JOB VACANCY
MANAGING DIRECTOR
Our company ACE HUMAN RESOURCES CONSULTING is seeking to employ a dynamic and experienced Managing Director for our Client, a Microfinance Bank in Abuja.
The MD will provide strategic leadership and oversee the overall operations for the bank. The successful candidate will be responsible for ensuring financial sustainability, regulatory compliance, and the effective execution of the bank’s mission to deliver inclusive financial services. This role demands a proven record of accomplishment of leadership within the financial services industry, with particular expertise in microfinance or community banking.
Duties & Responsibilities
Strategic Leadership & Governance:
- Develop and implement the bank’s strategic plan in line with board directives and regulatory guidelines.
- Identify growth opportunities and spearhead innovation in microfinance products and services.
- Advise the Board on critical business decisions, opportunities, and risks.
- Drive innovation and digital financial solutions for underserved markets.
Financial Management:
- Ensure the financial health of the bank through sound financial planning, budgeting, and cost control.
- Oversee fundraising, investment, and capital adequacy strategies.
- Monitor financial performance and ensure sustainability and profitability.
- Oversee budgeting, forecasting, and performance monitoring.
- Ensure compliance with CBN regulations and other financial laws.
Operational Oversight:
- Supervise the executive management team and ensure efficient day-to-day operations.
- Implement robust internal controls, risk management frameworks, and compliance systems.
- Monitor loan portfolio performance and recovery rates.
- Drive digital transformation across the business sector and improve customer experience in branch management.
Regulatory & Governance Compliance:
- Ensure full compliance with all relevant laws, regulations, and guidelines of the Central Bank and other regulators.
- Work with the Board to ensure good corporate governance practices.
- Prepare and submit timely reports to regulators and stakeholders.
Business Development & Stakeholder Management:
- Represent the bank in interactions with regulators, donors, partners, investors, and community leaders.
- Drive business growth through customer acquisition, product development, and partnerships.
- Maintain strong relationships with regulators, investors, partners, and community stakeholders.
- Represent the bank in public forums, policy discussions, and investor meetings.
Team Leadership & Development:
- Lead, inspire, and develop a high-performing management team.
- Promote professional development and ethical standards across the organization.
- Foster a culture of accountability, performance, innovation, and customer focus.
- Promote capacity building and staff development across all levels.
Performance Metrics:
- Portfolio growth and loan recovery rate
- Profitability and cost-efficiency
- Customer base expansion
- Compliance and audit scores
- Staff performance and retention
- Social performance and outreach
Job Requirements:
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
- MBA or Professional certification is preferred.
- Registration/membership of a relevant professional body is an advantage.
- At least 10–15 years of experience with a minimum of 5 years in a similar position.
- Strong knowledge of microfinance operations, CBN regulations, and financial inclusion strategies.
- Proven experience in microfinance, retail banking, or inclusive finance is highly desirable.
- Familiarity with relevant regulations (e.g., tax laws).
- Proficient in Microsoft Office and banking software/tools.
- Strong strategic thinking and execution skills.
- Excellent financial and risk management capabilities.
- Deep understanding of regulatory frameworks and corporate governance.
- Exceptional leadership, interpersonal, and communication skills.
- Track record of innovation and driving business growth.
- High ethical standards and commitment to social impact.
- Integrity, independence, and a proactive approach to work.
Application Instructions:
If you are a motivated and experienced leader seeking your next career opportunity, we encourage you to apply by adhering to the following guidelines:
- Submit your application as a single PDF document containing both your cover letter and résumé/CV.
- Clearly state the job title in the subject line of your email.
- Send your application by email to jobs@acehrconsulting.com no later than 18 June 2025.
Salary is attractive and based on the banking industry.
Only shortlisted candidates will be contacted for an interview.