Chief Executive Officer at Deloitte Nigeria

Deloitte Nigeria - Our client, a Development Finance Institution positioned to empower more micro, small and medium enterprises across Nigeria desires to establish a Credit Guarantee Company(CGC) which would further incentivize banks to lend to the MSME segment, through the provision of credit guarantee coverage for loans made to eligible MSMEs by Participating Financial Instiitutions. To align with good corporate governance practices, the CGC is envisaged as the wholly-owned subsidiary of the DFI and towards the achievement of this initiative, we seek to fill the strategic position below:Job Title: Chief Executive OfficerReference Number: CGF001Location: Nigeria Job SummaryEstablish and design the Credit Guarantee Company in cooperation with the assigned external consultant assigned to this taskAssume responsibility and provide leadership direction towards the overall success of the facilityUnder the supervision of the Board of Directors, the CEO will be responsible for the day-to-day management of the fund; develop business strategies and plans; ensure its alignment with short-term and long-term objectives; lead and motivate staff to advance employee engagement; develop a high performing managerial team; and, ultimately oversee all operations and business activities to ensure production of desired results and consistency with the overall strategy and mission of the fund.Duties and ResponsibilitiesDesign and establishment of the Credit Guarantee Company (CGC):Participate in market assessment of MSME and credit guarantee schemesParticipate in the financial set up and operational structure of the CGC as well as testing and roll out of initial CGC servicesProvide assistance in developing the risk evaluation and monitoring mechanisms of the CGCEngage in the development of the fund procedural manuals.Mission Advancement:Provide strategic advice to the Board of Directors;Develop and position the strategic direction of the CGC to ensure its profitable growth and successLead and influence the implementation and achievement of the strategic and operational plans as well as ensure regulatory compliance;Establish and manage an effective working relationship with all the stakeholders and beyond, towards the achievement of corporate objectives;Decide and Manage the Fund’s extension of credit guarantee facilities to local financial institutions.Process Management:Ensure establishment of systems, procedures, and resources required to fulfil the CGC’s mission and reporting requirementsDirect the development of policies and procedures necessary for the operation of the CGCEnsure implementation of all policies and procedures adopted by the Board of Directors;Prepare meeting agendas, attend meetings, and supervise the recording of minutes at all Board of Directors meetings.Financial Management:Lead achievement of the CGC’s financial goals and ensure consistent accomplishment the key performance indicators;Ensure consistent oversight of financial position of the CGC to ensure appropriate balance of long-term and short-term finance, as well as provision of adequate cash flow for day-to-day operations;Ensure sound financial performance of the company; Provide monthly financial statements and annual reports to the Board of Directors in a timely fashion;Ensure appropriate management of the CGC's liquidity position;Supervise investment management of the CGC’s surplus cash to enhance returns while controlling duration and credit risk;Manage internal controls over financial reporting for the CGC and its facilities.Business Development and Customer’s Agenda:Ensure maximum focus on the growth of the CGC’s portfolioCreate and innovate products and services towards strategic competitiveness;Foster a climate of customer focus and set the tone at the top for effective business development;Lead the achievement of the agreed customer service standards and ensure the leadership, dissemination, understanding and delivery of customer centric services across the fund;Work closely with the Board and the executive leadership team to establish and review strategic priorities for key partnerships.Internal and External Audit/ Risk Management and Compliance:Ensure embedment of a strong risk, compliance and governance framework across the fund;Ensure development and integration of a strong and effective internal audit framework;Identify strategic and operational risks, ensure mitigation strategies are in place, and where appropriate, minimize any actual or potential impact;Ensure operational areas have an updated risk management framework in line with the fund’s risk management strategies;Ensure establishment and compliance with all procedural manuals as well as continuous improvement and updates where necessary;Ensure effective risk management of the CGC at enterprise level in maintaining the safety and soundness of the company’s operation; timely accurate reporting to the Board of Directors;Ensure appropriate risk diversification, quality of credit and overall company risk profile;Supervise external audit of annual financial reporting and operations and ensure implementation of recommendations;Risk and audit functions of the fund must operate independently that of business with regular independent reporting to the Board.Human Resources:Understand and implement leadership responsibilities and accountabilities across the fund as well as in accordance with the fund’s policies and applicable laws; employee training, workflow direction, performance appraisal, complaints resolution, and succession planning;Appoint, with approval from the Board where necessary, executives who report to the CEO;Create and implement a framework for the operation of an effective senior management team;Foster and maintain a corporate culture within the CGF that embodies high integrity and the CGC core values.

Apply at https://ngcareers.com/job/2018-08/chief-executive-officer-at-deloitte-nigeria-94/