Managing Director at Dove Consulting

At Dove Consulting, we are a leading consulting firm specializing in Human Resource services in Nigeria. With years of experience across various industries, we offer innovative and customized HR solutions tailored to meet the unique needs of businesses, whether large or small. Our mission is to empower organizations by optimizing their workforce management and enhancing overall business performance.

We are recruiting to fill the position below:

Job Title: Managing Director

Location: Benin City, Edo
Employment Type: Full-time

Position Overview

• The Managing Director (MD) is the highest-ranking executive of the Microfinance Bank, responsible for the overall strategic, operational, and financial performance of the institution.
• The MD will lead the bank in achieving its mission of financial inclusion, providing innovative and sustainable microfinance solutions to underserved communities.
• This role demands a proactive leader with exceptional banking expertise, strategic vision, and operational execution capabilities.

Key Responsibilities
Strategic Leadership:

• Develop and implement the bank’s strategic goals and objectives in alignment with its vision and mission.
• Lead the preparation and execution of the bank’s annual business plans, ensuring financial sustainability and compliance with regulatory requirements.
• Identify market opportunities and create strategies to expand the bank’s portfolio and customer base.
• Guide the bank toward achieving its financial inclusion goals through innovative microfinance products and services.

Financial Management:

• Oversee the bank’s financial health, ensuring profitability, liquidity, and effective risk management.
• Approve budgets, monitor financial performance, and ensure proper allocation of resources to optimize returns.
• Ensure compliance with all financial reporting standards and provide timely, accurate reports to the Board of Directors.
• Monitor credit management processes to ensure high-quality loan portfolios and minimal non-performing loans (NPLs).

Team Leadership and Development:

• Provide leadership to the bank’s management team, fostering a culture of accountability, innovation, and excellence.
• Recruit, mentor, and retain top talent, ensuring continuous capacity building and performance improvement.
• Set performance targets for key departments and conduct regular reviews to monitor progress.

Stakeholder Engagement:

• Build and maintain strong relationships with stakeholders, including customers, investors, regulators, and community leaders.
• Represent the bank at industry events, forums, and meetings to enhance its visibility and reputation.
• Drive corporate social responsibility (CSR) initiatives to strengthen the bank’s ties to the community.

Regulatory Compliance:

• Ensure the bank operates within the framework of regulatory guidelines provided by the Central Bank of Nigeria (CBN) and other relevant authorities.
• Lead the implementation of best practices in corporate governance, internal controls, and risk management.
• Serve as the primary point of contact for regulators, auditors, and other external stakeholders.

Operational Excellence:

• Oversee day-to-day operations of the bank, ensuring efficient service delivery, customer satisfaction, and achievement of operational goals.
• Drive the adoption of technology and digital solutions to enhance operational efficiency and customer engagement.
• Manage and monitor branch activities to ensure alignment with the bank’s goals and regulatory standards.

Key Qualifications

• A Master’s Degree (MBA or related) is an added advantage.
• Professional certifications such as CIBN (Chartered Institute of Bankers of Nigeria), ACCA, or ICAN are desirable.

Experience:

• A minimum of 7 years of progressive experience in the banking or microfinance sector, with at least 4 years in a senior management or leadership role.
• Demonstrated experience in credit management, financial analysis, and portfolio management.
• Proven track record of driving business growth and operational efficiency in a financial institution.

Skills and Competencies:

• Leadership and Strategic Thinking: Ability to inspire and lead a team toward achieving strategic objectives.
• Customer Focus: Commitment to delivering exceptional customer service and addressing the needs of underserved communities.
• Digital Savvy: Proficiency in leveraging technology for operational efficiency and customer engagement.
• Communication and Interpersonal Skills: Excellent ability to engage with diverse stakeholders and build lasting relationships.
• Financial Acumen: Strong knowledge of financial management, credit analysis, and banking operations.
• Regulatory Knowledge: Deep understanding of CBN regulations, microfinance policies, and compliance requirements.

Salary
N400,000 - N500,000 Monthly.

How to Apply
Interested and qualified candidates should:
Click here to apply

Application Deadline 20th December, 2024.