Managing DirectorMenzon

• Our client, a leading FinTech company in Nigeria, offering a comprehensive suite of payment solutions, payment terminal services, and super agency operations with a commitment to driving financial inclusion and innovation, making financial services accessible and convenient for everyone, seeks a highly motivated and experienced Managing Director.
• The successful candidate will be responsible for overall leadership, setting the strategic direction, driving innovation, and profitable expansion across their payment solutions, payment terminal services, and super agency network.
• He/she will lead a talented team and oversee all aspects of their operations, ensuring regulatory compliance, and the delivery of exceptional value to their customers and stakeholders.

Key Responsibilities
Strategic Leadership:

• Lead the development and execution of a comprehensive growth strategy, focusing on expanding market share and service offerings.
• Oversee the creation and implementation of annual business plans.
• Stay abreast of industry trends and regulations, identifying new opportunities and adapting the business model to market changes.
• Foster a culture of innovation, collaboration, and results-oriented execution.
• Set ambitious yet achievable goals for all departments in alignment with the overall corporate vision.

Operational Excellence:

• Oversee all day-to-day operations of the company.
• Provide strong leadership and direction to all departments within the company.
• Ensure efficient and effective management of all resources, optimizing processes and maximizing profitability.
• Implement robust risk management strategies.
• Monitor key performance indicators (KPIs) across all business units and ensure optimal business outcomes.
• Drive innovation and continuous improvement across all aspects of the business.

Stakeholder Management:

• Build and maintain strong relationships with key stakeholders, including financial institutions, investors, partners, regulatory bodies, and industry associations.
• Clearly communicate the company's vision and strategy to all stakeholders.
• Represent the company at industry events and conferences, promoting the brand and vision.

Financial Performance:

• Drive revenue growth and profitability, ensuring strong financial performance against set targets.
• Drive the creation and execution of annual budgets and financial forecasts.
• Manage financial resources effectively, optimizing profitability and return on investment.
• Work closely with the finance team to ensure accurate financial reporting and compliance with all regulations.

Regulatory Compliance:

• Implement robust compliance measures and frameworks to ensure adherence to all regulatory requirements.
• Proactively address any compliance concerns.

Technology and Innovation:

• Champion the adoption of innovative solutions to improve the payment platform, enhance user experience, and drive business growth.
• Lead the company in leveraging technology to stay ahead of the curve in the rapidly evolving FinTech landscape.
• Ensure in collaboration with the IT Department the smooth operation and security of technology infrastructure.

Building a High-Performing Team:

• Attract, retain, and motivate top talent, fostering a collaborative and results-oriented work environment.
• Empower your team to make decisions and take ownership of their projects.
• Invest in the professional development of your team, ensuring they have the skills and knowledge to succeed.

Additional Responsibilities:

• Review and prepare sundry reports in a timely manner.
• Exercise responsible and ethical decision making always regarding company’s resources.
• Implement and ensure adherence to company’s policies and procedures.
• Promote the company’s values and philosophy in the performance of your services.

Requirements

• Master’s Degree in Management, Business, Finance, Economics or related field (MBA preferred).
• Minimum 8 years of experience in senior leadership roles within the FinTech or financial services industry.
• Membership of relevant professional bodies is an added advantage.
• Proven track record of success in leading and driving significant growth and profitability for a financial services company.
• In-depth knowledge of the Nigerian financial ecosystem, payment landscape and regulatory environment governing PSSPs, PTSPs, and Super Agents.
• Exceptional business acumen and negotiation skills.
• Excellent leadership and communication skills with the ability to motivate and inspire a high-performing team.
• Strong analytical and problem-solving skills.
• Passion for financial inclusion and driving positive change in Nigeria.
• Excellent strategic thinking, analytical, and problem-solving skills.
• Exceptional interpersonal and relationship-building skills with the ability to build trust and collaborate effectively with internal and external stakeholders.
• Strong work ethic and a dedication to achieving results.
• Passion for innovation and a forward-thinking approach to the future of FinTech.