Job Openings Chief Executive Officer

About the job Chief Executive Officer

Job Title: Chief Executive Officer

Reports To: Group Managing Director


Job Summary

Our client, a Fintech company, is hiring a Chief Executive Officer. The Chief Executive Officer (CEO) is responsible for driving the business strategy and managing the overall operations of the company. The CEO develops and approves strategies to meet investor, consumer, and employee needs.

DUTIES AND RESPONSIBILITIES

Business Oversight

The CEO shall ensure that:

  • Credit, Risk, ALCO committee meetings are convened regularly and chaired by the CEO.

  • The Company’s credit portfolio grows steadily maintaining a low rate of delinquency.

  • The Company’s range of financial products becomes more diversified, in line with the defined objectives of the Company.

  • The Company’s customer service level is world class.

  • There is realization of growth of the Company’s business in accordance with approved strategic targets and limits.

  • The Company complies with all regulatory requirements and compliance standards applicable in Nigeria.

  • He shows visionary leadership with a focus on innovation, continuous improvement and organizational excellence.

Strategy

The CEO identifies, develops and directs the implementation of business strategies that will ensure:

  • The company is run on sound commercial and professional principles and that its defined corporate objectives are pursued. Accordingly, the CEO shall initiate short, medium and long-term strategies, action plans and targets in line with the defined vision, mission and objectives of the Company.

  • The Company’s funding plan is adequate and diversified.

  • The Company’s financial viability and cost structure are regularly analyzed, and appropriate measures undertaken to monitor and optimize resources in relation to the company’s operations and services provided.

  • A regular review of the Company’s competitive environment is made, and appropriate measures are taken to increase the market share and ensure that the Company attains and retains market position as the leading consumer finance company where the company plays.

  • Management constantly looks for and seizes market opportunities and trends favorable to the expansion of the Company’s activities.

Staffing

The CEO shall be responsible for the recruitment, selection and development of the executive team and ensures that:

  • The Staff Appointments, Development and Disciplinary Committees of Management vet all staff matters that require the attention of the Board prior to submission to the Board.

  • Board decisions on staff are promptly implemented.

  • Management Committees meet regularly.

  • Staff motivation and loyalty are improved to minimize staff turnover.

  • Effective forward and feedback communication systems between Management and staff are established and disseminated to all staff in the institution to inculcate coherence and a team spirit.

  • Provide leadership, mentorship and guidance to staff, fostering a culture of accountability, innovation and excellence.

External & Public Relations

The CEO shall ensure that:

  • Regulator’s requirements are fulfilled at all times and the company retains its operating license from the regulator.

  • Key industry leaders and influencers in the company’s businesses are well cultivated.

  • Partnerships are explored and developed to improve the distribution of the company’s products.

  • Organizational culture is maintained and developed, including its values, the reputation in the market while taking into account the various stakeholders.

  • Develop and maintain contacts and association with other Consumer Finance Companies, Commercial Banks, Microfinance Institutions, donors and prospective/potential Investors and with their respective forums.

Reporting and communication

The CEO shall ensure that:

  • The Board of Directors receives regular reports on the current state of business.

  • The Board of Directors decisions are implemented in a timely manner.

  • All the Company’s Divisions submit reports for the Board’s consideration regularly as the Board demands.

CANDIDATE REQUIREMENTS

  • Bachelor’s degree in Business Administration or related, and an MBA (or related)

  • Relevant role related/regulatory certifications.

  • Substantial senior leadership experience within our industry (or similar): Financial Services, Banking etc.

  • Strong financial acumen with a deep understanding of banking, investment, lending, and risk management principles.

  • Possesses Executive Presence and strong organizational skills that can handle the demands of the role

  • Substantial experience leading Strategy, Revenue growth, Digital Transformation, Products, and Operations

  • within multi-stakeholder environments.

  • Have proven “strong” people skills and an astute communicator.


Salary: N30m- N35m pa gross

Method of Application: Interested and qualified candidates should forward their CVs to careers@worknigeria.com using the job title as the subject of the emaiL


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