Job Openings in a Financial Holding Company, 2nd October, 2019
A Financial Holding company with international affiliation and a subsidiaries in Micro-finance, Consumer Finance and Insurance is currently seeking to hire qualified candidate to fill the vacant position below:
Job Title: Head, Strategy & Business Development
Location: Nigeria
Job Descriptions
- The chosen candidate will play a leadership role in business development and implementation of a long-range of strategic plans and objectives through the identification of strategic issues and opportunities that could influence business growth and profitability.
- He/She shall be responsible for competitor benchmarking, marketing program effectives, industry intelligence, consumer knowledge, and development of strategic initiatives.
- The Head of Strategy shall lead the department in launching high priority strategic initiatives, working directly with the business executives of various subsidiaries in implementation of the agreed strategies.
- The Head Strategy shall report to the Group Managing Director.
Qualification and Skills
- 10 -15+ years of experience in Strategy, Business Development, or Sales, preferably in the Financial Services or Financial Software Industries. MBA & MS.c in Finance and other relevant qualification and professional registration.
- Proven analytical skills and problem solving ability paired with meticulous attention to detail
- Understanding of the alternative investment space or related financial services experience
- Self-motivated and proactive team player who takes ownership of projects
- Strong organizational skills with an ability to effectively manage competing priorities
- Ability to communicate complex issues to a wide array of internal stakeholders
- Desire to work in a fast-paced environment, consistently adhering to deadlines and evolving priorities.
- Communication & Analytical skills.
- Excellent interpersonal & numerical skills.
- Excellent team player.
- Experienced in investment relations
Responsibilities
- Ensures the formulation & implementation of the strategic plan.
- Drives the development of the corporate strategy, including periodic and annual formal reviews of the Group’s long-term strategic plan
- Works closely with senior executives (Holdco & Subsidiaries) to lead most critical strategic initiatives, including business unit strategies, geographic expansion efforts, and new business launches
- Provides in-depth industry and comparative market analysis and recommendations in support of senior management decision making.
- Put in place performance measures that will determine the effectiveness of implemented strategies and identify areas for strategic improvement.
- Defines potential businesses in order to realize profitability opportunities and also to avail insightful qualitative analyses.
- Effectively develops and motivates the sales team in alignment with strategic goal across the group.
- Submit regular analysis reports for senior management, business leadership and executives, and relevant stakeholders for purposes of further decision making.
- Collaborate across the organization with top leadership, aiding in individualized strategy formulation for different projects and initiatives.
- Conduct research on industry trends and market demand to inform product development.
- Create the right partnerships and also leverage on opportunities.
Job Title: Chief Financial Officer
Location: Nigeria
Job Descriptions
- The chosen candidate will be responsible for taking on a leadership role in financial decision-making that affects the company, and will provide strategic financial input for decision making to the Group managing Director.
- While keenly overseeing the overall accounting process of all subsidiaries, the successful CFO will play a key role in developing and implementing financial procedures to improve and maintain the financial health of the organization.
- The CFO shall be responsible for obtaining and maintaining investor relations and partnership compliance.
- He shall be reporting to the Group Managing Director.
Responsibilities
- Develop financial and tax strategies
- Monitor and direct the implementation of the strategic business plans.
- Manage capital request and budgeting processes.
- Assist in formulation of future direction and supports technical initiatives. Oversee the financial operations of subsidiaries and foreign operations.
- Arrange for debt financing and equity financing.
- Represent the bank with local & international financiers.
- Monitor cash balances and cash forecast.
- Maintain relations with external auditors and investigate their findings and recommendations.
- Report financial results to the GMD.
- Construct and monitor reliable control systems.
Qualifications and Skills
- The candidate Chief Financial Officer should have a Master's degree in Accounting or Business Administration, or equivalent business experience and 10+ years' experience in financial institutions.
- Should have experience in partnering with an executive team, and have a high level of written and oral communication skills.
- Preference will be given to candidates with an MBA in Finance and Chartered Accountants. Knowledge IFRS (Certification will be an added advantage)
- Communication & Analytical skills.
- Excellent interpersonal & numerical skills.
- Excellent team player.
- Experienced in investment relations
- Must be between 40 - 45 years in age.
Job Title: Chief Compliance Officer
Location: Nigeria
Job Descriptions
- The Officer will be primarily responsible for overseeing compliance within the Holdco & Subsidiaries, and ensuring compliance with laws, regulatory requirements, policies and procedures.
- The chosen candidate shall be saddled with establishing standards and implementing procedures to ensure that the compliance programs throughout the organization are effective and efficient in identifying, preventing, detecting and correcting non-compliance with applicable laws and regulations.
- Work collaboratively with senior executives across the subsidiaries to ensure effective execution of the group's compliance program and regulatory strategies.
- In line with corporate governance, the CCO shall be reporting to the Board of Directors with dotted reporting lines to the GMD.
Responsibilities
- Provide regulatory and compliance expertise to the Holdco and subsidiaries in all aspects of applicable federal and state laws and regulations.
- Interpret impact of current, new and changing laws and regulations to the organization and proactively recommend appropriate response/corrective actions.
- Partner with each subsidiary to implement required actions to maintain compliance.
- Direct the development and implementation of appropriate testing processes and methodologies, including determination and evaluation of compliance monitoring exception results, designed to ensure compliance with all applicable laws and regulations.
- Provide guidance and leadership in the oversight of the Microfinance bank’s Anti-money Laundering/Bank Secrecy Act program.
- Ensure appropriate testing and response actions are executed to ensure compliance.
- Ensure appropriate training and education is in place for the compliance team and completed as necessary.
- Lead the compliance team in the annual compliance risk assessment and develop the annual compliance work program schedule including various required risk assessments across the group.
- Preparing and presenting clear and concise compliance reports to the Board.
- Provides strategic direction to the management team on compliance.
- Provide compliance guidance and expertise to the various subsidiaries on projects and new product development initiatives.
- Establish and maintain positive, collaborative relationships with internal business partners, external agency representatives and regulatory/compliance consultant groups.
- Direct the review and amendment of existing compliance policies, or creation, implementation, and administration of new compliance policies and procedures as necessary in the Holdco and subsidiaries.
- Oversee federal and state regulatory compliance examinations.
- Prepare and present periodic reports to the Group’s Audit and Risk Committees of the Board and the Management Committee.
- Serve as an active member of the Group’s Risk Management Committee.
Qualification and Skills
- Bachelor's degree in Accounting, Finance, or other related filed.
- 10 - 12+ years progressively responsible Compliance/Audit experience.
- 5+ years of experience in related management/leadership capacity.
- FCIN & other relevant qualification and professional registration.
- Proven analytical skills and problem solving ability paired with meticulous attention to detail
- Self-motivated and proactive team player
- Strong organizational skills with an ability to effectively manage competing priorities
- Desire to work ins fast-paced environment, consistently adhering to deadlines and evolving priorities.
- Communication skills.
- Excellent interpersonal skills
- Excellent team player.
- Diligent, Ethical & principle
How to Apply
Interested and qualified candidates should send their Applications with CV and Passport Photograph to:
[email protected] using the "Job title" as subject of the email.