Job Description
Job description:
NOBLE MICROFINANCE BANK LTD.
Building Nigeria's Most Trusted Community Bank
Noble Microfinance Bank Limited is a newly restructured, technology-enabled financial institution committed to empowering individuals, MSMEs and businesses through innovative financial solutions.
As part of our commencement strategy, we seek exceptional banking professionals to join our pioneering leadership team and build an institution founded on integrity, innovation, operational excellence and superior customer experience.
If you possess exceptional competence, proven leadership capability and a passion for transforming financial services, we invite you to apply.
MANAGING DIRECTOR / HEAD OF BUSINESS DEVELOPMENT Position Summary
The Managing Director/Chief Executive Officer (MD/CEO) shall provide strategic leadership for the Bank and be responsible for the overall management, profitability, growth, governance and regulatory compliance of the institution.
The successful candidate will lead the establishment, growth and long-term sustainability of the Bank while ensuring full compliance with the provisions of BOFIA, CBN Guidelines for Microfinance Banks, NDIC Regulations, AML/CFT requirements and all applicable laws.
The role reports directly to the Board of Directors.
Key Responsibilities
The MD shall:
Strategic Leadership
• Develop the Bank's strategic direction.
• Drive profitable growth.
• Build a sustainable banking franchise.
• Develop annual business plans.
• Execute Board-approved strategy.
• Identify new market opportunities.
• Drive innovation and digital banking initiatives.
• Position the Bank competitively.
Business Development
Lead deposit mobilisation initiatives.
Grow quality loan portfolio.
Develop agency banking.
Expand retail banking.
Develop SME banking.
Grow corporate relationships.
Develop strategic partnerships.
Increase profitability.
Expand customer acquisition.
Increase market share.
Financial Management
Drive profitability.
Manage cost-to-income ratio.
Improve shareholder value.
Protect capital adequacy.
Ensure liquidity compliance.
Monitor budget performance.
Drive revenue diversification.
Improve operational efficiency.
Corporate Governance
Promote ethical leadership.
Ensure Board compliance.
Implement Board resolutions.
Maintain effective governance.
Strengthen enterprise risk management.
Promote transparency.
Maintain internal controls.
Protect stakeholder confidence.
Regulatory Compliance
Ensure compliance with:
· BOFIA
· CBN Regulations
· NDIC Guidelines
· AML/CFT Regulations
· KYC Requirements
· Data Protection Laws
· Tax Regulations
· IFRS Reporting Requirements
People Leadership
Build the pioneer management team.
Develop successors.
Create high-performance culture.
Drive employee engagement.
Promote accountability.
Develop organisational capability.
Drive performance management.
Build leadership pipeline.
Stakeholder Management
Maintain relationships with:
CBN
NDIC
Shareholders
Board
Auditors
Regulators
Community leaders
Business partners
Institutional customers
Qualifications
Bachelor's Degree in:
Finance
Accounting
Economics
Banking
Business Administration
or related discipline.
MBA or Master's degree preferred.
Professional Certifications
At least one of:
ACIB
ACA
ACCA
ANAN
CFA
CISA (advantage)
CFE (advantage)
Experience
Minimum 12–15 years banking experience.
Minimum 7 years senior management experience.
Microfinance experience preferred.
Strong credit management experience.
Strong retail banking experience.
Digital banking exposure.
Board reporting experience.
Regulatory relationship management.
Required Competencies
Strategic Thinking
Commercial Acumen
Corporate Governance
Risk Management
Financial Analysis
Leadership
Negotiation
Business Development
Decision Making
Stakeholder Management
Emotional Intelligence
Change Leadership
Key Performance Indicators
Annual Profit Before Tax
Deposit Growth
Loan Portfolio Quality
Portfolio at Risk (PAR)
Capital Adequacy Ratio
Liquidity Ratio
Non-Performing Loan Ratio
Cost-to-Income Ratio
Customer Growth
Customer Satisfaction
Digital Banking Growth
Employee Engagement
Audit Rating
Regulatory Compliance
Return on Equity
Return on Assets
What We Offer
Highly Competitive Executive Compensation
Performance Bonus
Leadership Development
Opportunity to build a world-class institution
Executive Health Cover
Official Vehicle
Other Executive Benefits
Application
Qualified candidates should submit a detailed CV together with a cover letter highlighting relevant achievements and leadership experience.
Only shortlisted candidates will be contacted.
Work Location: In person
Pay: ₦700,000.00 - ₦800,000.00 per month
Work Location: In person
