Managing Director at Transkredit Finance Company

Transkredit Finance Company was birthed to address a gap in financial inclusion, in line with the Maya Declaration; a global initiative for responsible and sustainable financial inclusion that aims to reduce poverty and ensure financial stability for the benefit of all. We have taken up a mandate to provide easy access to credit for every qualified adult and reputable organization in Nigeria and beyond; through the use of innovation and our array of products tailored to suit their needs.

We are recruiting to fill the position below:

Job Title: Managing Director

Location: Abuja (FCT)
Employment Type: Full-time

Job Summary

• As the Managing Director, you are responsible for upholding successful company operations by implementing business strategies and fostering business relationships. 
• You will work to improve the organization’s market position and achieve financial growth. 
• You are expected to define long-term organizational strategic goals, build key customer relationships, identify business opportunities, negotiate and close business deals and maintain extensive knowledge of current market conditions.
• This critical role requires a visionary leader who can navigate complex financial landscapes, build strong client relationships, and drive organizational success.

Key Responsibilities
Strategic Leadership:

• Develop and implement comprehensive long-term strategic plans that align with the organization's mission and market opportunities
• Define and communicate the organization's strategic vision to the executive team, board of directors, and key stakeholders
• Lead the development of annual business plans, financial targets, and performance metrics
• Identify and capitalize on new business opportunities and strategic partnerships
• Determine strategy to minimize risks or maximize returns on assets under management.
• Drive the optimization of shareholder value whilst balancing all other competitive stakeholder needs.
• Liaise and maintain relationship with CBN and other regulatory authorities on behalf of the organization.

Financial Performance and Growth:

• Oversee the financial performance of the entire organization, including revenue generation, profitability, and capital allocation
• Set and manage ambitious financial targets across all business units
• Develop and maintain robust financial strategies to optimize revenue streams and manage risk
• Ensure compliance with financial regulations, reporting standards, and corporate governance requirements
• Drive continuous improvement in financial processes, operational efficiency, and cost management

Client and Stakeholder Relations:

• Build and maintain high-level relationships with key clients, investors, regulators, and strategic partners
• Represent the organization at industry conferences, events, and networking platforms
• Cultivate a client-centric approach that emphasizes exceptional service and long-term value creation
• Act as the primary external spokesperson for the organization

Team Leadership and Organizational Development:

• Recruit, develop, and retain top-tier talent across all levels of the organization
• Foster a culture of innovation, accountability, and continuous learning
• Provide mentorship and professional development opportunities for staff
• Implement effective performance management and succession planning strategie

Risk Management and Compliance:

• Establish and maintain robust risk management frameworks
• Ensure strict adherence to regulatory requirements and industry best practices
• Develop and implement comprehensive risk mitigation strategies
• Oversee internal audit processes and maintain transparency in financial reporting

Technology and Innovation:

• Champion digital transformation initiatives within the organization
• Drive the adoption of cutting-edge financial technologies and innovative solutions
• Ensure the organization remains competitive through technological advancement
• Support research and development of new financial products and services

Requirements and skills

• Candidates should possess relevant qualifications in a related field with years of proven experience.
• Experience with analytics, data, databases, predictive modelling, or business intelligence preferred.
• A proven track record of working in Fintech business (Payment processing, Money Movement, online banking, etc.) in a leadership role.
• Lead and execute on business objectives, rather than follow the competition.
• Subject matter expert with a strong background in market definition with deep expertise across strategy, product, pricing, marketing and technology.
• Strong commercial acumen maintaining a keen focus on revenues, growth and profitability, combining strategic and analytical capabilities with a results-focused approach.
• Demonstrated success building a risk-based business (both strategy and execution).
• Strong executive presence and relationship management skills.
• Creates a sense of purpose for the future; vividly describes the vision and provides direction for how to get there.
• Drive clarity and inspiration in direction and goals.
• Foster a learning culture; motivates others to challenge themselves and take ownership; provides safety for trial and error.
• Technical and Financial Savvy.
• Strong understanding of corporate finance and measures of performance.
• Familiarity with corporate law and management best practices.
• Excellent organisational and leadership skills.
• Excellent communication, interpersonal and presentation skills.
• Outstanding analytical and problem-solving abilities.

Application Closing Date
9th May, 2025.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@transkreditfinance.com using the Job Title as the subject of the email.