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Managing Director at GTI Microfinance Bank Limited

GTI Microfinance Limited was incorporated in August 2007 as a limited liability company and started its operations in 2008 at No. 127 Obafemi Awolowo Road, Ikeja. In October 2013, it was licensed as a State-Wide Microfinance Bank and moved its Head Office to No. 4 Tinubu Street, Central Business District, Marina Lagos. Other branches are located at Mushin, Abattoir in Agege, Surulere.

We are recruiting to fill the position below:

Job Title: Managing Director

Location: Lagos
Employment Type: Full-time

Summary of Job Responsibilities

  • The MD shall coordinate and manage all strategic and operational activities of the bank as a profit centre and ensures the delivery of reliable, quality, and timely services to customers at the least cost, in a secure and controlled environment while ensuring maximum profitability and compliance with bank policies and procedures.
  • He/She shall work as a key member of GTI Microfinance Bank Limited (GTI MFB) and oversee the design, enhancement, implementation, reporting, and oversight of products development, sales & marketing, financials, and operational activities of the bank.

Specifically, the MD will:

  • Take a leadership role in building, implementing, and overseeing all of the Bank’s systems, processes, workflows, and procedures.
  • Ensure strategic objectives shaped at Executive Management level are translated into tactical business plans with mechanisms for key measurements in place to monitor progress.
  • To be the chief driver of the strategic planning, budgeting and forecasting of business requirements and decision-making process. Shape and guide the future growth and development of the Bank.
  • Be responsible for the development and marketing of the digital banking business model of the bank and reporting on its operations, market penetration strategy, profitability, etc.
  • Develop, refine and implement operations strategy including aspects of product design, digital banking model development, creation of risk assets, customers outreach and management.
  • Ensure overall quality and efficiency of operations through delivery of outstanding services that is customers focused.
  • Review performance against balanced scorecard components as prescribed by the Executive Management, discuss gaps and agree on action plans to close gaps.
  • Benchmark productivity of the department against industry standards and create measures to improve productivity.
  • Build strong relationships with key stakeholders, including the regulators and Executive Management team to ensure the correct focus.
  • Monitor the strict adherence to governance and setting high standards of professionalism across all departments of the bank.
  • Review performance improvement reports to determine effectiveness of interventions.
  • Drive and deliver on the budget of the management office as an integral part of the global budget.

Qualifications & Experience

  • Possession of post graduate certification and any of the professional qualificationsuch as ICAN / ACA / MCIBN / CFA / MBA / M.Sc or any other relevant professional bodies.
  • Not less than 15 years cognate working experience in the Bankingsector, 5 of which must be in a Microfinance Bank as a Managing Director or an equivalent position.
  • The ideal applicant should also have experience in business strategy development, sales & marketing, product development and leadership skills are strongly required.

Basic Requirements:

  • Achieve Improvement in Financial Performance through Market Share growth and Operational Efficiency.
  • Has leadership and management abilities to oversee the bank.
  • Possesses a passion to help team members and customers.
  • Able to see the big picture and plan out details.
  • Detail-oriented, Goal-oriented, task driven.
  • Strong process and planning orientation
  • Designs efficient systems, seeks productivity.
  • Balances team’s needs with goals of practice
  • Ability to delegate to the right team members.

Application Closing Date
31st March, 2022.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

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