Kredete is a financial technology platform that helps African immigrants in the diaspora build credit through instant international money transfers to 22+ countries, with low fees. We also offer businesses an API-based infrastructure for secure and low-cost cross-border payments to many African countries.
We are recruiting to fill the position below:
Job Position: Managing Director
Job Location: Nigeria
Job type: Full-time - On-site
Job Description

• We are seeking a highly skilled and experienced Managing Director with over 10 years of professional experience to join our team.
• The ideal candidate will be responsible for leading the strategic direction, growth, and overall success of the organization.
• This role requires exceptional leadership, vision, and a deep understanding of the banking industry, preferable in the MFB sector.

Key Responsibilities

• Lead the strategic direction of the microfinance bank in compliance with CBN and regulatory guidelines.
• Oversee financial reporting to regulatory bodies (CBN, FIRS, NDIC) and ensure timely submission of required reports.
• Drive financial planning, budgeting, and forecasting to ensure long-term profitability.
• Engage with CBN for approvals and regulatory support for new products and services.
• Build relationships with investors, partners, and key stakeholders in the financial services sector.
• Maintain strong relationships with regulatory authorities and ensure compliance with all legal, tax, and regulatory obligations.
• Manage risk, compliance, and internal control strategies to meet all regulatory requirements.
• Develop growth strategies to expand product offerings and market share, focusing on underbanked populations.
• Lead the executive team, developing leadership across departments to drive operational efficiency.
• Monitor market trends, competitive threats, and business opportunities to inform strategic decisions.
• Uphold corporate governance and ethical standards within the organization.
• Drive customer acquisition and retention strategies, enhancing the customer experience.
• Represent the bank in external forums, industry conferences, and stakeholder meetings.
• Collaborate with the Board of Directors on performance, strategy, and regulatory compliance.

Qualifications

• Bachelor's Degree in Business Administration, Finance, or a related field; MBA or advanced degree preferred.
• Proven track record of executive leadership and success in the fintech industry or microfinance bank, with a minimum of 10 years of relevant experience.
• Strong strategic thinking, analytical, and problem-solving skills.
• Excellent communication, negotiation, and relationship-building abilities.
• Demonstrated ability to drive results, manage change, and inspire teams.
• In-depth knowledge of fintech trends, technologies, and regulatory landscape.
• Entrepreneurial mindset with a passion for innovation and disruption.
• Ability to thrive in a fast-paced, dynamic environment.