State Head at Fairmoney Microfinance Bank - 2 Openings

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. FairMoney maintains a strong international presence, with offices in several countries, including France, Nigeria, Germany, Latvia, the UK, Türkiye, and India.

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents.

We are recruiting to fill the position below:

Job Title: State Head

Locations: Ikeja - Lagos and Rivers
Employment Type: Full-time

About the Role

• As the State Head (Aggregator Network), you are the CEO of the region, responsible for regional performance and individual state under purview.
• You must be self-driven, result oriented and most importantly – An A player. You are primarily responsible for shaping and driving your region’s growth strategy to correctly position it within landscape in Nigeria by working with the Head of Retail Banking in cementing the FairMoney strategy of becoming the largest neobank in Nigeria.

Roles and Responsibilities

• Source for new clients and expand client network in the retail marketplace (Agents and consumers).
• Develop and maintain market dominance by ensuring acquisition, retention and Month on Month growth in acquisition and loan conversion in market segment.
• Drive corporate strategy in Schools, Markets, Partnerships with OFIs/Super Agents/ Aggregators and Agricultural value chain.
• Sign up and maintain relationship with value chain actors.
• Monitor regional performance, staff and consumer behavior and provide market intelligence to the team.
• Proper Branding and training of Agents/Consumers and partners.
• Comply with rules, regulations and legislation governing the financial services industry.
• Motivate, mentor and supervise regional staff for delivery of FairMoney corporate objective.
• Consistently deliver monthly OKR.

Requirements

• Any other responsibility as may be assigned by the Head of Retail Banking.
• A Bachelor's Degree in any relevant discipline
• A minimum of 6 - 8 years of experience in the Agency Banking business.
• Must have an android phone.
• Proven experience managing a high performance sales team.
• Ability to motivate a team of Sales Managers for performance.
• Extremely flexible, result oriented, hardworking with a strong track record of success.
• Ability to self-motivate and manage self.
• Good communication and interpersonal skills.
• Customer orientation and ability to adapt/respond to different characters.

Application Closing Date
3rd February, 2025.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Note: To gain deeper insights into FairMoney's pivotal role in reshaping Africa's financial landscape, we invite you to watch this informative video.