About this role
The role is for a Managing Director who will act as the chief executive, accountable for strategic direction, operations, financial performance, and regulatory compliance of the bank. The MD will lead the executive team to grow market presence, advance digital transformation, and ensure sustainable profitability with strong risk management. Responsibilities include setting and implementing strategic plans, driving growth and customer acquisition in microfinance and SME segments, managing operations across branches, overseeing credit risk and loan recovery, deploying digital banking infrastructure, and ensuring regulatory compliance. The position requires coordinating with the Board, maintaining financial health, budgeting, governance, and building an inclusive, high-performance culture. The employer is iRecruiters Africa Limited, a recruitment firm based in Lagos, seeking to fill this MD role for a bank.
What you would do
- Formulate and monitor short- and long-term strategic plans aligned with the Board’s vision.
- Drive growth, market share, and customer acquisition in microfinance and SME segments.
- Identify new markets, expansion locations, and product offerings including digital lending and mobile banking.
- Represent the bank in high-level meetings and strategic partnerships.
- Oversee day-to-day operations across branches and functional units.
- Maintain robust credit risk assessments and effective loan collection/recovery.
- Develop and deploy digital banking infrastructure to improve operations and customer experience.
- Monitor financial performance against targets and budgets.
- Maintain accountability for P&L, capital adequacy, and liquidity.
- Establish internal control, governance, and risk management frameworks.
What they are asking for
- Bachelor’s degree in Banking, Finance, Economics, Accounting, Business Administration or related fields.
- Master’s degree or MBA preferred; Microfinance Certified Banker (MCB) certification required.
- Additional qualifications such as ACA, ACCA, CFA, or CIBN desirable.
- Minimum of 15 years’ banking experience, with 5–7 years in a senior executive leadership role.
- Must meet Central Bank of Nigeria fit and proper requirements for microfinance executives.
- Proven track record in portfolio growth, digital banking transformation, risk management, and profitability.
- Strong knowledge of microfinance operations, credit management, fintech, regulations, and board reporting.
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