• Strong statistics and econometric background

Minimum Education/ Qualification:

• First Degree from any reputable University

Skills/Competence Requirements:

• Knowledge of the bank’s products.
• A sharp eye for detail excellent attention to details
• Exhibit a high level of initiative.
• Assertiveness
• Strong people skills
• Creativity
• Data processing/collation skills.
• Manages work effectively.
• Data Analytics and Intelligence skills
• Presentation /communication skills.
• Strategic thinker.
• Training and facilitation skills
• Strong Leadership and influencing ability.
• Interpersonal skills.

Work Experience:

• At least 5 - 8 years cognate experience