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Tuesday, July 12, 2016

Chief Operating Officer (COO)

by Juma Mzuri  |  at  1:56 AM


People & Change Nigeria

Job type:


Closing date:




Reference Number:

The Company
Our Client is setting up a Development Finance Institution with an objective to increase the availability and access to finance for Micro, Small and Medium Enterprises (MSME) through eligible financial intermediaries
Roles & Responsibilities
Overall Function of the Position:
The Chief Operating Officer (COO) directs and coordinates the internal operational activities of the organization in accordance with policies, goals, and objectives established by the Chief Executive Officer and the Board of Directors. The Chief Operating Officer reports to the Chief Executive Officer (CEO).

Specific Duties of the Position:
Directs internal operations to achieve budgeted results and other financial criteria, and to preserve the capital funds invested in the Bank.
Participates in the development and preparation of short-term and long-range plans and budgets (based upon broad organization goals and objectives) and recommends their adoption to the Chief Executive Officer.
Directs the development and installation of procedures and controls, to promote communication and adequate information flow, and thereby solidify management control and direction of the enterprise.
Develops and establishes operating policies in line with the CEO’s and Board’s guidance and ensures their adequate execution. Appraises and evaluates the results of overall operations regularly and systematically, and reports these results to the CEO
Insures that all activities and operations are performed in compliance with local, state, and federal regulations and laws governing business operations.
Develops and maintains a sound plan of organization. Establishes policies to insure adequate management development and to provide for capable management succession for those functions/business units falling under his/her responsibility.
Ensures that all team members are looking for ways to systematize the business to increase efficiency
Manages master project list and assigns special projects as needed
Education and Experience Required:
Minimum of Bachelor’s in any discipline and a Master’s Degree in any business related discipline
Minimum of 18 years post-graduation experience out of which at least 13 years must have been in the financial services industry and at least 8 years must have been spent at an Executive or Senior management level
Relevant professional qualifications preferably in a business related discipline.
Proven track record in MSME and developmental projects

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