We are sourcing for a Managing Director for one of our clients in the financial industry, a Microfinance Bank located in Lagos.
Job Responsibilities
• Execute the decisions of the Board of Directors.
• Manage the day-to-day operations of the bank.
• Participate in hiring and supervision of the senior management team.
• Manage relationships with Investors, regulatory agencies, creditors, and other partner institutions.
• Operates in a fiscally responsible manner within agreed budget parameters.
• Ensure sound financial recording /reporting.
• Ensure that the bank meets the targets set forth in the business plan and annual budget.
• Lead the identification of target market segments and develop strategies for growth.
• Provide strategic input and direction for the development of performance targets, including on-going monitoring to ensure achievement of set targets.
• Build the organizational structures and business teams to maximize productivity and performance.
• Ensure business compliance with company’s policies, procedures and corporate governance expectations.
• Participate in projects geared towards new products/ service development and or product / service enhancement by giving appropriate guidance on required checks, controls, processes, and procedures in line with leading practices within the sector.
• Facilitate and present periodic business performance review reports to the Board.
• Ensure the bank delivers on its short and long term strategic road map.
Educational Qualification
• First Degree, preferably in a numeric discipline e.g. Economics, Business Administration, Accountancy, etc. or related field
• A post-graduate degree or its equivalent in any discipline. An MBA or any other related professional qualification is desirable.
• Relevant professional qualifications/affiliations such as ICAN, CIBN, CFA, ACIB, etc.

Required Work Experience
• A minimum of 15 – 20 years diverse experience (i.e. banking, insurance, microfinance, etc.) as well as experience in multi-functional roles within the industry.
• Minimum of 10 years senior management experience within the financial services industry.
• Prior microfinance experience is desirable, particularly within a microfinance bank with international ties.
• Prior board-level experience/ experience reporting to a board/ board committee.
Qualified candidates should please send CVs to http://biempowerment.org/job/managing-director-for-a-microfinance-bank/ using the subject MD(Microfinance Bank) as subject of the mail.