Client: Fast Growing Investment & Asset Management Company with footprints across Africa.
Location: Nairobi, Kenya
Salary: Negotiable based on Experience
Job Purpose: To drive business growth in the Country by identifying opportunities, thereby enhancing the organization’s share in the market.
Responsibilities of the Managing Director Job:
Monitor and initiate recovery action on non-performing loans.
Control’s expenditure both within Discretionary Limit and under approved Budget ceiling.
Ensure in-house training of staff is undertaken as necessary.
Facilitate communication and information within the business.
Communicate organization’s mission and objectives; strategic plans, policies and procedures etc.
Ensure that all lending applications are considered in the light of organization policy, liquidity position, sectoral guidelines and local knowledge.
Monitor actual activity and performance levels against the approved budget and make recommendations to the Group Chief Executive to ensure the budget objectives are achieved
Coach and motivate employees to effectively execute their strategic decisions to meet corporate targets
Authorize major country expenditure in line with approved authority limits.
Communicate and monitor the implementation of the organization’s overall strategy and detailed SBU plans nationwide.
Develop business strategies for the country and ensure effective implementation in line with approved budget.
Direct relationship management activities to secure and increase share of customer’s businesses within the country.
Ensure business directives and initiatives from management are well disseminated across the country.
Ensure full compliance with regulatory and statutory requirements.
Ensure leading-edge products/services are developed proactively and deployed speedily to meet the identified needs of the target customer segments.
Identify and contribute improvement opportunities to promote safe and sound credit practices in the organization.
Identify critical interdependencies among the sectors and forge effective organizational linkage to ensure a concerted/seamless implementation of the organization’s global business strategy
Key Performance Indicators:
Investment Deposit achieved
Savings Account Deposit
Risk Asset given out
PBT after allocated expenses
Personal Development based on completion of trainings
Colleague Development based on adherence to timelines for assessment exercises, internal customer survey
Fees & Other Income
NPL- reduction in non- performing loan
New Account opened within period
Cost to Income- percent target achieved
Cost Reduction
Revenue
Qualifications of the Managing Director Job:
Master’s degree (MBA, MSc, MA. ML) is compulsory.
Bachelor’s degree in Commerce, Business Management, Finance, or any other relevant field.
A related professional qualification is compulsory.
Minimum of 15 years financial sector experience spanning credit analysis, retail banking, wholesale banking, investment banking, commercial and public sector banking.
Knowledge of organization’s products and services.
Basic Accounting Knowledge.
Extensive knowledge of the organization.
Knowledge of ICT.
Knowledge in project management.
Knowledge of law, conventions, customs and practices in the financial sector.
Knowledge of Finance and Cost Management.
Leadership / Supervisory Skills.
Strategic Thinking.
Coaching / counselling.
Team building / conflict management.
Organization & coordination.
How to Apply:
Qualified & Interested candidates should send their application along with detailed CV indicating their daytime contact details to vacancies@gaprecruitment.co.keon or before Tuesday 4th May 2021.
The subject of the email should be Managing Director.
