COMPANY: A licensed Microfinance Bank. Over the next five years, the company aims to evolve into a next-generation commercial bank, integrating blockchain and digital financial tools to enhance transparency, inclusion, and yield.
REPORTS TO: Board of Directors
KEY RESPONSIBILITIES
Strategic Leadership & Governance
· Co-develop and translate the Bank’s five-year roadmap into executable annual operating plans and measurable KPIs.
· Drive business expansion across credit, deposits, digital channels, and customer segments.
· Build a high-performance culture anchored on transparency, accountability, innovation and ethical banking practices.
· Serve as the principal liaison between the bank, regulators, shareholders, and other stakeholders.
Operations Management
· Oversee daily banking operations, including deposits, lending, treasury, and internal control functions.
· Ensure operational efficiency, cost optimisation, and excellent customer experience and service delivery.
· Implement robust internal control systems, processes, and automation tools to prevent fraud and financial loss.
· Supervise the implementation of sound accounting, MIS, and reporting systems.
Credit & Risk Management
· Formulate and supervise the Bank’s credit policy to ensure sound asset quality and risk adjusted returns.
· Ensure prudent liquidity management and optimal utilization of funds.
· Implement strong risk management frameworks for credit, operational, liquidity, and reputational risks.
· Monitor key risk indicators (credit, market, liquidity, operational, and compliance risks).
· Maintain loan portfolio at risk (PAR) within regulatory limits and Board-approved thresholds.
Regulatory Compliance & Reporting
· Ensure full compliance with CBN, NDIC, AML/CFT, and other statutory requirements.
· Liaise effectively with regulators, auditors, and other oversight bodies.
· Ensure accurate and timely rendition of all statutory returns to CBN and NDIC.
· Uphold the Bank’s corporate governance framework in line with the CBN Code of Corporate Governance for MFBs.
Financial Performance & Growth
· Drive deposit mobilisation and ensure sustainable liquidity management.
· Lead initiatives to increase non-interest income through product diversification.
· Manage the bank’s financial planning, budgeting, and performance monitoring.
· Monitor and report the Bank’s financial performance to the Board on a monthly and quarterly basis.
· Maintain healthy capital adequacy and liquidity ratios at all times.
Human Capital & Organisational Culture
· Build, mentor, and retain a high-performing leadership team.
· Promote a culture of accountability, service excellence, and innovation across all departments.
· Ensure adherence to HR, ethics, and performance management policies.
Stakeholder Management
· Represent the Bank in high-level engagements with regulators, investors, and strategic partners.
· Maintain strong relationships with shareholders, community stakeholders, and customers.
· Serve as the public face of the Bank in promoting its mission and credibility.
Innovation & Transformation (Future-Facing)
· Explore emerging opportunities in digital banking, fintech partnerships, and blockchain-enabled financial tools in alignment with CBN innovation guidelines.
· Guide the Bank’s digital transformation roadmap while maintaining focus on core MFB operations
· Champion responsible adoption of new technologies to enhance financial inclusion and customer trust.
· Support the Board’s long-term plan to transition the MFB into a digital-first, blockchain-enabled financial institution.
QUALIFICATIONS & EXPERIENCE
Requirements
· Minimum of B.Sc./B.A. in Finance, Banking, Economics, Accounting, or related discipline.
· MBA or professional qualification (ACIB, ACA, ACCA, etc.) is an added advantage.
· Minimum of 12 years’ experience in the financial services sector, with at least 2 years in senior management at a licensed microfinance or commercial bank.
· Proven track record in credit operations, deposit mobilization, and profitability management.
Strong understanding of CBN MFB guidelines, corporate governance, and risk management frameworks.
· Demonstrated leadership, people management, and stakeholder engagement skills.
· Experience in digital banking and fintech innovation preferred
SKILLS &COMPETENCIES
Key Skills and Competencies
· Must meet CBN’s Fit and Proper criteria for the role of MD/CEO
· Experience in early-stage bank growth or turnaround environments is a plus
· Strong operational discipline and regulatory acumen
· Financial management and business growth orientation
· Integrity, professionalism, and sound judgment
· Adaptability to emerging digital finance trends
COMPENSATION & BENEFITS
· Salary based on experience and performance-based incentives.
· Comprehensive benefits package.
Candidates with strong credit experience and Senior managers from retail-focused commercial banks with microfinance exposure are strongly encouraged to apply.
For consideration, please submit your resume (in Word format) and cover letter to elisa@es africa.com.