FairMoney

FairMoney

Managing Director

  • Permanent contract 
  • Lagos
  • Master's Degree
  • > 10 years

The company

FairMoney

FairMoney

  • Banking, Big Data, FinTech / InsurTech

The job

Managing Director

  • Permanent contract 
  • Lagos
  • Master's Degree
  • > 10 years

This position was filled!

About

FairMoney is building the leading mobile bank for emerging markets.
For most of the positions, it’s possible to join FairMoney remotely or in one of our offices: in Paris, Bengaluru, Lagos, Riga.

We offer digital financial services to underbanked people in emerging markets. We give 10,000 loans daily (one every 8 seconds!) in Nigeria and India, and have banking operations in Nigeria, with over 200k active users.

We’re backed by international investors and raised over €15m to support our development. We are a team of close to 200 people between Paris, Lagos, Bengaluru, Riga.

Our values

Start with the client 📊
We are passionate, optimize for our users, care for our impact

Own, don’t rent 💥
We strive for ownership and don’t rest until what we own is accomplished

Scientist mindset 👩‍🔬
We solve large challenges, break them into small pieces, make well reasoned conclusions

Churn 9-5 🎯
Work should be something we love and embrace * that we measure in tasks achieved, not hours completed

Fly High - Fly Low 🙌
We fly high to make big and bold plans - strategize
We fly low and put our hands in the dirt to ensure the detailed high quality output of us and those that we manage

70/30 ⚡
We value execution speed and making decisions with 70% of the available data and a 30% margin of error over 100% accuracy and being blocked by over-analysis

Direct Feedback 🤝
We don’t carry frustration with us but give direct feedback to our colleagues regularly to make sure we all improve and get better

Radical Focus 🔎
Our mantra is to start with the question, “What should not be done this week to increase the focus on the things that really matter

Growth Mindset 📈
We believe in the power of the growth mindsets versus fixed mindset. Everyone is given the starting point that can be exponentially improved by hard work, curiosity and constant iterations on a given problem through learning from failures and feedback from others.

Talent has NO passport 👩‍💼👨‍💼
While opportunities might not be evenly distributed across the world, talent is and we value and embrace adding different cultures, nationalities and genders to our team.

Job description

The MD’s mission is to serve as enabler and visionary to build FairMoney as the first-choice mobile financial service provider in the country.

Acting as our MD you will be responsible for all operations (Customer Acquisition/ Marketing, Recollection, Customer Service, Finance) and the execution of strategic projects while managing and growing the team.

💻 We are waiting for you to work on :

  • Building the strategy of how to move FairMoney to becoming one of the largest Nigerian financial service providers,
  • Managing, monitoring and steering operations (Customer Service, Collections and Marketing),
  • Managing complex and strategic projects (acquisition, partnerships, integrations, etc.),
  • Managing the office & people (people management, office management),
  • Seting up new functions if/when required,
  • Being the face of the company in Nigeria.

Preferred experience

🤝 What we prefer you to come with :

  • You should have no less than 8 years of relevant experience in operational, finance and strategic functions. (Very strong background from top tier firms);
  • You should have acquired at least 5 years of post-graduate experience in the banking sector;
  • You should have a minimum of a first degree or its equivalent in any discipline (additional qualification in any business-related discipline would be an advantage);
  • You must have evidence that the you possess proven skills and competences in practical microfinance banking and has undergone the Microfinance Certification Programme and obtained a Certificate in Microfinance Banking issued by the Chartered Institute of Bankers of Nigeria (CIBN);
  • You should have previous experience in tech startups and a solid understanding of the Nigerian fintech market;
  • You should have a strong understanding of data - and have good command of Excel + PPT;
  • You should have already led large teams of various profiles and dealt with people issues;
  • You should know very well the Nigerian market (you live/ have lived in the country);
  • You should have very strong project management skills that you have proven previously in high pressure environments, executing flawlessly.

Recruitment process

  • Intro call with Business Unit Head/ CEO;
  • Case Study (Assessment);
  • Case Study Review with BU Head & Laurin, our CEO;
  • Culture-Fit Call

Meet the team

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