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HEAD OF BUSINESS – MFB

Published on: Published in:
  • Full Time
  • Lagos
  • 650,000 NGN / Month

Our Client, a Microfinance Bank is looking to hire for the role of Head of Business.

Job Requirements

  • Bachelor’s degree in finance, business administration, economics, or related field.
  • Minimum of 5 years of experience in microfinance or banking sector.
  • Strong understanding of microfinance principles, products, and services.
  • Excellent leadership, communication, and interpersonal skills..
  • Proven track record of driving business growth and delivering results in a dynamic and competitive environment.
  • Familiarity with regulatory requirements and compliance standards in the microfinance industry.
  • Proficiency in Microsoft Office Suite and banking software applications.
  • MBA or Additional certifications is advantageous.

Job Description

  • Develop and implement strategic plans to drive business growth and achieve the bank’s financial objectives.
  • Lead the development and execution of innovative products and services tailored to the needs of micro-entrepreneurs and individuals in underserved areas.
  • Identify opportunities to expand the bank’s market presence and enhance its competitive position in the microfinance industry.
  • Provide leadership and guidance to the microfinance team, fostering a culture of excellence, collaboration, and customer service.
  • Build and maintain strong relationships with key stakeholders, including customers, regulators, community organizations, and business partners.
  • Monitor market trends and assess opportunities for growth, expansion, and diversification of the bank’s business operations.
  • Ensure compliance with regulatory requirements and industry standards governing microfinance operations.
  • Manage risk within the microfinance bank, including credit risk, operational risk, and compliance risk.
  • Develop and monitor key performance indicators (KPIs) to track the bank’s financial performance, operational efficiency, and customer satisfaction.
  • Prepare regular reports and presentations for senior management, board of directors, and regulatory authorities.
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