Chief of Business Banking Product at Fairmoney Microfinance Bank in Lagos

Position Overview

We are looking for an skilled and agile Product leader to join our growing POS merchant & agency business in Nigeria. As we embark on our transformation journey to become a top business bank alongside our core POS solutions, we need a visionary leader who has a strong insight of financial technology, core payment operational structures, and business banking. The preferred candidate will play a key role in shaping our product plan, pushing creative invention, and providing outstanding financial solutions to merchants and businesses across Nigeria and other parts of Africa as we expand

Position duties

• Product Plan: Formulate and implement a complete product plan that aligns with the organization's aspiration of becoming a top business bank. Recognize development potentials, industry trends, and client needs to improve our product offerings.
• Financial technology Proficiency: Leverage financial technology expertise and industry findings to lead feature advancement and digital transformation. Recognize emerging technical solutions that can enhance our financial solutions and optimise operational workflows.
• Business Banking Growth: Head the growth of our product project sample to comprise of business banking solutions which includes deposits, lending, trade finance, and other financial initiatives tailored to meet the needs of small and medium-sized businesses.
• Core Payment Initiatives: Supervise the improvement and servicing & maintenance of our core payment operational structures, which includes POS terminals, to guarantee smooth and secure financial record for our clients.
• Market Analysis: Carry out market analysis and market benchmarking to comprehend client preferences, recognize market differences, and inform product development decisions.
• Client-focused Approach: Advocate a client-focused approach to product development, making sure that all programs are attentive on supplying value and an exceptional UX to our merchant and business clients.
• Cross-Operational Partnership: Team up with engineering, design, promotion, and processes teams to supply new goods and capabilities without delay.
• Legal adherence: Stay informed on applicable financial rules and make sure that our goods and solutions follow all adherence qualifications.
• Effectiveness Tracking: Establish key effectiveness indicators (KPIs) and indicators to track the success of new product launches and entire product effectiveness.
• Team lead: Build and head a top-performing cross-functional team, nurturing an environment that fosters creative invention, partnership, and ongoing development.
• Despite all of the above superpowers, you possess no chip on your shoulder & are fun to operate with.

Preferred Profile & Expertise

• Bachelor's or MSC in Business, Finance, Computer Science, or a relevant field
• Demonstrated expertise 10+ in financial technology, product management, and business banking, ideally in the Nigerian or African market or emerging markets
• Deep knowledge of core payment operational structures, financial technical solutions, and digital banking channels
• Track document of successfully initiating and scaling financial goods and solutions
• Outstanding strategic thinking, issue resolution, and strategic judgment abilities
• Effective guidance competencies with the capability to motivate and motivate cross-operational teams
• Exceptional information exchange and people skills
• Expertise with legal adherence in the financial solutions industry
• Adaptive schedule to adjust to a dynamic and continuously adapting business environment
• Enthusiasm for pushing financial addition and making a beneficial effect on businesses and networks

Qualifications

• Bsc in Business, Finance, Computer Science, or a relevant field. A MSC will be an added advantage
• Demonstrated expertise as a Feature lead in the lending industry, ideally inside the financial technology sector
• Deep understanding of lending goods and solutions, which includes buyer and small business lending, credit scoring models, and risk evaluation
• Proven expertise in conceptualizing and initiating successful financial technology goods
• Robust logical and analytics-based strategic judgment competencies
• Understanding with the Nigerian and African financial technology markets and an comprehension of local client preferences and actions is a incentive, but not crucial
• Outstanding executive guidance and verbal abilities with the capability to work alongside productively with cross-operational teams
• Expertise in coordinating and inspiring top-performing cross-functional teams
• Innovative troubleshooter mentality with a analytics-based and KPI-oriented approach using such resources as SQL, Python and Excel
• Innovative outlook and dedication to getting hands dirty at all times;

Perks

• Private Health Coverage
• Pension Strategy
• Development & Development
• Telecommuting
• PTO.

Talent acquisition 

• Interview with the Director of Product
• Case Study
• Interview with the CEO