At Transkredit, we are guided by our mission to deepen financial inclusion in Sub-Saharan Africa. We are passionate about the strength of our brand and guided by a set of values that enable us to live out our purpose of empowering the people and organizations we work with.
Job Summary
- As the Managing Director, you are responsible for upholding successful company operations by implementing business strategies and fostering business relationships.
- You will work to improve the organization’s market position and achieve financial growth. You are expected to define long-term organizational strategic goals, build key customer relationships, identify business opportunities, negotiate and close business deals and maintain extensive knowledge of current market conditions.
- This critical role requires a visionary leader who can navigate complex financial landscapes, build strong client relationships, and drive organizational success.
Key Responsibilities
Strategic Leadership:
- Develop and implement comprehensive long-term strategic plans that align with the organization’s mission and market opportunities
- Define and communicate the organization’s strategic vision to the executive team, board of directors, and key stakeholders
- Lead the development of annual business plans, financial targets, and performance metrics
- Identify and capitalize on new business opportunities and strategic partnerships
- Determine strategy to minimize risks or maximize returns on assets under management.
- Drive the optimization of shareholder value whilst balancing all other competitive stakeholder needs.
- Liaise and maintain relationship with CBN and other regulatory authorities on behalf of the organization.
Financial Performance and Growth:
- Oversee the financial performance of the entire organization, including revenue generation, profitability, and capital allocation
- Set and manage ambitious financial targets across all business units
- Develop and maintain robust financial strategies to optimize revenue streams and manage risk
- Ensure compliance with financial regulations, reporting standards, and corporate governance requirements
- Drive continuous improvement in financial processes, operational efficiency, and cost management
Client and Stakeholder Relations:
- Build and maintain high-level relationships with key clients, investors, regulators, and strategic partners
- Represent the organization at industry conferences, events, and networking platforms
- Cultivate a client-centric approach that emphasizes exceptional service and long-term value creation
- Act as the primary external spokesperson for the organization
Team Leadership and Organizational Development:
- Recruit, develop, and retain top-tier talent across all levels of the organization
- Foster a culture of innovation, accountability, and continuous learning
- Provide mentorship and professional development opportunities for staff
- Implement effective performance management and succession planning strategies
Risk Management and Compliance:
- Establish and maintain robust risk management frameworks
- Ensure strict adherence to regulatory requirements and industry best practices
- Develop and implement comprehensive risk mitigation strategies
- Oversee internal audit processes and maintain transparency in financial reporting
Technology and Innovation:
- Champion digital transformation initiatives within the organization
- Drive the adoption of cutting-edge financial technologies and innovative solutions
- Ensure the organization remains competitive through technological advancement
- Support research and development of new financial products and services
Requirements and Skills
- Interested candidates should possess a Bachelor’s or Master’s Degree with 15-25 years experience.
- A proven track record of working in Fintech business (Payment processing, Money Movement, online banking, etc.) in a leadership role
- Lead and execute on business objectives, rather than follow the competition
- Subject matter expert with a strong background in market definition with deep expertise across strategy, product, pricing, marketing and technology
- Strong commercial acumen maintaining a keen focus on revenues, growth and profitability, combining strategic and analytical capabilities with a results-focused approach
- Demonstrated success building a risk-based business (both strategy and execution)
- Strong executive presence and relationship management skills
- Creates a sense of purpose for the future; vividly describes the vision and provides direction for how to get there
- Drive clarity and inspiration in direction and goals
- Foster a learning culture; motivates others to challenge themselves and take ownership; provides safety for trial and error
- Technical and Financial Savvy
- Experience with analytics, data, databases, predictive modelling, or business intelligence preferred
- Strong understanding of corporate finance and measures of performance
- Familiarity with corporate law and management best practices
- Excellent organisational and leadership skills
- Excellent communication, interpersonal and presentation skills
- Outstanding analytical and problem-solving abilities
Method of application
Meet the Qualifications? Email your CV to [email protected] using the position as subject of email.