Managing Director – MFB

CashXpress Nigeria Limited | Lagos, Nigeria

Full-Time Posted today 2 views

About the Role

CashXpress Nigeria Limited is seeking a visionary and results-driven Managing Director to lead our Microfinance Bank. In this critical executive role, you will bridge the financial gap for individuals by providing fast, competitive loans without discrimination. The successful candidate will provide strategic leadership, drive sustainable business growth, ensure exceptional financial performance, and maintain flawless compliance with Central Bank of Nigeria (CBN) regulations and other relevant statutory requirements within the dynamic Nigerian financial services sector.

Key Responsibilities
  • Provide strategic leadership and direction for the Microfinance Bank, developing and implementing comprehensive business strategies and growth initiatives.
  • Drive revenue growth, profitability, aggressive customer acquisition, and strategic market expansion across Nigeria.
  • Oversee lending and credit operations to maintain a healthy, sustainable loan portfolio while effectively managing non-performing loans and recovery strategies.
  • Ensure robust risk management, internal controls, corporate governance, and strict compliance with CBN regulations and relevant laws.
  • Monitor financial performance, liquidity, capital position, and key performance indicators to safeguard institutional stability.
  • Lead product and service development tailored to meet the evolving financial needs of our customer base.
  • Oversee operational efficiency and champion a culture of excellent customer service delivery across all touchpoints.
  • Establish performance targets, foster accountability, and lead, motivate, and develop a high-performing management team.
  • Represent CashXpress Nigeria Limited at high-level industry, regulatory, and stakeholder engagements.

Qualifications
  • Bachelor Degree in Accounting, Finance, Economics, Business Administration, or a related field.
  • Master Degree or relevant professional qualifications such as ICAN, ACCA, CFA, or MBA will be a distinct advantage.
  • Minimum of 10 years of relevant experience in banking, microfinance, financial services, or a related sector, with substantial senior management tenure in a regulated institution.
  • Deep understanding of microfinance banking operations, credit risk management, financial strategy, and the Nigerian financial services environment.
  • Proven track record of driving business growth, profitability, and successfully navigating CBN regulatory frameworks.
  • Exceptional strategic planning, business development, analytical, communication, and executive decision-making skills.
  • Impeccable integrity, professional ethics, and a strong awareness of corporate governance standards.

Benefits
  • Competitive executive salary and comprehensive benefits package commensurate with experience and qualifications.
  • Opportunity to shape the future of inclusive financial services in Nigeria with a forward-thinking institution.
  • Strategic leadership platform with direct influence over organizational vision and market expansion.

Skills

Strategic Leadership Microfinance Banking Credit Risk Management CBN Regulatory Compliance Financial Management Business Development Executive Management Portfolio Management

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